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Stock impact report

Informatica's Generative AI Technology Embedded in Cloud Data Management Platform Transforms Access to Data by Putting Technology in the Hands of Every Business User [Yahoo! Finance]

Informatica Inc. (INFA) 
Company Research Source: Yahoo! Finance
REDWOOD CITY, Calif., May 21, 2024 BUSINESS WIRE Informatica (NYSE: INFA), an enterprise cloud data management leader, unveiled new product innovations designed to democratize generative AI (GenAI) across the enterprise with secure instantaneous access to data insights. The two product announcements were made at Informatica World currently underway in Las Vegas: Embed GenAI into every facet of data management with CLAIRE GPT Empower users to develop and deploy GenAI applications built on trusted data foundations Successful GenAI is completely reliant on successful data management – integrated, end-to-end solutions that produce ‘Ready Data' that drives more personalized experiences, better automation and more accurate decisions. Data management remains a deeply fractured and splintered market, a problem only expected to worsen throughout 2024. In a recent survey of 600 global Chief Data Officers, Informatica found nearly 6 in 10 (58%) reported they need five or more data managem Show less Read more
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