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Big data must deliver business value: Informatica CEO

From InformationWeek

"Recent studies have shown that enterprises are embracing advanced analytics and big data projects. But are they getting real value out of these efforts? Or are we headed for a period of disillusionment? Newly private Informatica has refocused on a mission to help enterprises turn their data investments into projects that drive real business value and avoid the disillusionment pitfall.

CEO Anil Chakravarthy spoke with InformationWeek in an interview about the company's mission, and the trends and opportunities he sees ahead this year.

Informatica appointed Chakravarthy as CEO in January, almost six months after naming him as acting CEO in conjunction with the company's acquisition by two private equity firms. The acquisition by Permira funds and Canada Pension Plan Investment Board – along with strategic investments from Microsoft and Salesforce – was completed in August 2015. The acquisition took Informatica private and gave the company ‘more flexibility and more time to implement our transformative innovation roadmap and to evolve our business model’, the company's then CEO and chairman, Sohaib Abbasi, said in a prepared statement at the time.”

Read more at InformationWeek

NCC Weekly News Update 2 February 2016 



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