informatica corp (INFA) Key Developments
Informatica Introduces Total Supplier Relationship Application
May 20 15
Informatica Corporation announced the Informatica Total Supplier Relationship (TSR) application, a master data-fueled solution that enables supply chain, sourcing and purchasing teams to centralize and streamline the end-to-end process of managing information about supplier relationships and the raw materials and products they supply. By providing a Supplier360 view, Informatica TSR enables organizations to more effectively manage vendors and their performance, negotiate better prices, and reduce operating costs and risk.
Illinois State University Makes Informatica its Platform for Harnessing Data to Drive Student Success
May 13 15
Informatica Corporation announced that Illinois State University (Illinois State) has made Informatica the cornerstone of its ability to harness data to enable student success. Specifically, Illinois State has implemented InformaticaPowerCenter as the data integration foundation of its multi-year "LEAPForward" project, which is aimed at optimizing student-oriented business and data processes and providing a platform for business intelligence and analytics to enable student success at the university and beyond. Illinois State is using Informatica PowerCenter to create: a cohesive presentation of each student's time at Illinois State - PowerCenter is handling the movement,conversion and cleansing of the university's considerable base of historical student data (biographical, demographical, scholastic, etc.) from its soon-to-be-retired legacy mainframe to its new ERP-based Student System to provide a unified environment for accessing and leveraging student information. An enriched data environment for analytics - PowerCenter is also the data integration foundation for Illinois State's new data warehouse, integrating, transforming and enriching data from multiple sources for use by administrators and staff for business and academic decision-making purposes.
Informatica Corporation Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015
Apr 22 15
Informatica Corporation reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. Total revenues for the first quarter of 2015 were $250.5 million, an increase of 3% from $243.1 million in the first quarter of 2014. Total revenues were negatively impacted by larger than expected currency fluctuations as well as greater than planned deferral of license bookings. Income from operations for the first quarter of 2015, calculated in accordance with U.S. generally accepted accounting principles (GAAP), was $32.2 million, down 12% from $36.8 million in the first quarter of 2014. GAAP net income for the first quarter of 2015 was $21.6 million, down 13% from $24.9 million in the first quarter of 2014, and GAAP net income per diluted share was $0.20, down 9% from $0.22 per diluted share in the first quarter of 2014. Non-GAAP income from operations for the first quarter of 2015 was $52.5 million, down 7% from $56.7 million in the first quarter of 2014. Non-GAAP net income for the first quarter of 2015 was $36.9 million, down 7% from $39.5 million in the first quarter of 2014 and non-GAAP net income per diluted share was $0.34, down 3% from $0.35 per diluted share in the first quarter of 2014. Income before income taxes was $33,385,000 against $37,759,000 a year ago. Net cash provided by operating activities was $66,240,000 against $62,743,000 a year ago. Purchases of property and equipment were $2,330,000 against $6,200,000 a year ago.
Informatica Corporation Announces the Informatica Healthcare Analytics Accelerator
Apr 14 15
Informatica Corporation announced the Informatica Healthcare Analytics Accelerator, which provides healthcare organizations access to clean, safe and connected data. The new Healthcare Analytics Accelerator enables faster and more reliable clinical and operational analytics and empowers self-service analytics through intuitive data acquisition and data exploration layers. IT organizations are flooded with requests for new applications, creating mounds of valuable data. The struggle is in the proliferation of application and data silos, leaving business leaders seeking access to integrated data. The Informatica Healthcare Analytics Accelerator addresses this challenge.
Informatica Corporation Debuts Informatica Application Retirement for Healthcare Solution Debuts at HIMSS 2015
Apr 13 15
Informatica Corporation announced the Informatica Application Retirement for Healthcare Solution, which enables healthcare organizations to quickly retire legacy clinical and operational data to a secure, consolidated and easily accessible archive while preserving and prolonging its business value. The Informatica Application Retirement for Healthcare Solution will be shown in the Informatica Booth (#3056) at the HIMSS Annual Conference, April 12-16, 2015 at McCormick Place in Chicago. The Informatica Application Retirement for Healthcare Solution is aimed at healthcare provider organizations that are battling increasing IT complexity, risk and costs, as the result of maintaining legacy applications, as well as those unable to easily access legacy data in a cost- effective fashion. Based on the proven Informatica Data Archive platform, the Informatica solution empowers healthcare organizations to: Reduce IT costs while modernizing provider applications; Continue legacy data access after application retirement while reducing IT risk; Maintain compliance and privacy of patient information. Key capabilities of the unique, out-of-the-box Informatica Application Retirement for Healthcare Solution include: Flexible, easy access to historical patient records. The solution features unique role-based access, where healthcare professionals can safely search and access patient records using the rich pre-built, customizable reports. Compliant access using built-in dynamic data masking. Award-winning, role-based dynamic data masking prevents unauthorized access to specific patient records or fields and anonymizes data used for analytics, such as population health management. Compliant archival storage; The high ratio of data compression reduces storage requirements and costs, with integrated retention management capabilities and comprehensive audit logging for Fairwarning reporting; the ability to confidently de-commission revenue management systems with open receivables via the integrated Accounts Receivable Burndown capabilities. The Informatica Application Retirement for Healthcare Solution comprises Informatica Data Archive Secure Edition, with integrated Dynamic Data Masking, and the Informatica Healthcare Retirement Accelerator, which includes a common healthcare data model, over 35 patient-centric reports, A/R Burndown module and Audit Logging for Fairwarning.