Genesis Energy Improves Data Governance by Unlocking Business Value with Informatica’s AI-Powered Intelligent Data Management Cloud Platform
AUCKLAND, New Zealand--(BUSINESS WIRE)--Oct 1, 2024--
Informatica (NYSE: INFA), a leader in enterprise AI-powered cloud data management, today announced that it has been chosen by leading New Zealand utility company, Genesis Energy, to provide sustainable and secure data-driven business practices.
Genesis Energy has a diversified generation portfolio and nearly 500,000 customers for electricity, reticulated gas and LPG. The company aims to use quality data to drive internal efficiencies and to help customers on their energy transition journey. To prepare for more advanced data and AI solutions, Genesis Energy is looking to consolidate and streamline data from a complex and distributed ecosystem that included a data warehouse, data lake and various proprietary data solutions supporting its generation and retail operations. The utility provider is also seeking better availability and flow of data between business units.
To address these issues, Genesis Energy decided to implement Informatica’s Cloud Data Governance and Catalog, underpinned by Informatica’s AI-powered Intelligent Data Management Cloud ™ (IDMC). Leveraging the common metadata foundation within IDMC as a platform to support data management, Genesis Energy is able to achieve a modern, centralized, scalable and robust data governance framework.
Angela Zhao, Platform Owner of Genesis Energy’s Data Governance and Quality team, said, “Quality insights start with quality ingredients, which means quality data. With the robust governance structure we’ve put in place with Informatica, we can connect and validate data across our systems and applications while protecting sensitive information. This will improve trust in the data for decision making to drive greater business outcomes and organizational efficiency.”
Alex Newman, Country Manager for Informatica Australia and New Zealand, said, “By implementing a modern cloud-based, AI-powered data governance solution, Genesis Energy enables one source of trusted truth that transforms how data is managed and used. This ultimately improves their product and service for customers.”
About Informatica
Informatica (NYSE: INFA), a leader in enterprise AI-powered cloud data management, brings data and AI to life by empowering businesses to realize the transformative power of their most critical assets. We have created a new category of software, the Informatica Intelligent Data Management Cloud™ (IDMC). IDMC is an end-to-end data management platform, powered by CLAIRE AI, that connects, manages and unifies data across any multi-cloud or hybrid system, democratizing data and enabling enterprises to modernize and advance their business strategies. Customers in approximately 100 countries, including more than 80 of the Fortune 100, rely on Informatica to drive data-led digital transformation. Informatica. Where data and AI come to life.
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KEYWORD: CALIFORNIA AUSTRALIA/OCEANIA NEW ZEALAND UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: DATA MANAGEMENT TECHNOLOGY UTILITIES ENERGY SOFTWARE ARTIFICIAL INTELLIGENCE
SOURCE: Informatica
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