Informatica And Oracle Strengthen Strategic Collaboration, Announce Launch Of North American Point Of Delivery And Enhanced Data Governance Integrations For Thousands Of Joint Customers
Portfolio Pulse from Benzinga Newsdesk
Informatica (NYSE:INFA) and Oracle have strengthened their strategic partnership with the creation of an Oracle Cloud Infrastructure (OCI) point of delivery to thousands of joint customers across North America. The partnership includes new integrations and capabilities for Informatica's Intelligent Data Management Cloud (IDMC) across Oracle's Modern Data Platform. The collaboration aims to deliver clean, secure, trusted data to empower greater AI/ML utilization and accelerate modernization journeys.
September 19, 2023 | 1:03 pm
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POSITIVE IMPACT
Informatica's partnership with Oracle, including new integrations and capabilities for its IDMC, could potentially increase its customer base and revenue.
The enhanced partnership with Oracle and the new integrations for Informatica's IDMC could attract more customers, leading to increased revenue. This is likely to have a positive impact on Informatica's stock.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Oracle's strengthened partnership with Informatica and the creation of an OCI point of delivery could potentially increase its customer base and revenue.
The strengthened partnership with Informatica and the creation of an OCI point of delivery could attract more customers, leading to increased revenue. This is likely to have a positive impact on Oracle's stock.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100