Informatica Expands Partnership With Google Cloud, Launches Extension For Trusted Customer Data Analytics And Enterprise Gen AI Applications
Portfolio Pulse from Benzinga Newsdesk
Informatica (NYSE:INFA) has expanded its partnership with Google Cloud, launching the Master Data Management (MDM) Extension for Google Cloud BigQuery at the Google Cloud Next event in Las Vegas. This new solution aims to simplify and accelerate the process of integrating trusted MDM data for analytics and generative AI applications across various industries. The MDM Extension for BigQuery, which is freely available to joint Informatica Cloud MDM and Google Cloud customers, enables rapid development and deployment of customer data platforms and generative AI applications on Google Cloud. Informatica also showcased a new solution integrating its Intelligent Data Management Cloud (IDMC) with Google Vertex AI, BigQuery, and Gemini models for developing enterprise-grade GenAI applications.
April 10, 2024 | 1:01 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Google Cloud's partnership with Informatica has been expanded, including the launch of the MDM Extension for BigQuery, which is expected to enhance Google Cloud's data analytics and AI application development capabilities.
Google Cloud's expanded partnership with Informatica and the introduction of the MDM Extension for BigQuery are poised to strengthen its offerings in data analytics and AI application development. This collaboration is likely to attract more customers to Google Cloud, enhancing its competitive edge and potentially leading to revenue growth in the short term.
CONFIDENCE 85
IMPORTANCE 85
RELEVANCE 80
POSITIVE IMPACT
Informatica announced an expanded partnership with Google Cloud and launched the MDM Extension for BigQuery, aiming to enhance data management and analytics capabilities.
The launch of the MDM Extension for BigQuery and the expanded partnership with Google Cloud are significant developments for Informatica. These moves are likely to enhance Informatica's product offerings and market position, potentially leading to increased customer base and revenue growth in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100