NEW YORK and REDWOOD CITY, Calif., April 29, 2014 (GLOBE NEWSWIRE) -- Informatica Corporation (Nasdaq:INFA), the world's number one independent provider of data integration software, today announced that the company has expanded its leadership position in the Cloud Integration market. Informatica achieved record subscription revenues of $14.5 million, up 49 percent year-over-year, in the first quarter of 2014. Today, Informatica has more than 2,000 subscription customers. During the past 15 years Informatica has experienced impressive revenue growth from $62.3 million in 1999 to $948.2 million in 2013, more than 1,400 percent growth.
Additional details about the Informatica NASDAQ Opening Bell Ceremony on Tuesday, April 29, 2014 can be found here.
At the NASDAQ bell ringing, Informatica also introduced an enterprise-class data connector for Amazon Redshift to provide a seamless on-ramp to the next-generation of applications in the Cloud.
Informatica pioneered the Cloud Integration computing category in 2006. Informatica chief executive officer, Sohaib Abbasi, and salesforce.com chief executive officer, Marc Benioff, shared the stage at Informatica World 2006 to highlight data integration's importance to the emerging Software-as-a-Service (SaaS) model. Now, eight years later, Informatica continues to be recognized globally as a leader in the growing Cloud computing market. Informatica has earned recognition from Gartner Inc. in addition to impressive accolades and leading marks from numerous industry analyst firms, such as Forrester Research and Bloor Research. Informatica Cloud was also named as #1 integration solution for Salesforce AppExchange for five years in a row. Details about Informatica Cloud Spring 2014, Informatica's latest quarterly Cloud release, can be found here.
Gartner Positions Informatica as a Leader in 2014 Enterprise Integration Platform-as-a-Service Magic Quadrant
On January 27, 2014, Gartner positioned Informatica as a leader in the Magic Quadrant for Enterprise Integration Platform as a Service (iPaaS) report, based on ability to execute and completeness of vision. Gartner analysts wrote that "the iPaaS market is poised to dramatically grow over the next five years due to several factors," and Gartner goes on to state, "We expect the iPaaS segment to grow faster than the PaaS market average, with a compound annual growth rate (CAGR) of almost 30% between 2012 and 2017." The complete report, including the quadrant graphic, is available at: www.informatica.com/us/ipaas-magic-quadrant.
Forrester Research, Inc. Positions Informatica as a Leader in Evaluation of Hybrid² Integration Platforms
Informatica was positioned as a Leader across all four hybrid integration scenarios evaluated in the Forrester Wave™: Hybrid² Integration, Q1 2014 report. In this Forrester report, Informatica was identified as a Leader with the highest score for current offerings in two of Forrester's Hybrid² Integration Waves - Wide Integration and Cloud Integration. Informatica was also positioned as a Leader in the Forrester Wave for Internet of Things (IoT) Integration. The Forrester Wave™: Hybrid² Integration notes that Informatica's cloud-based integration (CBI) service, Informatica Cloud, "has a very high market share of the everyday integration scenarios between salesforce.com and on-premises ERP systems. On the one hand, it is a simple-to-use, modern CBI-agent architecture; on the other, it has full bidirectional interoperability with metadata and data out of its enterprise tooling (PowerCenter) and on-premises data integration or B2B integration." The complete report, including The Forrester Wave graphics, is available at: http://www.informatica.com/us/hybrid2-integration-forrester-wave/.
Bloor Research Survey Finds Informatica Data Integration Products Receive High Marks for Suitability, Productivity and Total Cost of Ownership
In March 2014, Bloor Research delivered survey results concluding that companies using data integration tools ranked Informatica products highly in the following categories: measuring suitability for a variety of uses, productivity and reusability and total cost of ownership (TCO). Survey responses indicated that "Informatica is the most suitable product overall." Further, the report noted, "Informatica is deemed to have the broadest range of applicability, and is among the top three in all project categories." The complete Bloor Research survey report is available here.
"Informatica's Cloud leadership position, in leading analyst reports and with our customers, is a recognition of our strength in providing a comprehensive iPaaS solution to our global clients," said Ash Kulkarni, senior vice president and general manager, Data Integration, Informatica. "Informatica is securely processing billions of transactions every day, from a broad spectrum of information assets, including Software-as-a-Service applications, on-premise applications, legacy systems, and even data from mobile and social data sources. As enterprises increasingly adopt hybrid IT solutions, Informatica's iPaaS solution plays a critical role in helping our customers create unified business processes through real-time data, service or process integration - to unlock the full potential of all their data."
Informatica Leadership in other recent Gartner Magic Quadrant reports
- Gartner 2013 Magic Quadrant for Data Masking Technology (December 12, 2013)
- Gartner 2013 Magic Quadrant for Master Data Management of Product Data Solutions (November 19, 2013)
- Gartner 2013 Magic Quadrant for Master Data Management of Customer Data Solutions (October 21, 2013)
- Gartner 2013 Magic Quadrant for Data Quality Tools (October 9, 2013)
- Gartner 2013 Magic Quadrant for Data Integration Tools (July 17, 2013)
- Gartner 2014 Magic Quadrant for Enterprise Integration Platform-as-a-Service (iPaaS) (January 27, 2014)
About the Magic Quadrant
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Informatica Corporation (Nasdaq:INFA) is the world's number one independent provider of data integration software. Organizations around the world rely on Informatica to realize their information potential and drive top business imperatives. Informatica Vibe, the industry's first and only embeddable virtual data machine (VDM), powers the unique "Map Once. Deploy Anywhere." capabilities of the Informatica Platform. Worldwide, over 5,000 enterprises depend on Informatica to fully leverage their information assets from devices to mobile to social to big data residing on-premise, in the Cloud and across social networks. For more information, call +1 650-385-5000 (1-800-653-3871 in the U.S.), or visit www.informatica.com. Connect with Informatica at http://www.facebook.com/InformaticaCorporation, http://www.linkedin.com/company/informatica and http://twitter.com/InformaticaCorp.
Note: Informatica, Informatica PowerCenter, Informatica Cloud, Informatica Vibe and the Informatica Platform are trademarks or registered trademarks of Informatica Corporation in the United States and in jurisdictions throughout the world. All other company and product names may be trade names or trademarks of their respective owners.
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