A recent McKinsey survey on the state of AI in 2020 had some interesting insights. First, it confirms what we have been seeing over the last couple of years: specifically, how organizations are increasing their use of AI to both increase revenues and lower costs. In fact, the data from the study goes even further: it also points to clear evidence of a positive impact on value at the enterprise level. An impressive 22% of respondents reported at least 5% of their organizations’ EBIT was attributable to AI. It also confirms that the global pandemic accelerated the trend towards becoming more da ..read more

Those of you who are in the chief data officer (CDO) chair know that expectations for the CDO role are changing. The one common theme is that CDOs are experiencing a job that varies by the day. It began with compliance and minimizing the risk associated with data. Now CDOs are being asked to measure and increase the value of data. To do this they need to democratize data, making it more trusted, relevant, and accessible – but not make it a wild west. For Informatica, our CDO Executive Advisory Board (EAB)  is an opportunity for us to learn from CDOs and provide a forum for them to share ..read more

Data-driven decisions and insights: This is what businesses have aspired to for 10 years or more. It’s hard to read an annual report that doesn’t mention it. Entire professions have grown up around it— the Chief Data Office being a prime example. So why do we feel like we are falling behind in that journey? According to a recent Harvard Business Review article, fewer individuals—a mere 24 percent to be exact—would rate their organizations as being data-driven. That’s down from 38 percent before the pandemic started. With more and more organizations transforming to digital processes, why is i ..read more

What is the biggest new challenge in your job? For IT, marketing, sales and other areas of the organization, the answer is rapidly becoming customer service and experience. Match that with the fact that customer expectations are getting more and more difficult to meet, and you have a lot of overwhelmed people trying to become more customer-centric. Data verification is the process of checking various categories of data for completeness, consistency, and accuracy against a trusted source. In this blog post, I am just considering contact data verification, which is all about the customer. With ..read more

Accelerate your data engineering pipeline development on Databricks and govern your Delta Lake with Informatica’s Intelligent Data Management Cloud. Informatica recently announced advanced ingestion and integration capabilities for Databricks Delta with its summer 2021 release. The new capabilities help data analysts and data scientists move large amounts of data into Databricks Delta Lake for AI, machine learning, and data science projects. What is Delta Lake? Delta Lake is an open format storage layer that delivers reliability, security, and performance on your data lake — for both streamin ..read more

Snowflake recently announced the availability of Snowpark and Java functions in preview for all customers on AWS. These two new features are a bridge into the data engineering world and data programmability. They open up Snowflake Data Cloud to additional personas such as data scientists and Java developers. And they invite engineers to use the language of their choice (e.g., Scala, Java) to interact with Snowflake and leverage the power of Snowflake Data Cloud. With Java UDF, you can bring your own custom code and business logic to Snowflake and execute it in Snowflake, close to the data, wh ..read more

Data is more strategic than ever before, and data leaders are also increasingly critical to the success of their organizations. Those leaders are now taking on broader and more business-oriented roles, [1] expanding from acting as governance gurus to assuming the mantle of digital innovator, operational optimizer, or analytics champion. With this transformation in mind, I’m pleased to announce that Informatica has formed a Chief Data Officer (CDO) Executive Advisory Board (EAB), created to bring together a diverse community of CDOs and data strategy executives from industry-leading companies ..read more

Achieve Data Intelligence with Trusted Data and AI At the Informatica World virtual event in April, we unveiled our Informatica Intelligent Data Management Cloud (IDMC), the industry’s only intelligent data management cloud. The IDMC is an industry-first, cloud-native, most comprehensive, AI-powered with the CLAIRE engine, end-to-end data management platform delivering intelligent cloud services. Our goal with IDMC is to drive digital transformation in enterprises by putting data at the core of their business initiatives and decisions. Today, we are excited to announce Intelligent D ..read more

Picture 1: Commerce anywhere at any time Digital commerce where anyone can find, research, and buy online using their device of preference is now the primary way of doing business. While business-to-business (B2B) companies had typically lagged behind business-to-consumer (B2C) companies, the COVID-19 pandemic was a wake-up call that dramatically accelerated the adoption of digital channels. And consumer brands that traditionally sold through retailers, online marketplaces, and distributors launched new direct-to-consumer programs during the pandemic. While consumers will resume visiting &nbs ..read more

If you’ve been following my posts for the past nineteen months, you know that I’ve been focused on telling our customers’ stories as part of the Data Empowerment Experts series. Every month has offered another great opportunity to learn from our customers as they tell us more about their journey. From the very beginning, the series has focused on data governance leaders who are empowering their organizations with trusted data—and there are only a few data leaders that I’ve gotten the chance to work with more frequently than Barry Green. If you haven’t had the chance yourself to check out one ..read more