Priya Padmanabhan
BANGALORE: Data integration solutions provider
Informatica is planning to offer its software based on an on-demand/
Software-as-a-service (SaaS) basis model later this year.
The company currently follows a licensing model.
The Redwood City, US-based company started its Indian sales and marketing
operations a few months ago and is betting big on demand in sectors such as IT
services, telecom companies, business conglomerates and banks.
Ramendra Mandal, country manager, Informatica India, said that the company is
planning to capture 20-30 per cent market share by the end of the year.
The company hopes to grow by riding on the demand for integrating the enormous
amounts of data generated in enterprises. Added to this, are drivers such as
data governance, regulatory mandates like Sarbanes-Oxley and risk management
requirements as per Basel II.
The company, which recorded global revenues of close to $300 million in 2005, is
gunning for the $1 billion mark by 2010.
Enterprises are realizing the need to have a single unified view of all the data
about customers, suppliers and operations in one place, in order to make better
decisions about their business for competitive advantage. Informatica's also
provides business intelligence through its tie-ups with BI vendors like SAS,
Business Objects and Cognos.
Mandal said that data integration is slowly emerging as a new specialized
segment in enterprise software. Informatica has tie-ups with vendors like
salesforce.com and enterprise applications major SAP.
IDC valued the data integration space at $11 billion last year. Informatica
faces competition from the likes of IBM, Oracle and business intelligence
vendors such as Cognos, whose applications also include a data integration or BI
component.
In India, the company has over 20 partners including the likes of TCS, Wipro,
Satyam and Infosys. On the company's SaaS plans, Mandal said, “We found that
some of our customers wanted flexibility. We plan to launch it world wide and
also in India in the next two or three quarters.” He added that the company is
still trying to tweak and set the right business model to deliver this plan.
© CyberMedia News
Informatica to offer on-demand data integration
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