Genesis Energy Improves Data Governance with Informatica’s AI-Powered Intelligent Data Management Cloud Platform

⇨ Genesis Energy partners with Informatica to implement AI-powered cloud data governance, enhancing data quality and flow across their operations.

⇨ Informatica's Intelligent Data Management Cloud™ (IDMC) facilitates a centralized and scalable framework for data management, promoting trust and efficiency in decision-making.

⇨ Enterprises should consider adopting cloud-based solutions and AI tools to streamline data management, reduce silos, and democratize access to data across the organization.

Informatica (NYSE: INFA), a provider of enterprise AI-powered cloud data management solutions, today announced that it has been chosen by leading New Zealand utility company, Genesis Energy, to provide sustainable and secure data-driven business practices.

Genesis Energy has a diversified generation portfolio and nearly 500,000 customers for electricity, reticulated gas and LPG. The company aims to use quality data to drive internal efficiencies and to help customers on their energy transition journey. To prepare for more advanced data and AI solutions, Genesis Energy is looking to consolidate and streamline data from a complex and distributed ecosystem that included a data warehouse, data lake and various proprietary data solutions supporting its generation and retail operations. The utility provider is also seeking better availability and flow of data between business units.

To address these issues, Genesis Energy decided to implement Informatica’s Cloud Data Governance and Catalog, underpinned by Informatica’s AI-powered Intelligent Data Management Cloud™ (IDMC). Leveraging the common metadata foundation within IDMC as a platform to support data management, Genesis Energy is able to achieve a modern, centralized, scalable and robust data governance framework.

Angela Zhao, Platform Owner of Genesis Energy’s Data Governance and Quality team, said, “Quality insights start with quality ingredients, which means quality data. With the robust governance structure we’ve put in place with Informatica, we can connect and validate data across our systems and applications while protecting sensitive information. This will improve trust in the data for decision making to drive greater business outcomes and organizational efficiency.”

Alex Newman, Country Manager for Informatica Australia and New Zealand, said, “By implementing a modern cloud-based, AI-powered data governance solution, Genesis Energy enables one source of trusted truth that transforms how data is managed and used. This ultimately improves their product and service for customers.”

Informatica (NYSE: INFA) brings data and AI to life by empowering businesses to realize the transformative power of their most critical assets. The Informatica Intelligent Data Management Cloud™ (IDMC) is an end-to-end data management platform, powered by CLAIRE® AI, that connects, manages and unifies data across any multi-cloud or hybrid system, democratizing data and enabling enterprises to modernize and advance their business strategies. Customers in approximately 100 countries, including more than 80 of the Fortune 100, rely on Informatica to drive data-led digital transformation.

What this means for SAPinsiders

For enterprises aiming to consolidate and streamline their data, the goal is to reduce data silos, ensure consistency, and improve access to reliable information across the organization. This enhances decision-making, boosts efficiency, and ensures compliance with regulatory standards. Recommendations for SAPinsiders include the following:

Choose Cloud-Based Solutions: Consider cloud-based platforms that offer scalable storage, analytics, and data management services. These solutions allow enterprises to consolidate data across regions and departments without the limitations of on-premise infrastructure.

Leverage AI-Powered Data Management: Implement AI and machine learning tools to automate data discovery, data quality monitoring, and anomaly detection. AI-powered data management solutions like Informatica can help automate more complex data management tasks.

Promote Data Democratization: Foster a culture of data democratization, where data is accessible to everyone in the organization. Ensure that employees have the necessary tools and permissions to access the data they need without cumbersome approval processes. Promote data literacy across the organization by providing training and resources that empower employees to understand, interpret, and leverage enterprise data in their roles.

Solution Vendors: Get in the 2025 Data Management Buyers Guide. The buyers guide will be published in November 2024 and will feature key vendors in data integration, master data validation, data storage and architecture, data governance, data analysis and reporting, data migration and replication, data security, and data privacy and compliance. Get in front of active buyers at SAP enterprises by completing the capability assessment here: https://www.research.net/r/DataBG25.