from DSSResources.com

Informatica leads data warehouse integration market for fourth-consecutive year, says leading analyst firm

Company's Focus on Core Data Integration Business Drives Strong Growth

REDWOOD CITY, Calif., July 23, 2004 -- Informatica Corporation (Nasdaq: INFA), a leading provider of data integration software, today announced that it has been named the worldwide revenue market leader in data warehouse integration software for the fourth year in a row by IDC, a leading provider of global IT research and advice. A new report, entitled "Worldwide Data Warehousing Tools Forecast 2004 - 2008 and 2003 Vendor Shares," identifies Informatica as the market leader with a 17.4 percent share, highlighting the company's strong revenue increase of 11.8 percent in 2003 and successful strategy of "re-focusing on its core data integration and replication business."

"Data warehousing serves a pivotal role in supporting both strategic and operational decision-making processes," said Dan Vesset, research director of IDC's Analytics and Data Warehousing program. "Users are now looking for access to data from more sources, new types and combinations of information, and ensured data quality -- all of which spell increased opportunities for warehouse generation software vendors."

IDC defines warehouse generation tools as "software used in the design, cleansing, transformation, loading, and administration of the data warehouse." In 2003, the data warehousing tools market experienced 11 percent growth, more than three times the growth rate of the previous year. Forecasting a five percent compound annual growth rate through 2008, the new IDC report projects that the market for such tools -- including data movement and integration software -- will exceed one billion dollars in 2005.

"As the IDC report asserts, users will increasingly demand solutions that combine batch and real-time data integration, integrated data quality tools, and scalability to support more complex querying and growing user populations -- areas in which Informatica already excels," said Paul Albright, executive vice president and chief marketing officer at Informatica. "Combined with our product vision for delivering a Universal Data Services architecture and our marquee customer base, Informatica is well positioned for continued success and market leadership in the expanding data integration and data warehousing markets."

The IDC report further validates Informatica's leadership position. Computer Business Review (CBR) earlier this month selected Informatica as one of the ten most-influential companies in the data integration market for the second year in a row.

About Informatica

Informatica Corporation is a leading provider of data integration software. Using Informatica products, companies can access, integrate, visualize, and audit their enterprise information assets to help improve business performance, increase customer profitability, streamline supply chain operations and proactively manage regulatory compliance. More than 2,000 companies worldwide rely on Informatica for their end-to-end enterprise data integration needs. For more information, call 650-385-5000 (1-800-970-1179 in the U.S.), or visit http://www.informatica.com.

This press release contains forward-looking statements that have been made pursuant to the provisions of the Private Securities Litigation Reform Act of 1995, particularly statements referencing the Company's potential for continued success and market leadership in the data integration and data warehousing markets and the potential for expansion of the data integration and data warehousing markets. These statements are not guarantees of future developments and are subject to certain risks, uncertainties and assumptions that are difficult to predict; therefore, actual results and outcomes may differ materially from what is expressed in any such forward-looking statements. Such risks and uncertainties include the acceptance of the Company's products and product vision in the data integration and data warehousing markets, changes in the rate of growth in the data integration and data warehousing markets, possible delays in the development, availability and shipment of new products and enhancements to existing products, and risks associated with changes in general economic conditions. Further risks are detailed from time to time in Informatica's SEC reports, including its Form 10-K Report and Form 10-Q filings. Informatica assumes no duty to update any of the forward-looking statements in this release.

NOTE: Informatica is a registered trademark 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.

SOURCE Informatica Corporation

Web Site: http://www.informatica.com



DSS Home |  About Us |  Contact Us |  Site Index |  Subscribe | What's New
Please Tell 
Your Friends about DSSResources.COM Copyright © 1995-2021 by D. J. Power (see his home page). DSSResources.COMsm was maintained by Daniel J. Power. See disclaimer and privacy statement.