Genesis Energy Improves Data Governance by Unlocking Business Value with Informatica’s AI-Powered Intelligent Data Management Cloud Platform
01 October 2024 - 11:00PM
Business Wire
Informatica (NYSE: INFA), a leader in enterprise AI-powered
cloud data management, 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.”
About Informatica
Informatica (NYSE: INFA), a leader in enterprise AI-powered
cloud data management, brings data and AI to life by empowering
businesses to realize the transformative power of their most
critical assets. We have created a new category of software, the
Informatica Intelligent Data Management Cloud™ (IDMC). 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. Informatica.
Where data and AI come to life.
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Media Contact: Informatica Public Relations
pr@informatica.com
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