Informatica Aims toward $800 Million in 2011
October 28, 2010
Informatica, a data integration software provider, reported a 40 percent jump in license revenue in its third quarter, that ended on September 30, 2010. Sohaib Abbasi, the CEO and Chairman of the firm said, “Our third quarter record results are further evidence of our sustained growth opportunity.” He asserted that the rise in customer demand and the company’s product portfolio positioned the firm as a leader in the business of data integration. With data transformation becoming increasingly important, Informatica may well benefit. Our research indicates that some data transformation tasks are underbudgeted. When costs rise, data transformation expenses can be difficult to control. Informatica’s tools are mature which may give the company a competitive advantage. For more information about Informatica, navigate to the firm’s Web site at www.informatica.com.
Stephen E Arnold, October 27, 2010
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