UPDATED 21:31 EDT / MAY 25 2016

NEWS

The key to understanding data | #infa16

Every enterprise business worth the mention collects data. Few understand the data they hold. The simple truth is that data is only as valuable as the uses it is put to, and without understanding, a company cannot make full use of its Big Data assets. Informatica Corp. acts to help companies discover the true value of its data.

To gain a top-level view of how Informatica understands data, John Furrier (@furrier) and Peter Burris (@plburris), cohosts of theCUBE, from the SiliconANGLE Media team, visited San Francisco for the Informatica World 2016 conference. During the event, they spoke to Anil Chakravarthy, CEO of Informatica.

Riding the data revolution

“There was a revolution in the market to focus on data as an independent platform,” Chakravarthy said. He described how there were essential questions everyone had about their data that were hard to answer. Informatica has done well for itself in helping companies find those answers.

“The core technology is our IP,” Chakravarthy explained, “but the tech itself can run where the data lives.” The real advancement, he continued, is being able to run it in the many different Cloud environments that businesses use.

Data gives boards options for digital strategies

Chakravarthy explained that corporate boards have been thinking about data and considering what they need to do to be part of the digital economy. Boards are also looking at the startups of the world and how they can avoid getting disrupted. Given these concerns, data is a board-level issue, he said.

“Data is an essential part of making your digital strategy work,” Chakravarthy said. He then pointed out how the quality of data is changing as businesses adopt real-time data streaming. What does a company need for a given business process? With real-time data, that often means a range, not perfection. If data falls outside the range, that’s when someone needs to know. “There are phenomenal applications for real-time data,” he said.

Watch the full video interview below, and be sure to check out more of SiliconANGLE and theCUBE’s coverage of Informatica World 2016.

Photo by SiliconANGLE

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