NEW YORK and REDWOOD CITY, Calif., April 29, 2014 (GLOBE NEWSWIRE) -- Who/What:
Informatica Corporation (Nasdaq:INFA), the world's number one independent provider of data integration software, will celebrate the 15th anniversary of its initial public offering - and more than two decades of innovation in unleashing data potential by visiting the NASDAQ MarketSite in Times Square and ringing the opening bell. Informatica delivers market-leading data integration, data quality, hybrid and big data solutions to more than 5,000 organizations globally.
Informatica chairman and chief executive officer, Sohaib Abbasi and chief financial and administrative officer, Earl Fry will perform the bell ringing honors.
Informatica reported record first quarter revenues of $243.1 million on April 24, 2014.
In an April 18, 2014 report, Gartner lists "Data Integration Tools and Data Quality Tools" in a chart titled, "Enterprise Infrastructure Software Forecast by Segment (1Q14 Update), Total Software Revenue, Worldwide, 2013 and 2018." This segment has the highest five-year CAGR among the ten listed in the report. Informatica sits squarely within this segment. Gartner also states that, "The move toward the digital enterprise is fostering attention on data, with expected positive long-term impacts on data integration tools, data quality tools and DBMSs, which, by year-end 2014, will overtake OSs as the biggest segment." Additionally Gartner noted that "Strong growth of more than 10% in markets such as data integration tools and data quality tools balances out very slow growth of OSs, as each of these markets experiences deep secular change." i
Following the NASDAQ Opening Bell Ceremony, Informatica will be hosting an event with Per Scholas, a local organization whose mission is to break the cycle of poverty by providing technology, education, training and job placement services for people in underserved communities. Informatica employees will be providing career coaching to students of Per Scholas in New York City on April 29, 2014.
Where:
NASDAQ MarketSite, 4 Times Square, 43rd and Broadway, Broadcast Studio
When:
Tuesday, April 29, 2014
9:15 a.m. to 9:30 a.m. ET
Live Streaming:
https://new.livestream.com/nasdaq/live or http://www.nasdaq.com/about/marketsitetowervideo.asx
Video/Photos/Graphics:
- Informatica - Unleashing Information Potential
- Informatica's 20 years of innovation timeline
- Register for data event of the year - Informatica World 2014
Tweet this: News @InformaticaCorp to ring @Nasdaq opening bell April 29 #INFA15Nasdaq http://bit.ly/1jPhGoH
About Informatica
Informatica Corporation (Nasdaq:INFA) is the world's number one independent provider of data integration software. Organizations around the world rely on Informatica to realize their information potential and drive top business imperatives. Informatica Vibe, the industry's first and only embeddable virtual data machine (VDM), powers the unique "Map Once. Deploy Anywhere." capabilities of the Informatica Platform. Worldwide, over 5,000 enterprises depend on Informatica to fully leverage their information assets from devices to mobile to social to big data residing on-premise, in the Cloud and across social networks. For more information, call +1 650-385-5000 (1-800-653-3871 in the U.S.), or visit www.informatica.com. Connect with Informatica at http://www.facebook.com/InformaticaCorporation, http://www.linkedin.com/company/informatica and http://twitter.com/InformaticaCorp.
i "Forecast Analysis: Enterprise Infrastructure Software, Worldwide, 1Q14 Update," Gartner, 18 April 2014.
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Note: Informatica, the Informatica Platform andInformatica Vibe are trademarks or registered trademarks 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.