Informatica Marks 20 Years of Excellence with iLabs in India, Enabling Transformative Innovation in AI-Powered Data Management Solutions
September 24 2024 - 7:00AM
Business Wire
CLAIRE ® GPT will be generally available for
APAC Customers starting October 2024
Largest R&D hub based in Bangalore drives
Informatica’s innovation and strengthens the company’s leadership
in GenAI and data management platform globally
Informatica (NYSE: INFA), a leader in enterprise AI-powered
cloud data management, announces the 20th anniversary of its
flagship research and development center located in Bangalore,
India. In 2003, the company launched Innovation Labs (iLabs),
reflecting the company’s commitment to advancements in data
management. iLabs is the company’s largest R&D center globally,
with nearly half of the company’s more than 5000 employees located
across Bangalore, Hyderabad and Chennai. Today, iLabs includes a
range of business units spanning product development, customer
success, HR, sales, finance and operations.
iLabs has been instrumental in developing key products and
solutions for the enterprise data management market, including the
Enterprise Data Catalog (EDC), the predecessor of the current
Informatica Cloud Data Governance and Catalog (CDGC). The R&D
center is home to Informatica's CLAIRE®AI engine. CLAIRE AI copilot
capabilities are revolutionizing data management, automating many
data management tasks while reducing complexity and improving data
delivery speed. CLAIRE GPT, launched in May 2024, is changing how
enterprises manage data with a natural language interface aligned
with the capabilities of Informatica's Intelligent Data Management
Cloud (IDMC) platform. With over $1 Billion dedicated to R&D,
iLabs has been the cornerstone of Informatica's global research and
development efforts for the past two decades, driving
groundbreaking transformations in data management and catapulting
the company to a cloud and AI-powered data management leader. The
company has consistently earned recognition as an industry leader
by analyst firms including Gartner, Forrester and IDC amongst
others.
“India's digital transformation journey is acknowledged globally
as one of the fastest growing in the world. Given the country’s
large population base, ensuring digital access and digital
inclusion to create an inclusive society was imperative,” said
Amit Walia, CEO at Informatica. “We’re proud of the role
iLabs is playing in India's digital journey, empowering enterprises
to harness the potential of data and AI. iLabs is not just a
development center, it’s an innovation hub where ideas are
transformed into solutions that solve real-world data management
challenges for global enterprises.”
This investment in iLabs contributes significantly to India’s
growing economy, making Informatica a key player in the country’s
technology landscape. Informatica works with over 80 enterprise
companies in India such as StarHealth, Indian Oil, National Skill
Development Corporation and Dr. Reddy’s Laboratories Ltd among
others to drive their digital transformation.
Informatica has a strong community of GSI partners in India and
offers free training for partners. To date, tens of thousands of
certifications have been issued to GSI partners. The investment in
skills is playing a significant role in Informatica’s growth and
driving successful business outcomes for our joint customers. The
large pool of Informatica-skilled talent in India is truly a global
resource as our GSI partners serve customers across the globe from
India.
The company's commitment to talent development is also visible
in initiatives such as the National Apprenticeship Program and
campus hiring. iLabs is collaborating with over a hundred local
post-secondary institutions, including female-only colleges, to
welcome hundreds of interns and involve tens of thousands in coding
challenges.
“Celebrating 20 years of iLabs is a testament to the incredible
talent and dedication of our team in India. Our R&D center is
one of the backbones of Informatica’s success, driving
breakthroughs in data management and AI,” said Krishna
Narasimhan, Managing Director, Informatica India. “We are proud
of the role iLabs is playing in our global strategy and remain
committed to harnessing India’s exceptional talent to fuel our
future AI-powered advancements.”
From our clients and partners:
Shreshtha Gupta, CTO of NSDC and NSDC International,
said, "As we aim to make India’s youth more employable and
contribute to the growth of the upskilling ecosystem, our
collaboration with Informatica has enhanced our data integration
and quality. This partnership has enabled us to create a unified
data platform, providing access to quality data and better
reporting, helping us deliver effective skill development programs
nationwide."
Anish Agarwal, Global Head of Data and Analytics at Dr.
Reddy’s, said, “The pharmaceutical industry is undergoing a
massive shift, largely driven by the evolving regulatory
environment, patient support requirements and advances in digital
therapeutic, condition management opportunities. The key to
unlocking the full potential of AI-powered, secure data lies in
strategic data management and innovative applications. Through
Informatica’s Intelligent Data Management Cloud platform, we are
able to automate data governance and quality solutions across our
data integration and engineering pipelines, expediting project
delivery and deployment of AI use cases.”
Rajnikant Gupta, Global Head, Partner Ecosystems &
Alliances, Tata Consultancy Services, said, “For over two
decades, our partnership with Informatica has been driven by a core
principle: putting the customer first and creating value for all
involved. By integrating Informatica’s leading product offerings
with TCS’s contextual knowledge and strong technical capabilities,
we have unlocked new potential and developed seamless solutions
that address complex challenges, delivers outstanding value, and
consistently exceeds customer expectations.”
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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240924174733/en/
Media Contact: Informatica Public Relations
pr@informatica.com
Informatica (NYSE:INFA)
Historical Stock Chart
From Oct 2024 to Nov 2024
Informatica (NYSE:INFA)
Historical Stock Chart
From Nov 2023 to Nov 2024