Genesis Energy Improves Data Governance by Unlocking Business Value with Informatica’s AI-Powered Intelligent Data Management Cloud Platform
Informatica (NYSE: INFA) has been selected by Genesis Energy, a leading New Zealand utility company, to enhance its data-driven business practices. Genesis Energy, with nearly 500,000 customers, aims to leverage quality data for internal efficiencies and customer support in energy transition. The company is implementing Informatica's Cloud Data Governance and Catalog, powered by the AI-driven Intelligent Data Management Cloud™ (IDMC) platform.
This implementation will help Genesis Energy consolidate and streamline data from its complex ecosystem, improve data availability between business units, and establish a modern, centralized data governance framework. The solution will enable Genesis Energy to connect and validate data across systems while protecting sensitive information, ultimately improving trust in data for decision-making and driving better business outcomes.
Informatica (NYSE: INFA) è stato selezionato da Genesis Energy, un'importante società di servizi pubblici della Nuova Zelanda, per migliorare le sue pratiche aziendali basate sui dati. Genesis Energy, con quasi 500.000 clienti, punta a sfruttare dati di qualità per aumentare l'efficienza interna e il supporto ai clienti nella transizione energetica. L'azienda sta implementando il Cloud Data Governance and Catalog di Informatica, alimentato dalla piattaforma AI-driven Intelligent Data Management Cloud™ (IDMC).
Questa implementazione aiuterà Genesis Energy a consolidare e semplificare i dati provenienti dal suo ecosistema complesso, migliorare la disponibilità dei dati tra le unità aziendali e stabilire un moderno framework di governance dei dati centralizzato. La soluzione permetterà a Genesis Energy di collegare e convalidare i dati attraverso i sistemi, proteggendo nel contempo le informazioni sensibili, migliorando infine la fiducia nei dati per il processo decisionale e promuovendo risultati aziendali migliori.
Informatica (NYSE: INFA) ha sido seleccionada por Genesis Energy, una destacada empresa de servicios públicos de Nueva Zelanda, para mejorar sus prácticas comerciales basadas en datos. Genesis Energy, con casi 500,000 clientes, busca aprovechar datos de calidad para mejorar la eficiencia interna y el soporte al cliente en la transición energética. La empresa está implementando el Cloud Data Governance and Catalog de Informatica, impulsado por la plataforma AI-driven Intelligent Data Management Cloud™ (IDMC).
Esta implementación ayudará a Genesis Energy a consolidar y simplificar los datos de su complejo ecosistema, mejorar la disponibilidad de datos entre las unidades de negocio y establecer un marco moderno y centralizado para la gobernanza de datos. La solución permitirá a Genesis Energy conectar y validar datos a través de los sistemas mientras protege la información sensible, mejorando en última instancia la confianza en los datos para la toma de decisiones y promoviendo mejores resultados comerciales.
인포르마티카(NYSE: INFA)는 뉴질랜드의 주요 유틸리티 회사인 제네시스 에너지에 의해 데이터 기반 비즈니스 관행을 개선하기 위해 선택되었습니다. 제네시스 에너지는 거의 500,000명의 고객을 보유하고 있으며, 에너지 전환에서 내부 효율성과 고객 지원을 위해 양질의 데이터를 활용하는 것을 목표로 하고 있습니다. 이 회사는 AI 기반 지능형 데이터 관리 클라우드™ (IDMC) 플랫폼에 의해 구동되는 인포르마티카의 클라우드 데이터 거버넌스 및 카탈로그를 구현하고 있습니다.
이번 구현을 통해 제네시스 에너지는 복잡한 생태계의 데이터를 통합하고 간소화하며, 비즈니스 유닛 간 데이터 가용성을 개선하고 현대적이고 중앙 집중화된 데이터 거버넌스 프레임워크를 구축할 수 있습니다. 이 솔루션은 제네시스 에너지가 시스템 간 데이터 연결 및 검증을 수행하면서 민감한 정보를 보호할 수 있도록 하여 궁극적으로 의사 결정 시 데이터에 대한 신뢰를 높이고 더 나은 비즈니스 결과를 도출하는 데 기여할 것입니다.
Informatica (NYSE: INFA) a été sélectionné par Genesis Energy, une entreprise de services publics leader en Nouvelle-Zélande, pour améliorer ses pratiques commerciales basées sur les données. Genesis Energy, avec près de 500 000 clients, vise à tirer parti de données de qualité pour améliorer l'efficacité interne et le support client dans la transition énergétique. L'entreprise met en œuvre le Cloud Data Governance and Catalog d'Informatica, propulsé par la plateforme AI-driven Intelligent Data Management Cloud™ (IDMC).
Cette mise en œuvre aidera Genesis Energy à consolider et simplifier les données issues de son écosystème complexe, à améliorer la disponibilité des données entre les unités opérationnelles et à établir un cadre de gouvernance des données moderne et centralisé. La solution permettra à Genesis Energy de connecter et de valider des données à travers les systèmes tout en protégeant les informations sensibles, ce qui améliorera finalement la confiance dans les données pour la prise de décision et favorisera de meilleurs résultats commerciaux.
Informatica (NYSE: INFA) wurde von Genesis Energy, einem führenden Versorgungsunternehmen in Neuseeland, ausgewählt, um seine datengestützten Geschäftspraktiken zu verbessern. Genesis Energy, mit nahezu 500.000 Kunden, strebt an, qualitativ hochwertige Daten für interne Effizienz und Kundenunterstützung im Energiemarkt zu nutzen. Das Unternehmen implementiert Informatica's Cloud Data Governance and Catalog, unterstützt durch die von KI gesteuerte Intelligent Data Management Cloud™ (IDMC) Plattform.
Diese Implementierung wird Genesis Energy dabei helfen, Daten aus seinem komplexen Ökosystem zu konsolidieren und zu optimieren, die Datenverfügbarkeit zwischen den Geschäftseinheiten zu verbessern und ein modernes, zentrales Datenverwaltungsrahmenwerk zu etablieren. Die Lösung wird es Genesis Energy ermöglichen, Daten über Systeme hinweg zu verbinden und zu validieren, während sie gleichzeitig sensible Informationen schützt, was letztendlich das Vertrauen in Daten für Entscheidungsfindungen verbessert und bessere Geschäftsergebnisse vorantreibt.
- Informatica selected by Genesis Energy, a major New Zealand utility company
- Implementation of Informatica's AI-powered IDMC platform for data governance
- Potential for improved internal efficiencies and customer support
- Enhanced data consolidation and streamlining across complex systems
- Improved data availability and flow between business units
- None.
Insights
Genesis Energy's adoption of Informatica's AI-powered Intelligent Data Management Cloud (IDMC) platform marks a significant step towards enhanced data governance and business efficiency. By consolidating data from various sources, including data warehouses and lakes, Genesis is positioning itself to leverage advanced data and AI solutions more effectively.
The implementation of Cloud Data Governance and Catalog will likely result in:
- Improved data quality and reliability across business units
- Enhanced decision-making capabilities through trusted data insights
- Increased operational efficiency and potential cost savings
- Better protection of sensitive information, important in the utility sector
For Informatica, this partnership with a major utility provider strengthens its position in the enterprise AI-powered cloud data management market. It demonstrates the practical application of their IDMC platform in a complex, data-intensive industry, potentially attracting similar clients in the utility sector.
While the immediate financial impact may be , the long-term implications for Informatica's growth in the Asia-Pacific region and the utility sector are positive. Investors should monitor for future announcements of similar partnerships or expansions in this vertical.
Genesis Energy's investment in advanced data management technology reflects a broader trend in the utility sector towards digital transformation and data-driven operations. This move is particularly significant given the company's diverse portfolio and large customer base.
Key implications for the utility industry include:
- Improved customer service and personalization through better data utilization
- Enhanced ability to manage complex energy portfolios, important for utilities transitioning to renewable sources
- Potential for more efficient operations and cost reductions, which could lead to competitive advantages
- Better preparedness for future regulatory requirements around data management and customer privacy
For Genesis Energy, this investment could translate into improved customer retention, more effective energy transition strategies and potentially higher profit margins through operational efficiencies. The focus on data quality and governance also positions the company well for future AI and machine learning initiatives in areas like predictive maintenance and demand forecasting.
This partnership underscores the growing importance of data management in the utility sector, potentially setting a new standard for competitors to follow.
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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241001613118/en/
Media Contact:
Informatica Public Relations
pr@informatica.com
Source: Informatica
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