Informatica Adds Intelligent Data Management Cloud for Retail

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Informatica, the enterprise cloud data management platform, announced the Intelligent Data Management Cloud (IDMC) for Retail with new cloud-first, cloud-native capabilities.

It is built to help the retail industry drive innovation and business value by overcoming specific challenges related to data fragmentation, data complexity and lack of connected experiences in a multi-cloud, hybrid environment.

IDMC for Retail is a cloud-neutral data management cloud for the retail industry enabling digital-first experiences to their customers while driving omnichannel revenue growth by managing data across any system, any cloud, multi-cloud or hybrid.

IDMC for Retail enables highly personalised, digital-first customer experiences across all channels, at-scale so retailers can respond to dynamic, real-time customer needs by unifying customer data across multiple domains, systems and multiple clouds.

• Improves customer profiles with clean, consistent and complete information
• Increases self-service with search and exploration of customer relationships through both network and hierarchy views
• Helps efficiently acquire, manage and publish relevant and trusted product content to drive seamless customer experiences

• Boosts productivity and cuts costs by reducing business overhead and manual work for managing supplier information
• Shrinks supplier and product onboarding and qualification time from weeks to days
• Improves supplier collaboration, assess compliance and manages supplier risk to build a resilient and sustainable supply chain

Data privacy regulations directly impact the way multinational companies conduct their business. IDMC for Retail helps prevent exposure and reduces risk by providing effective data governance and privacy capabilities. By providing visibility into data usage and access, it reduces risk exposure to potential breaches and non-compliance with data privacy laws to help build trust and loyalty from customers.

IDMC for Retail:

• Rapidly finds and compiles personal data, which is held in countless disconnected systems throughout your enterprise
• Enables quick responses to subject requests and data breaches within the timelines required by GDPR, CCPA and other regulations
• Fosters IT and business collaboration, driving productivity and rapidly accelerated reporting processes

“The Informatica Intelligent Data Management Cloud for Retail is the only, end-to-end, cloud-neutral data management platform built to enable retail organisations to continuously innovate their customer experience, and create omnichannel shopping and supply chain efficiencies with seamless access to trusted data when and where they need it,” said Jitesh Ghai, Chief Product Officer, Informatica.

“The retail industry is on an accelerated path to digital transformation and Informatica is helping retail organisations stay competitive and drive business value by unlocking the value of unified data.”