PALO ALTO, Calif. — (BUSINESS WIRE) — September 8, 2009 — HP (NYSE: HPQ) and Informatica today announced a new portfolio of integrated business intelligence solutions that help customers accelerate business decisions by giving them access to more timely and accurate information.
These offerings combine Informatica’s data integration capabilities with the HP Neoview enterprise data warehouse platform as well as HP’s business intelligence strategic consulting and implementation services. HP plans to sell these offerings through its Business Intelligence Solutions sales teams.
“Customers view information as a strategic asset, and yet they still struggle to quickly access their data to accelerate decision making,” said Thomas E. Hogan, executive vice president, Software and Solutions, HP. “These new solutions will empower our clients to reduce their information-related costs and gain competitive advantage.”
The portfolio of integrated data management solutions include:
“CIOs and IT organizations continue to realize the importance of managing data and delivering it in a consistent and high-quality manner to business users,” said Mark Smith, chief executive officer and executive vice president, Ventana Research. “Informatica and HP working more closely together to deliver technology and services that help reduce time and costs in advancing information architectures is an important step for IT organizations to increase their value and efficiency in data management.”
“Together HP and Informatica have provided comprehensive data integration solutions to customers for more than 10 years,” said Sohaib Abbasi, chairman and chief executive officer, Informatica. “The new combined offerings will allow organizations to derive even more business value from all of their information assets while improving its quality and IT efficiency.”
More information on HP Business Intelligence Solutions is available at www.hp.com/go/bi.
Informatica Corporation (NASDAQ: INFA) is the world’s number one independent leader in data integration software. The Informatica Platform provides organizations with a comprehensive, unified, open and economical approach to lower IT costs and gain competitive advantage from their information assets. More than 3,700 enterprises worldwide rely on Informatica to access, integrate and trust their information assets held in the traditional enterprise and in the internet cloud. For more information, call +1 650-385-5000 (1-800-653-3871 in the U.S.), or visit www.informatica.com.
HP, the world’s largest technology company, simplifies the technology experience for consumers and businesses with a portfolio that spans printing, personal computing, software, services and IT infrastructure. More information about HP is available at http://www.hp.com.
Note to editors: More news from HP, including links to RSS feeds, is available at http://www.hp.com/hpinfo/newsroom/.
Informatica and Informatica Data Integration Platform 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.
This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements of the plans, strategies and objectives of management for future operations; any statements concerning expected development, performance or market share relating to products and services; any statements regarding anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include macroeconomic and geopolitical trends and events; the execution and performance of contracts by HP and its customers, suppliers and partners; the achievement of expected operational and financial results; and other risks that are described in HP’s Quarterly Report on Form 10-Q for the fiscal quarter ended April 30, 2009 and HP’s other filings with the Securities and Exchange Commission, including but not limited to HP’s Annual Report on Form 10-K for the fiscal year ended October 31, 2008. HP assumes no obligation and does not intend to update these forward-looking statements.
© 2009 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.