Tag Archives: Informatica World 2014
Mr. Kurzweil is one of the world’s leading inventors, thinkers, and futurists, with a thirty-year track record of accurate predictions. Called “the restless genius” by The Wall Street Journal and “the ultimate thinking machine” by Forbes magazine, Kurzweil was selected as one of the top entrepreneurs by Inc. magazine, which described him as the “rightful heir to Thomas Edison.”
In his keynote, Mr. Kurzweil explained how, by the early 21st century, intelligence will underlie everything of value. He spoke of a future in which accelerating technologies will forever blur the line between human and machine. He laid out a provocative thesis in which nanobots will travel through the blood stream and enter our brains non-invasively, enabling us to put our neocortexes on the cloud. We will thereby become a hybrid of biological and non-biological thinking.
Mr. Kurzweil shared a number of additional ideas, including the following:
- Technology is, and has always been, on an exponential progression. By contrast, our human intuition about the future is linear, not exponential.
- With computing, you can expect speeds to continually go up and costs to continually go down. In technology, quality and price move inversely over time. For example, today’s smart phones are twice as good and half the cost of 2012 phones
- You CAN accurately predict WHAT will get done, but not WHO will do it. But the one thing you can always count on is the human passion for progress.
- In the last 1,000 years, human progress has allowed us to quadruple life-expectancy.
- Although, 3D printing is currently in the Hype phase, by 2020 we will print clothing. However, just as email didn’t eliminate shipping, 3D printing won’t eliminate the fashion industry.
Overall, it was a stunning view into a not so distant future. For deeper insight into these perspectives, I encourage you to pick up a copy of his most recent book, How to Create a Mind: The Secret of Human Thought Revealed.
I know it’s far too soon to be thinking of Christmas, but May is the most wonderful time of the year. That’s because it’s Informatica World week and I get the chance to experience the same tingle of anticipation watching the keynotes as I do on Christmas morning just before the big reveal. “You definitely live a sheltered life!” I hear you cry, but it’s true. In years past, Informatica World has proven to be the zenith of events in our cloud calendar, and this year so far, has not disappointed.
We began on Monday, or “Cloud Day“, with two banner events. The morning kicked off with the convening of the “Informatica Cloud Product Advisory Council,” hosted by the cloud product team. This exclusive event consisted of a select group of customers who volunteered their time to speak at “Cloud Day.”
Monday afternoon’s session was open to all Informatica World attendees and proved to be a great networking opportunity as industry peers, cloud integration experts and practitioners all mingled. But it didn’t stop there. There were also keynotes delivered by the industry experts on topics such as cloud security and Analytics and Salesforce integration. If you missed cloud day, take a look at Ashwin Viswanth’s entertaining recap here.
The cloud momentum continued on Tuesday with some fabulous breakout sessions. In particular Conde Nast and Informatica held a session that discussed strategies in moving to a hybrid IT architecture. Informatica product management delivered a well-attended “Informatica Cloud 101” session. The day ended with Qualcomm and Inside Track hosting a lively discussion that explained how they use Informatica Cloud to manage data synchronization between Salesforce and other applications.
Wednesday was the day that kept on giving. It was packed full of sessions on the cloud path and highlighted the breadth of the solution. It started with a fantastic case study from the Weather Channel (yes THAT weather channel). They explained what “cloud first” means to them, and in particular how they built a cloud data warehouse with Informatica Cloud that runs on Amazon’s Redshift.
Next came a road map session from the Informatica Cloud Product Management team. This session gave a look at what’s next for the world’s leading cloud data management platform. It focused on the new web-based process designer that will enable integration developers to build real-time process integrations. Next, ConocoPhillips held a session called “Journey to the Internet of Things with PowerCenter and Informatica Cloud”. Conoco Phillips explained how they use PowerCenter and Informatica Cloud to aggregate data from sensor-bearing oil wells across Alaska and Calgary!
Wednesday’s packed Cloud agenda came to a close with a session from Schneider-Electric and Corvisa Cloud who talked about how they use Informatica Cloud Real Time to improve the operational efficiency of their Salesforce.com implementations by leveraging real-time data.
“Phew! That’s a lot of Cloud expertise in one day”, you say. And I would totally agree. That’s goes to show that I wasn’t lying when I said that I’m excited to hear about all things cloud this week. And I’ve only got to Wednesday. For those of you keeping track, there’s still ANOTHER conference day left.
Today, Thursday, plays host to the last two cloud sessions. If your business relies on embedding data into your own applications, then you might want to check out “How Embedded iPaaS Can Transform Your Business”. This session is delivered by RMS who are the vendors of a financial trading application. They will explain how they create seamless and secure connections between its cloud-based suite of financial applications and its clients’ on-premise data sources by embedding Informatica Cloud. They will also discuss in detail how they interface with Informatica Cloud’s REST API’s.
The RMS session should provide enough technical meat for anyone, but if not then you should make your way to the last Informatica session of Informatica World 2014 (let’s all give a collective sigh that they week is almost over. AAAAWWWWWWHHHHHH). The honor of presenting the last session goes to the Informatica Cloud product management team. It’s seems as if we’ve come full circle.
The final session is called “Developing Advanced Integrations in the Cloud” and will show how the new cloud designer helps you aggregate and merge multiple data sources, use Vibe Integration Packages, and connect cloud applications to on-premises applications like Oracle EBS and SAP. The Cloud PM team always does fantastic demos, so this session will be worth missing your flight.
Phew, what a week! Hopefully by now you’ve realized why I think May is the “Most Wonderful Time of the Year”. All sign along now… “It’s the most wonderful time of the year. The cloud team is going and everyone’s knowing it’s nearly here… In-form-atica-World. Is nearly here!”
Master data management (MDM) has come a long way in the past decade or so. When I was supporting my company’s customer master implementation back in 2001, my management was thrilled to simply have a customer master that brought a bit of order to the chaos sharing customer data between our CRM and ERP applications and downstream into our marketing data warehouse.
Fast forward to 2014 and mastering customer data alone is often table stakes for leadership trying to transform their business from a product- or account-centric to a customer-centric organizations.
Here at Informatica, we’ve seen over 75% of our MDM customers in the past year purchase for multidomain use cases – meaning the scope of their initiative often spans mastering data such as Customers, Suppliers and Products as part of a coordinated effort. These organizations have built compelling business cases to demonstrate that mastering multiple domains – and the relationships among those domains – is necessary. Only a true 360 degree view of relationships among any data can provide the necessary insights to deliver on the desired operational efficiencies, optimized customer experiences, and growth objectives for their companies.
The progress we’ve all made in multidomain MDM is impressive, but it’s just scratching the surface of what’s possible. What happens when MDM meets Cloud, Social, the Internet of Things and other master data enrichment sources such as D&B and Acxiom? Dennis Moore, Informatica’s GM and SVP for MDM, envisions that a new “Internet of Master Data” will be formed that can include a massive new set of sensor and social data which it leverages to infer and recommend a new class of relationship insights. For example, in addition to sentiment and relationships from social networks, location data from mobile devices and sensors can now inform customer – and product – behaviors that span beyond direct transactions and interactions within your traditional business applications.
Those of you who have invested in building a foundation of clean, consistent and connected data have a huge advantage as the value of MDM grows exponentially with the exponential growth of data. You are well-positioned to take advantage of the deeper insights and potential innovations now possible by adding Cloud, Social, and Machine data to optimizing analytics and operations.
This week at Informatica World 2014 in Las Vegas, we kicked off with our fantastic MDM Day pre-conference event with over 500 attendees. During the event, we shared some early insights into our MDM 10 release planned for later this year which integrates the Informatica Vibe engine and incorporates other elements of the just unveiled Informatica Intelligent Data Platform vision to make it easier for customers to gain a 360 degree view of their most critical business entities, including customers, suppliers, products and assets.
We continue to be inspired by our awesome MDM customers and partners, and we’re excited to see what they can do to harness the power of the Internet of Master Data!
Data security breaches continue to escalate. Privacy legislation and enforcement is tightening and analysts have begun making dire predictions in regards to cyber security’s effectiveness. But there is more – Trusted insiders continue to be the major threat. In addition, most executives cannot identify the information they are trying to protect.
Data security is a senior management concern, not exclusive to IT. With this in mind, what is the next step CxOs must take to counter these breaches?
A new approach to Data Security
It is clear that a new approach is needed. This should focus on answering fundamental, but difficult and precise questions in regards to your data:
- What data should I be concerned about?
- Can I create re-usable rules for identifying and locating sensitive data in my organization?
- Can I do so both logically and physically?
- What is the source of the sensitive data and where is it consumed?
- What are the sensitive data relationships and proliferation?
- How is it protected? How should it be protected?
- How can I integrate data protection with my existing cyber security infrastructure?
The answers to these questions will help guide precise data security measures in order to protect the most valuable data. The answers need to be presented in an intuitive fashion, leveraging simple, yet revealing graphics and visualizations of your sensitive data risks and vulnerabilities.
At Informatica World 2014, Informatica will unveil its vision to help organizations address these concerns. This vision will assist in the development of precise security measures designed to counter the growing sophistication and frequency of cyber-attacks, and the ever present danger of rogue insiders.
Stay tuned, more to come from Informatica World 2014.
I recently met with a longtime colleague from the Oracle E-Business Suite implementation eco-system, now VP of IT for a global technology provider. This individual has successfully implemented data archiving and data masking technologies to eliminate duplicate applications and control the costs of data growth – saving tens of millions of dollars. He has freed up resources that were re-deployed within new innovative projects such as Big Data – giving him the reputation as a thought leader. In addition, he has avoided exposing sensitive data in application development activities by securing it with data masking technology – thus securing his reputation.
When I asked him about those projects and the impact on his career, he responded, ‘Data archiving and data security are table stakes in the Oracle Applications IT game. However, if I want to be a part of anything important, it has to involve Cloud and Big Data.’ He further explained how the savings achieved from Informatica Data Archive enabled him to increase employee retention rates because he was able to fund an exciting Hadoop project that key resources wanted to work on. Not to mention, as he transitioned from physical infrastructure to a virtual server by retiring legacy applications – he had accomplished his first step on his ‘journey to the cloud’. This would not have been possible if his data required technology that was not supported in the cloud. If he hadn’t secured sensitive data and had experienced a breach, he would be looking for a new job in a new industry.
Not long after, I attended a CIO summit where the theme of the conference was ‘Breakthrough Innovation’. Of course, Cloud and Big Data were main stage topics – not just about the technology, but about how it was used to solve business challenges and provide services to the new generation of ‘entitled’ consumers. This is the description of those who expect to have everything at their fingertips. They want to be empowered to share or not share their information. They expect that if you are going to save their personal information, it will not be abused. Lastly, they may even expect to try a product or service for free before committing to buy.
In order to size up to these expectations, Application Owners, like my long-time colleague, need to incorporate Data Archive and Data Masking in their standard SDLC processes. Without Data Archive, IT budgets may be consumed by supporting old applications and mountains of data, thereby becoming inaccessible for new innovative projects. Without Data Masking, a public breach will drive many consumers elsewhere.
Sure, from May 12 – 14, you’ll be immersed in Information Architectures, Cloud Strategies, and Big Data at more than 100 in-depth sessions. You’ll network with data’s best and brightest, including Informatica visionaries and technical staff. And you’ll enjoy one-on-one time with us at the Hands-On Labs.
But on Thursday, it will be time to switch gears, think about data in entirely different ways, and have some fun, first with amazing keynotes:
- The Human Side of Data: Jer Thorp will show how cutting edge visualization techniques can be used to tell stories and make data more human.
- Data for Good: Drew Conway will push us to use and analyze data not just to increase efficiency and profits, but also to serve society and “do good.”
Then, enjoy a special performance from an indie rock sensation with an infectious and inventive style and sound.
It all happens at the Cosmopolitan Hotel, which Frommer’s Travel Guide calls “…audacious, bold, stunningly visual, and one of the most interesting hotels in Vegas or anywhere else for that matter.”
Book your room now when you register, so you won’t be hiking in from somewhere else. The cutoff date is April 23! Use the Scheduler to select your sessions, book Hands-On Lab time and build your calendar. Early registrants get the jump on the best schedule.
Register now and you can still choose a FREE Pre-Conference Day session on MDM, ILM, Cloud, or Informatica University.
This year, over one dozen healthcare leaders will share their knowledge on data driven insights at Informatica World 2014. These will be included in six tracks and over 100 breakout sessions during the conference. We are only five weeks away and I am excited that the healthcare path has grown 220% from 2013!
Join us for these healthcare sessions:
- Moving From Vision to Reality at UPMC : Structuring a Data Integration and Analytics Program: University of Pittsburgh Medical Center (UPMC) partnered with Informatica IPS to establish enterprise analytics as a core organizational competency through an Integration Competency Center engagement. Join IPS and UPMC to learn more.
- HIPAA Validation for Eligibility and Claims Status in Real Time: Healthcare reform requires healthcare payers to exchange and process HIPAA messages in less time with greater accuracy. Learn how HealthNet tackled this challenge.
- Application Retirement for Healthcare ROI : Dallas Children’s Hospital needed to retire outdated operating systems, hardware, and applications while retaining access to their legacy data for compliance purposes. Learn why application retirement is critical to the healthcare industry, how Dallas Children’s selected which applications to retire and the healthcare specific functionality that Informatica is delivering.
- UPMC’s story of implementing a Multi-Domain MDM healthcare solution in support of Data Governance : This presentation will unfold the UPMC story of implementing a Multi-Domain MDM healthcare solution as part of an overall enterprise analytics / data warehousing effort. MDM is a vital part of the overall architecture needed to support UPMC’s efforts to improve the quality of patient care and help create methods for personalized medicine. Today, the leading MDM solution developer will discuss how the team put together the roadmap, worked with domain specific workgroups, created the trust matrix and share his lessons learned. He will also share what they have planned for their consolidated and trusted Patient, Provider and Facility master data in this changing healthcare industry. This will also explain how the MDM program fits into the ICC (Integration Competency Center) currently implemented at UPMC.
- Enterprise Codeset Repositories for Healthcare: Controlling the Chaos: Learn the benefit of a centralized storage point to govern and manage codes (ICD-9/10, CPT, HCPCS, DRG, SNOMED, Revenue, TOS, POS, Service Category, etc.), mappings and artifacts that reference codes.
- Christus Health Roadmap to Data Driven Healthcare : To organize information and effectively deliver services in a hypercompetitive market, healthcare organizations must deliver data in an accurate, timely, efficient way while ensuring its clarity. Learn how CHRISTUS Health is developing and pursuing its vision for data management, including lessons adopted from other industries and the business case used to fund data management as a strategic initiative.
- Business Value of Data Quality : This customer panel will address why data quality is a business imperative which significantly affects business success.
- MD Anderson – Foster Business and IT Collaboration to Reveal Data Insights with Informatica: Is your integration team intimidated by the new Informatica 9.6 tools? Do your analysts and business users require faster access to data and answers about where data comes from. If so, this session is a must attend.
- The Many Faces of the Healthcare Customer : In the healthcare industry, the customer paying for services (individuals, insurers, employers, the government) is not necessarily the decision-influencer (physicians) or even the patient — and the provider comes in just as many varieties. Learn how, Quest, the world’s leading provider of diagnostic information leverages master data management to resolve the chaos of serving 130M+ patients, 1200+ payers, and almost half of all US physicians and hospitals.
- Lessons in Healthcare Enterprise Information Management from St. Joseph Health and Sutter Health St. Joseph : Health created a business case for enterprise information management, then built a future-proofed strategy and architecture to unlock, share, and use data. Sutter Health engaged the business, established a governance structure, and freed data from silos for better organizational performance and efficiency. Come hear these leading health systems share their best practices and lessons learned in making data-driven care a reality.
- Navinet, Inc and Informatica – Delivering Network Intelligence, The Value to the Payer, Provider and Patient: Today, healthcare payers and providers must share information in unprecedented ways to reduce redundancy, cut costs, coordinate care, and drive positive outcomes. Learn how NaviNet’s vision of a “smart” communications network combines Big Data and network intelligence to share proactive real-time information between insurers and providers.
- Providence Health Services takes a progressive approach to automating ETL development and documentation: A newly organized team of BI Generalists, most of whom have no ETL experience and even fewer with Informatica skills, were tasked with Informatica development when Providence migrated from Microsoft SSIS to Informatica. Learn how the team relied on Informatica to alleviate the burden of low value tasks.
- Using IDE for Data On-boarding Framework at HMS : HMS’s core business is to onboard large amounts of external data that arrive in different formats. HMS developed a framework using IDE to standardize the on-boarding process. This tool can be used by non-IT analysts and provides standard profiling reports and reusable mapping “templates” which has improved the hand-off to IT and significantly reduced misinterpretations and errors.
Additionally, this year’s attendees are invited to:
- Over 100 breakout sessions: Customers from other industries, including financial services, insurance, retail, manufacturing, oil and gas will share their data driven stories.
- Healthcare networking reception on Wednesday, May 14th: Join your healthcare peers and Informatica’s healthcare team on Wednesday from 6-7:30pm in the Vesper bar of the Cosmopolitan Resort for a private Healthcare networking reception. Come and hear firsthand how others are achieving a competitive advantage by maximizing return on data while enjoying hors d’oeuvres and cocktails.
- Data Driven Healthcare Roundtable Breakfast on Wednesday, May 14th. Customer led roundtable discussion.
- Personal meetings: Since most of the Informatica team will be in attendance, this is a great opportunity to meet face to face with Informatica’s product, services and solution teams.
- Informatica Pavilion and Partner Expo: Interact with the latest Informatica and our partners provide.
- An expanded “Hands-on-Lab”: Learn from real-life case studies and talk to experts about your unique environment.
The Healthcare industry is facing extraordinary changes and uncertainty — both from a business and a technology perspective. Join us to learn about key drivers for change and innovative uses of data technology solutions to discover sources for operational and process improvement. There is still time to Register now!
We are happy to announce many opportunities to add to your MDM knowledge at this year’s Informatica World Conference in Las Vegas, Nevada. The conference will run between May 13-15 and will feature many MDM sessions within the conference agenda and a pre-conference MDM Day on May 12th focused solely on MDM and PIM sessions.
May 12: MDM Day, “Driving Value from Business-Critical Information”
After the overwhelming response to our New York MDM Day in February – we are hosting a pre-conference MDM Day with a laser focus on MDM and PIM. Attendance is free when you register for the full Informatica World Conference. This Day features more than 20 sessions to choose from and provides a chance to learn from experts such as St. Jude Medical, Citrix, and Quintiles, and network with various companies that apply MDM and PIM solutions. We’ll host an “Ask the Experts” table with systems integration partners and present Informatica best practices and product roadmaps.
What: MDM Day – Driving Value from Business-Critical Information
When: Pre-Conference, May 12th, 9:00 AM – 5:00 PM
Where: Cosmopolitan Hotel, Las Vegas
How: Sign Up Here for MDM Day (free with full conference registration)
May 13-15: 2014 Informatica World Conference – MDM Sessions
As the industry evolves, Informatica takes great effort to share our successes and bring our customers together to discuss their experiences in putting data strategies to work. This year, there will be more than a dozen sessions on MDM at the main conference, including:
- Scaling MDM to Enterprise Size: Lessons Learned from HP’s Ginormous Volume (HP)
- Operational Insight for MDM (Zurich American Insurance)
- Increasing Revenue and Retention in M&A (AutoTrader)
- Using MDM to Build a Complex Solution for Dynamic Business (Thomson Reuters)
- Two Distinct Best-in-Class MDM Implementations (McAfee-Intel Security and PwC)
Be sure to attend these and more to learn how industries from healthcare to retail are applying Informatica technologies to fit their objectives for data integration and management.
What: Informatica World Conference
When: May 13- 15th 2014
Where: Cosmopolitan Hotel, Las Vegas
How: Register Today!
Register today for the Informatica World Conference and make the most of your trip to Las Vegas with a free pre-conference MDM Day. Learn more about both events online, or contact me if you have any questions. See you in Vegas!
Financial services is one of the most data-centric industries in the world. Clean, connected, and secure data is critical to satisfy regulatory requirements, improve customer experience, grow revenue, avoid fines, and ultimately change the world of banking and insurance. Data management improvements have been made and several of the leading companies are empowered by Informatica.
Who are these companies and what are they doing with Informatica?
Fifteen of the top financial services companies will share their stories and success leveraging Informatica for their most critical business needs. These include:
- Capital One
- Bank of New Zealand
- Fannie Mae
- Fidelity Investments
- Morgan Stanley
- Thomson Reuters
- YAPI KREDI BANKASI A.S.
- Navy Federal Credit Union
- Wells Fargo Bank
- Westpac Banking Corporation
- Great American Insurance Group, Property & Casualty Group
- Liberty Mutual
Informatica World 2014 will have over 100 breakout sessions covering a wide range of topics for Line of Business Executives, IT decision makers, Architects, Developers, and Data Administrators. Our great keynote line up includes Informatica executives Sohaib Abbasi (Chief Executive Officer), Ivan Chong (Chief Strategy Officer), Marge Breya (Chief Marketing Officer) and Anil Chakravarthy (Chief Product Officer). Our series of speakers will share Informatica’s vision for this new data-centric world and explain innovations that will propel the concept of a data platform to an entirely new level.
Register today so you don’t miss out.
We look forward to seeing you in May!