Informatica introduces Intelligent Data Management Cloud for the retail space

Informatica, an enterprise cloud data management provider, is unveiling the Intelligent Data Management Cloud (IDMC) for Retail, a new cloud-first, cloud-native capability built to help the retail industry drive innovation and business value.

IDMC for Retail is a cloud-neutral Data Management Cloud for the retail industry enabling digital-first experiences to their customers while driving omni-channel revenue growth by managing data across any system, any cloud, multicloud, or hybrid.

IDMC for Retail is the company’s first step towards investing in industry-specific cloud data management platforms that enable retail customers to deliver hyper-personalized customer experiences. As the shift to online shopping continues, enabling personalized shopping experiences will be even more critical for retailers to rise above the competition.

IDMC for Retail enables highly personalized, 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.

IDMC for Retail:

• 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
• Increase Supply Chain and Inventory Management Efficiencies.
• 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
• Maintain Customer Trust and Loyalty with Industry-Certified Data Governance and Compliance Standards
• 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

Informatica has a rich ecosystem of cloud partners, AWS, Google Cloud, Microsoft, Snowflake and Databricks to provide seamless integrations to help retail customers succeed in their cloud-first digital transformation. Global System Integrator partners like Accenture, CapGemini, Deloitte, Cognizant and Wipro have been integral to Informatica’s cloud expansion in the retail industry and are actively engaged in helping several joint retail customers adopt IDMC.

“The Informatica Intelligent Data Management Cloud for Retail is the only, end-to-end, cloud-neutral data management platform built to enable retail organizations to continuously innovate their customer experience, and create omni-channel 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 organizations stay competitive and drive business value by unlocking the value of unified data.”

For more information about this news, visit www.informatica.com.