Cloud data management provider Informatica has acquired Compact Solutions LLC to bring expanded metadata management to the Informatica Intelligent Data Platform, powered by the CLAIRE AI engine. Terms of the acquisition were not disclosed.
The acquisition strengthens Informatica’s current leadership in metadata-driven AI and automation and extends capabilities that enable Informatica customers to catalog and govern virtually all types of enterprise data, including complex enterprise systems (e.g. mainframe), multi-vendor ETL, hand-coded scripts, and BI tools, in addition to databases, applications, data warehouses and data lakes.
Using Informatica Enterprise Data Catalog with the advanced metadata connectivity from Compact Solutions accelerates analytics, data governance, privacy and data warehouse modernization initiatives by understanding and prioritizing all data and how it should be processed and migrated.
“In today’s environment, companies are being forced to achieve digital transformation far faster than they ever planned or anticipated. As such, Chief Data Officers need AI-powered data governance tools to simplify the entire process of managing, cataloging and governing data so they can be successful,” said Amit Walia, CEO of Informatica.
“This acquisition will further extend and accelerate Informatica’s leadership in metadata-driven AI and automation, and support our strategy to deliver on Data 4.0 for today’s CDOs, helping them not only survive, but thrive in the rapidly changing business landscape today.”