Informatica Business360

Main article: Data management

2020: Representation of Business360

Informatica, the company in the field of corporate management by data, showed solution Business360. The solution allows to manage master data of absolutely different domains, including master data on suppliers, clients, products. On July 7, 2020 the DIS Group company reported about it.

Thanks to Business360 of the company will be able to accelerate and optimize business online, to reduce the risks connected with supply chains is more effective to hold clients, to increase their loyalty, to improve financial and operational processes.

the Organization should have complete and transparent understanding of all the data, – Suresh Menon, the senior vice president and the general manager of Informatica on solutions for master data management considers. – Business360 is suitable for work in cloud environments, automates processes and has the built-in algorithms of the artificial intelligence (AI). Therefore clients can begin with the small project on master data management, quickly receive significant business result and pay back investments. Having received uniform understanding of all the information about clients, suppliers and products using Business360, the companies will be able to improve considerably quality of client service, is more effective to manage risks of supply chains, is more active to be engaged in online business, to improve efficiency of financial transactions.

Informatica is vendor in the market which offers a multidomain MDM system.

The solution for master data management from Informatica works with use of artificial intelligence which helps to clean data, to provide their completeness and consistency. It gives the chance to clients of Informatica quicker to adapt to the changing market conditions. Besides, AI allows to connect master data with transaction information. It considerably increases efficiency of projects on analytics and Data Science, helps to look for more successfully insights in data.

At the same time a number of functionality was added to Informatica Business360. In particular, algorithms of artificial intelligence became more effective to define a data structure and it is better to look for relevant information. Also they make recommendations for creation of mapping of data more optimum, and it automates import of data and consolidates internal processes. It, in turn, helps to lower load of IT service and to accelerate creation of the broad picture of data, critical for business, in the company.

Besides, in Business360 possibilities of AI for creation of "gold records" are expanded. Algorithms of AI help to sort more effectively data (including, unstructured), to compare records in different storage systems of information, to find communications between records and those from them which duplicate each other, to integrate in uniform "gold". Also AI automates creation of communications between "gold records" and a set of the data corresponding to them. It gives the chance to define a context for records and to look for deeper insights in information.

For convenience of business users a number of improvements is carried also out to Business360. Visualization and navigation on the basis of graphs, search and detailing of search results, the help in workflow management are provided in the solution. All this considerably will increase the level of independence of business specialists and productivity of their work.