View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Software
January 30, 2009

Informatica not slowing despite economy

How did the integration firm grow revenue 9%?

By Jason Stamper

Integration software maven Informatica announced fourth quarter sales up 9% to $124.4m, with net income holding steady at $19.9m versus $20.6m in the year-ago quarter.

Income from operations came in at $39.5m compared to $20m in the fourth quarter of 2007.

“We are pleased with the record quarterly operating results that rounded out our fourth consecutive record year,” said Sohaib Abbasi, chairman and CEO of Informatica. “Our results, with a more than 400 basis point increase in annual operating margins, again demonstrate the operational discipline of the Informatica team to navigate the economic turmoil.”

“We are well prepared to pursue our strategy and continue to focus on operating income in the quarters to come,” said Abbasi.

For the year ended December 31, revenues were $455.7m, an increase of 16%.

The firm said it signed repeat business with 279 customers, and added 84 new customers including Aspen Marketing Services, Alberta Cancer Board, Banque Accord, Fundação Dos Economiarios Federais, National Board of Medical Examiners, Schneider Electric Industries, and Vektis.

The company said it now has 50 OEM partners, and includes both more traditional as well as cloud computing OEMs amongst its relationships: cloud computing partners include iPartners, Responsys, Revionics, SignalDemand, and Zyme Solutions.

Content from our partners
How to turn the evidence hackers leave behind against them
Why food manufacturers must pursue greater visibility and agility
How to define an empowered chief data officer

During the year Informatica announced what it claimed is the industry’s first on demand data synchronisation service for cloud computing. Informatica provides salesforce.com CRM administrators with a self-service capability said to automate the steps required to ensure that on-premise data is kept consistent and current with data in salesforce.com CRM and the Force.com platform.

 

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU