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Home Technology Big Data, Analytics & Intelligence

Genesis Energy improves data governance with Informatica

FutureCIO Editors by FutureCIO Editors
October 10, 2024
Photo by Fortinet https://www.fortinet.com/blog/industry-trends/the-best-of-both-worlds-how-fortinet-is-securing-your-data-center

Photo by Fortinet https://www.fortinet.com/blog/industry-trends/the-best-of-both-worlds-how-fortinet-is-securing-your-data-center

New Zealand utility company Genesis Energy chose Informatica to provide sustainable and secure data-driven business practices.

Alex Newman, country manager for Informatica Australia and New Zealand, said, “By implementing a modern cloud-based, AI-powered data governance solution, Genesis Energy enables one source of trusted truth that transforms how data is managed and used. This ultimately improves their product and service for customers.”

Alex Newman
Alex Newman

Quality data

With a diversified generation portfolio and nearly 500,000 customers for electricity, reticulated gas, and LPG, Genesis Energy aims to use quality data to drive internal efficiencies and to help customers on their energy transition journey.

“Quality insights start with quality ingredients, which means quality data. With the robust governance structure we’ve put in place with Informatica, we can connect and validate data across our systems and applications while protecting sensitive information. This will improve trust in the data for decision-making to drive greater business outcomes and organisational efficiency,” Angela Zhao, platform owner of Genesis Energy’s Data Governance and Quality team, said. 

The utility provider targets consolidating and streamlining data from a complex and distributed ecosystem that includes a data warehouse, data lake, and various proprietary data solutions supporting its generation and retail operations to prepare for more advanced data and AI solutions. The utility provider also seeks better availability and data flow between business units.

With Informatica’s Cloud Data Governance and Catalog, including its AI-powered Intelligent Data Management Cloud (IDMC), Genesis Energy can leverage the common metadata foundation within IDMC as a platform to support data management for a modern, centralised, scalable, and robust data governance framework.

Related:  APAC IT leaders expect bigger role for generative AI
Tags: Artificial Intelligencecloudenergy transitionGenesis EnergyInformatica
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