PeopleSoft picks Informatica
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Out of a beauty pageant of four contestants, PeopleSoft has chosen a data-loading tool that it plans to integrate with its analytic applications.
The company announced recently that it will distribute Informatica's PowerMart data-mart tools to extract, transfer, and load (ETL) data with its new Enterprise Performance Management (EPM) suite. This bundle is due out in the fourth quarter. EPM, released in January, includes a data mart and a set of templates to measure profitability, risk, and other business yardsticks.
In February, PeopleSoft named Informatica and three other ETL vendors as partners whose products would interface with the EPM suite. Since then, PeopleSoft has been testing the products to see which would make the best built-in part of EPM.
Previously, the company chose to bundle Informatica's PowerMart, according to Tom Patterson, marketing director at PeopleSoft.
"[PowerMart] was very user-friendly and a great fit for us" because the architecture is already similar to some of PeopleSoft's proprietary application development tools, Patterson said.
Despite last week's bundling announcement, PeopleSoft's customers may still opt to use software from any of the other three ETL partners, Patterson added.
This partnership will help Informatica position itself in the world of analytic applications, according to a company executive.
"We've been talking for a while about how great the need is to be able to put in a backbone [on] various analytic information that's out there, so we're pleased that PeopleSoft has made a decision to go with our platform," said Gaurav Dhillon, CEO of Informatica.
ETL tools are necessary to get the business data into and out of the EPM warehouse more efficiently for a faster payoff, Patterson said.
Pricing for the bundled package will be announced later this year, Informatica officials said.
PeopleSoft Inc., in Pleasanton, Calif., is at http://www.peoplesoft.com. Informatica Corp., in Palo Alto, Calif., is at http://www.informatica.com.