Informatica, a leader in AI-powered cloud data management, has been selected by Genesis Energy, a major utility company in New Zealand, to implement sustainable, secure, and data-driven business practices. Genesis Energy serves nearly 500,000 customers with a diversified portfolio in electricity, reticulated gas, and LPG, making data quality essential to their operations.
1. Challenges Faced by Genesis Energy
- Genesis Energy aimed to streamline data from its complex ecosystem, including data warehouses, data lakes, and proprietary systems.
- The company needed better data availability and flow between its business units to improve decision-making and internal efficiencies.
- Genesis also sought advanced data and AI solutions to assist customers on their energy transition journey.
2. Informatica’s AI-Powered Data Governance Solution
- To address these challenges, Genesis Energy implemented Informatica’s Cloud Data Governance and Catalog, supported by the AI-powered Intelligent Data Management Cloud™ (IDMC).
- This solution offers Genesis a centralized and scalable data governance framework that consolidates data and ensures security across its operations.
3. Benefits of Data Governance for Genesis Energy
- Angela Zhao, Platform Owner of Genesis Energy’s Data Governance and Quality team, emphasized the importance of high-quality data for generating actionable insights.
- With Informatica’s governance structure, Genesis can validate data across systems while protecting sensitive information, building greater trust in the data for decision-making.
- This ultimately drives business efficiency and enhances customer support.
4. AI-Driven Data Management Impact
- Alex Newman, Country Manager for Informatica Australia and New Zealand, highlighted how Genesis Energy’s implementation of a modern, AI-powered data governance solution provides a single source of truth.
- This transformation improves data management and supports more reliable products and services for customers.
Genesis Energy’s adoption of Informatica’s AI-powered Cloud Data Governance solution is a major step towards streamlining operations and enhancing customer services through better data management. This partnership showcases the potential of AI-powered data governance in driving sustainable and efficient business outcomes.