Informatica Inc at Goldman Sachs Communacopia & Technology Conference Summary - Thomson StreetEvents

Informatica Inc at Goldman Sachs Communacopia & Technology Conference Summary

Informatica Inc at Goldman Sachs Communacopia & Technology Conference Summary - Thomson StreetEvents
Informatica Inc at Goldman Sachs Communacopia & Technology Conference Summary
Published Sep 10, 2024
14 pages (7592 words) — Published Sep 10, 2024
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Brief of INFA.N presentation 10-Sep-24 9:25pm GMT

  
Brief Excerpt:

...A. It's $1 billion revenue that time; half license, half maintenance. B. Since 2015 -- 2016 to 2024, we are, in 2024, eight years. C. And if you look at our new product business, that's about $1.2 billion of ARR. D. So 22 years it took to build a $1 billion business with license software. E. And in eight years, we built 1.2 billion new cloud -- new ARR business, of which 800 and change will be cloud this year, and that's the innovation. F. And in this new world, we are -- what we are very clear is, we spent $1 billion in R&D to build, number one, the best products. G. We just finished our first half of the year, beat, raised our guide, and basically the cloud platform, I will talk about ARR later, 97 trillion transactions a month is the scale of that platform that is growing at 60%-plus every year....

  
Report Type:

Brief

Source:
Thomson StreetEvents
Company:
Informatica Inc
Ticker
INFA.N
Time
9:25pm GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Kasthuri Rangan - Goldman Sachs Group Inc - Analyst : I don't think we'd get to 97 trillion. That's a big number. What happened? How are the other 3 trillion -- what went missing? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. SEPTEMBER 10, 2024 / 9:25PM, INFA.N - Informatica Inc at Goldman Sachs Communacopia & Technology Conference

Question: Kasthuri Rangan - Goldman Sachs Group Inc - Analyst : That's true. That's true. So talk about your bold, audacious goals for the company five years out.

Question: Kasthuri Rangan - Goldman Sachs Group Inc - Analyst : That's great. So if you were to talk to the financial cloud five years out, I know you don't need to give guidance, but what are the other non-technological ways in which you would define success for Informatica? Like to be top something, top four, top five in mid-cap? Is there anything around that?

Question: Kasthuri Rangan - Goldman Sachs Group Inc - Analyst : I thought you were going to say we're going to be $3 billion in cloud.

Question: Kasthuri Rangan - Goldman Sachs Group Inc - Analyst : Mike, you've been have been with Informatica a little over two years. Is my mic working? It is working.

Question: Kasthuri Rangan - Goldman Sachs Group Inc - Analyst : My voice is natural. It's okay. Your key conclusions and learnings about this company in the last two years and what are your aspirations near to midterm from a financial perspective?

Question: Kasthuri Rangan - Goldman Sachs Group Inc - Analyst : That's my job. I mean --

Question: Kasthuri Rangan - Goldman Sachs Group Inc - Analyst : It's a good point. It's a good point that once we hit that magical combination of sustainable, durable growth rate, you don't try to knock it out of the ballpark. It's -- don't take risks to be a hero. Just be predictable, good growth, good margins, means higher multiple. Definitely, the certain equivalent of that outcome is not lost on it. So before I turn it over to Matt, Matt, you went to the Informatica User Conference this time, right? So Matt is this guy who was hard to get excited. Matt, how was the music?

Question: Kasthuri Rangan - Goldman Sachs Group Inc - Analyst : So on that note, I'll turn it over to you. Let's stick with that thread then. And I don't want to butcher this, but you have a two-pronged approach to Gen AI; Informatica for Gen AI, and Gen AI from Informatica. So maybe talk a little bit about both of those opportunities, if you could?

Question: Kasthuri Rangan - Goldman Sachs Group Inc - Analyst : So what are those use cases? What kind of applications are your customers building, using Informatica and Gen AI?

Question: Kasthuri Rangan - Goldman Sachs Group Inc - Analyst : You made reference to DataBricks earlier, and maybe that's a good bridge into Apache, Iceberg, and OpenTable file formats. There's been a lot of focus on this recently on how this could reshape the data layer. So how do you see adoption kind of impacting both Informatica's core business and kind of the broader data stack, if you will?

Question: Kasthuri Rangan - Goldman Sachs Group Inc - Analyst : Questions from you guys? If you have a question, just raise your hand.

Question: Kasthuri Rangan - Goldman Sachs Group Inc - Analyst : I've been asking every 1 of the 12 or so CEOs that we had a chance to interview in the last day, 1.5 days, and that is what are you doing with Gen AI internally? Have you seen any benefits from internal deployments of Gen AI within Informatica?

Question: Kasthuri Rangan - Goldman Sachs Group Inc - Analyst : And any providers that come to mind on which technologies your folks are internally leveraging?

Question: Kasthuri Rangan - Goldman Sachs Group Inc - Analyst : Everybody?

Question: Kasthuri Rangan - Goldman Sachs Group Inc - Analyst : So Windows, Copilot, Office Copilot, nothing -- one thing is --

Question: Kasthuri Rangan - Goldman Sachs Group Inc - Analyst : No Silver bullet. On that note, thank you once again. It's always a very energetic discussion. I really enjoy hanging on.

Question: Kasthuri Rangan - Goldman Sachs Group Inc - Analyst : I think you did. Yes.

Table Of Contents

Informatica Inc at RBC Capital Markets Technology, Internet, Media and Telecommunications Conference Summary – 2024-11-19 – US$ 54.00 – Edited Brief of INFA.N presentation 19-Nov-24 6:20pm GMT

Informatica Inc at RBC Capital Markets Technology, Internet, Media and Telecommunications Conference Transcript – 2024-11-19 – US$ 54.00 – Edited Transcript of INFA.N presentation 19-Nov-24 6:20pm GMT

Informatica Inc Q3 2024 Earnings Call Summary – 2024-10-30 – US$ 54.00 – Edited Brief of INFA.N earnings conference call or presentation 30-Oct-24 9:00pm GMT

Informatica Inc Q3 2024 Earnings Call Transcript – 2024-10-30 – US$ 54.00 – Edited Transcript of INFA.N earnings conference call or presentation 30-Oct-24 9:00pm GMT

Informatica Inc at Goldman Sachs Communacopia & Technology Conference Transcript – 2024-09-10 – US$ 54.00 – Edited Transcript of INFA.N presentation 10-Sep-24 9:25pm GMT

Informatica Inc at Citi Global TMT Conference Summary – 2024-09-04 – US$ 54.00 – Edited Brief of INFA.N presentation 4-Sep-24 5:20pm GMT

Informatica Inc at Citi Global TMT Conference Transcript – 2024-09-04 – US$ 54.00 – Edited Transcript of INFA.N presentation 4-Sep-24 5:20pm GMT

Informatica Inc at Deutsche Bank Technology Conference Transcript – 2024-08-28 – US$ 54.00 – Edited Transcript of INFA.N presentation 28-Aug-24 6:00pm GMT

Informatica Inc at Bank of America Global Technology Conference Transcript – 2024-06-05 – US$ 54.00 – Edited Transcript of INFA.N presentation 5-Jun-24 5:00pm GMT

Informatica Inc at Robert W Baird Global Consumer, Technology & Services Conference Summary – 2024-06-04 – US$ 54.00 – Edited Brief of INFA.N presentation 4-Jun-24 2:50pm GMT

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MLA:
Thomson StreetEvents. "Informatica Inc at Goldman Sachs Communacopia & Technology Conference Summary" Sep 10, 2024. Alacra Store. May 04, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Informatica-Inc-at-Goldman-Sachs-Communacopia-Technology-Conference-B16072196>
  
APA:
Thomson StreetEvents. (2024). Informatica Inc at Goldman Sachs Communacopia & Technology Conference Summary Sep 10, 2024. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Informatica-Inc-at-Goldman-Sachs-Communacopia-Technology-Conference-B16072196>
  
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