The Informatica recovery story
The integration market is surprisingly flat, with Tibco showing 9% growth last year but a 10% shrinkage in license revenues, while Webmethods grew just 4%, with 1% growth in license revenues. Hardly the stuff investor dreams are made of. BEA is doing better, with 13% overall growth last year and 10% license growth, but this is still hardly stellar. Informatica is the odd one out here, having extracted itself from its aberrant venture into the analytics world and now having repositioned itself as a pure play integration vendor. It had excellent 31% license growth and 27% overall growth last year. The logical acquisition of Similarity Systems broadens Informatica's offering into data quality, which makes sense for an integration vendor. When IBM bought Ascential some pundits reckoned the game would be up for Informatica, but so far that is not proving the case at all.