Big data is a big opportunity for Informatica. The company provides enterprise data integration software that enables companies to access, integrate, and consolidate their data across a variety of systems and users. Its PowerCenter platform consolidates, codes, and moves large data warehouses, and its PowerExchange software enables access to bulk or changed data. Other products include Master Data Management (MDM) and the Informatica B2B Data Exchange, as well as Fast Clone (data replication), Data Explorer (data quality), and a range of software-as-a-service (SaaS) offerings, which integrate data from other business applications into a single hosted platform. In mid-2015 the company was bought out and became privately held.