Tag Archives: Teradata
Teradata Earns Top Ranking in “Current Offering” Category and Named a Leader in Data Management for Analytics Evaluation by Independent Research Firm
Teradata (NYSE: TDC) announced today that Forrester Research has named the company a Leader in “The Forrester Wave™: Data Management For Analytics, Q1 2020,” written by principal analyst Noel Yuhanna, on February 12, 2020. Forrester analyzed and scored the top vendors in the Data Management for Analytics market according to 25 criteria, giving Teradata the highest score in the Current Offering category.
Forrester’s positioning of Teradata in the Data Management for Analytics wave evaluation is based on the company’s Vantage platform, Teradata’s flagship product that delivers analytics, data lakes and data warehouses in a single, unified platform. By using 100% of available data to uncover real-time business intelligence at scale, Teradata Vantage enables businesses to turn analytic insights into answers.
In the report, Forrester evaluated Teradata among 14 Data Management for Analytics providers and had this to say: “Teradata offers advanced DMA capabilities, including in-database analytics, distributed query processing, self-service, automation, workload management, and broad security. Teradata Vantage provides the same advanced analytic processing across all deployment options, including Teradata Cloud, public cloud options like AWS, Azure, and Google, and as-a- service and on-premises, which gives clients choice and flexibility.”
Forrester also notes that Teradata’s reference customers, “…like its ease of use, hybrid cloud and independent storage, and compute processing capabilities,” and summarizes that Teradata, “…remains a prominent choice, especially for hybrid deployments where scalability and availability are critical.”
“Our customers are the largest and most data-intensive companies in the world and rely on Teradata to deliver advanced analytic processing, at scale, regardless of their data infrastructure ,” said Chris Twogood, senior vice president of marketing at Teradata. “We believe Teradata’s position as a leader in Forrester’s 2020 evaluation makes clear that our Vantage platform is delivering real business value to our customers, helping them move from analytics to answers with a cloud-forward platform that gives them the choice and flexibility they need.”
Read the complete The Forrester Wave™: Data Management For Analytics, Q1 2020 report here.
Teradata Board of Directors Builds on Expertise in Cloud, Finance
Kim Nelson brings a strong financial foundation and adds further cloud and software expertise to Teradata’s board
Ms. Nelson has served as Executive Vice President & Chief Financial Officer of SPS Commerce, Inc., a provider of cloud-based supply chain management solutions worldwide, since 2007. Previously, she led investor relations and held senior finance positions at Amazon.com. Prior to Amazon, Nelson held positions in finance management at The Pillsbury Company (now General Mills) and Nestle’s beverage division.
“Kim is an excellent addition to Teradata’s Board,” said Vic Lund, Executive Chairman, Teradata Corporation. “Kim’s background in cloud-based technologies and her financial acumen, as well as her leadership in supporting digital transformation and cloud-based software communities make for an ideal alignment with Teradata. Her expertise will benefit Teradata as the company extends its leading market position in cloud-based data and analytics.”
“I am honored to join Teradata’s board at this pivotal time in the company’s history. Teradata is a company on the move and leading the conversation on the power of data and analytics,” said Kim Nelson. “I am impressed with its focus on customer success and I look forward to working as a part of the company’s board to build long-term value for our shareholders.”
Ms. Nelson was selected following a comprehensive search conducted by the board, and she has been elected as a Class I director. Ms. Nelson will serve as a member of the Audit Committee.
Teradata Highlights Cloud-first Stance at AWS re:Invent
Teradata (NYSE: TDC), the cloud analytics company delivering Pervasive Data Intelligence, is at AWS re:Invent 2019 this week, showcasing its cloud capabilities with speaking sessions, technical sessions, in-booth education, participation in the AWS Marketplace Partner Solution Expo and 1:1 meetings with partners, customers, analysts and media. In all of these activities, Teradata will showcase its flagship product, Teradata Vantage, which delivers analytics, data lakes and data warehouses – all unified in the cloud and available as-a-service.
“With its modern cloud architecture, Teradata Vantage enables Teradata customers to take advantage of everything the cloud has to offer: elastically and independently scale compute or storage, pay only for what is used, leverage low-cost object stores and integrate analytic workloads,” said Brian Wood, Director of Cloud Marketing, Teradata. “By providing these capabilities in a public, multi-cloud or hybrid cloud environment, Teradata is moving the cloud forward and continuing to innovate in the core areas impacting the modern cloud architecture. This ensures that Teradata customers can move from analytics to answers wherever they are on their cloud journey.”
At AWS re:Invent 2019, Teradata is also announcing that it has achieved the Amazon Web Services (AWS) PrivateLink Ready designation, which recognizes that Teradata has demonstrated successful integration between Vantage and AWS PrivateLink. AWS customers interested in using AWS PrivateLink can be confident that Teradata Vantage is generally available and fully supported.
Teradata Activities at AWS re:Invent 2019
Teradata Booth #405:
AWS re:Invent 2019 attendees interested in learning more about Teradata and its Vantage software for cloud analytics are invited to stop by the Teradata booth (#405). Topics include:
- Vantage on AWS
- Consumption pricing
- Support for Native Object Stores such as Amazon Simple Storage Service (Amazon S3)
- How Teradata services work with AWS services
- Vantage Developer tools
- Machine Learning and Graph Engines for Vantage
- Customer stories and analytic use cases including financial fraud, churn reduction and customer experience
Teradata Speaking Sessions:
- Wednesday, Dec. 4 at 4:45p.m. in MGM, Level 1, Grand Ballroom 124: Teradata speakers Ashish Yajnik, Vice President of Product Management, and Scott Dykstra, Director of Cloud Solutions & Strategy, will discuss how Teradata uses AWS to power the enterprise analytics it offers to Teradata customers.
- Wednesday, Dec. 4 at 10a.m. in Mirage, Grand Ball Room F: Teradata experts Vinod Raman, Product Manager and Mahesh Subramanian, Senior Director, Engineering, will join Ashish Palekar, Director, Product Management at AWS to deliver a technical deep dive on Amazon Elastic Block Store (EBS).
Teradata representatives can also be found in the AWS Marketplace Partner Solution Expo on Thursday, Dec 5 from 8 a.m. to 3 p.m.
Customers, prospects and partners interested in meeting 1:1 can reach out to Brian Wood to schedule a private meeting.
Teradata Announces CEO Transition
Victor L. Lund Appointed Interim CEO, Succeeding Oliver Ratzesberger; Board Commencing Search for Permanent CEO
Mr. Lund previously served as the President and Chief Executive Officer of Teradata from May 2016 until his appointment as Executive Chairman in January 2019. Mr. Lund has been a member of Teradata’s board since 2007 and was the Chair of the Audit Committee from 2007 until May 2016.
The Company’s Board of Directors has established a CEO Search Committee to lead the process to identify and select a permanent Chief Executive Officer. The Search Committee is chaired by Michael Gianoni, the board’s independent Lead Director. Other committee members include Daniel Fishback, Joanne Olsen and John Schwarz.
Mr. Lund stated, “Oliver has been a leader and technology visionary since we began Teradata’s business transformation, and we thank him for his contributions. Ultimately, the board decided that now is the right time to identify a new CEO to accelerate the execution of the transformation, in order to achieve our vision and growth strategy. The board remains confident that Teradata’s market-leading position in cloud-based data and analytics, talented team and strong foundation will drive us forward as we execute our transformation strategy, continue to innovate, and provide exceptional value to our customers through the power of data.”
Mr. Gianoni stated, “We are grateful to Vic for taking on the additional role of Interim CEO. In addition to his many years on Teradata’s board and as CEO from 2016 to early 2019, Vic is the ideal leader to oversee the execution of Teradata’s strategy during the CEO search process.”
2019 Third Quarter Financial Results
In a separate press release issued today, Teradata reported 2019 third quarter financial results. Teradata will host a conference call and live webcast at 2 p.m. PT today to discuss its financial results. The live webcast and a replay will be available on the Teradata website at investor.teradata.com.
About Victor L. Lund
Previously, Mr. Lund served as the Non-Executive Chairman of the Board of DemandTec, Inc., a publicly-held, on-demand applications company, from 2006 until 2012, and was a member of its board from 2005 until 2012. Mr. Lund was Non-Executive Chairman of the Board of Mariner Health Care, Inc., a long-term health care services company, from 2002 until 2004 and Vice Chairman of Albertson’s, Inc. from 1999 to 2002. Prior to that, he served as Chairman and Chief Executive Officer of American Stores Company. During his extended career with American Stores, Mr. Lund also held executive positions of increasing responsibility leading to Chairman and Chief Executive Officer, including Chief Financial Officer and Executive Vice President. Earlier in his career, Mr. Lund was a practicing certified public accountant. He also serves as a director of Service Corporation International and a number of privately-held companies.
Teradata and Deutsche Telekom Strike Strategic Partnership to Make German SMBs More Successful Through Data, Analytics
Teradata becomes Deutsche Telekom’s central partner for providing data analytics to customers, Teradata Vantage is added into Deutsche Telekom’s portfolio of IT solutions for SMBs, Deutsche Telekom develops the “Digital Sales Assistant”
By combining the strengths of Teradata and Deutsche Telekom, customers benefit from dual technology expertise and an end-to-end offering: Teradata contributes leading software for data analytics and decades of experience in data science and business consulting; Deutsche Telekom provides a comprehensive cloud ecosystem, demand-driven infrastructure, highly secure data centers, IT security and IoT solutions over the proven Telekom network.
“This partnership gives SMBs access to data analyses that only large companies have been able to carry out to date,” said Hagen Rickmann, Director Business Customers at Telekom Deutschland. “By combining our strengths, we can provide affordable solutions created especially for our customers.”
Teradata Vantage: Turning Data into Answers
As the basis for this partnership, Deutsche Telekom is integrating the leading analytics platform, Teradata Vantage, into its IT solution portfolio. For SMBs in Germany, this provides unprecedented easy and efficient access to data analytics, bypassing the technological complexity that has previously been a barrier to entry. With Vantage, customers can analyze enormous amounts of data in the cloud from a wide variety of sources – including, but not limited to, sensors, machines, smartphones or social media – in real time. By leveraging tools such as machine learning for artificial intelligence, SMBs can discover answers to business-critical questions, increasing their ability to make data-driven decisions.
“Data is the backbone of any digital transformation, much like SMBs are the backbone of success and innovation in the German economy,” said Oliver Ratzesberger, President and CEO of Teradata. “Data and analytics – areas that are so crucial for all businesses today – are especially challenging for SMBs to properly leverage, given their lack of in-house expertise and smaller budgets. Together with Deutsche Telekom, we are proud to close this gap by offering a cloud-based, simple solution: we manage the infrastructure, and entrepreneurs focus on the analytics that lead to answers, innovation and growth.”
Digital Sales Assistant: Application in Development
Using Teradata Vantage, Deutsche Telekom is already developing its data analytics application for the company’s SMB customers: The “Digital Sales Assistant”, which will enable the sales force to immediately recognize the needs of its customers and respond to them more precisely. By combining existing data sources, such as CRM, ERP, public open source, social media, IoT and telecom data, the sales force gains previously undiscovered information about its customers and is empowered with intelligent recommendations, such as “next best offer,” price/margin optimization and demand forecasts.
The Digital Sales Assistant, an easy first access point for SMBs to begin using data and analytics, is expected to be available in spring 2020.
Industry Focus: Retail, Real Estate, Industrial Production
Teradata and Deutsche Telekom will initially address companies that do business in retail, real estate and industrial production. Each of these industries can particularly benefit from data and analytics in the following ways:
- Retail: Data helps retailers optimize their stores, calculate prices correctly, manage logistics chains better and, most importantly, understand customers’ needs.
- Real estate: Providers can use data analytics to make building-specific forecasts on value creation, occupancy and operating costs. These factors work to determine the value of a property on the basis of factors such as location and trends, or to determine the costs of buying, selling and converting buildings.
- Industrial production: Data is the basis for the smart factory of the future and smart manufacturing. By analyzing sensor data in machines, anomalies can be detected and a possible failure can be predicted. This type of predictive maintenance offers enormous savings potential.
About Deutsche Telekom
https://www.telekom.com/en/company/company-profile
Teradata Hires Bob Joyce for New Role of EVP, Teradata Business Systems
New executive brings extensive experience in operational excellence – joins newly hired CRO, Scott Brown, and CHRO, Kathy Cullen-Cote, to strengthen leadership team and boost Teradata’s transformation
“In Bob, we are adding a leader for Teradata Business Systems with fundamental experience driving an organization to be lean, efficient and agile, with a mindset for continuous improvement and growth” said Oliver Ratzesberger, President and CEO at Teradata. “This hire, and the establishment of a world-class business system, is absolutely critical to our company strategy. Add in the recent hires of Scott and Kathy, Teradata is now extremely well positioned to continue our leadership in this market and help the world’s leading companies leverage cloud to get answers to their toughest challenges.”
Teradata Business Systems, a new business function within Teradata, will drive operational excellence by ensuring everything Teradata does is aligned to its strategy, data-driven and focused on key metrics that increase the value of the company. Improving operational excellence strengthens the company’s commitment to its customers, improves the ease of doing business and will enhance Teradata in the position of true trusted advisor.
“Teradata is in the midst of a truly bold transformation to a cloud first subscription model and I’m excited to contribute,” said Bob Joyce, EVP Teradata Business Systems. “The market landscape is changing everyday and I believe that the companies – like Teradata – who focus on and invest in continuous improvement will have a significant competitive advantage. Tomorrow’s leaders will cultivate a growth mindset using simplicity and lean principles. This is what I will contribute to Teradata in support of serving our customers with the agility and flexibility they require.”
About Bob Joyce
Joyce joins Teradata from Fortive Corporation, where he was Group President over five operating companies in the United States, Europe and China. Fortive was a spin out of Danaher, the pioneer in driving growth through a measured business system. Joyce was fundamental in developing the Danaher Business System, the world-leader in helping companies track execution and create options for doing better. As part of this effort, Joyce has run billion-dollar businesses, driving consistent double-digit growth, and has successfully led organizations through significant improvements in execution, delivery and quality. Joyce is reporting to CEO Oliver Ratzesberger and will be based in San Diego.
Register Now for the Best Data and Analytics Conference: Teradata Universe in Denver, Colorado
Daily keynotes with industry thought leaders, hands-on training workshops, face-to-face networking events and more, make Teradata Universe one of the best analytics conferences globally
Held Oct. 20-24 in Denver, Colorado, Teradata Universe will host thousands of attendees with business, marketing or technical backgrounds, who select, implement and use analytic data solutions. Heralding from more than 45 different countries, companies of all sizes, and across all industries, attendees will gain a plethora of new contacts in the space, thanks to the conference’s natural ability to draw the best data and analytics professionals to daily networking events.
“We’re proud that Teradata Universe is the essential data analytics conference for people interested in using data to change the way they do business,” said Martyn Etherington, Teradata’s Chief Marketing Officer. “Session tracks feature cutting-edge technology topics like Cloud, Artificial Intelligence and deep dives into our flagship Vantage product, but also include the often-forgotten, crucial building blocks to making those technologies operational, such as Data Governance and instilling a Culture for Analytics. With a complete understanding of how these elements work together, attendees will come away from Teradata Universe with the insight and skill to implement changes in their own companies – ensuring they get answers from their analytics.”
Conference activities include:
Keynotes:
Teradata Universe attendees will be treated to keynote speeches from Teradata CEO Oliver Ratzesberger, as well as Teradata customers and external thought leaders like Cathy O’Neil, author of the New York Times bestselling book Weapons of Math Destruction: How Big Data Increases Inequality and Threatens Democracy, and Erik Brynjolfsson, director of the MIT Initiative on the Digital Economy, Schussel Family Professor at the MIT Sloan School and research associate at NBER.
Additional sessions will include speakers from Forrester Research, IDC, Oxford University, Ventana Research, The Wharton School at the University of Pennsylvania, Radiant Advisors, University of North Carolina, University of Amsterdam, Hired Brains Research, Intelligent Solutions Inc. and The Data Warehousing Institute (TDWI).
Sessions:
Teradata Universe includes access to more than 200 sessions, nearly 100 of which will be best practices shared by other Teradata customers. Topics include:
- The New Vantage Platform;
- All Things Cloud;
- Artificial Intelligence;
- Data Governance;
- The Future of Advanced Analytics;
- Culture for Analytics;
- Customer and Marketing Insights; and
- Leading Edge Architectural Strategies for Success.
With both technical and business-level tracks, each attendee will come away with tangible ways to improve, augment or innovate on their existing analytic ecosystem.
Networking:
Interspersed throughout each day are networking breaks and social events designed to encourage attendees to learn from thought leaders and talk with peers.
Expected attendees have titles including CIOs, CMOs, Chief Data/Analytics Officers, Architect/Data Engineers, Business Analysts, Data Scientists, Data Warehouse Professionals and AI Professionals.
Hands-on Training:
With three times as many workshops as in previous conferences, this year’s Teradata Universe offers significant education opportunities. Tracks include several sessions on using Teradata Vantage for data science with SQL, Python and R, as well as complimentary classes on the Cloud Experience, Driving Outcomes with Vantage and a Teradata Developers Certification Overview. Given the interactivity and hands-on nature of these courses, advanced registration is required and attendance is limited.
Innovative Expo Hall:
Get an up-close look at state-of-the-art new software, technologies, and tools from leading-edge data and analytics companies in the Expo Hall, including Teradata, GE Aviation Digital, Ab Initio Services LLC, Alation, Dataiku, Micro Focus, Minio, SAS, Teradata Education and Certification, Informatica LLC, SUSE, Tableau, Thales, Celebrus, HVR, MANTA, QuerySurge, RStudio, Veritas, WhereScape, AWS Marketplace, International Institute for Analytics, Microsoft and NetApp.
Registration is now open and additional information about Teradata Universe 2019 is available at https://www.teradata.com/Events/Universe