Teradata Corporation (NYSE: TDC) is a leading provider of enterprise analytics and data warehousing solutions. Founded in 1979 and headquartered in San Diego, California, Teradata offers cloud-based data analytics platforms, database software, and related services. The company went public in 2007 after spinning off from NCR Corporation. For the full year 2023, Teradata reported total revenue of USD 1.833 billion.
Teradata's primary offerings include:
Teradata VantageCloud: A cloud-based enterprise data analytics platform that enables businesses to deploy data warehouses at scale.
Teradata Database: A relational database management system designed for building large-scale data warehousing applications.
Teradata Aster: Advanced analytics software for uncovering insights from Big Data.
Professional Services: Consulting and implementation services to help customers optimize their data analytics environments.
Teradata has been expanding its cloud-based offerings in recent years. As of December 2023, the company reported public cloud annual recurring revenue (ARR) of USD 528 million, representing 48% year-over-year growth. Teradata aims to achieve over USD 1 billion in cloud ARR by 2025. The company is also focusing on AI-related opportunities, positioning its platforms as enablers for organizations looking to leverage AI and machine learning capabilities. Teradata maintains a strong focus on large enterprise customers across industries such as retail, financial services, telecommunications, and manufacturing.
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