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News Article | July 27, 2017
Site: www.prnewswire.com

Teradata is seeing good momentum in its business transformation as more customers than anticipated chose to purchase Teradata's technology by utilizing the company's new subscription-based options in the quarter. The $58 million of perpetual equivalent contract value from these transactions will be recognized as revenue over time. Product Annual Recurring Revenue (ARR) continues to meaningfully increase as more of Teradata's customers adopt its new purchasing options. As reported under U.S. Generally Accepted Accounting Principles (GAAP), Teradata recorded a net loss of $4 million in the second quarter, or $(0.03) per share, which compared to $64 million of net income, or $0.49 per diluted share, in the second quarter of 2016. Excluding stock-based compensation expense, and the special items described in footnote #2, non-GAAP net income in the second quarter of 2017 was $28 million, or $0.22 per diluted share. 2016 second quarter non-GAAP net income was $93 million, or $0.71 per diluted share, which excluded stock-based compensation expense, special items and the divested Marketing Applications business.(2) "We are building the Teradata of the future to provide customers greater choice and make it easier for them to buy and to grow with Teradata," said Vic Lund, President and Chief Executive Officer, Teradata. "Our Teradata Everywhere strategy arms customers with new analytic capabilities built on flexible hybrid ecosystems that combine on-premises and cloud. I am encouraged that subscription licenses are being adopted faster than expected and customer demand is increasing our pipeline.  I am more confident than ever about Teradata's future and am looking forward to significant upward momentum through 2017 and into 2018." Gross margin was 47.2 percent, versus 51.8 percent reported in the second quarter of 2016. On a non-GAAP basis, excluding stock-based compensation expense, special items and the Marketing Applications business from the second quarter of 2016, gross margin was 51.7 percent in the second quarter of 2017, versus 55.9 percent in the second quarter of 2016.(2) The decrease in the non-GAAP gross margin rate for the quarter resulted from a higher mix of services versus product revenue and lower services margin despite higher product margin. Teradata incurred an operating loss of $1 million in the second quarter of 2017 compared to $87 million of operating income in the second quarter of 2016. On a non-GAAP basis, excluding stock-based compensation expense, special items and the Marketing Applications business from the second quarter of 2016, operating income was $47 million in the second quarter of 2017, versus $130 million in the second quarter of 2016.(2) The year-over-year decrease in second quarter non-GAAP operating income was primarily due to lower revenue, lower gross margin rate, and incremental operating expenses to support Teradata's strategic initiatives. Teradata's tax rate for the second quarter was (33.3) percent versus 24.7 percent in the second quarter of 2016.  The company's non-GAAP effective tax rate for the second quarter was 37.8 percent versus 27.3 percent in the same period in 2016.(2) The increase in the non-GAAP effective tax rate period-over-period was largely driven by a favorable discrete item recognized in the second quarter of 2016 as well as the higher percentage rate impact of normal discrete items driven by the lower pre-tax earnings denominator period-over-period. On an annualized basis, Teradata expects its full-year 2017 tax rate to be approximately 5 percent. On a non-GAAP basis, the company's full year 2017 effective tax rate is expected to be approximately 27.5 percent, compared to full year 2016 of 26 percent. Teradata generated $61 million of cash from operating activities in the second quarter of 2017, compared to $99 million in the same period in 2016.   Free cash flow (cash from operating activities less capital expenditures and additions to capitalized software) in the second quarter was $45 million, compared to $72 million in 2016.(1) Year to date, Teradata generated $309 million of cash from operating activities, compared to $349 million in the same period in 2016.   Free cash flow in the first half of the year was $275 million, compared to $296 million in 2016.(1) Teradata ended the second quarter 2017 with $1.085 billion in cash, which was substantially all held outside the United States. During the quarter, the company used $108 million of domestic cash to repurchase approximately 3.7 million shares of its common stock. During the first half of the year, the company used $151 million of domestic cash to repurchase approximately 5.1 million shares of its common stock. Teradata intends to repurchase up to $300 million of additional shares of its stock in the second half of the year.  Shares will be purchased with cash from U.S. operations as well as Teradata's revolving credit facility. As of June 30, 2017, Teradata had total debt of $555 million, all of which was outstanding under a term loan.  Teradata had no borrowings under its $400 million revolving credit facility as of June 30, 2017. As more of Teradata's customers shift to the company's new subscription-based pricing and cloud deployment options, it is difficult to estimate how much full-year 2017 reported revenue could be impacted by the ratable manner in which revenue is recognized for these new purchasing options. Teradata is narrowing its range of expectations for 2017 full-year revenue to $2.095 - $2.140 billion, down 8-10 percent from 2016, or down 5-7 percent excluding the Marketing Applications business sold in 2016.(2) This favorably compares to Teradata's previous expectation that 2017 full-year revenue could be down 5-10 percent excluding the divested Marketing Applications business. Teradata expects its fourth quarter results to be much stronger than what is expected for the third quarter, even after being seasonally adjusted.  However, such expectations are highly dependent upon the rate at which customers convert to subscription-based transactions as well as the factors described in the company's filings with the U.S. Securities and Exchange Commission. Full-year GAAP earnings per share is projected to be approximately $0.26 to $0.31. On a non-GAAP basis, which excludes stock-based compensation expense, and other special items, earnings per share for the full year is expected to be $1.22 to $1.27, before the effect of additional share repurchases.(2) Teradata has moved from the strategy and implementation stage of its transformation to the execution stage, and has made a number of advancements towards its business transformation in the second quarter, including: These, and other advancements across the company, are resonating with customers. The company is seeing strong customer interest in its Teradata Everywhere strategy as well as its new purchasing and deployment options. A conference call is scheduled today at 8:30 a.m. (ET) to discuss the company's second quarter 2017 results. Access to the conference call, as well as a replay of the call, is available on Teradata's website at investor.teradata.com. Additional information regarding Teradata's operating results is provided below as well as on the Investor Relations page of Teradata's website. 1.     As described below, the company believes that free cash flow is a useful non-GAAP measure for investors. Teradata defines free cash flow as cash provided/used by operating activities less capital expenditures for property and equipment, and additions to capitalized software. Free cash flow does not have a uniform definition under GAAP and therefore, Teradata's definition may differ from other companies' definitions of this measure. Teradata's management uses free cash flow to assess the financial performance of the company and believes it is useful for investors because it relates the operating cash flow of the company to the capital that is spent to continue and improve business operations. In particular, free cash flow indicates the amount of cash generated after capital expenditures for, among other things, investment in the company's existing businesses, strategic acquisitions, strengthening the company's balance sheet, repurchase of the company's stock and repayment of the company's debt obligations, if any. Free cash flow does not represent the residual cash flow available for discretionary expenditures since there may be other nondiscretionary expenditures that are not deducted from the measure. This non-GAAP measure is not meant to be considered in isolation, as a substitute for, or superior to, results determined in accordance with GAAP, and should be read only in conjunction with our condensed consolidated financial statements prepared in accordance with GAAP. Effective the first quarter of 2017, the company no longer capitalizes certain software development costs; rather, these costs are currently expensed as research and development costs and are included as a component of cash provided by operating activities; this change does not impact the methodology of the free cash flow calculation. 2.     Teradata reports its results in accordance with GAAP. However, as described below, the company believes that certain non-GAAP measures (such as non-GAAP gross profit, non-GAAP operating income, non-GAAP net income, and non-GAAP earnings per diluted share, or EPS, all of which exclude certain items, sold businesses, as well as free cash flow) are useful for investors. Teradata's non-GAAP measures are not meant to be considered in isolation or as substitutes for, or superior to, results determined in accordance with GAAP, and should be read only in conjunction with the condensed consolidated financial statements prepared in accordance with GAAP. The following tables reconcile Teradata's actual and projected results and EPS under GAAP to the company's actual and projected non-GAAP results and EPS for the periods presented, which exclude certain specified items. Teradata's management internally uses supplemental non-GAAP financial measures, such as gross profit, operating income, net income and EPS, excluding certain items, to understand, manage and evaluate its business and support operating decisions on a regular basis. The company believes such non-GAAP financial measures (1) provide useful information to investors regarding the underlying business trends and performance of the company's ongoing operations, (2) are useful for period-over-period comparisons of such operations and results, that may be more easily compared to peer companies and allow investors a view of the company's operating results excluding stock-based compensation expense, special items and transactions such as sold businesses, including the Marketing Applications business which was sold on July 1, 2016, (3) provide useful information to management and investors regarding present and future business trends, and (4) provide consistency and comparability with past reports and projections of future results. 3.     The impact of currency is determined by calculating the prior-period results using the current-year monthly average currency rates as indicated in the "segment revenue performance" section of this release. See the foreign currency fluctuation schedule on the Investor Relations page of the company's web site at investor.teradata.com, which is used to determine revenue on a constant currency ("CC") basis. This news release contains forward-looking statements, including statements as to anticipated or expected results, beliefs, opinions and future financial performance, within the meaning of Section 21E of the Securities and Exchange Act of 1934. Forward-looking statements include projections of revenue, profit growth and other financial items, future economic performance and statements concerning analysts' earnings estimates, among other things. These forward-looking statements are based upon current expectations and assumptions and involve risks and uncertainties that could cause Teradata's actual results to differ materially. In addition to the factors discussed in this release, other risks and uncertainties could affect our future results, and could cause actual results to differ materially from those expressed in such forward-looking statements. Such factors include those relating to: the global economic environment in general or on the ability of our suppliers to meet their commitments to us, or the timing of purchases by our current and potential customers, and other general economic and business conditions; the rapidly changing and intensely competitive nature of the information technology industry and the data analytics business, including the increased pressure on price/performance for data analytics solutions and changes in customers' buying patterns; fluctuations in our operating results, unanticipated delays or accelerations in our sales cycles and the difficulty of accurately estimating revenues; failure to realize the anticipated benefits of our business transformation program, divestitures, senior management changes, or other restructuring and cost saving initiatives; risks inherent in operating in foreign countries, including the impact of economic, political, legal, regulatory, compliance, cultural, foreign currency fluctuations and other conditions abroad (including Brexit); the timely and successful development, production or acquisition and market acceptance of new and existing products and services, including our ability to accelerate market acceptance of new products and services as well as the reliability, quality, security and operability of new products because of the difficulty and complexity associated with their testing and production; tax rates; turnover of workforce and the ability to attract and retain skilled employees; availability and successful exploitation of new acquisition and alliance opportunities; our ability to execute integration plans for newly acquired entities, including the possibility that expected synergies and operating efficiencies may not be achieved, that such integration efforts may be more difficult, time-consuming or costly than expected, and that operating costs, customer loss and business disruption (including, without limitation, difficulties in maintaining relationships with employees, customers, clients or suppliers) may be greater than expected following the transaction; recurring revenue may decline or fail to be renewed; changes in Generally Accepted Accounting Principles (GAAP) and the resulting impact, if any, on the company's accounting policies; continued efforts to establish and maintain best-in-class and secure internal information technology and control systems; and other factors described from time-to-time in the company's filings with the U.S. Securities and Exchange Commission, including its annual report on Form 10-K and subsequent quarterly reports on Forms 10-Q, as well as the company's annual reports to stockholders. The company does not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Teradata empowers companies to achieve high-impact business outcomes. Our focus on business solutions for analytics, coupled with our industry leading technology and architecture expertise, can unleash the potential of great companies. Visit teradata.com. Get to know Teradata: Teradata and the Teradata logo are trademarks or registered trademarks of Teradata Corporation and/or its affiliates in the U.S. and worldwide.


At this year's conference themed "The Edge of Next" attendees can choose from more than 200 sessions focused on creating transformational business outcomes through the Internet of Things (IoT), Data Science, Smart Cities, Connected Cars, Hybrid Cloud and Artificial Intelligence. Global Teradata customers across industries will share their experiences, such as moving to the cloud, connecting customer and market data to business strategy, illustrating how banks build credit risk models, revealing how retailers use data-driven analysis to create competitive advantage, relating how experts use 'sensor data qualification' to take charge of the Analytics of Things, and more. Hear how a North American department store is expanding worldwide through a data-driven omni-channel platform, and how the Utah Jazz use sports analytics to revolutionize fan experiences. Join two top representatives from the Cleveland Clinic as they describe the data governance, strategy and approach to providing high quality data quickly in the clinic's fast-paced environment as they optimize treatments as well as business value. Diamond and platinum event sponsors on site include Teradata ecosystem partners Alation, HPE Security-Data Security, MicroStrategy, NetApp, Protegrity, SAS, and WhereScape. Teradata partners and customers will be recognized for their achievements using data and analytics at Monday evening's annual Teradata EPIC Awards ceremony, celebrating its 10th anniversary. On Sunday, Teradata will announce big news: future-facing product and services breakthroughs and offerings. Those who register for PARTNERS will be among the first to know. Katie Linendoll, an Emmy-winning TV personality and tech expert, will return to emcee both general sessions. Linendoll is a popular speaker and journalist who has reported for NBC's Today show, Fox News, and CNN. Linendoll will also be a guest anchor on the live news desk. Monday's keynote speaker is Joi Ito, Director of the MIT Media Lab and coauthor of Whiplash: How to Survive Our Faster Future. Joi Ito combines exceptional academic and practical experience to offer an unmatched bird's-eye view of new technologies beyond the horizon. Wednesday's keynote speaker is Jason Silva, host of National Geographic's Brain Games, new series ORIGINS, and creator of Shots of Awe. Teradata executives Victor Lund, CEO, Oliver Ratzesberger, Executive Vice President and Chief Product Officer, and Rick Farnell, Senior Vice President, Think Big Analytics will share views on the community of Teradata today and tomorrow during the general session on Monday. Conference breakout sessions will be led by expert practitioners including Ticketmaster, NXP Semiconductors, 3M, Paypal, Yahoo Japan, Danske Bank, Nationwide, eBay, Overstock.com, Vodafone, Rakuten, Lufthansa, and this year, specialists working with the NBA team Utah Jazz. Teradata CTO standout Stephen Brobst will lead futuristic sessions that always draw standing-room-only crowds. New 'Meet-Up' sessions on Tuesday connect small groups with subject matter experts who will facilitate meaningful discussions - no lectures, no PowerPoint, just interactive discussion. University student-led sessions include winners of the Northwestern University Hackathon event in May – and academic thought leaders from Stanford, Oxford and Harvard will be speaking. Top IT analysts will also lead sessions on the latest trends and forecasts. This year's Teradata PARTNERS Virtual Conference is now free to attend, streaming live and on-demand for up to 90 days, from anywhere in the world. This includes Livestream general sessions, 40 breakout sessions, and 45 live news desk interviews. Interact with Teradata experts and partners in a virtual expo hall, and network with other virtual conference peers. Teradata PARTNERS Virtual Conference runs live for three days from October 23-25, 2017. Teradata Cares is inviting attendees to meet in the Expo Hall on Tuesday from 11am to 3pm for an important group activity to benefit and help support families of foster children in the Anaheim area.  The Teradata Cares team needs help building beds, dressers, stuffing bears and tying blankets for Extraordinary Families, Our Small World Foster Family Agency and others. PARTNERS reaches its crescendo during Wednesday evening's Gala Event at The House of Blues in Anaheim, featuring Grammy Award®-nominated Mississippi rock band 3 Doors Down. Teradata empowers companies to achieve high-impact business outcomes. Our focus on business solutions for analytics, coupled with our industry leading technology and architecture expertise, can unleash the potential of great companies. Visit teradata.com. Get to know Teradata: Twitter: http://www.twitter.com/teradata Facebook: http://www.facebook.com/Teradata LinkedIn: http://www.linkedin.com/company/teradata YouTube: https://www.youtube.com/channel/UCV559dNBu0FRpuNLsrEKbzA Teradata, Aster, and the Teradata logo are registered trademarks of Teradata Corporation and/or its affiliates in the U.S. and worldwide.


News Article | July 13, 2017
Site: www.prnewswire.com

ATLANTA, July 13, 2017 /PRNewswire/ -- Teradata Corp. (NYSE: TDC) today announced that it will release its 2017 second quarter financial results before the market opens on Thursday, July 27, 2017.   Teradata will host a conference call and live web broadcast at 8:30 a.m. ET the same day to discuss the results. The live web broadcast and replay will be available on the Teradata website at investor.teradata.comhttp://www.teradata.com/investor.


In addition to technology assets, the acquisition also includes StackIQ's talented team of engineers, who will join Teradata's R&D organization to help accelerate the company's ability to automate software deployment in operations, engineering and end-user customer ecosystems. "Teradata prides itself on building and investing in solutions that make life easier for our customers," said Oliver Ratzesberger, Executive Vice President and Chief Product Officer for Teradata. "Only the best, most innovative and applicable technology is added to our ecosystem, and StackIQ delivers with products that excel in their field. Adding StackIQ technology to IntelliFlex, IntelliBase and IntelliCloud will strengthen our capabilities and enable Teradata to redefine how systems are deployed and managed globally." "Our incredibly high standards also apply to the people we hire," continued Ratzesberger. "As Teradata continues to expand its engineering (R&D) skills to drive ongoing technology innovation, we are seeking qualified, talented individuals to join our team. Once again, StackIQ has set the bar with stellar engineers who we are honored to now call Teradata employees." Under terms of the deal, Teradata will now own StackIQ's unique IP that automates and accelerates software deployment across large clusters of servers (both physical and virtual/in the cloud). This increase in automation will occur across all Teradata Everywhere deployments, dramatically reducing build and delivery times for complex business analytics solutions and adding the capability to manage software-only "appliances" across hybrid cloud infrastructure. The speed of Teradata's new integrated solution also allows for rapid re-provisioning of internal test or benchmarking hardware, as well as swift redeployment between technologies to match a customer's changing workload requirements. "Joining Teradata, the market leader in analytic data solutions, truly validates the importance of StackIQ's engineering and the talent we have cultivated over the years," said Tim McIntire, Co-Founder at StackIQ. "We are looking forward to bringing a bit of San Diego's start-up culture to Teradata, and working together to simplify Teradata's customer experience for system software deployment and upgrades." The terms of the acquisition agreement were not disclosed. About Teradata  Teradata helps companies achieve high-impact business outcomes. With a portfolio of business analytics solutions, architecture consulting, and industry leading big data and analytics technology, Teradata unleashes the potential of great companies.  Visit teradata.com. Get to know Teradata: Twitter: http://www.twitter.com/teradata Facebook: http://www.facebook.com/Teradata LinkedIn: http://www.linkedin.com/company/teradata YouTube: https://www.youtube.com/user/teradata Teradata and the Teradata logo are trademarks or registered trademarks of Teradata Corporation and/or its affiliates in the U.S. and worldwide.


News Article | July 19, 2017
Site: www.prnewswire.com

Teradata continues to drive the analytics market forward with industry-first innovations such as Teradata Everywhere™ and Hybrid Cloud, while providing flexibility and choice to customers with software license portability.  Coupled with Business and Ecosystem Consulting, Teradata helps companies design an analytical ecosystem specifically geared towards meeting their unique business requirements.  Teradata believes its position as a leader in these six reports is based on its commitment to continuous innovation. "Today's businesses are facing unprecedented challenges and rely on leadership they can trust with their most strategic assets – their data – and the analytics that make them more effective and help drive profitability," said Vic Lund, Teradata President and Chief Executive Officer.  "We believe these reports prove Teradata's industry leadership and innovation." Teradata began the year being rated highest, and number one in customer satisfaction, among the top 25 data warehouse providers in the global Big Data Warehouse Landscape from The Information Difference. This report was followed by recognition in the Gartner: February 2017 Magic Quadrant for Data Management Solutions for Analytics Gartner: March 2017 Critical Capabilities for Data Management Solutions for Analytics; The Forrester Wave™: In-Memory Databases, Q1 2017 The Forrester Wave™: Real-Time Interaction Management, Q2 2017 and most recently, "The Forrester Wave™: Big Data Warehouse, Q2 2017. All six of these reports can be viewed on Teradata.com by clicking here. "These reports validate for us the leading vision and innovative approach Teradata has earned by solving the most complicated business and analytic challenges for our customers," said Chris Twogood, Senior Vice President of Marketing, Teradata. "We offer limitless choices that support fast-changing business strategies and models, and a growing and diverse community of new and existing users. Teradata also continues to be a rising star in analytics consulting, where the demand for qualified services is accelerating. This is our focus and our passion, and our customers know it." Gartner Disclaimer Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. About Teradata Teradata helps companies achieve high-impact business outcomes. With a portfolio of business analytics solutions, architecture consulting, and industry leading big data and analytics technology, Teradata unleashes the potential of great companies.  Visit teradata.com. Get to know Teradata: Teradata, Aster, and the Teradata logo are registered trademarks of Teradata Corporation and/or its affiliates in the U.S. and worldwide.


News Article | June 14, 2017
Site: www.prnewswire.com

In the report, Forrester evaluated Teradata among twelve RTIM vendors, and had this to say, "We spoke with customer references with tens to hundreds of millions of customer records who have used Teradata to power data-driven CRM and/or RTIM for many years, and they are actively implementing or piloting the new journey capabilities. One financial services reference described Teradata as the 'real-time brain and customer memory' that powers RTIM across digital channels, contact centers, and bank branches." Forrester believes that the RTIM market is growing because marketing and customer experience professionals "see it as a way to address expectations for personalized customer experiences … Marketers increasingly trust RTIM providers to act as strategic partners, advising them on key enterprise marketing technology (EMT) investments." "Our customers know that Real Time Interaction Management is the fast lane to business value because it gives marketers immediate visibility into critical moments throughout the shopping experience," said Chris Twogood, senior vice president, marketing, Teradata. "I believe that Teradata's position as a leader in Forrester's 2017 evaluation makes clear that our Customer Journey consultants and technologies are trusted in the analytic science of optimizing customer engagements, relationships, and profitable business growth. That's why Teradata is considered a strategic partner by our customers." Marketing teams are increasingly relying on predictive analytics, AI, and real time decisioning to maximize customer satisfaction and engagement, personalize offers, and align shopper behavior with business objectives. They are collaborating with CIO organizations to integrate data, refine processes, exploit the full range of analytics approaches, and even reshape entire business models to enhance customer experience. This makes Teradata's Customer Journey Solution an ideal fit, as it combines technology with consulting services to provide marketers critical revenue-boosting analytic insights. Teradata continues to enhance the solution, incorporating deep expertise in data integration, advanced multi-genre analytics and cross-channel orchestration. About Teradata Teradata empowers companies to achieve high-impact business outcomes. Our focus on business solutions for analytics, coupled with our industry leading technology and architecture expertise, can unleash the potential of great companies. Visit teradata.com. Get to know Teradata: Teradata, Aster, and the Teradata logo are registered trademarks of Teradata Corporation and/or its affiliates in the U.S. and worldwide. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/teradata-named-a-leader-in-the-growing-real-time-interaction-management-market-300473800.html


News Article | September 19, 2017
Site: www.prnewswire.com

The refining business platform has many uses, including inventory management:  it consolidates inventory information and integrates data so that inventories can be tallied immediately with the push of a button. The accuracy with which this inventory value can be determined is critical to the company's credit line, and the rates which are charged for access to it. "We started with one project and we now have over 30 projects that have been integrated on the Teradata platform," said David Brand, Manager, Business Intelligence, Western Refining (renamed Andeavor). "Our analytics platform gives us an integrated, holistic view of the business and allows users to see sales and customer activity across three systems -- as one – in near-real time. This is exactly the kind of business outcome we had hoped that analytics technology would enable." Brand said that Andeavor's previous data platform only allowed refining operations teams to see performance of key plan vs. actual metrics for Liquid Volume Recovery (LVR) in dollar value - after the close of the accounting month, usually 8-12 days into the month following. Today, by integrating the data in today's analytic platform, the high-speed performance of Teradata now gives refining operations decision-makers their critical business reports in near real time. For instance, there may be as many as 850 railcars of rolling inventory at any given moment, Brand said, and before the Teradata platform was deployed, this inventory was not being as precisely recorded or continuously quantified as an asset. The platform now provides continuous updates on Refining Operations. The Teradata Analytic Platform also supports detailed Environmental Reporting and Regulatory Compliance, and by fusing multiple data sources, creates a self-service environment enabling Refining Operations to analyze and present blending, inventory, receipts and shipment information in any manner they wish. Using sensor data, the data ecosystem is ramping up for Machine Learning and Predictive Analytics. Finally, the platform supports Retail Propensity, Customer Loyalty, LP Tuning, and Predictive Maintenance. "We are now moving into advanced analytics," Brand said. "This involves predictive maintenance and machine learning. Our goal state is to have a data-driven tool that the refinery engineers can go into the system and say, I need to make X barrels that meet New Mexico standards, and then the system will look at our interaction coefficients and inventory - then deliver. We are not there yet, but that is our goal state. We have other exciting plans also, including multi-level KPI dashboards; self service; cloud storage, which is now in progress; mobility platforms and more data from more sources." The company was a recipient of a Teradata EPIC Award for Operational Excellence in 2014. The business was recognized for "improving operations, such as forecasting, inventory management or supply chain visibility, asset monitoring, sustainable business practices and resource optimization." Teradata empowers companies to achieve high-impact business outcomes. Our focus on business solutions for analytics, coupled with our industry leading technology and architecture expertise, can unleash the potential of great companies. Visit teradata.com. Get to know Teradata: http://www.twitter.com/teradata http://www.facebook.com/Teradata http://www.linkedin.com/company/teradata https://www.youtube.com/channel/UCV559dNBu0FRpuNLsrEKbzA Teradata, Aster, and the Teradata logo are registered trademarks of Teradata Corporation and/or its affiliates in the U.S. and worldwide.


News Article | November 14, 2016
Site: www.prnewswire.com

SAN DIEGO, Nov. 14, 2016 /PRNewswire/ -- Teradata Corp. (NYSE: TDC) ("Teradata") will host its previously announced Analyst Day for financial analysts and institutional investors at its research and development facility in Rancho Bernardo, California, on Thursday, November 17, 2016 from 8...


SAN DIEGO, Feb. 28, 2017 /PRNewswire/ -- Teradata is positioned as a leader in the Gartner, Inc. 2017 Magic Quadrant for Data Management Solutions for Analytics1 (DMSA) issued February 20, 2017, by Gartner analysts Roxane Edjlali, Adam M. Ronthal, Rick Greenwald, Mark A. Beyer, and Donald...


SAN DIEGO, Nov. 14, 2016 /PRNewswire/ -- Teradata (NYSE: TDC), a leading analytics solutions company, today announced the immediate availability of Teradata Consulting and Managed Services for Amazon Web Services (AWS), increasing the company's ability to accelerate positive business...

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