Overview

Teradata Corporation is a notable entity in cloud data analytics, offering solutions that leverage the power of AI/ML to enhance decision-making processes. As a leader in the hybrid multi-cloud ecosystem, Teradata addresses complex data challenges, providing robust analytic capabilities to industries including retail, financial services, healthcare, and telecommunications.

Leadership Team

Teradata's leadership focuses on technology-driven transformation:

Steve McMillan, President and CEO since June 2020, leads Teradata's cloud and AI advancements.

Hillary Ashton, Chief Product Officer, drives AI and machine learning innovation in product development.

Claire Bramley, CFO, oversees Teradata's financial strategies and serves on the Ansys board.

Kathy Cullen-Cote, Chief People Officer, leads talent strategies fostering inclusivity and transformation through data.

Michael Hutchinson, Chief Customer Officer, enhances customer engagement and satisfaction.

Richard Petley, Chief Revenue Officer, steers revenue strategies, emphasizing sales experience.

Molly Treese, Chief Legal Officer and Corporate Secretary, ensures ethical practices through legal strategy.

Jacqueline Woods, Chief Marketing Officer, crafts strategies to enhance Teradata's market positioning.

Financial Performance

Teradata continues to demonstrate financial strength, particularly in the public cloud sector:

Public Cloud Annual Recurring Revenue (ARR) reached $542 million in Q2, a 31% year-over-year increase.

In Q4 2023, public cloud ARR was $528 million, marking a 48% growth compared to the previous year.

As of late September 2024, Teradata's stock was valued at $30.35 with a market cap of $2.92 billion, maintaining its solid market position.

Strategic Focus

Teradata prioritizes the expansion of its cloud-based VantageCloud platform, delivering scalable AI solutions. Its strategic direction is centered on trusted AI frameworks essential for intelligent business transformations. Efforts to promote diversity, equity, and inclusion foster a corporate environment welcoming varied perspectives and talents. These investments and strategic leadership cement Teradata's position in the dynamic data analytics landscape.

Competitor Profiling

Overview

In the competitive landscape of cloud database management systems, Teradata faces challenges from established tech giants and emerging cloud-native services. This segment profiles significant competitors in the market.

Major Competitors

Oracle

Oracle is a significant competitor, offering extensive cloud-based solutions. It reported FY2024 revenue of US$53 billion and has invested over US$80 billion in R&D since FY2012. Oracle's strength in autonomous database technology and a wide array of AI-powered applications showcases its innovative prowess. With more than 160,000 employees worldwide, Oracle's global customer support and service network is extensive.

IBM

IBM competes with its solid research and integrated solutions, focusing on hybrid cloud and AI markets. With a presence in over 170 countries, IBM emphasizes trust and security in its services, which are critical in cloud solutions.

Amazon Web Services (AWS)

AWS is a leader in cloud services, offering over 200 fully-featured services backed by global infrastructure and a strong customer-centric approach. AWS focuses on providing scalable, innovative solutions that drive continuous progress across industries.

Google Cloud

Google Cloud is a public cloud vendor known for robust data management and AI integration. Its global infrastructure offers reduced latency and redundancy, while its emphasis on security, ease of use, and integration capabilities makes Google Cloud an attractive option for businesses.

Snowflake

Snowflake Inc. has quickly gained recognition with its cloud-native data platform, focusing on seamless data integration and AI insights. It caters to organizations needing scalable data solutions that support modern applications and collaboration.

Additional Competitors

Noteworthy competitors also include Microsoft, Cloudera, SAP, along with impactful entities like Databricks and Starburst. These companies offer diverse cloud-based data management and analytics solutions, often evaluated as alternatives to Teradata.

By examining competitors and their strengths, Teradata can refine its offerings to meet customer demand and adapt to the evolving cloud database management landscape.