The company says real-time, intelligent answers, regardless of scale or volume of query are where the real value is, not analytics.
Cloud-based data and analytics company Teradata says it’s time to stop buying analytics and start buying answers. Real value lies in real-time, intelligent answers — regardless of scale, volume, or query — and where enterprises receive the highest ROI.
In a $200 billion analytics industry, data rates and volume have exploded. Solutions and providers have saturated the market. Companies must navigate a complex process to find solid answers and powerful insights.
A New Approach to Gathering Analytics Intelligence
Teradata offers a new approach, establishing new expectations for business intelligence solutions and creating new criteria for intelligent answers. The company plans to make its software and consulting expertise available:
- As-a-service
- In the Cloud
- On-premises
“We’re doubling down on our ambitious direction and strategy that’s data-based, customer-centric and built on expertise. Today, we challenge the industry,” says Victor Lund, Teradata CEO.
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The company calls its approach “pervasive data intelligence.” This approach includes all data, all the time to find real-time answers to even the most difficult challenges.
The company has launched Teradata Vantage, a new platform exclusively for pervasive data intelligence. Designed for speed, flexibility, and scale, it delivers powerful analytics capabilities and true intelligence. It can be done in the cloud, at the edge and on-site.
“Teradata brings a unique combination of transformative technologies and people with unparalleled expertise together to achieve our bold ambition – transforming how businesses work and people live through the power of data,” says Oliver Ratzesberger, Teradata’s CEO. “As such, we are the only analytics company able to help our customers rise above the complexity, cost, and inadequacy of today’s analytics landscape, finding answers to the toughest challenges – providing answers that will push the world forward. From our products to our people, our position as the leader in pervasive data intelligence redefines everything we do.”
