Welcome to our dedicated page for Teradata news (Ticker: TDC), a resource for investors and traders seeking the latest updates and insights on Teradata stock.
Teradata Corporation (TDC) delivers enterprise analytics solutions that transform complex data into actionable insights. This news hub provides investors and technology leaders with timely updates on corporate developments, financial performance, and strategic initiatives shaping the data analytics sector.
Access official press releases, earnings announcements, and expert analyses of Teradata's cloud platform innovations, including VantageCloud adoption and AI-driven analytics tools. Track partnership announcements, leadership updates, and product enhancements that impact the company's market position.
Our curated news collection enables stakeholders to monitor Teradata's progress in data integration technologies and consulting services. Discover updates on industry-specific implementations across retail, healthcare, and financial sectors, demonstrating real-world applications of Teradata's platforms.
Bookmark this page for centralized access to TDC's latest regulatory filings, technology roadmaps, and competitive positioning within the enterprise software landscape. Return regularly to stay informed about developments affecting long-term business strategy and shareholder value.
Teradata Corporation (NYSE: TDC) will announce its Q3 2021 financial results post-market on November 4, 2021. This will be followed by a conference call at 2 p.m. PT to discuss the results and provide a business update. Investors can access the live webcast and replay through the Investor Relations page. Teradata specializes in multi-cloud data analytics, offering solutions for handling complex data workloads with flexibility.
Teradata (NYSE: TDC) has announced the continuation of its partnership with Tesco PLC, utilizing Teradata Vantage for its data platform needs. This collaboration enhances Tesco's ability to access and analyze data flexibly without the need for new tools. Vantage integrates various technologies, allowing Tesco to consolidate its data landscape efficiently. The platform supports enterprise analytics, enabling firms like Tesco to eliminate data silos and optimize their data usage across various environments. This reaffirmation highlights Teradata's commitment to providing innovative solutions for its clients.
Teradata (NYSE: TDC) presented long-term growth targets at its virtual Investor Day, aiming for over
Teradata has introduced a new functionality called Bring Your Own Model (BYOM) for its Vantage platform, enhancing businesses' ability to operationalize AI and ML projects at scale. This capability allows users to integrate externally developed predictive models seamlessly, increasing ROI through better model deployment and analytics. Teradata’s Analytics 1-2-3 framework ensures efficient data processes and supports diverse analytic needs. The BYOM feature is available globally to all Vantage customers, empowering enterprises to tackle complex data challenges effectively.
Teradata (NYSE: TDC) will host a Virtual Investor Day on September 9, 2021, at 11:30 a.m. PT, lasting about three hours. This event aims to share insights into:
- Teradata's vision for profitable growth,
- Growth drivers in the data analytics market,
- The management team's approach to business transformation.
The event includes a live Q&A session and will be accessible online via Teradata’s investor relations page.
Teradata (TDC) reported significant adoption of its Teradata Vantage cloud data analytics platform in early 2021. The CEO, Steve McMillan, has prioritized a cloud-first strategy to enhance customer value and facilitate seamless migration to the cloud. Vantage enables enterprises to address complex data challenges across multi-cloud environments, leveraging partnerships with AWS, Azure, and Google Cloud. Notable clients include Activision Blizzard, CVS, and MGM Resorts, highlighting Teradata's growing presence in the cloud analytics sector.
Teradata (NYSE: TDC) announced its Q2 2021 financial results with notable growth across key metrics. Public cloud ARR surged 157% to $139 million, while total revenue rose 7% to $491 million. The company achieved a GAAP gross margin of 63.1%, with GAAP EPS at $0.39 compared to a loss of $0.40 a year prior. For Q3 2021, public cloud ARR is forecasted to increase by at least 90%. The company raised its full-year guidance, expecting recurring revenue growth of high-single-digit to low-double-digit percentages and GAAP EPS between $0.78 and $0.82, reflecting strong operational performance.
Teradata (NYSE: TDC) has joined the TM Forum, an alliance of over 850 global tech and telecom companies. This partnership aims to facilitate the migration of telecommunications companies to cloud-based infrastructures. With a history of supporting the telecom sector for 40 years, Teradata intends to collaborate on digital transformation initiatives using its Vantage software platform. The TM Forum provides resources for managing digital transformation, problem-solving, and fostering innovation, making Teradata a key player in shaping future industry standards.
