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Teradata Corporation (TDC) is a global leader in analytic data platforms, marketing and analytic applications, and consulting services. The company specializes in helping organizations collect, integrate, and analyze their data to gain deeper insights into their customers and business operations.
Teradata's core business revolves around providing advanced data warehousing and analytics solutions. These solutions enable businesses to manage and analyze large volumes of diverse data, offering insights that drive better decision-making and operational efficiencies. Teradata's portfolio includes products for data warehousing, asset optimization, fraud prevention, product innovation, and risk mitigation.
With a significant portion of its revenue generated in the United States, Teradata serves a wide range of industries, including financial services, retail, healthcare, and manufacturing. The company's marketing applications help businesses enhance customer loyalty through precise and effective marketing management tools.
Recently, Teradata has been focusing on cloud-based solutions and has made significant strides in integrating AI and machine learning capabilities into its offerings. These advancements help clients stay competitive in an increasingly data-driven world by providing real-time analytics and predictive insights.
In terms of financial performance, Teradata has shown resilience and adaptability in a rapidly changing market. The company continues to form strategic partnerships and collaborations to expand its reach and enhance its product offerings. For the latest updates and detailed information about Teradata Corporation, visit their official website at teradata.com.
Teradata Corporation (NYSE: TDC) will release its 2020 fourth quarter and full year financial results on February 4, 2021, after market close. A conference call and live webcast will follow at 2 p.m. PT on the same day to discuss these results. The live webcast and a replay will be accessible through the Teradata investor website. Teradata specializes in cloud data analytics, addressing complex data challenges and helping businesses leverage data as a valuable asset.
Teradata Corporation (NYSE: TDC) announced the grant of an equity award to its new Chief Revenue Officer, Todd Cione, effective January 5, 2021. This award, part of the New Employee Stock Inducement Plan (NESIP), includes service-based restricted share units covering 308,506 shares. The vesting schedule is 25% after six months, 25% on the first anniversary, 30% on the second anniversary, and 20% on the third anniversary. The NESIP allows for equity compensation to induce employment without stockholder approval, conforming to NYSE regulations.
Teradata (NYSE: TDC) has appointed Todd Cione as the new Chief Revenue Officer, effective January 4, 2021. Cione brings over 25 years of experience from major technology firms like Apple, Oracle, Rackspace, and Microsoft. He is recognized for driving sales growth and cloud transformations. CEO Steve McMillan welcomed Cione, expressing confidence in his ability to enhance Teradata's cloud-first strategy and improve revenue growth. Cione is committed to enhancing customer experiences and maintaining value for shareholders.
Teradata (NYSE: TDC) has announced enhancements to its Vantage platform, extending hybrid multi-cloud capabilities. The latest release of Teradata QueryGrid allows customers to access diverse data sources across various environments, optimizing analytics efficiency. New partnerships, including one with Starburst Data, enable integration with advanced technologies like MongoDB and Google BigQuery. Additionally, upgrades to the IntelliFlex platform improve performance, offering up to 40% enhancement on CPU-intensive tasks. These updates are now globally available, reflecting Teradata's commitment to data accessibility and performance.
Teradata (NYSE: TDC) announces the retirement of board members David Kepler and James Ringler, effective at the 2021 Annual Meeting of Stockholders, as part of its board succession planning. The board size will be reduced to nine members, with eight being independent. Kimberly Nelson, a board member since November 2019 and CFO of SPS Commerce, will become Chair of the Audit Committee on January 1, 2021. Chairman Michael Gianoni praised the retiring members for their service and emphasized the company’s commitment to corporate governance and its strong performance in the third quarter of 2020.
Teradata announced the appointments of Molly Treese as Chief Legal Officer and Erica Hausheer as Chief Information Officer, effective November 1. Treese has been with the company since 2007 and will oversee global legal affairs and compliance. Hausheer joins from 3D Systems, bringing extensive IT experience to lead Teradata's technology strategy. CEO Steve McMillan praised both executives for their leadership skills and vision to drive profitable growth in the cloud data analytics space, highlighting the company's transformation and market potential.
Teradata Corporation (NYSE: TDC) will release its 2020 third-quarter financial results on November 5, 2020, after market close. A conference call and live webcast will take place at 2 p.m. PT on the same day to discuss these results. The webcast will also be available for replay on the Teradata investor website.
Teradata specializes in cloud data analytics, designed for a multi-cloud environment, helping businesses unlock value from their data.
Teradata (NYSE: TDC) has unveiled flexible cloud pricing options to enhance data analytics solutions for enterprises. The new models—Blended and Consumption Pricing—offer organizations the ability to optimize their cloud investments based on usage patterns. Blended Pricing is ideal for high usage environments, while Consumption Pricing allows a pay-as-you-go approach for ad hoc queries. These options are designed to reduce costs, increase efficiency, and maximize return on investment while ensuring transparency in billing, responding to the need for agile solutions in a fast-changing market.
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