Welcome to our dedicated page for TERADATA CORPORATION news (Ticker: TDC), a resource for investors and traders seeking the latest updates and insights on TERADATA CORPORATION stock.
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 announce its 2023 first quarter financial results on May 4, 2023, after market close. Following the release, the company will conduct a conference call to discuss these results at 2 p.m. PT on the same day. The call will also provide a comprehensive business and financial update.
The live webcast of the call will be accessible on Teradata's Investor Relations page, with a replay available afterwards. Teradata is recognized as a leading connected multi-cloud data platform, specializing in enterprise analytics that tackle complex business challenges.
Teradata (TDC) has announced the integration of its VantageCloud platform with Microsoft Azure Machine Learning, enhancing the capabilities for machine learning initiatives. This partnership aims to simplify and accelerate AI/ML project deployment, addressing the challenge that only 54% of such projects transition from pilot to production. VantageCloud's scalability and analytics, combined with Azure ML’s tools, allow enterprises to leverage their data effectively across sectors like retail, financial services, and healthcare. The integration is available globally, supporting organizations in maximizing their AI investments.
Teradata reported its Q4 2022 financial results, showing a public cloud ARR of $357 million, up 77% year-over-year. Total revenue decreased 5% to $452 million. Recurring revenue also declined 2%, accounting for 79%
of total revenue. GAAP EPS was ($0.07) while Non-GAAP diluted EPS was $0.35. The company generated $129 million in cash from operations and aims to increase its free cash flow target to 75%. For 2023, Teradata projects public cloud ARR growth of 53% to 57% and total revenue growth of 1% to 4%.
Teradata Corporation (NYSE: TDC) will announce its fiscal fourth quarter and full year financial results for 2022 before market open on February 13, 2023. A conference call and live webcast will occur at 5 a.m. PT to discuss these results and provide a financial outlook for 2023. Investors can access the live webcast on Teradata's Investor Relations page.
Teradata offers a multi-cloud data platform for enterprise analytics, aimed at resolving business challenges efficiently.
Teradata (TDC) announced its top ranking in all Analytical Use Cases in the 2022 Gartner Critical Capabilities for Cloud Database Management Systems, scoring highly in Traditional Data Warehouse (4.71), Logical Data Warehouse (4.85), Data Lake (4.25), and Streaming Analytics (4.25). Additionally, Teradata was named a Leader in the 2022 Gartner Magic Quadrant. This recognition highlights Teradata's robust analytics platform and its growing importance in data management for major enterprises, including 17 of the top 20 global banks.
Teradata (NYSE: TDC) and Vcinity have announced a strategic alliance aimed at enhancing data connectivity across cloud, hybrid, and on-premises environments. The collaboration allows organizations to access remote data quickly, improving operational efficiency and reducing costs associated with data management. Key features include instant access to non-local data, enhanced performance for sensitive datasets, and faster data movement capabilities. This joint solution addresses challenges faced by global enterprises, particularly regarding regulatory compliance and data governance.
Teradata (TDC) announced its participation as a Diamond sponsor at AWS re:Invent 2022, taking place from November 28 to December 2 in Las Vegas. The company will showcase innovations in cloud analytics, including live demos of its cloud-native product, VantageCloud Lake, and ClearScape Analytics. The event allows Teradata to demonstrate how its analytics solutions leverage AI and ML for better data accessibility. Attendees can engage with experts and attend breakout sessions focused on practical applications of Teradata's solutions in cloud environments.
FAQ
What is the current stock price of TERADATA CORPORATION (TDC)?
What is the market cap of TERADATA CORPORATION (TDC)?
What does Teradata Corporation do?
What industries does Teradata serve?
Where can I find more information about Teradata?
What are some of Teradata's key products?
How does Teradata help businesses with marketing?
What recent advancements has Teradata made?
What is a significant source of Teradata's revenue?
How does Teradata contribute to decision-making processes?
What is the focus of Teradata's consulting services?
How does Teradata stay competitive in the market?
