Teradata Named a Leader in Cloud Data Warehouse Evaluation by Independent Research Firm

Rhea-AI Summary

Teradata (NYSE: TDC) has been recognized as a Leader in Forrester's Q1 2021 report on Cloud Data Warehouses. This evaluation highlights Teradata's Vantage platform for its hybrid cloud capabilities, reliability, and advanced analytics. Over the past 12-18 months, Teradata focused heavily on enhancing its cloud offerings, including increased R&D investments and new executive appointments. Forrester noted Vantage's versatility in integrating multiple analytic languages and data types, enhancing performance for businesses needing real-time analytics and insights.

Positive

• Teradata named a Leader in Forrester's Q1 2021 Cloud Data Warehouse report.
• Significant investments in cloud R&D to enhance platform capabilities.
• Vantage's ability to integrate various analytic languages and data types.

Negative

• None.

Teradata (NYSE: TDC), a leading multi-cloud data warehouse platform provider, today announced that Forrester Research has named Teradata a Leader in "The Forrester Wave™: Cloud Data Warehouse, Q1 2021," written by VP and Principal analyst Noel Yuhanna, on March 24, 2021. Forrester analyzed and scored the top 13 vendors in the Cloud Data Warehouse market according to 26 criteria.

"Over the past 12-18 months, Teradata has been laser-focused on our cloud capabilities and the performance of our cloud business," said Steve McMillan, CEO of Teradata. "From shoring up our cloud credentials with key new executive appointments to significantly increasing our cloud R&D spend, our commitment to and investment in the cloud has successfully positioned Teradata as a modern, relevant cloud platform for our customers. We believe that this recognition from Forrester is another validation that our cloud-first agenda is winning in the market."

Forrester's analysis of Teradata in the Cloud Data Warehouse Wave evaluation is based on Vantage -- a multi-cloud data warehouse platform that enables ecosystem simplification by connecting analytics, data lakes, and data warehouses.

According to Forrester's evaluation, "[Vantage] combines open source and commercial technologies to operationalize insights; solve business problems; enable descriptive, predictive, and prescriptive analytics; and deliver performance for mixed workloads with high query concurrency using workload management and adaptive optimization. Teradata Vantage integrates multiple analytic languages – including SQL, R, Python, SAS, and Java – and supports various data types, including JSON, Avro, Parquet, relational, spatial, and temporal."

The Forrester report also notes that “Customers like Teradata Vantage's hybrid cloud platform, reliability, data science, advanced analytics, and ease of management from an infrastructure perspective. Top use cases include BI acceleration, customer intelligence, real-time analytics, embedded data science functions, fraud detection, time-series analysis, data lake integration, data warehouse modernization, and data services."

Read the complete The Forrester Wave™: Cloud Data Warehouse, Q1 2021 report here.

With Vantage, enterprise-scale companies can eliminate silos and cost-effectively query all their data all the time. Regardless of where the data resides – in the cloud using low-cost object stores, on multiple clouds, on-premises, or any combination thereof – organizations can get a complete view of their business. And by combining Vantage with first-party cloud services, Teradata enables customers to expand their cloud ecosystem with deep integration of cloud-specific, cloud-native services.

About Teradata

Teradata is a leading multi-cloud data warehouse platform provider, solving the world's most complex data challenges at scale. We help businesses unlock value by turning data into their greatest asset. See how at Teradata.com.

The Teradata logo is a trademark, and Teradata is a registered trademark of Teradata Corporation and/or its affiliates in the U.S. and worldwide.

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FAQ

What did Forrester say about Teradata in its Q1 2021 report?

Forrester named Teradata a Leader in its Q1 2021 report on Cloud Data Warehouses, praising the Vantage platform for its hybrid capabilities and advanced analytics.

What are the key benefits of Teradata's Vantage platform as highlighted by Forrester?

Forrester highlighted Vantage for its reliability, ease of management, and ability to support various analytics use cases, including real-time analytics and fraud detection.

What strategic changes did Teradata undertake prior to the Forrester announcement?

Teradata focused on enhancing its cloud capabilities through increased R&D investment and key executive appointments.

How does Teradata Vantage differentiate itself in the market?

Vantage differentiates itself by integrating multiple analytic languages and data types, enabling powerful insights for enterprise-scale companies.