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The Hertz Corporation Selects Teradata Vantage in the Cloud for Scalable & Elastic Analytics Environment

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Teradata (NYSE: TDC) announced that The Hertz Corporation has migrated its entire Global Data Warehouse to Teradata Vantage in the cloud, utilizing Amazon Web Services. This transition is aimed at modernizing Hertz’s technology for enhanced performance, scalability, and cost-efficiency. Hertz's VP of Data & Analytics noted that the migration was timely and exceeded performance expectations. This project was a collaboration between Hertz and Teradata, validating the effectiveness of the Vantage platform. The move allows Hertz to better manage its inventory and derive critical business insights.

Positive
  • Successful migration of Hertz's Global Data Warehouse to Teradata Vantage in the cloud, indicating effective technology modernization.
  • Improved performance metrics post-migration, exceeding Hertz's expectations.
  • Collaboration between Hertz and Teradata was highlighted as a key factor in the project's success.
  • The move enables better management of inventory and critical business insights.
Negative
  • None.

Teradata (NYSE: TDC), the cloud data analytics platform company, today announced that The Hertz Corporation is moving its entire Teradata Global Data Warehouse to Teradata Vantage in the cloud – delivered as-a-service, on Amazon Web Services. Continuing its longstanding relationship with Teradata, Hertz selected the company’s cloud offering to modernize its business without sacrificing the unmatched scale, speed, and analytic sophistication of the Vantage platform.

The Hertz Corporation, a subsidiary of Hertz Global Holdings, Inc., is one of the largest global rental companies, and the Hertz brand is one of the most recognized in the world. The company operates the Hertz, Dollar and Thrifty vehicle rental brands throughout North America, Europe, the Caribbean, Latin America, Africa, the Middle East, Asia, Australia and New Zealand.

“As part of our ongoing business transformation to modernize our technology and reduce costs, we are migrating our legacy analytics environment to the cloud to take advantage of the elasticity and scalability that it provides,” said Manish Agarwal, Vice President, Data & Analytics at The Hertz Corporation. “We selected Teradata Vantage on AWS to be a fast and low risk path to the cloud. We were pleased that the migration effort was timely, on budget, and that performance has exceeded expectations. This move fits well with our strategy and complements our other on-going efforts to migrate to the cloud.”

With Vantage delivered as-a-service on AWS, The Hertz Corporation can holistically manage its complex, global inventory to ensure optimal customer service and financial performance and derive business-critical insights across its organization at speed and scale. By comprehensively tracking and analyzing transaction data across its global locations, Hertz is also able to create value-added programs that drive revenue and profitability, and result in technology savings.

“We are thrilled that Hertz decided to migrate their on-premises legacy Global Data Warehouse to Teradata Vantage in the Cloud as part of the company’s enterprise-wide modernization efforts – but we’re even prouder that this complex migration was such a success from a budget, timing and performance perspective,” said Ashish Yajnik, Vice President of Vantage Cloud at Teradata. “The ability for Hertz to cost-effectively query data from across their global operations, at the speed and scale they’ve come to expect from the Vantage platform, is a validation of this modernized technology platform.”

“The technical success of this initiative was due in large part to an effective partnership between Hertz leadership, Teradata and the broader Hertz implementation team – all of whom were committed to the success of this project, as well as the on-time, on-budget delivery,” said Opal Perry, Executive Vice President and Chief Information Officer at Hertz.

Teradata Vantage is the leading multi-cloud data analytics software platform that enables ecosystem simplification by unifying analytics, data lakes and data warehouses. 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 – to 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 the cloud data analytics platform company, built for a multi-cloud reality, 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.

FAQ

What recent partnership did Teradata (TDC) announce regarding data analytics?

Teradata announced that The Hertz Corporation is migrating its Global Data Warehouse to Teradata Vantage in the cloud.

Why did Hertz choose Teradata Vantage for their data analytics needs?

Hertz selected Teradata Vantage to modernize their analytics environment, ensuring speed, scale, and cost-effectiveness.

How has the performance of Teradata Vantage been described in Hertz's migration?

The performance post-migration has exceeded Hertz's expectations, indicating a successful transition.

On which platform is Teradata Vantage being delivered for Hertz?

Teradata Vantage is being delivered as-a-service on Amazon Web Services (AWS).

What benefits does Hertz gain from migrating to Teradata Vantage?

Hertz can manage its global inventory holistically and gain business-critical insights more efficiently.

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