Teradata Corporation is an American software company that provides cloud database and analytics-related software, products, and services. The company was formed in 1979 in Brentwood, California, as a collaboration between researchers at Caltech and Citibank's advanced technology group.[2]
Overview
Teradata is an enterprise software company that develops and sells database analytics software.[3][4][5][6] The company provides three main services: business analytics, cloud products, and consulting.[7] It operates in North and Latin America, Europe, the Middle East, Africa, and Asia.[8]
Teradata is headquartered in San Diego, California, and has additional major U.S. locations in Atlanta and San Francisco, where its data center research and development is housed.[5] It is publicly traded on the New York Stock Exchange (NYSE) under the stock symbol TDC.[9] Steve McMillan has served as the company's president and chief executive officer since 2020.[10][11][12] The company reported $1.836 billion in revenue, a net income of $129 million, and 8,535 employees globally, as of February 9, 2020.[13]
History
The concept of Teradata grew from research at the California Institute of Technology and from the discussions of Citibank's advanced technology group in the 1970s.[14] In 1979, the company was incorporated in Brentwood, California, by Jack E. Shemer, Philip M. Neches, Walter E. Muir, Jerold R. Modes, William P. Worth, Carroll Reed and David Hartke. Teradata released its DBC/1012 database machine in 1984,[15][16] with Citibank as an early customer. In 1990, the company acquired Sharebase, originally named Britton Lee,[17] another early database machine vendor that, unlike Teradata's IBM mainframe focus, primarily served midrange systems.[18]
Technology and products
Teradata offers three primary services to its customers: cloud and hardware-based data warehousing, business analytics, and consulting services.[55] In September 2016, the company launched Teradata Everywhere, which allows users to submit queries against public and private databases. The service uses massively parallel processing across both its physical data warehouse and cloud storage, including managed environments such as Amazon Web Services, Microsoft Azure, VMware, and Teradata's Managed Cloud and IntelliFlex.[56][57] Teradata offers customers both hybrid cloud and multi-cloud storage.[58] In March 2017, Teradata introduced Teradata IntelliCloud, a secure managed cloud for data and analytic software as a service. IntelliCloud is compatible with Teradata's data warehouse platform, IntelliFlex.[59]
External links
References
- 2024 Annual Report (Form 10-K) U.S. Securities and Exchange Commission, 21 February 2025^
- The History of Teradata Teradata.com, Teradata, retrieved 2016-10-28^
- Teradata Express | Download Free Trial^