Teradata Corporation is a leading provider of data and analytics solutions that enable organizations to harness the power of their data to drive business intelligence and make informed decisions. The company specializes in advanced data management, analytics, and cloud-based services, offering a comprehensive platform that allows enterprises to integrate, analyze, and visualize vast amounts of data. Teradata's technology empowers businesses across various industries to optimize their operations, enhance customer experiences, and ultimately achieve better outcomes through data-driven insights.
Teradata (NYSE:TDC) today announced it is strengthening its relationship with Amazon Web Services (AWS) to deliver ‘rapid-start’ Gen AI use cases when leveraging Teradata VantageCloud on AWS, integrated with Amazon Bedrock. A fully managed AWS service, Amazon Bedrock allows enterprises to quickly adopt the latest Gen AI innovations with easy access to their choice of high-performing foundational models from leading AI companies such as AI21 Labs, Anthropic, Cohere, Meta, Mistral AI, Stability AI, and Amazon. When combining VantageCloud’s open and connected framework with Amazon Bedrock, enterprise customers can rapidly leverage the foundational models of their choice with data in VantageCloud.
MICROSOFT IGNITE – Teradata (NYSE: TDC) today announced that Teradata AI Unlimited is now available for public preview through the Microsoft Fabric Workload Hub. Microsoft Fabric Workload Hub allows customers to discover and add new ISV offered capabilities to their Fabric environment. AI Unlimited in Microsoft Fabric is a serverless compute engine that was designed to speed up Trusted AI innovations delivered at enterprise scale. It features Teradata’s robust analytics functionality, ClearScape Analytics, which is now available to all customers, even to those who do not use Teradata VantageCloud.
Shares of data and analytics software provider Teradata (NYSE:TDC) fell 12.7% in the afternoon session after the company reported underwhelming third-quarter earnings. Revenue growth was flat, and ARR declined year on year, while the guidance for the next quarter implied further sales declines. Notably, Public cloud ARR growth was revised down to a range of 18% to 22% year-over-year (vs. previous est. of 28% to 32% growth). Teradata's EPS forecast for the next quarter also missed.
Data and analytics software provider Teradata (NYSE:TDC) beat Wall Street’s revenue expectations in Q3 CY2024, but sales were flat year on year at $440 million. Its non-GAAP profit of $0.69 per share was also 22.9% above analysts’ consensus estimates.
Teradata Corporation (NYSE: TDC) today announced that Louis Landry has been promoted to the position of CTO. In this role, Landry will leverage more than two decades of experience in software architecture and engineering leadership to drive the company’s technological vision and innovation strategy.
Teradata Corporation (NYSE: TDC) today announced that it will release its third quarter 2024 financial results after the market closes on Monday, November 4, 2024. Teradata will host a conference call to discuss its results and provide a business and financial update.
TERADATA POSSIBLE – Teradata (NYSE: TDC) today announced new capabilities for VantageCloud Lake and ClearScape Analytics that make it possible for enterprises to easily implement and see immediate ROI from generative AI (GenAI) use cases.
TERADATA POSSIBLE – Teradata (NYSE: TDC) today announced a new collaboration with NVIDIA to enhance the Teradata Vantage platform with NVIDIA AI to benefit large, global organizations that leverage both public and/or private clouds.
Teradata (NYSE: TDC) today announced the speaker line up and agenda highlights for Possible 2024: Los Angeles, its global event series where decision-makers, influencers, and leaders come together to navigate the evolving landscape of AI innovation and technology.
Teradata (NYSE: TDC) today announced at Possible 2024: London new features and productivity enhancements to ClearScape Analytics, the most powerful, open, and connected AI/ML capabilities in the market today. These new features are designed to enable the world’s most innovative organizations to maximize the ROI of their AI/ML investments and boost data science productivity to achieve business outcomes faster and more efficiently.
The Law Offices of Frank R. Cruz reminds investors of the upcoming August 13, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired Teradata Corporation (“Teradata” or the “Company”) (NYSE: TDC) securities between February 13, 2023 and February 12, 2024, inclusive (the “Class Period”).
The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Teradata Corporation (“Teradata” or “the Company”) (NYSE: TDC) for violations of the securities laws.
Teradata (NYSE:TDC) today announced that it has been named the official cloud analytics partner for the Los Angeles Clippers and Intuit Dome, the team’s new arena opening Aug. 15, 2024, in Inglewood, Calif. AI technologies are also among the suite of services the team and arena will be leveraging. Teradata is now a Founding Partner of Intuit Dome with special entitlement of the arena’s Halo Loft Level.
Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until August 13, 2024 to file lead plaintiff applications in a securities class action lawsuit against Teradata Corporation (the “Company”) (NYSE: TDC), if they purchased or otherwise acquired the Company’s shares between February 13, 2023 and February 12, 2024, inclusive (the “Class Period”). This action is pending in the United States District Court for the Southern District of California.
