The ultimate measure of a firm’s success is stock price appreciation. In 15 growth years in the analytics industry Teradata stock has gone from high 20s in 2007 at spin off to low 30s now. All the celebration over a name change? If TDC was a football team they would celebrate a punt since they can’t score touchdowns. Ring the bell!!!
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Their latest product announcement, if it works which is doubtful since no early customers were mentioned, is a more complex Snowflake “me too” except is does not have a data exchange or marketplace. It also highlights their current enterprise solution is not cloud-native. They paid a bunch of “influencers” for quotes. Mostly desperate noise.
Actually, the stock price was in the low 80s in early 2013. So, stock down $50 in 9 years. It takes massive incompetence to achieve that!