To survive and thrive, Teradata must continue its pivot from appliance-based legacy to cloud-first, AI-infused platforms — and win the mindshare war it’s currently losing.
7 replies (most recent on top)
Too many other competitors are thriving in the AI space...now was the time to expand...not shrink...
Ha! Oracle just bagged a $30 bn cloud deal … speculation is OpenAI, you are dreaming if you think you can return to growth from 10 years ago.
https://www.datacenterdynamics.com/en/news/oracle-reveals-cloud-deal-worth-30-billion-a-year/#:~:text=Oracle%20has%20signed%20up%20a,which%20company%20is%20behind%20it.
Another eye-opening experience was listening to the Managed Services updates month after month, quarter after quarter, year after year...watching scores of large customers migrating off TD, cancelling managed services engagements, and losing scores of consulting $$$...Never any good news...just bad...bad...bad...but never a change in the management ranks to reverse the tides...makes one go hmmm...
Teradata is sc--wed no matter what they do. Theyre addicted to HW margins and industry SW margins are too small if youre not bringing on all kinds of new customers.
This is not good advice. It doesn’t matter how much pivoting and infusing (whatever that means) Teradata does, buyers don’t seem to want what ever Teradata is selling.
Not desperate? I would think losing revenue every quarter YOY would be a bit of a red flag.
Good advice. Unfortunately our CXOs aren’t smart enough to follow it.