Thread regarding Teradata Corp. layoffs

This place is just another player that entered late into the market and bad at it. Why should this place have new customers?

How many new customers?

Teradata used to win over 100 new customers a year. The market is growing but now we struggle to win 10 a year? We don’t even talk about it on earnings calls. Face it, we are a dying legacy company. I have 2 years before and I’m just hoping we survive that long. Depressing but it pays the bills. Plus I live in San Diego.

You know a company is struggling when they focus on the FUD of leaving their platform instead of the business value and success of adopting their platform.

At SKO they highlighted several new logos and I agree with the other poster who said APJ signed several new big name logos during 2022. Also the rate of customers leaving has slowed dramatically. They highlighted one customer who tried migrating to databricks. Spent tens of millions trying to migrate and then canned the project because it was 18 months behind delivery, what was migrated was costing a lot more and it was estimated another $80m to finish the migration. The CIO stepped down. What a shambles

During my 3 years at TD I don't recall ever seeing a new logo. I've since joined a competitor that is much smaller and see a new logo at least once a week.

Sounds like the Australian business bagged some new logos in 2022 based on what they showed at SKO. Gotta give it to those Aussies they keep surprising us every year with big numbers. Also I think Japan got several new ones. They also talked a bit on win backs which were some customers who went onto other platforms only to come back to Teradata.

Hmm new logos …it’s rare. Less than 5 in a year. You can throw a dart and still land more than that.

Yes there are new logos. I don’t remember all of them that were shown but I do remember the New York Giants being a notable one and also another company that used to be a part of IBM and was spun off. There were several others as well. There are also several who were supposed to leave TD and realized in the end that TD was best for their massive and complex workloads.

Yes there are new logos. There are customers that remain hybrid as they migrate to cloud or maybe even remain hybrid. There will always be customers on prem due to security requirements. We support all these customers and will continue to do so. Each tool has their strengths and weaknesses. Teradata does some things that other things can't and it goes the other way around too. Recommend someone or not is purely an opinion and this comment isn't meant to demonstrate an opinion.