Someone asked here for our opinion whether Teradata will ever break $2B again. I don't think they will. You?
5 replies (most recent on top)
unlikely, too many problems at this place
bad management, lack of respect and trust throughout organization, too far behind, will be just another cloud service, effect of layoffs and attrition of good people to come, toxic environment, bad culture, product a bolt on that will require much time and growing pain
Not a chance. We’ve been trying for that for years. We’re incredibly weak in a market we used to dominate. We’re in a holding pattern so the big guys can suck the lifeblood out and go on to the next loser company.
It also depends on the inflation. With enough of it, may have a chance...
2 Billion sounds puny for an analytics cloud company.
$2B is the glass ceiling that shows no new customers are signing up. They may never hit that again. TDC is merely moving on-prem capex revenue and customer support revenue to cloud subscription revenue. They dress it up to look like cloud "growth" but they are just treading water. The Teradata database was a beast in it's day, far more scalable and performant than other legacy databases. Customers who built on it have a hard time migrating off, so they do a lift and shift to cloud and then start moving off select workloads to more cloud-native databases like Snowflake or Redshift. The "Slowly Sinking Ship" title in another post was a good description of what is happening.