You could see it coming but it’s still hard to believe. This is what happens when your CTO is a cloud denier. #TDCGotSnowballed
6 replies (most recent on top)
Funny how the Burning Man CTO dismissed Snowflake for the first 5 years, now they drive more revenue than Teradata. How is he still around?
All of TD's troubles are the result of incompetent and corrupt management. Even if by some miracle TD had been the first to the cloud, I have no doubt TD management would have squandered the opportunity and TD would still be in the sorry state it is today. TD had the customer base, financial strength, and engineering talent to overcome a lot of mistakes but that too has been squandered.
The ELT can not help. What if you were given the CEO job at Barnes & Noble a few years after Amazon started selling books online. Do you seriously think bringing in a new leadership team could have saved them? Too late. Now we are trying to make VantageLake cloud-native years after Snowflake and Databricks have created innovative new products. At best it is a me-too, at worst it flops and shows our true weaknesses to the industry. And our Chief Product Officer has no experience in engineering or new product development. #TDCToast
The competition is not “perceived” it is real. Just ask all the sales reps who can’t win a new customer, even if they offer to give Vantage away for a press release. Soon the financial analysts will start doing their job and demanding the number of new customer wins. They will be shocked and the end will come faster than you think.
But…but…but.. Burning Man!
If you’re losing market share to your perceived top competition it’s time to flush the ELT.