Thread regarding Teradata Corp. layoffs

Teradata has no marketable solution

Think back. Teradata was created because the market needed a competitive solution to Mainframe storage costs. The DBC 1012 provided that with around a 70% savings to the customer. The product evolved becoming more expensive with each added “Feature”. Teradata was continuing down that path while other solution innovators were working on delivering a less expensive solution in the Cloud. When Teradata woke up one day and decided to engineer their own “Cloud” solution it included Teradata hosted systems. Of course Teradata wouldn’t give their own in-house solutions division a discount on hardware (something that costs 90% less than retail) so no customer would move to their “Cloud”. All the while competitors were creating solutions that crush Teradata offers just like Teradata did so many years ago. The customers left.

Now Teradata is just getting their feet wet with a Cloud solution. Since there is no field organization anymore there really is no customer relationship. Sure customers could migrate to a new solution from a dying company with no Customer Support and roll the dice, most won’t. They will move off to another provider leaving Teradata Executive management scratching their heads.

by
| 1851 views | | 9 replies (last October 7, 2024) | Reply
Post ID: @OP+1piHtMq9

9 replies (most recent on top)

Teradata has never been a “storage” company. The DBC was an “analytics engine” that extracted data from the IBM mainframe. One of Wal*Marts first POC’s was to analyze men’s shoes allocation in the northeast and southeast. Guess what, the proportion of men’s shoe sizes was different. Regional allocation was a $30M bottom line profit.

So when the Board assigns an ex-Grocer CEO to be the CEO of Teradata and then hires first time CXO’s who have zero background in understanding what an “analytics engine” does and how it provide business value it’s no wonder the demise of Teradata started 8 years ago. Just because you lead teams at Oracle, IBM and Microsoft doesn’t mean they sold “analytics”. Check their LinkedIns. Experience in selling Cloud services or Office 365 has zero transition selling,
Industry or product knowledge transfer.

by
| | Reply
Post ID: @5Adhp+1piHtMq9

Thank you JW for your intelligent insight. We needed a Marketing diversity hire to straighten us out and get our minds right.

I have been with TD since its spinoff. It’s a much different company now. And not in a good way.

by
| | Reply
Post ID: @4Rooy+1piHtMq9

Everyone of the comments above plus the initial thread are from 'people' that have no idea what Teradata is, as a technology let alone a corporation.

by
| | Reply
Post ID: @4Qkrw+1piHtMq9

It doesn't help that Teradata never bothered to even use their own technology for the past 30 years. When you are doing all your analysis in Excel in front of the customer and you're a database company somthing is wrong

by
| | Reply
Post ID: @7ing+1piHtMq9

Teradata went from leading proudly the race to struggling painfully to catch up. The bell has rung, only one more lap and the race is over. Unless a divine miracle, HA walking on the sea or the sea opening to save the chosen people, ……

by
| | Reply
Post ID: @3zkz+1piHtMq9

Teradata was a big differentiator in the past, accomplishing something that others could not. Now, Teradata is just one of many and bad at it, non native solution, and lack credibility.

Remember when our CTO SB and the brainless Engineering ELT HA DS tout that Teradata now is one of the cloud service provider and we welcome competition? How you like it now?

by
| | Reply
Post ID: @2szo+1piHtMq9

If you were the VP of IT of a large organization, would you recommend a Teradata purchase if your job would be on the line? Of course not.

by
| | Reply
Post ID: @hlc+1piHtMq9

We should not be surprise why Fall 2023 layoffs is happening. Teradata no longer have the technical depth at any level to drive innovation that might have altered its demise. Only people there now are opportunists or survivors milking on past successes and escape before they're exposed.

by
| | Reply
Post ID: @njo+1piHtMq9

Well put. ELT trying to milk by putting more lipstick on this pig before they cash out. They just need minions to do their misguided biddings and will get rid of everyone along the way not useful in enriching them.

by
| | Reply
Post ID: @bim+1piHtMq9

Post a reply

: