Say goodbye to one of the largest healthcare customers. 2024 is going to get ugly
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Wishful thinking. Of course they can migrate off us. And they will as they see Teradata’s support for them collapse.
No way can some of our biggest customers migrate off us. They've built up too many years of code and data on our platform that means a complex migration. What sort CIO would take such a risk?
Besides all of the senior management at the big customers are at the back end of their careers and just want to get to the end without upsetting the apple area.
What Teradata isn't willing to admit is that while they still may have business at these customers, most have active programs directed at moving off of Teradata over the next few years and can quickly accelerate those timelines when Teradata tries to play hardball. They often aren't aware of these initiatives until they get the post migration off survey results back. Symptomatic of a very poorly led and run commercial strategy and organization.
All the big customers have everything. I work here and neither of the accounts mentioned are migrating off us.
There are at least 3 large customers down here in Australia getting off us and will probably be finished by end of this year. One going to databricks and the other 2 to Snowflake. The exodus is certainly picking up pace as customers have told me they know Teradata is winding up so they are getting off now whilst there is still support available.
Centene is migrating to Snowflake
Mainframe is Teradata’s only hope 🙏🏼
Centene?
Complex customers migrate much faster than the ELT can/will understand.
Making a challenge of it only makes it happen faster.
Which customer?
More and more of the larger customers are now finalising their migration strategy off Teradata for snowflake, databricks, redshift or Big query with a lot of those to kick off this year.
Even an incident where an ELT member challenged a customer to migrate off within a year. Guess what happened? They achieved it in less than 12 months.
Anthem?
Won’t be surprised if next week is layoff week. What else is their strategy.