Many moving from Teradata to AWS Redshift? What is the future of Teradata? Is it a good company to join?
13 replies (most recent on top)
Not a good company to join. Morale is at an all time low. We watch the ELT talk about topics they have no idea about and it just gets embarrassing. Lower ranked staff are always nervous for when the next cut will be. I'm hearing more layoffs this week.Bonus' are non existent and the pay/benefits is rather terrible when compared to others in the space.
Many of our customers have already advised us that they are moving off. It's just a matter of time for many customers. So we are left with a dwindling customer base, a product that has significant quality issues and a marketing budget so minimal that we can even afford to give out freebies to prospects anymore at marketing events. It really is dire
Many corporations went to the cloud during the cloud hype cycle and later returned to on premise after seeing how expensive it was. That said Teradata runs on all public clouds and on premise. Many of Teradata's government clients have deployed Teradata in their own infrastructures as well. What is also great is that you are not locked into Teradata - you can use it as a part of the ecosystem since it is open and connected. Other platforms are more closed and its not a good plan for any company to be locked into a single vendor.
So any vendor looking to deliver the fastest analytic queries or process in the most efficient means possible would be smart to acquire Teradata if somehow they could convince their board to sell.
Only time will tell.
yeah, Teradata is an 800lb Harrambe (remember THAT Gorilla?) alright. Yep, the same fate. hahahhaaa
Hahahahahaha. Marketing is bored and trolling again.
Teradata is the 800 pound Gorilla in Data Analytics for massively scaled (web) data. It has versions available in the cloud since 2007 and scales to immense (petabytes) sizes in the cloud just fine depending on the capability of the interconnect of the platform. Only a fool would bet against Teradata on purpose built systems or in the cloud as the organization has the superior product and expertise across the board needed. $50 a share is just a pittance of what is to come for TDC@
The problem with Teradata is that just because marketing says it's so doesn't make it so. As much as they promote "cloud first" they are not architected for the cloud. Yes they run in the cloud, but there is a big difference between running in the cloud and architected for the cloud to leverage the capabilities provided by public clouds. Very manual not automated.
Agreed, Teradata is irrelevant and won‘t be bought, even by private equity. TD does not scale in the cloud, and does not facilitate analytics. Anyone with marketable skills should get out NOW — there are lots of opportunities.
I agree with big loss. Just don't think any normal tech company will go anywhere and buy this, even an enterprise dinosaur like SAP. They are already becoming irrelevant in cloud, u think they'd wanna touch Teradata? No... maybe a company like Snowflake, possibly.
Don’t need to be intimidated :
The result Formula is:
cost of the lay-off up and revenue down = big loss (- double digit %)
Why would anyone buy a company that is known for on-premise when everyone is moving to the cloud? How the heck would that fit into any company's strategy? Most acqusitions are strategic ones, not acqusitions for additional revenue.
Private equity will buy it for the cash flow - they'll cut most of the dead weight, and just pump the cash cow until there's nothing left. Plain and simple.
After May 2, we'll see who's right (see how easy it is to intimidate others, I can do it too!)
Why private equity should buy TD?
If that is happening TD in 2 years will be
Dead whit-out a good R&D that develop new applications .
On premise business will remain only in 500 customers. That is not enough x 10.000 employees.
After May 2 .... results will prove who is right
Teradata has been trying to sell itself for years. Nobody wants to buy it because everyone is moving to the cloud, and it makes no sense to buy teradata for cloud offering. Only ppl who might buy it are private equity funds. Trust me, I am insider.
Depends if you join Sales you will be soon in Sap
You will join cognizant is a services
Be careful that move is not automatic so you may loose jobs or carrier plan