Teradata Corporation is an American computer company that sells database software for data warehouses and analytic applications, including Big Data. Its products are meant to consolidate data from different sources and make the data available for analysis. Formerly a division of NCR Corporation, Teradata was incorporated in 1979 and separated from NCR in October 2007. Teradata is led by Mike Koehler, the former senior vice president of NCR. Teradata's headquarters is located in Miamisburg, Ohio.
Teradata is an enterprise software company that develops and sells a relational database management system (RDBMS) with the same name. In February 2011, Gartner ranked Teradata as one of the leading companies in data warehousing and enterprise analytics. Teradata was a division of the NCR Corporation, which acquired Teradata on February 28, 1991. Teradata's revenues in 2005 were almost $1.5 billion with an operating margin of 21%. On January 8, 2007, NCR announced that it would spin-off Teradata as an independently traded company, and this spin-off was completed October 1 of the same year, with Teradata trading under the NYSE stock symbol TDC. The Teradata product is referred to as a "data warehouse system" and stores and manages data. The data warehouses use a "shared nothing architecture," which means that each server node has its own memory and processing power. Adding more servers and nodes increases the amount of data that can be stored. The database software sits on top of the servers and spreads the workload among them. Teradata sells applications and software to process different types of data. In 2010, Teradata added text analytics to track unstructured data, such as word processor documents, and semi-structured data, such as spreadsheets. Teradata's product can be used for business analysis. Data warehouses can track company data, such as sales, customer preferences, product placement, etc. In 2010, the Ethisphere Institute named Teradata as one of the "World's Most Ethical Companies." History
Timeline information taken from Teradata company history unless otherwise cited. 1976–1979: concept of Teradata grows from research at California Institute of Technology (Caltech) and from the discussions of Citibank’s advanced technology group. Incorporated in 1979 in Brentwood, CA by Dr. Jack E. Shemer, Dr. Philip M. Neches, Walter E. Muir, Jerold R. Modes, William P. Worth, and Carroll Reed. 1980: Enough funding for a Research and Development team.
1983: First beta system shipped to Wells Fargo Bank.
1984: Teradata releases the world's first parallel data warehouses and data marts. 1986: Fortune Magazine names Teradata "Product of the Year." 1987: Teradata IPO in August
1989: Teradata partners with NCR to build new database computers. Sept. 1991: AT&T Corporation acquires NCR.
Dec. 1991: NCR announces acquisition of Teradata.
1992: Teradata creates the first system over 1 terabyte, which goes live at Wal-Mart. 1994: Gartner names Teradata the "Leader in Commercial Parallel Processing." 1995: IDC consulting group names Teradata number one in massively parallel processing in Computerworld Magazine. 1996: A Teradata database becomes the world's largest database at 11 terabytes. 1997: NCR becomes independent from AT&T.
1997: Teradata customer creates world's largest production database at 24 terabytes. 1998: Teradata ported to Microsoft Windows NT.
1999: Teradata customer has world's largest database with 130 terabytes. 2000: NCR acquires Ceres Integrated Solutions and reconfigures their customer relationship management software into Teradata CRM. 2000: NCR acquires Stirling Douglas Group and adds its Demand Chain Management software to list of Teradata applications. 2002: Teradata Warehouse 7.0 launches.
2003: More than 120 companies migrate from Oracle Corporation to Teradata after Oracle-to-Teradata migration program. 2003:...
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