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Teradata history
Teradata company history timeline
In 1979, the company was incorporated in Brentwood, California by Jack E. Shemer, Philip M. Neches, Walter E. Muir, Jerold R. Modes, William P. Worth, Carroll Reed and David Hartke.
A year of financing efforts results in a seed round of $150,000 in March 1980, allowing design and patent work to begin in earnest
The first VC round, for $2.5 million, closed in July 1980, which let the company hire the R&D team
Teradata released its DBC/1012 specialized database computer in 1984.
In 1990, the company acquired Sharebase, originally named Britton Lee.
NCR was acquired by AT&T on September 19, 1991.
Teradata built the first system, over 1 terabyte, for Wal-Mart in 1992.
AT&T spun off NCR and, on January 1, 1997, NCR became an independent, publicly traded company once again
NCR acquired Strategic Technologies & Systems in 1999, and appointed Stephen Brobst as chief technology officer of Teradata Solutions Group.
In 2000, NCR acquired Ceres Integrated Solutions and its customer relationship management software for $90 million, as well as Stirling Douglas Group and its demand chain management software.
Teradata acquired financial management software from DecisionPoint in 2005.
Teradata Board of Directors elect Victor L. Lund, a member of the Teradata Board of Directors since September 2007, as President and Chief Executive Officer, bringing with him deep operating and leadership experience, financial management knowledge and a global business perspective
Teradata completes its spinoff from NCR Corporation with shares of common stock beginning regular trading on the New York Stock Exchange (NYSE) under the symbol TDC on Monday, October 1, 2007
In March 2008, Teradata acquired professional services company Claraview, which previously had spun out software provider Clarabridge.
Teradata Accelerate launched November 2008.
Teradata Database 13.0 announced at PARTNERS 2008, leading the market with automated virtual storage, up to 30 percent performance improvement, and 75 enhancements supporting active data warehousing
Teradata rated number one for current offering in first-ever enterprise data warehousing report from Forrester Research, The Forrester Wave™: Enterprise Data Warehousing Platforms, Q1 2009
Teradata acquired column-oriented DBMS vendor Kickfire in August 2010, followed by the marketing software company Aprimo for about $550 million in December.
In March 2011, the company acquired Aster Data Systems for about $263 million.
Teradata acquired email direct marketing company eCircle in May 2012, which was merged into the Aprimo business.
In 2014, Teradata acquired the assets of Revelytix, a provider of information management products and for a reported $50 million.
Teradata acquired Appoxxee, a mobile marketing software as a service provider, for about $20 million in January 2015, followed by the Netherlands-based digital marketing company FLXone in September.
In April 2016, a product line called IntelliFlex was announced.
Teradata acquired Big Data Partnership, a service company based in the UK, on July 21, 2016.
In July 2017, Teradata acquired StackIQ, maker of the Stacki software.
On May 7, 2020, Teradata announced the appointment of Steve McMillan as president and chief executive officer, effective June 8, 2020
High customer satisfaction led to Teradata’s leadership distinction in Q4 Big Data Warehouse Landscape Report by The Information DifferenceTeradata earns top ranking in "Current Offering" category and named a leader in "The Forrester Wave™: Data Management For Analytics, Q1 2020"
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Teradata competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Alteryx | 1997 | $855.0M | 2,000 | 107 |
| SAS Institute | 1976 | $3.1B | 13,939 | 137 |
| Actian | 1980 | $100.0M | 458 | 6 |
| AVANI Technology Solutions | 2008 | $11.0M | 375 | 20 |
| Zensar Technologies | - | $482.2M | 10,000 | 29 |
| SoftPath Technologies | 2006 | $6.2M | 375 | 1 |
| VED Software Services | 1995 | $9.4M | 95 | - |
| Dimensional Insight | 1989 | $24.0M | 100 | - |
| Openwave Computing | 1997 | $3.3M | 50 | - |
| NIC INFO TEK | 2004 | $5.9M | 82 | - |
Teradata history FAQs
Zippia gives an in-depth look into the details of Teradata, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Teradata. The employee data is based on information from people who have self-reported their past or current employments at Teradata. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Teradata. The data presented on this page does not represent the view of Teradata and its employees or that of Zippia.
Teradata may also be known as or be related to Teradata, Teradata Corporation and Teradata Operations, Inc.