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TDC $36.75

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36.75
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Teradata Corporation
Type
Public
Traded as
  • NYSE: TDC
  • S&P 400 component
Industry Data warehousing
Founded 1979; 38 years ago (1979)
Headquarters Miamisburg, Ohio
Key people
Victor L. Lund, President and CEO
Products Integrated Data Warehouse Hardware and Software, Unified Data Architecture, Big Data Analytics, Professional Services, Customer Services
Revenue Decrease US$2.3 billion (2016)
Operating income
Increase $125 million (2016)
Net income
Increase $112 million (2016)/>
Number of employees
10,093
Website www.teradata.com

Teradata Corporation is a provider of database-related products and services. The company was formed in 1979 in Brentwood, California, as a collaboration between researchers at Caltech and Citibank's advanced technology group. The company was acquired by NCR Corporation in 1991, and subsequently spun-off again as an independent public company on October 1, 2007.

The company produces a relational database management system of the same name, which it markets as a data warehouse. It also acquired new technologies by making many acquisitions. In 2015, after continued losses, the company announced a business transformation review, which led to divestitures and replacement of executives. Teradata employed 10,093 at the end of 2016, and had corporate headquarters in Dayton, Ohio.

Teradata is an enterprise software company that develops and sells a relational database management system (RDBMS) with the same name. Teradata is publicly traded on the New York Stock Exchange (NYSE) under the stock symbol TDC.

The flagship Teradata product is referred to as a "data warehouse system" which 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 runs on the servers and spreads the workload among them. In 2010, Teradata added text analytics to track unstructured data, such as word processor documents, and semi-structured data, such as spreadsheets.

Teradata has a supplier diversity program that designates a minimum of 3 to 5% of spending on minority, women, veteran, or small business vendors. In 2013, the Ethisphere Institute named Teradata as one of the "World's Most Ethical Companies."

Teradata holds an annual user group conference and expo known as Teradata Partners with keynote industry speakers, educational sessions led by customers and other vendors. The Teradata Partners Conference has been an annual event since 1985. The conference involves lectures and speeches on technical and business topics and announcements about new products.

The concept of Teradata grew from research at California Institute of Technology (Caltech) and from the discussions of Citibank's advanced technology group in the 1970s. The company was incorporated in 1979 in Brentwood, California by Jack E. Shemer, Philip M. Neches, Walter E. Muir, Jerold R. Modes, William P. Worth, Carroll Reed and David Hartke. In 1984, Teradata released its DBC/1012 specialized database computer. In 1990, it acquired Sharebase, originally named Britton Lee.

In September 1991, AT&T Corporation acquired NCR Corporation, which in December announced the acquisition of Teradata for about $250 million. Kenneth W. Simonds had been chief executive since 1986. In 1992, Teradata built the first system over 1 terabyte, at Wal-Mart. A Teradata database became the world's largest at 11 terabytes in 1992. By 1997, NCR became independent from AT&T.

In 1999, NCR acquired Strategic Technologies & Systems, and appointed Stephen Brobst as chief technology officer of the Teradata Solutions Group. In April 2000, NCR acquired Ceres Integrated Solutions and its customer relationship management software for $90 million, and in July Stirling Douglas Group and its demand chain management software. In 2005, it acquired financial management software from DecisionPoint.

In January 2007, NCR announced Teradata would become an independent public company, led by Michael F. Koehler. The new company's shares started trading in October. In March 2008 Teradata acquired professional services company Claraview, which previously had spun out software provider Clarabridge.

In August 2010, Teradata acquired column-oriented DBMS vendor Kickfire. In December, it acquired marketing software company Aprimo for about $550 million. In March 2011, it acquired Aster Data Systems for about $263 million. In May 2012, Teradata acquired email direct marketing company eCircle, which was merged into the Aprimo business.

In July 2014, Teradata acquired the assets of Revelytix, a provider of information management products and for a reported $50 million, Hadapt, a company that developed the database management system Presto for Apache Hadoop, and in September, Hadoop service firm Think Big Analytics. In December, Teradata acquired RainStor, a company specializing in online data archiving on Hadoop.

In January 2015, Teradata acquired Appoxxee, a mobile marketing software as a service provider, for about $20 million. In September, Teradata acquired digital marketing company FLXone, based in the Netherlands. In November 2015, after continued losses and declining revenue, a business transformation review was announced. The company terminated "co-president" Herman Wimmer in December 2015, although it later had to pay more than 4.2 million Euros and a company car as severance.

In April 2016, a product line called IntelliFlex was announced. On May 5, 2016 Victor L. Lund, who had been an executive of American Stores from 1977 to 1999, became the chief executive. In July 2016, the marketing applications division, using the Aprimo brand, was sold to private equity firm Marlin Equity Partners for about $90 million. This was hundreds of millions less than Teradata paid making the acquisitions of several companies merged into the unit. Marlin combined businesses of the former eCircle, Appoxee, and Ozone businesses with an email marketing company BlueHornet (that it had acquired in 2015), using the brand Mapp Digital in September 2016.

On July 21, 2016, Teradata acquired Big Data Partnership, a service company based in the UK.

In July 2017, Teradata acquired StackIQ, maker of the Stacki software.

Teradata offers three main services to its customers: cloud and hardware-based data warehousing, business analytics, and consulting services. In September 2016, the company launched Teradata Everywhere, which allows users to submit queries against public and private databases. The service uses massively parallel processing across both its physical data warehouse and cloud storage, including managed environments such as Amazon Web Services, Microsoft Azure, VMware, and Teradata's Managed Cloud and IntelliFlex. Teradata offers customers both hybrid cloud and multi-cloud storage. In March 2017, Teradata introduced Teradata IntelliCloud, a secure managed cloud for data and analytic software as a service. IntelliCloud is compatible with Teradata's data warehouse platform, IntelliFlex.

Teradata began to market with the term "big data" in 2010. CTO Stephen Brobst attributed the rise of big data to "new media sources, such as social media." The increase in semi-structured and unstructured data gathered from online interactions prompted Teradata to form the "Petabyte club" in 2011 for its heaviest big data users.

The rise of big data resulted in many traditional data warehousing companies updating their products and technology. For Teradata, big data prompted the acquisition of Aster Data Systems in 2011 for the company’s MapReduce capabilities and ability to store and analyze semi-structured data.

Teradata's main competitors are similar products from vendors such as Oracle, IBM, Microsoft and Sybase IQ, as well as Hadoop-based distributions and other open source technologies.

Media related to Teradata at Wikimedia Commons

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2022 2022-11-02 Future report Set alerts
Q2 2022 2022-08-04 0.00 0.00
Q1 2022 2022-05-05 0.00 0.00
Q4 2021 2022-02-07 0.57 0.57
Q3 2021 2021-11-04 0.43 0.43
Q2 2021 2021-08-05 0.00 0.00
Q1 2021 2021-05-06 0.00 0.00
Q4 2020 2021-02-04 0.38 0.38
Q3 2020 2020-11-05 0.00 0.00
Q2 2020 2020-08-06 0.24 -0.40

Ratings

2016-06-23 Initiated Coverage Cowen and Company Market Perform $30.00
2016-06-01 Downgrade Barclays Equal Weight to Underweight $28.00 to $23.00
2016-06-01 Downgrade Barclays PLC Equal Weight to Underweight $28.00 to $23.00
2016-05-06 Reiterated Rating Oppenheimer Hold
2016-05-06 Reiterated Rating Morgan Stanley Sell $24.00
2016-05-06 Reiterated Rating Oppenheimer Holdings Inc. Hold
2016-05-05 Upgrade Summit Research Sell to Hold $23.00 to $25.00
2016-05-05 Reiterated Rating SunTrust Neutral $26.00
2016-05-05 Reiterated Rating SunTrust Banks Inc. Neutral $26.00
2016-02-07 Reiterated Rating Oppenheimer Market Perform
2016-02-06 Reiterated Rating Barclays Sell
2016-02-05 Boost Price Target SunTrust $25.00 to $27.00
2016-02-05 Boost Price Target Barclays Underweight $23.00 to $25.00
2016-02-05 Boost Price Target RBC Capital Sector Perform $25.00 to $27.00
2016-02-05 Boost Price Target Royal Bank Of Canada Sector Perform $25.00 to $27.00
2016-01-06 Downgrade Barclays Equal Weight to Underweight $28.00 to $23.00
2015-12-11 Initiated Coverage Goldman Sachs Sell $26.00
2015-12-11 Initiated Coverage Goldman Sachs Group Inc. Sell $26.00
2015-11-19 Reiterated Rating Mizuho Neutral $27.00
2015-11-12 Reiterated Rating Mizuho Hold
2015-11-09 Downgrade Summit Research Hold to Sell $27.00 to $22.00
2015-11-06 Lower Price Target Susquehanna Neutral $35.00 to $29.00
2015-11-06 Lower Price Target Macquarie Underperform $33.00 to $22.00
2015-11-06 Lower Price Target Credit Suisse $30.00 to $23.50
2015-11-06 Lower Price Target BMO Capital Markets Market Perform $34.00 to $25.00
2015-11-06 Lower Price Target Barclays Equal Weight $31.00 to $28.00
2015-11-06 Lower Price Target RBC Capital Sector Perform $33.00 to $30.00
2015-11-06 Lower Price Target Mizuho Neutral $33.00 to $27.00
2015-11-06 Lower Price Target Credit Suisse Group AG $30.00 to $23.50
2015-11-05 Upgrade JMP Securities Underperform to Market Perform
2015-08-28 Downgrade Atlantic Securities Overweight to Neutral $50.00 to $30.00
2015-08-07 Reiterated Rating Cowen and Company Market Perform $44.00 to $32.00
2015-08-07 Lower Price Target Barclays Equal Weight $40.00 to $31.00
2015-08-07 Downgrade Susquehanna Positive to Neutral $50.00 to $35.00
2015-08-07 Upgrade Monness Crespi & Hardt Sell to Neutral
2015-08-07 Lower Price Target RBC Capital Sector Perform $40.00 to $33.00
2015-08-07 Lower Price Target Mizuho Neutral $43.00 to $33.00
2015-06-15 Downgrade JMP Securities Market Perform to Underperform $30.00
2015-05-08 Lower Price Target Barclays Equal Weight $42.00 to $40.00
2015-05-08 Downgrade Summit Research Buy to Hold $52.00 to $42.00
2015-04-30 Initiated Coverage SunTrust Neutral $45.00
2015-04-17 Initiated Coverage DA Davidson Neutral $48.00
2015-02-23 Initiated Coverage Deutsche Bank Hold $45.00
2015-02-23 Initiated Coverage Deutsche Bank AG Hold $45.00
2015-02-06 Lower Price Target Barclays Equal Weight $45.00 to $42.00
2015-02-06 Reiterated Rating BMO Capital Markets Market Perform $45.00
2015-02-06 Downgrade Credit Suisse Neutral to Underperform $42.50 to $35.00
2015-01-22 Initiated Coverage Cowen and Company Market Perform $46.00
2015-01-06 Boost Price Target Barclays Equal Weight $42.00 to $45.00
2014-11-11 Initiated Coverage Macquarie Underperform
2014-10-03 Downgrade ING Group Hold
2014-09-29 Initiated Coverage Monness Crespi & Hardt Sell $38.00
2014-09-04 Initiated Coverage Pacific Crest Sector Perform
2014-09-04 Reiterated Rating Longbow Research Buy $50.00
2014-09-04 Downgrade Barclays Overweight to Equal Weight $46.00
2014-08-08 Lower Price Target BMO Capital Markets $45.00 to $44.00
2014-07-14 Initiated Coverage Standpoint Research Buy $58.00
2014-06-23 Downgrade JMP Securities Outperform to Market Perform $63.00
2014-05-22 Lower Price Target Goldman Sachs $37.00 to $35.00
2014-05-12 Upgrade Ned Davis Research Neutral to Buy
2014-05-09 Lower Price Target Susquehanna $58.00 to $55.00
2014-05-09 Reiterated Rating Barclays Overweight to Overweight $52.00 to $45.00
2014-05-09 Reiterated Rating Atlantic Securities Overweight to Overweight $55.00
2014-05-09 Reiterated Rating Longbow Research Buy to Buy $56.00 to $49.00
2014-05-09 Lower Price Target Pacific Crest Outperform to Outperform $56.00 to $52.00
2014-05-09 Downgrade William Blair Outperform to Market Perform
2014-05-09 Downgrade Stifel Nicolaus Buy to Hold $59.00
2014-05-09 Lower Price Target Mizuho Neutral $45.00 to $43.00
2014-05-05 Boost Price Target BMO Capital Markets $46.00 to $50.00
2014-05-05 Reiterated Rating Mizuho In-Line
2014-02-26 Upgrade Longbow Research Neutral to Buy $56.00
2014-02-26 Boost Price Target Barclays $45.00 to $61.00
2014-02-07 Downgrade Morgan Stanley Underweight $36.00 to $37.00
2014-02-07 Lower Price Target Credit Suisse $45.00 to $42.50
2014-02-07 Lower Price Target Mizuho Neutral $48.00 to $45.00
2014-02-05 Lower Price Target Pacific Crest $60.00 to $56.00
2014-01-31 Lower Price Target Susquehanna $61.00 to $58.00
2014-01-29 Downgrade Goldman Sachs Neutral to Sell $48.00 to $36.00
2014-01-13 Initiated Coverage Atlantic Securities Overweight
2013-12-12 Downgrade RBC Capital Outperform to Sector Perform $55.00 to $41.00
2013-12-03 Downgrade Morgan Stanley Equal Weight to Underweight $36.00
2013-11-01 Lower Price Target Lazard Capital Markets Buy $75.00 to $54.00
2013-11-01 Lower Price Target FBN Securities Sector Perform $55.00 to $50.00
2013-10-29 Downgrade Nordea Equity Research Buy to Hold
2013-10-29 Upgrade Berenberg Bank Hold to Buy $54.50
2013-10-24 Lower Price Target BMO Capital Markets Market Perform $68.00 to $50.00
2013-10-15 Lower Price Target Mizuho Neutral $60.00 to $52.00
2013-10-15 Reiterated
2013-10-15 Downgrade Hilliard Lyons Buy $75.00 to $58.00
2013-10-15 Lower Price Target Susquehanna Positive $72.00 to $62.00
2013-10-15 Lower Price Target RBC Capital Outperform $70.00 to $55.00
2013-10-15 Lower Price Target FBN Securities Sector Perform $70.00 to $55.00
2013-10-15 Lower Price Target Barclays Overweight $69.00 to $63.00
2013-10-15 Reiterated Rating BMO Capital Markets Market Perform
2013-10-15 Reiterated Rating William Blair Outperform
2013-10-15 Reiterated Rating KeyBanc Hold
2013-10-15 Downgrade Wellington Shields Hold
2013-10-15 Reiterated Rating Credit Agricole Buy $77.00 to $63.00
2013-10-15 Reiterated Rating JMP Securities Outperform $77.00 to $63.00
2013-10-15 Reiterated Rating Jefferies Group Hold $58.00 to $51.00
2013-10-15 Lower Price Target Stifel Nicolaus Buy $69.00 to $59.00
2013-10-15 Downgrade Morgan Stanley Overweight to Equal Weight
2013-10-15 Downgrade Sterne Agee CRT Buy to Neutral $70.00
2013-10-15 Downgrade Goldman Sachs Buy to Neutral $74.00 to $50.00
2013-10-15 Downgrade Credit Suisse Outperform to Neutral $75.00 to $45.00
2013-09-18 Reiterated Rating Lazard Capital Markets Buy $75.00
2016-06-23 Initiated Coverage Cowen and Company Market Perform $30.00
2016-06-01 Downgrade Barclays Equal Weight to Underweight $28.00 to $23.00
2016-06-01 Downgrade Barclays PLC Equal Weight to Underweight $28.00 to $23.00
2016-05-06 Reiterated Rating Oppenheimer Hold
2016-05-06 Reiterated Rating Morgan Stanley Sell $24.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
LUND VICTOR L 225421.94%  (349404) SCI / TDC /
KOEHLER MICHAEL President and CEO 187227.74%  (290203) HTZ / TDC /
Fair Robert EVP & Chief Mktg and Info Ofcr 76351.61%  (118345) TDC /
Harrington Daniel L EVP, Services 75803.87%  (117496) TDC /
Ratzesberger Oliver EVP & Chief Product Officer 65515.48%  (101549) TDC /
Nyquist Laura K General Counsel & Secretary 64586.45%  (100109) TDC /
Scheppmann Stephen Mark EVP & CFO 62338.06%  (96624) TDC /
Wimmer Hermann EVP, International 61958.71%  (96036) TDC /
Gnau Scott E EVP, Teradata Labs 55912.90%  (86665) HDP / TDC /
BOYKIN EDWARD P 53181.94%  (82432) EGL / NCR / TDC /
McDonald Darryl EVP, Applications 51049.68%  (79127) TDC /
Langos Bruce Chief Operations Officer 50841.94%  (78805) TDC /
KEPLER DAVID E 49733.55%  (77087) ALV / DOW / TDC /
STAVROPOULOS WILLIAM S 46642.58%  (72296) TDC /
FU CARY T 31950.32%  (49523) BHE / LFUS / TDC /
SCHWARZ JOHN 31716.77%  (49161) SNPS / TDC /
Davis Saundra Chief Human Resource Officer 30680.65%  (47555) TDC /
Blanton Rocky EVP, Americas 30529.03%  (47320) TDC /
RINGLER JAMES M 29980.65%  (46470) ALV / DOW / FTI / INGR / JBT / TDC /
Dinning John EVP & Chief Business Officer 25093.55%  (38895) TDC /
Morton Richard A President, Americas Region 23988.39%  (37182) TDC /
Bacus Lisa R 22249.03%  (34486) CI / TDC /
COOPER NANCY E 22127.10%  (34297) BC / DLPH / MOS / TDC /
Zoumaras Suzanne C EVP & Chf Human Resource Ofcr 21780.00%  (33759) TDC /
Gianoni Michael P 21263.23%  (32958) BLKB / FISV / TDC /
Culhane Mark EVP & Chief Financial Officer 19305.81%  (29924) CALD / TDC /
Tom Eric P EVP and Chief Revenue Officer 13668.39%  (21186) IGT / TDC /
CHOU TIMOTHY C K 12212.26%  (18929) BLKB / TDC /
Fishback Daniel R 12212.26%  (18929) QUMU / SPSC / TDC /