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Peter Burris, Wikibon | Action Item Quick Take: Teradata, Feb 2018


 

(electronic pop music) >> Hi, I'm Peter Burris. Welcome to a Wikibon Action Item Quick Take. This week, Teradata announced some earnings and some changes. Neil Raden, what happened? >> A couple of years ago, and don't hold my feet to the fire, but most people considered Teradata dying out, a company with great technology that just wasn't current with where things were going. They saw that, too, and they've done a tremendous job at reinventing themselves. The numbers were evident in their 4th quarter and full fiscal year numbers. They weren't spectacular, but they did beat everybody's estimate, which is a good thing. They also showed something like $250 million in subscription income, which was probably zero a year and a half ago. So that's a good thing. I think it's showing that they're making progress. They're not out of the woods yet, obviously, but I think that the program is a good program and the numbers are showing it. The other thing that I really, really like is that they elevated Oliver Ratzesberger to COO. So he's now basically in charge of pretty much everything, right? (laughs) He's going to take charge of the entire organization's sales, and marketing, and service, and so forth. He was in charge of product before this. Really, good things have happened in terms of their technology with Oliver. I've known Oliver for a while, and he's been with eBay, did a great job there. I think he's going to stick around. Sales, products, services, and marketing under one team, that's a pretty tall order. But I think he's up to it, and I'm looking forward to the 2018 year and seeing how well they do. >> Excellent, Neil. So, Teradata transitioning and finding people that can make it happen. This has been a Wikibon Action Item Quick Take. (electronic pop music)

Published Date : Feb 9 2018

SUMMARY :

Welcome to a Wikibon Action Item Quick Take. I think he's going to stick around. and finding people that can make it happen.

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