Posts mentioning hashtag #cloudfirst
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Snowflake Officially Passes TDC in Revenue - #TDCGotSnowBalled
It happened. 83% revenue growth compared to TDC barely treading water. Snowflake will hit over $2B annual recurring revenue going forward. Overtook TDC in In the exact same market that Teradata once had a leadership position in. Anyone in TDC leadership and the entire Board should be ashamed and giving back their bonuses. Why would they get any bonus? Teradata will make a good case study in business schools, like Kodak, Barnes and Noble, and K-Mart. When you have to say you are #CloudFirst it means you still don't get it. RIF THE ELT
Over a decade of failure. Case study in having your head in the sand. First, we ignored Cloud for three years. Then, we dabbled by building our own proprietary Teradata Cloud just in the US. Wasted two more years. Then we hired some guy from AWS that knew nothing about deploying a database in the in the cloud. Wasted three more years. Then to survive we bolted our on-prem database into AWS, then Azure, and finally Google. That gets a grade of C+. Then we woke up and decided to build a real cloud 10 years after watching Snowflake grow. And now that has failed. But hey, SM says we are #CloudFirst! I've been here watching all this and I only have one emotion left. Sadness...it did not have to be like this. No visionary leadership. No board members pushing the ELT. And paying these executives huge dollars for poor performance. Our part time CTO was here for the entire ride.