Many moving from Teradata to AWS Redshift? What is the future of Teradata? Is it a good company to join?
7 replies (most recent on top)
Agreed, Teradata is irrelevant and won‘t be bought, even by private equity. TD does not scale in the cloud, and does not facilitate analytics. Anyone with marketable skills should get out NOW — there are lots of opportunities.
I agree with big loss. Just don't think any normal tech company will go anywhere and buy this, even an enterprise dinosaur like SAP. They are already becoming irrelevant in cloud, u think they'd wanna touch Teradata? No... maybe a company like Snowflake, possibly.
Don’t need to be intimidated :
The result Formula is:
cost of the lay-off up and revenue down = big loss (- double digit %)
Why would anyone buy a company that is known for on-premise when everyone is moving to the cloud? How the heck would that fit into any company's strategy? Most acqusitions are strategic ones, not acqusitions for additional revenue.
Private equity will buy it for the cash flow - they'll cut most of the dead weight, and just pump the cash cow until there's nothing left. Plain and simple.
After May 2, we'll see who's right (see how easy it is to intimidate others, I can do it too!)
Why private equity should buy TD?
If that is happening TD in 2 years will be
Dead whit-out a good R&D that develop new applications .
On premise business will remain only in 500 customers. That is not enough x 10.000 employees.
After May 2 .... results will prove who is right
Teradata has been trying to sell itself for years. Nobody wants to buy it because everyone is moving to the cloud, and it makes no sense to buy teradata for cloud offering. Only ppl who might buy it are private equity funds. Trust me, I am insider.
Depends if you join Sales you will be soon in Sap
You will join cognizant is a services
Be careful that move is not automatic so you may loose jobs or carrier plan