We are happy to share some insights about Teradata drawn from our latest Value Index research, which assesses how well vendors’ offerings meet buyers’ requirements.
We recently published three Ventana Research 2023 Data Platforms Value Indexes, which evaluate technology vendors and products that provide individual and combined analytic and operational data platform support. At Ventana Research, we continue to believe that, for most use cases, there is a clear choice between analytic and operational data platforms to best meet your organization’s needs. We developed three technology assessment and buyers’ guides to focus on overall data platform requirements as well as specific analytic data platform and operational data platform use cases.
In all of our Value Indexes, we utilize a structured research methodology built on evaluation categories designed to reflect real-world criteria and derived from RFP responses and a vendor selection process for analytics and business intelligence. For each of the Value Indexes, we evaluated Teradata and other vendors in seven categories: five relevant to the product — Adaptability, Capability, Manageability, Reliability and Usability — and two related to the vendor — TCO/ROI and Validation. To arrive at the Value Index rating for a given vendor, we weighted each category to reflect its relative importance in an RFP process, with the weightings based on our experience and on data derived from our market research, including our Benchmark Research on Analytics and Data.
Teradata has been in the market for more than 40 years where its longevity and focused expertise has made it a trusted partner for analytic data platforms. The company’s Teradata Vantage is its multi-cloud data analytics platform that operationalizes insights and enables descriptive, predictive and prescriptive analytics for autonomous decision-making. The technology is available on multiple cloud platforms as well as on premises on a virtual infrastructure and the company’s Teradata IntelliFlex hardware platform. As Teradata is focused specifically on analytic data workloads, it was only included in our Analytic Data Platforms Value Index.
In the Analytic Data Platforms Value Index, Teradata was categorized as an Innovative Vendor, ranking fourth overall in this Value Index evaluation. It ranked third in Product Experience, where it was designated a Value Index Leader in the Capability category. It ranked ninth in Customer Experience and ranked best in the Validation category. Its overall performance was impacted by its lower rankings in Usability and Manageability, which represent 25% of the weighting in the overall Value Index.
Our assessment finds that Teradata could perform better in Manageability, where it ranked 10th, and Usability, where it ranked fourth. The recent launch of VantageCloud Lake has the potential to improve the company’s ranking going forward, thanks to a more flexible cloud-native architecture that enables users to analyze data in cloud object storage.
This assessment was based on Teradata’s data platform products generally available as of September 30, 2022.
Organizations should evaluate their data platform requirements for operational and analytic workloads to ensure the existing products and vendors are meeting their needs. If their current data platforms are not satisfying those requirements, they should consider whether Teradata can help meet their needs.
This research-based index is the most comprehensive assessment of the value of data platforms in the industry. Technology buyers can learn more about how to use our Value Index by clicking here and included vendors that wish to learn more can click here. Click below to read the individual reports:
Analytic Data Platforms Value Index