Teradata Expands Strategic Collaboration Agreement with AWS to Further Support Customers on Cloud Modernization Journeys
02 5월 2024 - 10:00PM
Business Wire
Teradata (NYSE: TDC) announced today that it has renewed and
expanded its Strategic Collaboration Agreement (SCA) with Amazon
Web Services (AWS) to support customers as they migrate to the
cloud, accelerate the modernization of their data analytic
ecosystems and maximize the value of artificial intelligence (AI)
opportunities. This deepened collaboration with AWS will also allow
customers to unlock additional industry-vertical use cases,
leveraging generative AI, as they take advantage of Teradata’s
integration with more AWS services and the two companies’ provision
of harmonized data, Trusted AI, and secure, cloud-native
technology.
The collaboration with AWS builds on an existing relationship,
including previous integrations with AWS services such as Amazon
SageMaker, which helps companies build, train, and deploy machine
learning (ML) models for any use case with fully managed
infrastructure, tools, and workflows, enabling companies to rapidly
accelerate AI/ML projects to deliver data-driven insights.
“As a digital retailer with millions of online customers across
the UK and Ireland, we know there’s nothing worse than when a
consumer makes a purchase, and their desired item is out of stock.
Worse yet, they make a purchase only to see the item go on sale
days later,” said Peter Murty, Head of Technology - Data Platforms
& Governance at The Very Group. “By leveraging Teradata
VantageCloud on AWS, we are able to score complex machine learnings
functions to predict consumer product demand of 2,000 brands and
160,000SKUs across every product size and color imaginable. This
forecasting solution integrates Amazon SageMaker models with
Teradata VantageCloud to leverage the performance of Teradata’s
analytics database, ensuring that the right products are in stock
and ready to ship when our customers want and need them. We look
forward to future integrations to unlock more AI use cases,
including around generative AI.”
“We are delighted to be working with Teradata to help our mutual
customers meet their evolving analytics needs,” said Chris Grusz,
Managing Director, Technology Partnerships at AWS. “Through this
collaboration, we can deliver greater flexibility by enabling
customers to migrate at their own pace and reduce data preparation
for AI initiatives.”
Expected customer benefits of the expanded SCA include:
- Fast, flexible cloud access Teradata and AWS provide a
complete cloud services and cloud management portfolio that give
enterprise customers fast, flexible access to the cloud. With
minimal risk and no application re-write needed, migrations are
done in weeks, not years. The two companies’ considerable success
at simplifying the use of Teradata VantageCloud on AWS motivated
renewed and enhanced investments in new offerings. This will
continue to empower a wide variety of users – including data
scientists, data analysts, line of business teams, IT, and DevOps –
to build new workloads and applications across the broad array of
AWS services, at enterprise scale in the cloud. The expanded SCA
has already led Teradata and AWS to strengthen product and
engineering collaboration to increase system availability and
provide a seamless experience for mutual customers.
- Accelerated, simplified access to cloud platforms through
AWS Marketplace Teradata is a top-ranked Data & Analytics
software provider in AWS Marketplace whose record driving AWS
consumption motivated both parties to expand the SCA. Under the
agreement, Teradata VantageCloud, including both Enterprise and
Lake editions, as well as Teradata AI Unlimited, will be offered in
AWS Marketplace. Teradata and AWS will continue to enhance customer
experience by allowing customers to consolidate purchasing by
subscribing directly through AWS and contributing to the draw down
on their AWS commitments.
- Industry cloud solutions delivering meaningful business
outcomes For organizations running on AWS, Teradata and AWS
have collaborated successfully to deliver ready-to-use reference
architectures and use case-specific recipes that leverage the power
and speed of Teradata VantageCloud to drive impactful business
outcomes. With Teradata’s proven industry experience and industry
logical data models, customers in key industries including
Financial Services, Retail, Health Care and Manufacturing are
increasingly benefiting from accelerated time-to-insight.
- Establishing a foundation for generative AI analytics use
cases Teradata and AWS’s product, engineering and data science
teams are leveraging the expanded SCA to develop the Teradata
VantageCloud integration with Amazon Bedrock that will power
customers’ most impactful and enterprise-grade generative AI use
cases. With enhanced funding for solution development, proofs of
concept and trial experiences, the new SCA will help ensure that
with VantageCloud on AWS, organizations can build a trusted data
foundation that secures buy-in from stakeholders and end users
across the enterprise. Not only can customers realize value faster
from early generative AI initiatives, they can also develop new AI
solutions with confidence that they will successfully leap the “POC
to production” gap and scale across the enterprise.
“Recognizing the great success we have had facilitating hundreds
of cloud migrations and transactions in AWS Marketplace, our
expanded SCA with AWS highlights our commitment to being a
cloud-first, customer-first company," said Michael Hutchinson,
Chief Customer Officer at Teradata. “This deepened collaboration
with AWS supports our customers as they embark on their AI and
cloud modernization journeys, providing a tightly integrated,
streamlined experience for customers using VantageCloud on
AWS.”
About Teradata
At Teradata, we believe that people thrive when empowered with
trusted information. We offer the most complete cloud analytics and
data platform for AI. By delivering harmonized data and trusted AI,
we enable more confident decision-making, unlock faster innovation,
and drive the impactful business results organizations need
most.
See how at Teradata.com.
The Teradata logo is a trademark, and Teradata
is a registered trademark of Teradata Corporation and/or its
affiliates in the U.S. and worldwide.
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January Machold January.Machold@Teradata.com
Teradata (NYSE:TDC)
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