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  • admin 9:51 am on January 20, 2017 Permalink
    Tags: , , , Identified, , Number, Providers, Technology,   

    Teradata Identified as Number One Technology Leader in the Field of Big Data Analytics Providers 

    Entering 2017, Information Difference finds Teradata again leads all vendors in customer satisfaction – and a leader in market strength
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  • admin 9:47 am on September 19, 2016 Permalink
    Tags: , , , , , Computer, , Provides, , , , Technology, , Workloads   

    Computer Technology Review, New Teradata Borderless Analytics provides seamless shifting of analytic workloads across hybrid clouds 

    Teradata Press Mentions

     
  • admin 10:04 am on July 28, 2016 Permalink
    Tags: , Assurance, Columbus, , Family, , , , Technology,   

    American Family Life Assurance Company of Columbus Selects Teradata as Technology Partner 

    American Family Life Assurance Company of Columbus Selects Teradata as Technology Partner. Will update enterprise systems to adapt to big data requirements and opportunities, provide richer data insights.
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  • admin 9:48 am on January 12, 2016 Permalink
    Tags: , , , , , , Technology   

    Future ready retail and the role of technology data and analytics 


    Teradata Articles

     
  • admin 9:48 am on December 24, 2015 Permalink
    Tags: , , , , Technology,   

    Four data technology trend predictions for 2016 

    Teradata Press Mentions

     
  • admin 9:55 am on December 1, 2015 Permalink
    Tags: Accounting, , , Process, Technology, Utopia   

    A One Day Accounting Close? Utopia via People, Process, & Technology 

    The pressure for an accelerated accounting close can be relentless, as evidenced by the $ 1.3 billion Toshiba accounting scandal this spring. The electronic manufacturing giant admitted it had overstated profits by $ 1.3 billion going back to fiscal 2008/2009. An accounting probe in July led to the CEO and several board members resigning and a 30 percent slide in shares of Toshiba stock, and found that the company suffered from dysfunctions in governance.

    As senior financial leader Doug Ryan has said, the theoretical, achievable limit for the monthly accounting close is one day. That might be achievable for every business regardless of size, industry, or consolidation complexity in a near-perfect world with unlimited resources, but as we know, that utopian world doesn’t exist.

    Conventional wisdom generally pegs an optimal accounting close period at five business days. For companies who have overcome some of the more common hurdles to meeting that goal—such as cluttered or poorly defined accrual processes or an inability to track results on at least a near real-time basis—most find that each close process reduction is never enough. Both public and private companies must fulfill multiple, complicated financial reporting packages quickly and efficiently, while balancing competing internal and external reporting requirements and deadlines. Simultaneously, senior management needs fast, transparent close results that deliver meaningful insight that can guide their decisions.

    No Single Technology Is a Silver Bullet
    Technology can certainly help overcome some of these challenges, but it’s no panacea. There are many companies who install a helpful point solution or even an analytic database, score a quick win, and then find themselves facing new calls for close-process transformation within less than a year because they only accounted for technology and not people and processes. In my experience helping major enterprises optimize their close processes, a sustainably successful approach starts with recognizing the limits of technology.

    I see many data-driven finance departments using a single data repository to accelerate and lower the cost of monthly close processes. A single repository provides business units with faster access to local results, which simplifies local reporting requirements and prompts early error identification and correction. Business units spend less time reviewing because they have earlier visibility throughout the month. The corporate consolidations process is simplified through accessible transactional and sub-ledger details, which reduces the need to ask the field to clarify results.

    As important as these technical enablers are, technology is ultimately only one-third of the close-to-report cycle equation. A successful, holistic approach must account for people, process, and technology. How does your company rate on these close-to-report cycle dimensions?
    People
    • Are roles and responsibilities in the accounting organization clearly aligned to every stage of the close process?
    • Are the events in the close calendar defined in a way that clearly assigns accountability back to specific individuals/roles?
    • How clearly is communication coordinated across all those involved in each stage of the process?
    Process
    • Are the activities throughout the close properly sequenced?
    • Is the process obstructed by manual steps occurring outside of the transactional-processing and reporting systems?
    • Are issues identified and analyzed in a way that resolves root causes?
    • Are the same processes/steps performed “because we’ve always done it that way” without questioning why?
    Technology
    • Are current technologies fully utilized?
    • Are employees sufficiently trained and knowledgeable in the technologies that enable their part of the close process?
    • Can current technologies enable reduced “time to insight” through real-time or near real-time views of actual results?

    Technology will always matter, but it is most “sticky” when applied as part of a holistic approach. Companies like Toshiba looking to rectify breakdowns in their close processes and related governance mechanisms need to address the people, process, and technology factors that enabled such materially inaccurate reporting in the first place. In every company’s drive to accelerate the close process and head off a similar crisis, finance departments must think comprehensively if they hope to shorten the distance between reality and utopia.

    jay humphries bloggerJay Humphries is a Senior Pre-Sales Practice Manager within Teradata’s Data Driven Finance Center of Expertise. In his current role, Jay is focused on the intersection of finance, accounting and analytics in the Manufacturing and Oil & Gas industries. Prior to Teradata, Jay served in many roles to help organizations become more technology and data-driven, in areas such as management consulting, strategy, process improvement and ERP implementations.

    The post A One Day Accounting Close? Utopia via People, Process, & Technology appeared first on Data Points.

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  • admin 9:53 am on November 14, 2015 Permalink
    Tags: , , , , Technology, These, ValueAdding   

    Investing in New Technology? Don’t Forget These 5 Value-Adding Steps 

    By Data and Analytics Staff

    IT departments are always on the lookout for the latest and greatest technological advance that will change the way their company works. But striking a balance between IT’s desire to implement a new technology, and the impact of said technology on the company’s bottom line, often can be tricky. For organizations in the processes of determining whether or not big data is right for them, comes the important task of identifying value.

    This is why the Teradata Business Value Services team offered some helpful insights to attendees of the annual Teradata Partners Conference last month. Determining the business value of a certain technological undertaking can be a hefty load. During the process, it’s important to consider current environments, processes, and pain points to help nail down exactly what the new technology should be and, more importantly, what it should be achieving. It’s important for organizations to project what could be achieved in the future, and remain focused on identifying those potential future benefits.

    Data Points, Teradata, Investing in new tech ID bus value

    There are certain steps that can be taken to ensure that ROI is successfully realized and captured, and that the whole organization is driven to create business value:

    1. Prepare and Plan. While it may seem like an obvious first step, too often companies attempt to dive head-first into a new business technology, without proper preparation. In this stage, organizations should take a step back to get a better understanding of what’s going on within the business, collecting important data to further prove the need for a new technology project or improvement. This could be financial data of the company to-date or business data that will give IT leaders a better sense of what shape the company is in and where further technology investment can take it.
    2.  Evaluate and Recommend. Once this pertinent data is compiled, take the time to digest all of the information, make sure it’s understood, and double-check that all the necessary information has been collected in order to put together a solid business case, including metrics, for the project to come. Backing new IT projects with fact-based recommendations surrounding business needs and the current environment can help to validate the business value to the C-suite.
    3.  Educate the Business. It’s important for executives and decision makers to be educated on a new initiative so that IT can gain a better understanding of whether or not an idea under consideration makes financial sense for the company as a whole. The marriage of IT to business and finance departments is important, and educating the masses is crucial. IT should be listening to the needs of the businesses from the very start to deliver value to the organization, not just new technology.
    4.  Develop a Roadmap. Various business improvement opportunities can be achieved by understanding, articulating and quantifying the impacts of a new project. Developing a project roadmap makes it easy to prioritize opportunities and optimize results.
    5.  Refine and Confirm. Once a new program, project or technology has been implemented, people often take a back seat and let it run its course. But when an organization is making such a critical investment it’s crucial to track these processes and make sure they’re reaping the planned value. Teams should start with a solid foundation of metrics upon implementation to make regular analysis a smooth process, and use those metrics to adjust if goals aren’t being met.

    By taking these steps, IT teams can better understand the long-term value of a new technology advancement and work to convey that message to the C-suite and the organization overall. By taking an inclusive approach to a technology investment, IT teams are able to display business value, upfront, and make effective technology use a reality for their organizations.

    The post Investing in New Technology? Don’t Forget These 5 Value-Adding Steps appeared first on Data Points.

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  • admin 9:55 am on September 23, 2015 Permalink
    Tags: , Combine, , , , , Technology,   

    PARTNERS 2015: Where Marketing And Technology Combine To Help You Drive Value 

    Breaking BadMarketers are known for “breaking out,” “breaking away” and “breaking the mold.” Next month, Teradata wants you to break something new. We want you to start “Breaking Big.”

    “Breaking Big” is the theme for Teradata’s PARTNERS 2015, where business, marketing and technology leaders come together to learn and share the latest strategies and tactics for optimizing the use of data. The theme represents:

    • Change. “Breaking Big” is about moving away from a conventional “big data mindset.” It’s time to rethink all that and embrace what’s new – and what’s next.
    • Control. Let’s face it: Big data is going to continue to get bigger… and bigger. You need to shift your focus from that to more important issues, like how you can make data work harder. How can you get more value from data? (Come to PARTNERS 2015 and find out!)
    • Marketing’s evolving role. Data driven marketing and the Internet of Things are ushering in a new era, one when technology, people and things can interact in ways that enhance the customer experience and ultimately, drive revenue.

    At PARTNERS 2015, we’ll be “Breaking Big” as we explore today’s hottest marketing topics, a list that includes the integrated marketing cloud, omni-channel marketing, digital marketing, marketing resource management and of course, individualized marketing.

    Here’s just a small sampling from the 200+ content sessions:

    • Managing Technical and Organizational Change, the Drive Towards Data Driven: Being “data-driven” is often easier said than done. It requires a vision. It requires a goal-state. It requires direction. And, it requires change. That required change is both technical and organizational in nature. Which is most sweeping? Which is most pressing? Which is most difficult to manage? That all depends on which part of being data-driven you’re trying to address. This session will address the four foundational components of data-driven marketing and the technical and organizational challenges uniquely associated to each of these components.
    • Sequencing The Steps To Real-Time Relevance: On their own, traditional marketing campaigns are ineffective, and in order to meet ever-increasing customer expectations, successful marketers must leverage real-time analytics and insights to orchestrate contextually relevant interactions. The challenge is to align highly personalized outbound communications with customer-driven inbound interactions throughout the customer life-cycle. This presentation will: explore contextual marketing requirements and enablers, address barriers that prevent contextual marketing evolution, provide tangible steps toward realizing real-time relevance, and share case studies of successful contextual marketing engines.
    • Delivering an Integrated Digital Experience to Engage Individuals: Today’s consumers do not differentiate how they digitally communicate with a brand, but they do expect a consistent experience across all digital touch points. Email, SMS, social networks, mobile push and advertising to the end customer all need to work in concert, and in this session, attendees will learn how Teradata Digital Marketing Center can help marketers achieve consistency through a unified approach for their digital strategy.

    See all the PARTNERS 2015 sessions and speakers here.

    As you know, data now expands to every corner of the enterprise. PARTNERS does, too. This year, the majority of the 5,000 seasoned data professionals in attendance will come from outside of traditional IT and tech roles. This conference attracts the world’s brightest executives, marketers, business analysts, data scientists and technologists – and they’re dedicated to sharing information, ideas, and all things related to data.

    Are you ready to start “Breaking Big?” Please join us for PARTNERS 2015 in Anaheim, CA, October 18-22.

    The post PARTNERS 2015: Where Marketing And Technology Combine To Help You Drive Value appeared first on Teradata Applications.

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  • admin 9:56 am on July 31, 2015 Permalink
    Tags: , , , Technology   

    Advanced Technology in a Compact Appliance  

    by Brett Martin
    Data Warehouse Appliance_high res_paintLeveraging advanced new technologies, Teradata continues to progress its 2000 series appliances by delivering a compact, yet powerful, data warehouse. The Teradata® Data Warehouse Appliance 2800 is more environmentally friendly, data center compatible and technologically advanced than its predecessor. Betsy Huntingdon, product marketing manager for Teradata hardware platforms, talked to Teradata Magazine about the benefits, enhancements and capabilities of the new offering and how it compares to the 6000 series.

    In what ways has the 2000 series evolved over the last few years?

    Huntingdon: When it was introduced six years ago, the 2000 series was viewed as an entry-level data warehousing platform for decision support systems, fast scans and CPU-intensive workloads. Or it was used as a complementary platform to the 6000 series for test and development, ELT offload and disaster recovery.

    As the database and node technology progressed and the Teradata Integrated Workload Management capabilities vastly improved with SLES 11, the 2000 series has grown into an extremely capable IDW [integrated data warehouse]. Many customers are currently using it as a production data warehouse to run their business.

    Why is this line of appliances unique?

    Huntingdon: The full-featured Teradata Database is designed for data warehousing for any size business and offers high performance, scalability and reliability. The database features the industry’s best optimizer as well as temporal and columnar capabilities. Plus, it was built to be a massively parallel, shared-nothing solution from the beginning.

    Teradata uses robust hardware from industry-leading vendors, including the latest Intel® processors, modular storage and BYNET® V5 on an InfiniBand interconnect, for the most reliable and available platforms. Teradata Workload Management supports high concurrency and mixed workloads.

    What’s new in the 2000 series?

    Huntingdon: The latest member in the series is the Teradata Data Warehouse Appliance 2800—a very powerful, enterprise-class IDW that is a significant improvement over the 2750 model in terms of technology, footprint and performance. The 2800 model uses the latest Intel processors for faster performance, while a combination of thinner nodes and denser storage enables twice as many nodes and storage arrays in a single base rack.

    These improvements allow Teradata to pack more than twice the compute power and data capacity in the same footprint as the previous model. Plus, a second production 2800 system or up to two Teradata Data Mart Appliance 680s can be installed in the cabinet. Customers also have the option to install Teradata Managed Servers and BAR [backup, archive and restore] storage hardware. 

    You mentioned technology improvements. Can you give us the highlights?

    Huntingdon: The innovative double-density AssuredSAN® Ultra48™ storage platform from Dot Hill provides more than two times the drive slots in a cabinet, which allows more I/O and customer data capacity. The 2800 model will be the first to offer global hot spare drives to facilitate greater uptime, and the appliance also has the latest 1U Intel Grantley Node with the Intel Xeon® dual 14-core Haswell CPU to enhance performance. Haswell, with updated vector instructions, when combined with Teradata Database 15.10, will offer more efficient processing of computations in memory and query pipelining. Also, new DDR4 memory allows approximately 10% to 15% faster access to data in memory. All of this will lead to increased query throughput.

    The 2800 model has a new software compression algorithm that enables higher data capacity. It also has two configuration options: a higher performance configuration with RAID 1 data protection, and a higher capacity option with larger drives and RAID 6 data protection.

    What is the role of the Data Warehouse Appliance 2800 in the Teradata Unified Data Architecture™?

    Huntingdon: The appliance serves as an IDW enabling a single view of the business and cross-functional analysis of shared, consistent and centralized data. Data doesn’t have to be shipped around and copied to multiple systems. Instead, it can be loaded just once into the IDW and then used from various access points. This centralization cuts costs, both in hardware and in time to support and maintain the system, giving the IDW the lowest cost of ownership on a price per query, price per use and price per application basis.

    Where does the new appliance fit into the Teradata Platform Family?

    Huntingdon: It fills a need for a basic, yet powerful, enterprise-class IDW for organizations that do not require a lot of applications or features. For companies that want more capabilities, the 6000 series offers nearly unlimited users, apps and types of workloads, including active data warehousing. It also offers hybrid storage, which is necessary for some organizations to meet their performance SLAs.

    Can you give us a comparison between the two series in terms of users and workloads?

    Huntingdon: The 6000 series supports the very highest number of users and applications, while the 2000 series, since it runs the same database, is also capable of supporting a high quantity of users, just at a lower concurrency. The Teradata Active System Management [TASM] on the 6000 series supports full active data warehousing, plus the combination of operational and strategic workloads at the same time.

    The 2000 series is configured in a CPU-rich manner with a smaller number of disk drives per node. This enables fast scan rates since there is less data for the CPU to grind through. The ideal workload is standard reporting. In addition, CPU heavy or computationally intensive workloads such as iterative analytics, aggregations and data mining are also a good fit.

    The 6000 series is the most balanced and optimally configured platform from Teradata in terms of CPU to I/O for tackling any type of workload, which can be CPU or I/O heavy. It is an extremely powerful platform that can handle any type of workload and accommodate any number of users or applications. Its workload sweet spot is a lot of tactical, real-time queries with stringent performance requirements combined with traditional strategic decision support work. Users for the 6000 series have a tremendous need for a high volume of analytics, scalability, high performance, a lot of users and applications, and high concurrency. Their workloads are mixed and complex, with thousands of users across multiple functions and departments.

    For investment protection, the coresidence feature in the 2000 series means that while two generations of those platforms can run together, the second or newer generation will run at the same speed as the original platform, which is usually slower. The 6000 series has coexistence, which means it runs at full speed with up to three generations of nodes. Both solutions offer specific advantages to businesses, depending on their needs.

    Brett Martin is the editor-in-chief for Teradata Magazine. 

    Read this Q&A and more in the Q2 2015 issue of Teradata Magazine.

     

     

    The post Advanced Technology in a Compact Appliance  appeared first on Magazine Blog.

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  • admin 10:33 am on July 20, 2015 Permalink
    Tags: , COVITS, , , , , Technology   

    COVITS 2015 Government Technology and eRepublic VA Digital Summit 

    Government Technology’s passion is helping spread best practices and spurring innovation in the public sector. COVITS is designed to do just that. The summit has an advisory board that gathers public- and private-sector leaders to create an agenda designed to make that passion relevant and actionable to the state and local government organizations attending the summit.
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