NEW YORK and SAN DIEGO, June 1,
2021 /PRNewswire/ -- Today Deloitte and Teradata
(NYSE: TDC) announced a joint initiative to help mutual
customers migrate their on-premise data management and analytics
environments to the Teradata Vantage multi-cloud data platform.
Deloitte, a preferred systems integrator for Vantage, will
collaborate with Teradata to take the complexity out of data
migration and equip organizations with the advanced capabilities of
the future on cloud.
"The future of enterprise business requires enhanced speed,
agility and innovation which is central to the capabilities of a
cloud data analytics platform and a core piece of the Teradata
Vantage platform that has distinguished them as a leader in the
industry," said Ashish Verma,
managing director, Deloitte Consulting LLP, and Data and Analytics
Modernization lead. "Together with Teradata, we've built a
modernization strategy that allows new and existing Teradata
customers to tap into the power of cloud and to efficiently
orchestrate their data workloads seamlessly, at scale on Teradata
Vantage."
Deloitte and Teradata will leverage the power of hybrid,
multi-cloud environments allowing joint customers to simplify their
ecosystem into a single cloud-based data analytics platform.
Teradata Vantage has been recognized as an industry leader by both
Gartner and Forrester Research. Coupled with Deloitte's proven
track record of digital transformation and data modernization
success for enterprise organizations, joint clients will experience
a seamless, rapid migration from on-premise platforms to the cloud,
while eliminating the data silos that cost organizations
significant time and resources. The ability to migrate from
Teradata's on-premise to cloud-based Vantage platform opens the
opportunity for quick, seamless cross-functional data sharing
across any department, at any time.
"To accelerate their digital transformation and deliver
enterprise-wide business outcomes, companies need the
cloud-based, high-scale data platform that efficiently analyzes
data from multiple sources — Teradata Vantage uniquely provides
this, with the best cost per query," said Pascal Mazure, SVP, Worldwide Alliances and
Partners at Teradata. "Deloitte's deep understanding of Teradata
technology made them a natural choice for this enhanced
relationship, and we expect our mutual customers to benefit from
this new low risk, rapid migration path to the cloud. In the end,
customers gain the support of two giants in the enterprise data
management space — both committed to accelerating business outcomes
with agility and innovation."
Teradata Vantage is the connected multi-cloud data platform for
enterprise analytics. It enables ecosystem simplification by
unifying analytics, data lakes and data warehouses. With Vantage,
enterprise-scale companies can eliminate silos and cost-effectively
query all their data, all the time, regardless of where the data
resides — in the cloud using low-cost object stores, on multiple
clouds, on-premises or any combination thereof — to get a complete
view of their business. Through its strategic collaboration with
Deloitte, Teradata customers can seamlessly combine Vantage with
first-party cloud services to expand their cloud ecosystem with
deep integration of cloud-specific, cloud-native services.
For more information on Deloitte's migration capabilities for
Teradata Vantage, please visit
https://www2.deloitte.com/us/en/pages/strategy-operations/topics/strategy-and-analytics-consulting.html
About Teradata
Teradata is the connected multi-cloud
data platform for enterprise analytics, solving data challenges
from start to scale. We help businesses unlock value by turning
data into their greatest asset. See how at teradata.com.
About Deloitte
Deloitte provides industry-leading audit, consulting, tax and
advisory services to many of the world's most admired brands,
including nearly 90% of the Fortune 500® and more than 7,000
private companies. Our people come together for the
greater good and work across the industry sectors that drive and
shape today's marketplace — delivering measurable and lasting
results that help reinforce public trust in our capital markets,
inspire clients to see challenges as opportunities to transform and
thrive, and help lead the way toward a stronger economy and a
healthier society. Deloitte is proud to be part of the largest
global professional services network serving our clients in the
markets that are most important to them. Building on more than
175 years of service, our network of member firms spans more than
150 countries and territories. Learn how Deloitte's more than
330,000 people worldwide connect for impact at
www.deloitte.com.
Note to Investors
This release contains
forward-looking statements within the meaning of Section 21E of the
Securities and Exchange Act of 1934. Forward-looking statements
generally relate to opinions, beliefs and projections of expected
future financial and operating performance, business trends, and
market conditions, among other things. These forward-looking
statements are based upon current expectations and assumptions and
involve risks and uncertainties that could cause actual results to
differ materially, including the factors discussed in this release
and those factors described from time to time in Teradata's filings
with the U.S. Securities and Exchange Commission, including its
annual report on Form 10-K for the year ended December 31, 2020 and subsequent quarterly
reports on Forms 10-Q, as well as the Company's annual report to
stockholders. Teradata does not undertake any obligation to
publicly update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise, except
as required by law.
Deloitte refers to one or more of Deloitte Touche Tohmatsu
Limited, a UK private company limited by guarantee ("DTTL"), its
network of member firms, and their related entities. DTTL and each
of its member firms are legally separate and independent entities.
DTTL (also referred to as "Deloitte Global") does not provide
services to clients. In the United
States, Deloitte refers to one or more of the US member
firms of DTTL, their related entities that operate using the
"Deloitte" name in the United
States and their respective affiliates. Certain services may
not be available to attest clients under the rules and regulations
of public accounting. Please see www.deloitte.com/about to
learn more about our global network of member firms.
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SOURCE Deloitte Consulting LLP