Teradata, a publicly owned company headquartered in the US, was founded in 1979 and employs approximately 10,790 individuals. The company specializes in software development, offering a connected multi-cloud data platform designed for enterprise analytics.
Teradata recently implemented a freeze on raises and reduced its workforce, subsequently shipping its AI Studio product, according to an August 21, 2026 report. This follows Seven West Media ending its more than decade-long data management supplier relationship with Teradata on August 19, 2026, migrating data from Teradata Vantage Cloud SaaS to a new architecture combining Salesforce, Databricks, and Snowflake. Earlier, on August 12, 2026, Teradata's Board of Directors approved and entered into an Indemnification Agreement with its directors and executive officers. On August 14, 2026, Teradata reported second-quarter 2026 results, showing revenue of US$410 million and net income of US$46 million, while updating full-year guidance to relatively flat revenue but higher GAAP diluted EPS of US$4.43 to US$4.51. At the same time, the company launched its Data Analyst Agent on Amazon Web Services Marketplace and added experienced technology executive Bernd Leukert to its expanded Board.
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