The Home Depot Selects Teradata Enterprise Data Warehouse - 10/20/2009
Leading global retailer to take a centralized, enterprise approach to business intelligence
WASHINGTON — Teradata Corporation (NYSE: TDC), the world’s largest company solely focused on data warehousing and enterprise analytics, announced today that The Home Depot®, the world's largest home improvement retailer, has selected the Teradata Active Enterprise Data Warehouse to support its complex and growing enterprise information requirements.
In moving to the Teradata solution, The Home Depot will consolidate multiple decision support systems into one centralized Enterprise Data Warehouse, which will reduce the complexity of their current IT environment, improve efficiencies, and improve business insight by enabling faster decision-making. The new intelligence platform will enable detailed analysis of enterprise data pertaining to sales, inventory, cost and merchandise management.
“Our IT improvements are dedicated to creating more time for our associates to focus on customer-facing activities, and the implementation of Teradata’s solution will benefit our entire organization,” said Matt Carey, executive vice president and chief information officer, The Home Depot. “Teradata’s value proposition and leadership in data warehousing platforms, software and services were critical in our decision to select them as our partner. They have always been a champion of an integrated, centralized approach, and we look forward to seeing the efficiency gains that are sure to follow.”
“We are deeply gratified to have The Home Depot join the global Teradata customer community,” said Rocky Blanton, president, Americas region, Teradata Corporation. “The selection of Teradata by yet another great retail market leader represents the confidence that the most forward-thinking CIOs have placed in the solutions we take to market across the world.”
About The Home Depot
The Home Depot is the world's largest home improvement specialty retailer, with 2,242 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces, Mexico and China. In fiscal 2008, The Home Depot had sales of $71.3 billion and earnings from continuing operations of $2.3 billion. The Company employs more than 300,000 associates. The Home Depot's stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor's 500 index.
Teradata Corporation (NYSE: TDC) is the world’s largest company solely focused on raising intelligence through data warehousing, data warehouse appliances, consulting services and enterprise analytics. Teradata is in more than 60 countries and on the Web at www.teradata.com.
Teradata is a trademark or registered trademark of Teradata Corporation in the United States and other countries.
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