History

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View Teradata's Interactive History Timeline

1976 to 1979 The concept of Teradata grew out of research at the California Institute of Technology (Caltech) and from the discussions of Citibank's advanced technology group. Caltech showed "how;" the bank showed "why." The ideas came together in the winter and spring of 1979. Founders worked "out of the box" to design a revolutionary database management system for parallel processing with multiple microprocessors, specifically for decision support. The microprocessors, like horses, were harnessed to pull a large load rather than relying on one horse to do all the work.
1979 Teradata was incorporated on July 13, 1979, and started in a garage in Brentwood, Calif. The name Teradata symbolized the ability to manage terabytes (trillions of bytes) of data. The founders spent the next year raising financing. A seed round of $150,000 closed in March 1980, which allowed design and patent work to begin in earnest.
1980 The first VC round, for $2.5 million, closed in July 1980, which let the company hire the R&D team.
1983 The first beta system was shipped to Wells Fargo Bank just in time for Christmas.
1986 Fortune magazine named Teradata "Product of the Year." First profitable quarter (ending June).
1987 Teradata IPO in August.
1989 Teradata Corporation partnered with NCR Corporation to build the next generation of database computers.
1991 NCR was acquired by AT&T on September 19, 1991. In December of 1991, NCR announced its acquisition of Teradata.
1992 The first system over 1 terabyte (a trillion bytes) went live at Wal-Mart in January.
1994 Gartner named Teradata the "Leader in Commercial Parallel Processing."
1995 IDC consulting group named Teradata number one in MPP (massively parallel processing) in Computerworld magazine.
1996 A Teradata database was world's largest database with 11 terabytes (11 trillion bytes) of data. Gartner commented "...NCR's Teradata V2 has proven it can scale...," and The Data Warehouse Institute presented Teradata with its Best Practices Award in data warehousing.
1997 AT&T spun off NCR and, on January 1, 1997, NCR became an independent, publicly traded company once again.
Teradata introduced its first event-driven marketing solution, "Relationship Optimizer," a customer relationship management (CRM) software application co-developed with a major banking customer. 
The database of one of Teradata's customers was the world's largest production database with 24 terabytes (24 trillion bytes) of user data. Teradata received The Data Warehouse Institute's Best Practices Award and DBMS Readers' Choice Award. 
1998 Teradata was ported to Microsoft Windows NT.
1999 The database of one of Teradata's customers was the world's largest database in production with 130 terabytes (130 trillion bytes) of user data on 176 nodes.
NCR consolidated its data warehousing business into a separate operating division. 
2000 Teradata's first enterprise-class application for detailed customer profitability measurement, Value Analyzer (VA), was launched at Royal Bank of Canada, where it quickly became a documented success. Within nine months, VA was adopted by ten Teradata customers.
NCR acquired Ceres Integrated Solutions, a provider of customer relationship management (CRM) software, reconfiguring the tool into a new product named Teradata CRM.
Teradata acquired business partner Stirling Douglas Group of Canada, adding its Demand Chain Management (DCM) software to its growing family of enterprise-class analytical applications. DCM ensured efficient real-time inventory management via sophisticated forecasting capabilities leveraging detailed data from the Teradata Warehouse.  
2001 Teradata more than doubled the lines of code (1.6 million to 3.8 million).
Teradata introduced its Financial Management (FM) solution, an analytic architecture made up of hardware, software, professional consulting and support services. 
2002 Teradata launched Teradata Warehouse 7.0. It was the first time in the history of data warehousing that any vendor extended decision making beyond corporate management to all functions across the organization, optimizing operational and strategic decisions.
2003 More than 120 industry-leading companies migrated from Oracle to Teradata after the launch of the Oracle-to-Teradata migration program. 
Teradata University Network was created to advance awareness of data warehousing in the academic community. Nearly 170 universities from 27 countries were represented in the network. 
Teradata Customer Relationship Manager (CRM) Version 5.0 was released. 
2004 Teradata marked its 25th anniversary.
Teradata and SAP, the world's leading provider of business software solutions, announced a technology partnership agreement to deliver analytic solutions to industries with high data volume requirements.
Teradata and Siebel Systems, Inc. (now Oracle Business Intelligence), a leading provider of business applications software, announced a strategic partnership to immediately make available integrated and optimized products.
According to InformationWeek (September 27, 2004), Wal-Mart's "single, centralized 423-terabyte Teradata system is Wal-Mart's competitive advantage...enabling the same data set for both buyers and suppliers."
Teradata shipped the enhanced Teradata® Warehouse Miner 4.0 data-mining software and Teradata Profiler data-mining tool.
2005 Teradata launched Teradata Warehouse 8.1.
Teradata acquired DecisionPoint Software, rebranding it Teradata Decision Experts.
Teradata brought Linux operating system to enterprise-class data warehouses in addition to the existing choices of Windows® and its own UNIX operating system, UNIX MP-RAS. 
2006 Gartner positioned Teradata in the Leaders Quadrant for multichannel campaign management.
Teradata named one of the "Elite Global Information Technology Providers."
Teradata completed SAP® integration certification.
Teradata launched Enterprise Master Data Management (MDM) solution.
Teradata Warehouse 8.2 expanded the ability of customers to deliver real-time intelligence with faster performance, a significant volume of concurrent queries, high system availability, event monitoring, easy integration into the enterprise, simplified system management and unparalleled support of short operational as well as long strategic workloads.
Teradata shipped the NCR 5450 Server, which featured a boost of 18 percent in the price/performance ratio over previous models. It could coexist with six previous generations of servers and be operational in just hours.
Teradata Enterprise Risk Management solution was announced for financial services to provide centralized infrastructure and analytic capabilities to identify best opportunities for profitable growth while meeting regulatory requirements with confidence.
Microsoft Corporation and Teradata formed strategic alliance.
2007 NCR announced intention to separate into two independent companies to create two market-leading companies, NCR and Teradata, each focused on different businesses.
Teradata named best global data warehouse-business intelligence appliance vendor by Intelligent Enterprise magazine.
Teradata and DFA Capital Management Inc. announced partnership.
Agilent Technologies and Teradata established first-of-its-kind partnership to integrate network and customer data for telecommunications industry.
Teradata® Warehouse Miner 5.1 launched, enabling data-mining technology from multiple vendors to be embedded and run within the Teradata Enterprise Data Warehouse, helping businesses to predict the future. The open analytic environment expanded data-mining technology options while leveraging the Teradata database for in-database mining.
Teradata announced the availability of its Teradata 5500 Server, using approximately 75 percent less energy and coexisting with multiple generations of Teradata servers, thereby protecting the technology investment of customers.
More than 850 universities from nearly 70 countries were represented in the Teradata University Network.
Teradata completed its spinoff from NCR Corporation, and shares of its common stock began regular trading on the New York Stock Exchange (NYSE) under the symbol "TDC" on Monday, October 1, 2007.
Teradata launched Teradata 12, an innovative, advanced database delivering traditional data warehousing for strategic planning, along with usable intelligence to frontline operations throughout the enterprise.
Teradata announced a key strategic partnership with SAS involving deeper technical integration of their respective products and coordinated marketing, sales and services activities.
Teradata announced the availability of Teradata Relationship Manager, its newest marketing automation software portfolio.
2008 Claraview, a division of Teradata – with this acquisition, Teradata expanded its Professional Services capabilities.
Introduction of the Teradata Purpose-Built Platform Family, from the Teradata Active Enterprise Data Warehouse to the Teradata Data Warehouse Appliance, from the Teradata Data Mart Appliance to the Teradata Data Mart Edition. The Teradata Extreme Data Appliance breaks the affordability barrier to analyzing petabyte-sized data volumes, scaling to 50 petabytes and beyond.  
Teradata Petabyte Power Players announced – an elite group of five Teradata customers that have data warehouse environments exceeding one petabyte, processing tens and hundreds of terabytes per day. The first honorees include an online auction company with 5.0 petabytes of data in its Teradata environment; a retailer with 2.5 petabytes; two large financial service institutions with 1.5 and 1.4 petabytes respectively, and a manufacturer with a one petabyte data warehouse environment. In addition, there are 35 Teradata customers with over one hundred terabytes in their Teradata systems, and that number is increasing continuously.  
Teradata Labs became the first to unveil a working prototype demonstrating the innovative use of solid state disk (SSD) drives in a data warehouse environment at the 2008 Teradata PARTNERS User Group Conference & Expo. The SSD technology will offer more than two times improvement in performance and support blindingly-fast analytics, while also decreasing power consumption. Teradata anticipates that the incorporation of SSD technology will result in more than a 50 percent power savings.
Teradata Database 13.0 announced at PARTNERS 2008, leading the market with automated virtual storage, up to 30 percent performance improvement and 75 enhancements supporting active data warehousing.  
Teradata Accelerate launched November 2008. New packages bundle hardware, software and services for easy affordable “one stop data warehousing” to enable companies to rapidly deploy and quickly realize business value from their data warehouse investment. 
A fifth Teradata Global Consulting Center opened in the Czech Republic. 
Gartner, Inc. positioned Teradata in the Leaders Quadrant in its 2008 “Magic Quadrant (MQ) for Data Warehouse Database Management Systems (DBMS)” authored by Donald Feinberg and Mark A. Beyer (December 23, 2008). The annual report analyzes the current data warehouse DBMS market entering 2009; its growth pace, its vendors, and its offerings. The report is recognized as an authoritative document valuable in making database investment decisions.  
2009 Teradata ranked among “Intelligent Enterprise Dozen,” joining global elite that matter most to intelligent enterprises for seventh time.  
Teradata rated number one for current offering in first-ever enterprise data warehousing report from Forrester Research, a leading independent analyst firm. The ranking was released February 6 in “The Forrester Wave™: Enterprise Data Warehousing Platforms, Q1 2009,” authored by James Kobielus, senior analyst, data warehousing. 
Teradata and partner SAS announced the availability of two packages that put the power and speed of groundbreaking in-database analytics into the hands of companies seeking to improve the quality and timeliness of analytic-driven business decisions. The announcement was made at the annual SAS Global Forum event in Washington D.C. 
Teradata announced that it has revolutionized data warehouse management by allowing database administrators to rewind Teradata Viewpoint monitoring applications or portlets, and get a holistic picture of database activity at an exact point in time. Teradata is the only data warehouse provider that offers this type of differentiated “time travel” system management tool. Database administrators can now get a visual snapshot of database activity or performance at an exact point in time. This capability enables administrators to be more productive and focus on strategic activities that directly support business growth.  
Teradata and SAP announced expansion of their partnership to unleash rich value of business data for customers. SAP NetWeaver® Business Warehouse to run on the Teradata Database, integrating technologies to lower cost of ownership. Customers have asked for accelerated, unified access to detailed enterprise data for improved business visibility. To address this need, the partnership will deliver a seamlessly integrated and scalable solution that lowers total cost of ownership and consolidates data on one database platform. 
Teradata Developer Exchange connects digital data warehouse community in dynamic learning environment, unleashing the innovative and entrepreneurial spirit of the world’s leading developers. The web site supports a thriving and dynamic online data warehouse development community, connecting Teradata engineers, customers, partners and academics who are building and deploying solutions based on the market-leading Teradata platforms and database. 
Teradata ranked among BusinessWeek’s “InfoTech 100, the world’s best-performing tech companies” and Fortune’s 1000.
Teradata Database 13 released. 
Teradata Virtual Storage is the company’s newest data warehouse innovation, enabling customers to add storage capacity at very low cost and maximize performance. 
2010 Gartner, Inc. again positioned Teradata in the #1 Leaders Quadrant position in its “Magic Quadrant (MQ) for Data Warehouse Database Management Systems (DBMS),” authored by Donald Feinberg and Mark A. Beyer (Jan 28, 2010). The yearly report analyzes the data warehouse DBMS market, vendor vision and execution capabilities. The report encouraged decision-makers to ‘focus on design criteria regarding mixed workload demands, balanced system requirements and data optimization advantages.’ Teradata CMO Darryl McDonald noted Teradata’s recent innovations which include the introduction of a solid state system that delivers 150X speed as an engine for the world’s first hyper-analytic data warehouse, the Teradata Enterprise Analytics Cloud, a new geospatial solution, and the Teradata Purpose-Built Platform Family of appliances.
Teradata introduced the Teradata Extreme Data Appliance 1600, offering companies a complete, integrated appliance capable of the deep analysis of archival data four times faster than the previous generation. To meet the growing demand for deep analysis of massive data volumes, the Teradata Extreme Data Appliance scales from 29 terabytes up to more than 50 petabytes of data.
Introduced the new Teradata Active Enterprise Data Warehouse 5600, with a 65 percent jump in performance and enhanced capabilities to deliver real-time intelligence. It delivers real-time intelligence into the hands of front-line as well as strategic decision makers while supporting a large number of concurrent users. This is made possible by the powerful workload management capabilities of the Teradata Active System Manager software, allowing operational service level goals to be met consistently in a mixed workload environment.
Teradata was named “one of the world’s most ethical companies” by The Ethisphere Institute, in its fourth annual selection of the World’s Most Ethical Companies, highlighting 100 organizations that lead the way in promoting ethical business standards. According to The Institute’s announcement, “These companies go beyond legal minimums, introduce innovative ideas benefiting the public and force their competitors to follow suit.” Mike Koehler, Teradata CEO noted this honor was earned less than three years after becoming an independent publicly-traded company, and Teradata was one of only four software companies named. The top 100 were carefully selected from over 3,000 companies.
Teradata is again rated the leader in the global data warehousing DBMS server market, based on the Gartner Server Evaluation Model (SEM) Version 6. The evaluation model assesses data warehouse database management system (DBMS) server performance across multiple dimensions. Teradata regards its leadership position in the evaluation as significant for CIOs considering investments in data warehousing, because server query performance and manageability are key purchase criteria.
Teradata is again ranked in the Intelligent Enterprise 2010 Editors' Choice Awards. This is the eighth year Teradata has been included on the elite list of 12 technology providers that lead the way in innovation and business optimization.
2011 Teradata acquires Aprimo, a global leader in cloud-based integrated marketing software. Together, the two innovators will drive the future of integrated marketing, enabling corporations to optimize marketing performance with more detailed, comprehensive insights from a universe exploding with big data. The acquisition is a milestone in the execution of Teradata’s world-class applications business. The new applications business unit will be managed by Aprimo, based in Indianapolis.
Teradata introduces a worldwide FIRST, pioneering a new world of mixed, flexible storage on a unified architecture. The new platforms (6650 and 6680) will supercharge business analytics by mixing solid state drives and hard disk drives with virtual storage, for the optimum in price performance. The amazing thing is that our software actually automates the movement of data between different drives to ensure that the most important or “hot” data is immediately available to business users who need it in real time. “Cool” data is stored for later access. The new systems will enhance network security and better help detect cyber-threats among other powerful uses.
Teradata acquired Aster Data Systems, Inc., a market leader and pioneer in advanced analytics and the management of a variety of unstructured and semi-structured data. The combination of Teradata and Aster Data technologies will enable businesses to unlock the new intelligence hidden within the ever-growing volume of big data, an important emerging market. Big Data is a term applied to data sets whose size is beyond the ability of commonly used software tools to capture, manage, and process the data within a tolerable elapsed time. Examples of big data sources include web logs, sensor networks, social media, detailed data captured from telecommunications networks, astronomical observations, biological systems, military surveillance, medical records, photographic archives and video archives.
  Teradata Columnar is introduced, a transformative advance in database technology that fully integrates columnar and row-based tables. This allows users to mix-and-match columnar and row-based physical storage when it best suits an application, so that applications can access both row and column structured data allowing unmatched flexibility and performance.
Teradata introduces the Teradata Analytical Ecosystem, a comprehensive portfolio of hardware, software, and services that enables different Teradata systems to seamlessly work together to deliver analytics and greater insight to users so they can anticipate business opportunities and deliver faster business value. The newest enabler of the portfolio, Teradata Unity, synchronizes and unifies a company’s entire Teradata Analytical Ecosystem.
2012 Teradata announces that 2011 was the best year in its company history – with more revenue growth and new customers added than any single year in its history. Teradata also announced the global release of Teradata Database 14, with over 80 new features and 60 new built-in analytic functions, providing customers with transformational database technology to empower breakthrough business intelligence strategies.
Teradata announced the availability of the Teradata Active Enterprise Data Warehouse Platform 6690 which offers the newest generation of hybrid storage that further enhances the data warehouse’s capability to help companies make the best decisions possible. Teradata is the first vendor to provide customers with the optimized use of solid state drives (SSD) and hard disk drives (HDD), which is enabled by Teradata Virtual Storage™, its intelligent storage management software. The new hybrid storage-based platform meets a much broader range of customer analytic needs with expanded flexibility in the configuration and balance of SSD and HDD. The Teradata Active EDW supports robust strategic intelligence for long-range planning and reporting, and real-time operational intelligence for “front-line” employees.
Teradata acquires Munich-based eCircle, the European leader in cloud-based digital marketing. The company provides cloud-based solutions for social, mobile, web and email marketing and offers digital marketing professional services including opt-in lead generation, content creation and email services. These digital marketing applications will enhance Teradata’s Integrated Marketing Management strategy and enable marketers to deliver highly targeted, consistent and personalized campaigns that are integrated across all channels.
Teradata introduced its Aster SQL-H™ software, which is the first to offer business analysts a seamless bridge between standard business intelligence applications and big data sets stored in Apache™ Hadoop. Aster SQL-H is a significant advancement for business analysts trying to utilize raw, multi-structured data in Hadoop files to develop new insights. It creates a transparent bridge allowing business users to dig deep into data stored in Hadoop files so users don’t have to retool their traditional BI department or staff-up a new, expensive programming team. This is the first time in the industry that standard query language or SQL access can be transparently and seamlessly provided for Hadoop data
Teradata introduced its new Unity Loader with enhancements to Teradata® Unity™, a complete portfolio of integrated products that enable users to orchestrate a multi-system Teradata environment. The new Unity™ Loader, along with advancements in Unity™ Director, Unity™ Data Mover, and Unity™ Ecosystem Manager, automates and simplifies access for users. Teradata Unity enables high system availability, workload optimization, disaster recovery across any multi-system Teradata environment.
At the annual Teradata PARTNERS event in October 2012, the company introduced Teradata® Unified Data Environment™ and the Unified Data Architecture™. The Teradata Unified Data Environment is a framework for organizations to address all types of data and multiple Teradata systems. The Teradata Unified Data Architecture leverages the complementary value of best-in-class technologies from Teradata, Teradata Aster, and open source Apache™ Hadoop, to enable business users to ask any question, against any data, with any analytic, at any time.
Teradata introduced the Teradata Aster Big Analytics Appliance, which is the industry’s first unified big analytics appliance. The Teradata Aster Big Analytics Appliance brings together open source Apache Hadoop and Teradata Aster into a single highly- integrated and optimized appliance. With the Teradata Aster patented SQL-MapReduce and Aster SQL-H, the Teradata Aster Big Analytics Appliance provides users with transparent access to Hadoop and provides unique business analytics to a broad set of knowledge workers. The appliance offers pre-packaged ready-to-run analytical functions such as digital marketing optimization, social network analysis, fraud detection, and analysis of machine-generated data in just hours.
2013 Teradata finished 2012 with a solid fourth quarter performance, resulting in 15 percent constant currency revenue growth and 23 percent non-GAAP earnings per share growth for the full year – making 2012 another record year for revenue.
In early April, Teradata transitioned out the Aprimo name brand and added the new ‘Teradata Applications’ name as we introduced “Interactive Customer Engagement,” a new Integrated Marketing Management (IMM) offering that combines the power of multiple Teradata solutions to give marketers the ability to leverage and learn from digital and traditional data so they can engage customers and prospects with consistent, personalized messaging across multiple channels, strengthening the overall brand experience, building customer loyalty and driving revenue growth. Interactive Customer Engagement continues Teradata’s leadership in integrated marketing by bringing together big data analytics, data delivery, behavioral and contextual data and comprehensive predictive analytics, plus real-time messaging, to deliver enterprise customers the ability to disseminate relevant real-time messages across multiple channels.
Also in April, Teradata introduced the addition of two new components to the Teradata® Unified Data Architecture™, a fabric-based hyper-speed nervous system and a new core analytic brain - the Teradata Active Enterprise Data Warehouse 6700 platform. These innovations enhance the ability of organizations to exploit all their data regardless of its type - to know more, and do more to outpace their competition. The Teradata Unified Data Architecture, which was previously announced, brings together Teradata, Teradata Aster, and Hadoop technology as well as best-of-breed partner tools, to create a cohesive architecture. This new best-of-breed architecture makes Teradata the first vendor to provide a truly comprehensive framework to handle all types of data and any analytic techniques.
Teradata becomes the first IT company to offer business analysts streamlined, self-service, cost-effective access to Apache™ Hadoop for quicker and smarter strategic business decisions with Teradata® Enterprise Access for Hadoop. A part of the Teradata® Unified Data Architecture™, this new technology enables business analysts to reach through Teradata directly into Hadoop to find new business value from the analysis of big, diverse data.
With partner SAS, Teradata introduced the Teradata Appliance for SAS® High-Performance Analytics, Model 720. Jointly designed with SAS, the unique Teradata appliance provides an integrated platform that supports newly announced SAS High-Performance Analytics offerings and SAS Visual Analytics to significantly accelerate performance and minimize data movement and duplication.
In May, Teradata introduced Teradata Intelligent Memory™, an innovative database technology. Teradata Intelligent Memory™ creates the industry’s first extended memory space beyond cache that significantly increases query performance and enables organizations to leverage in-memory technologies with big, diverse data. The introduction of Teradata Intelligent Memory allows our customers to exploit the performance of memory within Teradata Platforms in a new way, and extends our leadership position as the best performing data warehouse technology at the most competitive price.