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PayPal
PayPal, the global leader in online payment systems, decided to migrate from Oracle to Teradata. But rather than forklifting its financial performance management data model to the new platform, the company decided to completely re-engineer the model and focus on data quality.
"I'm absolutely convinced that the right strategy for PayPal was to go with re-engineering the data model," says Clay Stanley, PayPal's Director of Information Management and Delivery (IMD). "We are able to respond to ... market needs much faster than we ever could have had we forklifted that data model." Another benefit of the project is the ongoing partnership between IMD and the financial side of the business. "They've helped us improve our domain knowledge in the business (so we can) meet the needs of the rest of the business," Stanley says.
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Additional Resources |
Teradata.com -> Podcast -> Clay Stanley |
Podcast
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PayPal, Inc. migrated all of its reporting data from Oracle to a Teradata Warehouse with the goal of getting an enterprise view of data. Today, the system supports the company's full P&L reporting and according to Clay Stanley, Director of Information Management and Delivery, "We are fast becoming a victim of our own success." Hear how Clay and his team explore new ways to use the warehouse and deliver value to business users.
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PayPal Shares Best Practices |
Video Clips
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PayPal's migration from Oracle to Teradata was prompted by a goal to speed up the close process from three days to a single day, a goal that was unattainable using their legacy data wareohouse. Not only did the Teradata Warehouse allow PayPal to surpass their goal, but Clay Stanley, Director of Information Management and Delivery, says they're now better able to "...meet the needs of the rest of the business."
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