| 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.
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| 1998 |
Teradata was ported to Microsoft Windows NT.
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| 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.
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| 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.
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| 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.
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| 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.
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| 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.
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| 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.
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| 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.
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| 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.
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| 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.
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| 2008 |
Teradata introduced a new family of platforms addressing many customer needs, from entry-level to active enterprise-level, all with the proven power of the Teradata 12.0 database engine. The new, cost-effective platform family includes the Teradata 550 SMP (symmetric multiprocessing), a departmental data warehouse; the Teradata 2500, an entry-level data warehouse; and the Teradata 5550, an active data warehouse-class platform.
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