Author: Teradata

Feed: Teradata Blog. Many Teradata customers are interested in integrating Teradata Vantage with Amazon AWS First Party Services. This Getting Started Guide will help you to connect Teradata Vantage with AWS Kinesis service.  Although this approach has been implemented and tested internally, it is offered on an as-is basis. Neither AWS nor Teradata provide validation of Teradata Vantage with AWS services.  We encourage your feedback. We want to understand what you found useful and how we can improve this guide.   Please send your feedback to shamira.joshua@teradata.com and wenjie.tehan@teradata.com.  Disclaimer: This guide includes content from both AWS and Teradata product documentation.  Overview  AWS Kinesis is a streaming service that makes it easy to collect, process, and analyze real-time, streaming data.  Kinesis streaming data ... Read More

Feed: Teradata Blog. How do you optimize your entire supply chain?  How do you know you are economically balancing the costs of demand and supply fulfilment across the entire organization when each organization has different objectives and measures, and often maintains their own applications and data? This post will help you think about and answer these questions for your business.  The supply chain is like a river, flowing over rocks, around bends and frequently looking for the easiest path downhill.  Removing one rock or changing a branch of the river may provide improved flow at a given point but will ... Read More

Feed: Teradata Blog. * Article originally appeared in Nikkei Japan and has been translated into English.MS&AD Insurance Group, one of Japan’s leading insurance and finance groups, established the promotion of digitalization as an important strategy in its “Vision 2021” medium-term management plan that was launched in 2018, and since then the whole group has been engaged in digital transformation. Mitsui Sumitomo Insurance Group (hereinafter “Mitsui Sumitomo”), which is the core company of the group, is implementing a new structure to improve customer experience value by leveraging data. Shinichiro Funabiki, who until last year was spearheading digital transformation as the group’s CDO ... Read More

Feed: Teradata Blog. Chris, a top-rated data scientist at ACME Bank, is responsible for supporting one of the key corporate business initiatives for increasing the number of per-customer bank services. He had created multiple predictive models, using a proven open source predictive algorithm, against a set of sample data. The models include the customers’ transactional behavior and more importantly, the potential for cross selling other bank services to customers. He trained and validated the models and was confident that the models will be effective in achieving their goals once they are scored against every customer data in production. Mission accomplished?  ... Read More

Feed: Teradata Blog. It’s been about a year since I last wrote about Legacy and modern architectures and what a year it has been! We have seriously changed our working culture adapting to the impact of COVID-19 and the need for social distancing. Those in-person meetings were replaced with video conferencing. We learned to adapt to those pesky interruptions – surprise spouses, kids, pets joining the video calls as well as the technical difficulties which would often occur (Am I on mute?). Reflecting back on the change which has impacted information and analytics, it has also been a wild adventure. In 1979 ... Read More

Feed: Teradata Blog. At Teradata, corporate social responsibility is a core tenet of how we do business. While integrity remains a cornerstone of our operating principles, we also feel obligated to take a responsible view of how we can and should impact the world we live in. A strong commitment to Environmental, Social and Governance (ESG) ethos requires an approach that is not only anchored in our core principles but also one that considers how we can provide both short- and long-term sustainable value. Accordingly, we remain focused on making meaningful ESG commitments across our entire value chain. Corporate Citizenship, a Calling!When ... Read More

Feed: Teradata Blog. There is an emergence of bullish outlooks for payments acquiring globally. This is evidenced by the merchant acquirer Price to Earning valuations which are now in line with top technology company valuations, including Apple, Facebook, and Google — highlighting investors’ high expectations for future growth and profitability. (See Figure 1 for select company valuations).   Figure 1: Payment acquirers are outpacing their industry peers Traditionally, the acquirer’s primary product had been merchant processing and services and were generally treated as a cost centre within a bank.   Figure 2: Foundational core capabilities of traditional acquirer However, as the payment industry undergoes secular ... Read More

Feed: Teradata Blog. The COVID-19 Pandemic has disrupted businesses worldwide with numerous organizations opting for a Work-From-Home policy for their employees. Teradata, one of the world's most ethical companies, also enforced WFH throughout its offices globally to ensure employee well-being. As employees continue to work from their homes, Teradata’s Pandemic Response Team (PRT) continuously monitors the situation and will decide when to reopen the offices worldwide. To support the decision-making, a team of data scientists at the company developed an analytical solution to quantify and predict the rate of disease spread in regions where Teradata offices are situated. In this ... Read More

Feed: Teradata Blog. Over the past few blogs, we’ve explored creating a consistent digital thread to connect every aspect of the value chain. Integrating data from R&D to customer experience and the after-market can deliver stand-out returns for auto companies. But how to go about it? We’ve seen how department-level analytics add some value, but also can allow costs to multiply as systems and models are duplicated. We have also discussed how integration of data across the whole enterprise can have radical impacts on agility – enabling profitability and growth. But building an inter-departmental data set is hard. Relationship status ... Read More

Feed: Teradata Blog. One of the greatest business visionaries of recent times, former CEO Andy Grove of Intel, believed that “only the paranoid survive” in the context of relentless innovation. Part of Intel’s great success was anticipating and meeting market demand, especially when it came to chip design. The survival sentiment is one that clearly applies to Open Banking – a reality that rewards institutions competing to remain relevant. There are rumblings that Open Finance and Smart Ecosystems are on their way. But it’s most important to understand how a banking institution needs to orient itself in this new playing ... Read More