Category: Teradata

Feed: Featured Blog Posts - Data Science Central. Author: Prolay Ghosh. Introduction: This article can help companies to step into the Hadoop world, move an existing Hadoop strategy into profitability or production status. Though they may lack functionality to which we have become accustomed, scale-out file systems that can handle modern levels of complex data are here to stay. Hadoop is the epitome of the scale-out file system. Although it has been pivoted a few times, it’s simple file system (HDFS) persists, and an extensive ecosystem has built up around it. While there used to be little overlap between Hadoop ... 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

Feed: Teradata Blog. The constant cycle of analysing your assortment, and then overlaying it with choosing your base line pricing, promotional pricing, and personalisation prices to drive sales is relentless in the Retail and CPG world. Deciding to go Hi-Low, Every Day Low Prices (EDLP) or a Hybrid approach, whether your company is going to be a leader vs. a follower, and how easily you’re able to link every activity together is a fine art that most struggle to truly make the most of. Partly because each team tends to work in each own silo, often due to clashes between ... Read More

Feed: Actian. Author: Teresa Wingfield. Part 2: Cloud Service SecurityIn my previous post on modern data warehouse security, we looked at issues related to database security. This post will focus on the separate, but related issue of cloud service security, which is increasingly important since nearly half of all data warehouses are hosted in the cloud.[1] The economics of the cloud, the agility with which you can build out and modify services, and the potential to scale almost infinitely continue to accelerate the adoption of cloud data warehouses. As I did in my database security post, I’ll run through some ... Read More