Feeds

Teradata keeps warehousing money

Shrugs off economy and rivals

Beginner's guide to SSL certificates

Teradata appears to be surviving a global economic slowdown that's affecting some of its largest customers.

The data warehouse maker this week reported second quarter revenue of $455m - a 6 per cent rise over the same period last year. (Although, that increase does include five percentage points worth of benefit from currency translation.) And Teradata's net income came in at $69m, which marks a healthy gain from $49m in 2007's second quarter. Gross margin for the period was 54.7 per cent versus 53.5 per cent.

Teradata has been under a tremendous amount of pressure since departing the cozy confines of former parent NCR last year. For one, the big boys, including IBM, Oracle, HP and Microsoft (which just bought DatAllegro), want to eat away at Teradata's lucrative data warehouse business, and a ton of start-ups would like to do the same. Secondly, those big retailers, financial services types and mega corporations that make up Teradata's customer base have been hit by a sluggish economy, which should crimp interest in huge data warehouse systems.

But it would seem that enough people need top-of-the-line data crunching boxes to keep Teradata going well even during tight times.

Shares of Teradata bumped up close to 7 per cent during Thursday's trading to $24.49. ®

Beginner's guide to SSL certificates

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
In the next four weeks, 100 people will decide the future of the web
While America tucks into Thanksgiving turkey, the world will be taking over the net
Microsoft EU warns: If you have ties to the US, Feds can get your data
European corps can't afford to get complacent while American Big Biz battles Uncle Sam
Don't bother telling people if you lose their data, say Euro bods
You read that right – with the proviso that it's encrypted
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.