Teradata to focus on financial and telecom sectors

Teradata, provider of data warehousing tools, has decided to focus on the growing financial and telecom sectors. The company has already bagged some big contracts in these sectors and is expecting a growth of around 300 percent by the end of this fiscal year.

B Amrish Rau, Business Manager (India), Teradata Division, said, “We are targeting telecom, financial and retail sector to provide data warehousing tools. Since awareness about the data warehousing products in retail sector in the country is not much and the market is in stagnant state, we are pushing towards telecom and financial sectors.”

Though Frost and Sullivan has expected a growth of around 40 to 50 percent in the Indian data warehousing space, the company is expecting to grow by 300 percent this year. The company is also planning to make India a resource base for other Asia-Pacific countries. Through this initiative, the company would be able to send its IT professionals in the respective areas that include Australia, Malaysia and other Asia-pacific countries.

It would provide the data warehousing tools in these countries and these professionals would help them in doing so. The company is planning to send around 50 professionals in these countries initially.Teradata, a division of NCR Corporation is the provider of enterprise data warehousing and enterprise analytic technologies and services. The company is currently contributing eight percent to 10 percent to the overall business of NCR.

Rahul Gupta

Leave a Reply

Your email address will not be published. Required fields are marked *