Teradata's cloud-first vision shows results with customers and Wall Street
SHARE When Teradata Corp. delivered its fourth quarter earnings report last month, the numbers contained a surprise for Wall Street observers. Annual recurring revenue for public cloud-based services grew to $106 million, a 165% increase year-over-year. The news has led longtime followers of the 42-year-old database and analytics services provider to take a closer look at the changes Teradata has made over the past year to retool its business model, led by the hiring of a new president and chief executive officer, Steve McMillan, in May. A key change was to invert the company’s research an...