Teradata Vantage brings multiple data sources on one platform, hope to become core of large enterprises

The advantage of Teradata Vantage will, for instance, be more visible in the automotive industry where cars have become more software-driven over the years with high-quality data as the fuel. “Volvo, for example, has a stated goal that by 2021 or 2022, no more humans will be killed in a Volvo car. Of course, this is a very ambitious goal, but it is all about integrating data from these vehicles in real-time together with their entire fleet and other products like bikes, helmets,” explains Oliver.

A Gartner analyst, who didn’t want to be named, calls Teradata Vantage a clever positioning, simply because of the strategy that enables its customers to use multiple different kinds of analytics on a single platform. “Up until now you had different kinds of analytics. The reason it will be a clear winner is because it is a robust hub that brings it all together and make it work. Teradata doesn’t try and do everything, but what it does do is provide a reliable backdrop and it provides a connectivity,” he explains.

Teradata Vantage, the company’s pervasive data intelligence platform that was launched just last week.

“Most companies have realised that the complexity of having data at different places is getting in the way of innovation in dealing with digitisation and this is where we are we are positioning Teradata Vantage, especially for the largest companies in the world,” Oliver adds.

Oliver cites another example, that of Kaiser Permanente, a US-based managed care consortium that relies heavily on data. “They literally operate their entire business model, the healthcare system that they have built, on top of Teradata. This helps then analyse a patient, behavioral data, prescription data and bring it all together in real-time to inform the doctor when a patient is due for a check-up,” he adds.

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“Banking is another sector where data can be used to compare whether customers prefer going to the ATM, a branch, or online and in what order to draw lines between each customer and understand their problems.”

In India, the Government of Rajasthan has collaborated with Teradata to improve citizen services by analysing state-level data using data analytics solutions by the company. The project called ‘Big Data Environment’ aims at unifying multiple databases to enable a 360-degree view of the citizens.

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When it comes to Artificial Intelligence (AI) data, Oliver believes the key to clearly simplify and structure such data, lack of which can lead to unpredictable and undesired results. “What AI needs the most is very clean and structured data. Most companies that have played with AI over the last couple of years learned a very hard lesson that if you put dirty data together with AI, then outcomes are catastrophic sometimes. More important it is than ever before to get data clearly categorised, tagged. Doing this at scale is something we inherently do at Teradata for large companies,” he says.

Disclaimer: The writer is in Las Vegas on the invite of Teradata India