What is the sense in transformative technology if only a select few can use it?
That has been a big conundrum for enterprises working with increasingly powerful analytics capabilities, from data science to machine learning and AI. As these technologies have matured, they have created a complex web of siloed data and analytics, some on premises, some in the cloud, some structured, some not. And that complex web of architecture and tools has also made it difficult for enterprises to scale analytics capabilities across the organization.
Yes, there are great open-source tools out there, like Python, R, Spark or TensorFlow, enabling analytics, machine learning and deep learning. And there are more enterprise-grade data and analytics tools on the market today than ever before. But using the latest technologies at scale, across a hybrid cloud environment, isn’t simple. It’s just not feasible for large enterprises — the businesses most likely to have a complex web of data — to continually knock on the door of their IT department or data scientist, asking them over and over again to custom-build analytics applications that integrate disparate data across disparate platforms. At Teradata, we realize that these siloed data set — and disparate abilities within the enterprise to manage and interpret data — are at the crux of one of the biggest challenges enterprises have to overcome. That’s lost time no one can afford to waste. And that means performing analytics and machine learning in all aspects of the business is a nonstarter.
This gap must be closed and cutting-edge analytics capability must be simple and accessible across the organization. This is at the center of our sentient enterprise vision, which I codeveloped by Mohan Sawhney, noted academic, author and management consultant. In our comprehensive book we outline how the “The Sentient Enterprise” model gives businesses a guide to surviving the evolution of analytics and AI. With this announcement, we continue to drive toward the vision of the sentient enterprise through a series of Teradata technologies.
Last year, Teradata tackled the architecture problem, releasing Teradata Everywhere, the world’s most powerful analytics database, enabling massively parallel processing on multiple public clouds, managed clouds and on-premises environments. This gave companies a flexible data management layer that allowed them to focus on analytic applications.
Teradata Analytics Platform Delivers Superior Insights
Today, we’re announcing the next step — the Teradata Analytics Platform. With this platform, enterprises can keep their current analytics tools, write in the coding languages they prefer, and apply analytics to all their data quickly, regardless of location.
Our vision is clear. With the Teradata Analytics Platform, businesses can use the latest open-source technologies and their prefered analytics tools to perform both widespread and granular data analysis, from looking at customer purchasing trends down to the purchase path of a single individual. And this solution can be deployed anywhere, from the Teradata Cloud to public clouds, as well as on-premises. Teradata Analytics Platform is comprised of the best analytic functions, the leading analytic engines, the industry’s preferred analytic tools and languages, and support for a wealth of data types. First, Teradata Analytics Platform will integrate Teradata and Aster technology, allowing data scientists and analysts to execute a wide variety of advanced techniques to prepare and analyze data within a single workflow, at speed and at scale. In the near future, the Teradata Analytics Platform will include Spark and TensorFlow engines to provide quick and easy access to a full range of algorithms, including those for artificial intelligence and deep learning.
Teradata Analytics Platform further closes the loop on providing analytics power to everyone in a business through its integration with the Teradata AppCenter, which lets analysts share analytics applications and capabilities with their fellow employees through a web-based interface, enabling self-service access to all users within an enterprise.
As businesses and their data grow more complex, they have struggled to find an enterprise-grade solution that enables analytics with simplicity, agility and scale. This announcement fits into our vision of bringing about a shift in the market, by breaking data analytics free of its location and coupling it with the latest open-source and proprietary technologies that empowers analytics for everything.
For more, read the announcements from our PARTNERS 2017 conference.
Mr. Ratzesberger has a proven track record in executive management, as well as 20+ years of experience in analytics, large data processing and software engineering.
Oliver’s journey started with Teradata as a customer, driving innovation on its scalable technology base. His vision of how the technology could be applied to solve complex business problems led to him joining the company. At Teradata, he has been the architect of the strategy and roadmap, aimed at transformation. Under Oliver’s leadership, the company has challenged itself to become a cloud enabled, subscription business with a new flagship product. Teradata’s integrated analytical platform is the fastest growing product in its history, achieving record adoption.
During Oliver’s tenure at Teradata he has held the roles of Chief Operating Officer and Chief Product Officer, overseeing various business units, including go-to-market, product, services and marketing. Prior to Teradata, Oliver worked for both Fortune 500 and early-stage companies, holding positions of increasing responsibility in technology and software development, including leading the expansion of analytics during the early days of eBay.
A pragmatic visionary, Oliver frequently speaks and writes about leveraging data and analytics to improve business outcomes. His book with co-author Professor Mohanbir Sawhney, “The Sentient Enterprise: The Evolution of Decision Making,” was published in 2017 and was named to the Wall Street Journal Best Seller List. Oliver’s vision of the Sentient Enterprise is recognized by customers, analysts and partners as a leading model for bringing agility and analytic power to enterprises operating in a digital world.
Oliver is a graduate of Harvard Business School’s Advanced Management Program and earned his engineering degree in Electronics and Telecommunications from HTL Steyr in Austria.
He lives in San Diego with his wife and two daughters.
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