Teradata Egypt

About Teradata Egypt

The concept of Teradata grew from research at California Institute of Technology and from the discussions of Citibank's advanced technology group in the 1970s.[13] In 1979, the company was incorporated in Brentwood, California by Jack E. Shemer, Philip M. Neches, Walter E. Muir, Jerold R. Modes, William P. Worth, Carroll Reed and David Hartke. Teradata released its DBC/1012 database machine in 1984.[14][15] In 1990, the company acquired Sharebase, originally named Britton Lee.[16] In September 1991, AT&T Corporation acquired NCR Corporation,[17] which announced the acquisition of Teradata for about $250 million in December. Teradata built the first system over 1 terabyte for Wal-Mart in 1992.[18] NCR acquired Strategic Technologies & Systems in 1999, and appointed Stephen Brobst as chief technology officer of Teradata Solutions Group. In 2000, NCR acquired Ceres Integrated Solutions and its customer relationship management software for $90 million,[19] as well as Stirling Douglas Group and its demand chain management software.[20] Teradata acquired financial management software from DecisionPoint in 2005.[21] In January 2007, NCR announced Teradata would become an independent public company, led by Michael F. Koehler.[22][23] The new company's shares started trading in October.[9] In April 2016, a hardware product line called IntelliFlex was announced.[24] Victor L. Lund became the chief executive on May 5, 2016.[25][26] In October 2018 Teradata started promoting its cloud analytics software called Vantage (which evolved from the Teradata Database).[27] On May 7, 2020, Teradata announced the appointment of Steve McMillan as president and chief executive officer, effective June 8, 2020[28]