INDEPENDENT NEWS

Teradata Defies Market Gloom - Great Local Results

Published: Tue 11 Dec 2001 10:15 AM
Teradata Defies IT Market Gloom 35% growth this year provides best results in a decade
AUCKLAND, New Zealand : Teradata Australia and New Zealand today announces that it has registered a 35 per cent year on year growth at the end of 2001. While other technology companies have slashed jobs and bemoaned poor performance, Teradata continues to grow, particularly in the telecommunications sector.
Teradata also grew its revenue from consulting and professional services which now account for approximately 1/3 of its revenue in Australia and New Zealand. The company, which is the largest data warehousing practice in New Zealand, has also increased its Australasian head count by nearly 50 percent within the last 12 months.
This year Teradata tripled its projected Australasian customer wins. Major new contract announcements have included Manukau City Council and Australia's two telecommunications giants Telstra and Optus.
"This year has been a great one for us with solid growth in both revenue and market penetration. I'm very pleased with our results as it is a direct reflection of the calibre of our people. It is a success not just for us, but for our clients who recognise the value of Teradata solutions," says Julian Beavis, vice president of Teradata for Australia and New Zealand.
The recent depressed economic conditions have forced many companies to review their technology decisions and overall business direction and postpone some major purchases.
"This is where Teradata can help businesses - by providing them with the tools for greater efficacy and efficiency, better profitability and higher return on investments," Beavis says. "Teradata solutions give businesses a single version of the truth in terms of data which is crucial when making millions dollars in investment.
"What we've seen among our clients and potential clients within our focused industry sectors is that companies are very concerned about return on investment. As a result, they are making decisions about technology within their business that will give them better and faster returns. Companies now require solutions that will not only cut costs but will also generate more revenue. Teradata has delivered these kinds of results for several clients including The Warehouse, Manukau City Council and Guardian Trust in New Zealand; and in Australia with the National Australia Bank, Vodafone, and Qantas," says Beavis.
Teradata, the acknowledged leader in the data warehousing market, provides solutions in the telecommunications, banking and finance, retail, aviation and airline and government sectors.
In New Zealand, Teradata customers include The Warehouse, Guardian Trust and Manukau City Council. Australia-based customers include Telstra, Australian Taxation Office, Centrelink, Commonwealth Bank of Australia, National Australia Bank, St. George Bank, Qantas Airways, Village Roadshow,Tattersals, Optus and Vodafone.
ENDS

Next in Business, Science, and Tech

Scientists Say Methane Emitted By Humans ‘vastly Underestimated’
By: NIWA
Record Dry Spells And Effects On Forests – Expert Reaction
By: Science Media Centre
Official Cash Rate Remains At 1.0 Percent
By: The Reserve Bank of New Zealand
Novel coronavirus detected in China –Expert Reaction
By: Science Media Centre
Flooding could release toxic gas – Expert Reaction
By: Science Media Centre
Damning New Report Says Every Nation Undermining Children
By: Common Dreams - Andrea Germanos
‘And Then - Nothing. Silence’: The Deadly Facade Of ‘Democracy’
By: MediaLens
Concentration Of CO2 Hits 416 Ppm - highest EVER daily average, but it still wont be breaking news
By: Common Dreams - Jessica Corbett
23 Former Diplomats Urge Global Leaders To Adopt Paris-Style Agreement To Protect Biodiversity
By: Common Dreams - Jessica Corbett
Greenpeace Campaigner Of 22 Years Announces Bid To Stand For Parliament
By: Steve Abel
Kiwi youth feeling the heat
By: Business NZ
How NZ would fare during a world catastrophe
By: RNZ
Antarctic continent posts record temperature
By: United Nations
Climate action ‘both a priority and a driver of the decade
By: United Nations
Public surveyed on state of the environment
By: Lincoln University
View as: DESKTOP | MOBILEWe're in BETA! Send Feedback © Scoop Media