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Teradata Net Worth, Marketcap, Revenue, Competitors 2026

Teradata Corp. logo

Teradata Corp. logo

Key Stats

$1.75B
2024 Revenue
~$2.1B
Market Cap (2025)
1979
Founded
~5,700
Employees
NYSE: TDC
Stock Symbol

Teradata Corporation provides cloud database and analytics software, products, and services. The company operates as an enterprise software provider that develops and sells database analytics software across three main areas: business analytics, cloud products, and consulting services.

Teradata serves clients in financial services, government, healthcare, manufacturing, retail, telecommunications, and transportation sectors. The company operates in North America, Latin America, Europe, the Middle East, Africa, and Asia Pacific. Teradata is headquartered in San Diego, California, with additional major locations in Atlanta and San Francisco.

The Teradata Vantage platform serves as the company’s flagship offering. This open and connected platform allows organizations to leverage data across an enterprise in hybrid environments. The platform supports cloud deployments through VantageCloud and on-premises installations through VantageCore.

Teradata History

1979
Teradata was incorporated on July 13 in Brentwood, California. The company emerged from research at California Institute of Technology and discussions with Citibank’s advanced technology group. Founders raised a $150,000 seed round in March 1980.
1984
Teradata released its DBC/1012 database machine. The first beta system shipped to Wells Fargo Bank. Citibank became an early customer of the specialized database computer.
1986-1987
Fortune magazine named Teradata “Product of the Year” in 1986. The company achieved its first profitable quarter. Teradata completed its IPO in August 1987.
1991
NCR Corporation announced its acquisition of Teradata for approximately $250 million. This followed AT&T’s acquisition of NCR earlier that year.
1992
Teradata built the first system over 1 terabyte for Wal-Mart. This milestone demonstrated the platform’s capability to handle massive data volumes.
2007
Teradata completed its spinoff from NCR Corporation. Shares began trading on the New York Stock Exchange under symbol “TDC” on October 1. The company became independent after NCR announced the separation earlier that year.
2010-2011
Teradata acquired Aprimo for $550 million and Aster Data Systems for $263 million. These acquisitions expanded marketing software capabilities and MapReduce analytics functions.
2018
Teradata launched its cloud analytics software called Vantage. The platform evolved from the Teradata Database to support cloud deployments.
2020
Steve McMillan was appointed as president and chief executive officer effective June 8. The company reported $1.84 billion in revenue and 8,535 employees.
2024-2025
Teradata delivered AI technology including support for OTFs, BYO-LLM, and GPU-accelerated compute. The company reported Cloud ARR of $609 million and continues its cloud transformation strategy.

Teradata Co-founders

Jack E. Shemer
Developed the database computer concept while working at GE, Xerox PARC, and Citibank’s TTI subsidiary. Led the vision for parallel processing database systems.
Philip M. Neches
Senior scientist who contributed technical architecture expertise. Worked alongside Shemer to translate database computer designs into reality.
Walter E. Muir
Contributed to the founding team’s engineering and development efforts during the company’s incorporation in 1979.
Jerold R. Modes
Founding member who helped establish Teradata’s technical foundation and early product development.
William P. Worth
Part of the original founding team that incorporated Teradata in Brentwood, California.
Carroll Reed & David Hartke
Additional co-founders who contributed to the company’s early formation and initial $150,000 seed round.

Teradata Revenue

Teradata generated $1.75 billion in revenue for fiscal year 2024. This represented a 4.5% decrease from $1.83 billion in 2023. The company’s recurring revenue comprises the majority of total revenue, with consulting services contributing the remainder.

Revenue performance reflects the company’s ongoing transition to cloud-based subscription models. Teradata continues to invest in its VantageCloud platform while managing the shift from traditional on-premises deployments. The company serves approximately 1,000 enterprise customers globally.

Teradata Annual Revenue (2015-2024) in Billions USD
$2.53
2015
$2.32
2016
$2.16
2017
$2.16
2018
$1.90
2019
$1.84
2020
$1.92
2021
$1.80
2022
$1.83
2023
$1.75
2024

Teradata Marketcap

Teradata’s market capitalization stands at approximately $2.1 billion as of mid-2025. The company trades on the New York Stock Exchange under the symbol TDC. Market cap has declined from its 2007 IPO levels when shares first began trading at around $5 billion valuation.

The stock has experienced volatility as the company transitions its business model toward cloud-based subscription services. Investors monitor cloud ARR growth and total ARR metrics as indicators of the company’s transformation progress.

Teradata Market Capitalization (2015-2024) in Billions USD
$4.2
2015
$3.8
2016
$4.5
2017
$4.8
2018
$3.2
2019
$2.5
2020
$5.2
2021
$3.5
2022
$4.0
2023
$2.8
2024

Teradata Acquisitions

Teradata has completed numerous strategic acquisitions since becoming an independent public company in 2007. These transactions expanded the company’s capabilities in marketing software, big data analytics, and professional services.

In March 2008, Teradata acquired professional services company Claraview. This transaction expanded consulting capabilities for data warehousing implementations. Claraview previously spun out software provider Clarabridge.

The company acquired column-oriented DBMS vendor Kickfire in August 2010. This purchase added specialized database technology to Teradata’s portfolio. Later that year in December, Teradata completed its largest acquisition by purchasing marketing software company Aprimo for approximately $550 million. Aprimo provided integrated marketing management capabilities.

In March 2011, Teradata acquired Aster Data Systems for about $263 million. Aster Data brought MapReduce capabilities and semi-structured data processing technology. The acquisition helped Teradata address emerging big data requirements.

Teradata acquired Munich-based eCircle in May 2012. This European digital marketing company merged into the Aprimo business unit. The transaction expanded Teradata’s marketing applications footprint in Europe with social, mobile, and email marketing capabilities.

Additional acquisitions included Revelytix and Hadapt in 2014 for information management and Hadoop integration, RainStor for big data archiving, Appoxxee in 2015 for mobile marketing, and FLXone for digital marketing capabilities. Most recently, Teradata acquired Stemma in July 2023 to enhance data management offerings.

Teradata Competitors

Teradata operates in the competitive cloud data analytics and data warehousing market. The company faces competition from both established enterprise software vendors and cloud-native data platform providers. Major competitors include Snowflake, Oracle, and IBM.

Cloud-native platforms like Snowflake and Databricks have gained significant market share by offering flexible, scalable solutions. Traditional competitors such as Oracle, IBM, and Microsoft continue to evolve their data management offerings for hybrid environments.

Company Headquarters Primary Focus
Snowflake Bozeman, Montana Cloud data platform
Databricks San Francisco, California Data lakehouse platform
Oracle Austin, Texas Database and cloud services
IBM Db2 Armonk, New York Enterprise database
Microsoft Azure Synapse Redmond, Washington Cloud analytics service
Google BigQuery Mountain View, California Serverless data warehouse
Amazon Redshift Seattle, Washington Cloud data warehouse
SAP HANA Walldorf, Germany In-memory database
Cloudera Santa Clara, California Hybrid data platform
Vertica Cambridge, Massachusetts Analytics database

FAQs

When was Teradata founded?

Teradata was incorporated on July 13, 1979, in Brentwood, California. The company emerged from research at California Institute of Technology and Citibank’s advanced technology group.

Who founded Teradata?

Teradata was founded by Jack E. Shemer, Philip M. Neches, Walter E. Muir, Jerold R. Modes, William P. Worth, Carroll Reed, and David Hartke in 1979.

Where is Teradata headquartered?

Teradata is headquartered in San Diego, California. The company relocated from Dayton, Ohio in October 2018 as part of a rebranding effort.

What does Teradata do?

Teradata provides cloud database and analytics software, products, and services. Its Teradata Vantage platform enables organizations to store, process, and analyze enterprise data.

What is Teradata’s stock symbol?

Teradata trades on the New York Stock Exchange under the symbol TDC. The company has been publicly traded since its spinoff from NCR in October 2007.

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