GEC NEWS WIRETeradata Vantage – the company’s next-generation analytics platform – is now available to all customers.
Vantage enables enterprises to uncover actionable answers to the toughest business questions by tightly integrating the best analytic functions and engines to provide a scalable, agile platform that enables enterprises to drive business value. It also provides access to a wide variety of descriptive, predictive and prescriptive analytics; autonomous decision making; machine learning functions; visualization tools and more, deployed across public clouds, on-premises, on optimized or commodity infrastructure, or as-a-service.
“Teradata Vantage, the platform for pervasive data intelligence, is the answer to the frustration of today’s approach to analytics. Only Vantage can leverage all the data, all the time, so you can analyze anything, deploy anywhere and deliver analytics that matter,” said Oliver Ratzesberger, Teradata’s Chief Operating Officer. “Vantage dismantles the complexity and rises above the inadequacies of today’s analytics landscape. By making it simple for businesses to operationalize analytics on an enterprise-ready platform, Vantage can uncover the intelligence trapped in their data to discover answers that matter.”
Users can also access and analyze all their data without having to learn a new tool or language, or worry about where data is located. This streamlined access is bolstered by Vantage’s integration with popular third-party tools and analytic languages, meeting users where they are and allowing them to work in the environments they already know best.
“Digital transformation is a journey forward for regional businesses in Saudi Arabia as they struggle with the challenging macro-economic situation of transitioning out of oil led economies into knowledge services. End users and IT managers are adapting to technologies and experiences across cloud, analytics, social data, mobility and other new platforms. Digital transformation can add complexity in the short term, since not all vendor applications are easy to use or intuitive in nature. Teradata global surveys indicate that 74% of senior managers find analytical applications too complex for them to use. Teradata applications help businesses to rapidly get returns from their operational and transactional data without increasing the level of complexity and pain in their departmental workflows,” said Jamil Jeitani, Managing Director, Teradata GCC.
“As businesses in the UAE invest time and resources in their digital transformation initiatives they also experience some pain points in their change management exercises. Teradata global surveys indicate that 42% managers struggle to use analytical applications. Teradata understands these challenges and builds its applications to allow end users to gain returns without having to struggle through vendor added complexity. Teradata solutions give end-users access to a library of templates for them to use reducing the time to get meaningful insights. Teradata brings in machine learning and artificial intelligence for end users as they progress along the path of managing more volumes of data to generate better insights. Our objective is always to give the best value for end-users based on their digital transformation requirements,” added Islam Zeidan General Manager UAE & MEAD, Teradata.
Vantage enables users to extract trusted, actionable insights from their data sources within an ecosystem that supports advanced analytic functions – including Teradata’s recently introduced 4D Analytics – an unmatched capability in the industry. Users also receive immediate access to powerful functions such as math and statistics, data transformations, path, pattern, visualization, association, cluster, decision tree and text.
A machine learning engine allows data scientists to write powerful and highly expressive machine learning functions. Teradata also provides more than 180 prebuilt analytic functions to transform, prepare, analyze, and visualize multi-structured data to address a wide number of business use cases, such as customer churn, path to purchase, marketing attribution, product affinity, fraud, marketing optimization and more. A native graph processing engine for graph analysis identifies and measures relationships between people, products and processes. Prebuilt graph analytic functions make it easy to solve complex business problems, such as social network/influencer analysis, fraud detection, supply chain management, network analysis and money laundering.
As automation increasingly drives business, artificial intelligence and machine learning have become essential to help enterprises scale to compete in the digital, cloud-based, data-driven world. But as that scale increases, so does the sheer volume of data. Only Teradata Vantage enables AI and machine learning to scale and deliver timely, actionable answers faster across an organization. This, in turn, feeds a stronger return on investment across the business.
To provide users at all levels of an organization – from executives to business analysts and developers – with an enhanced experience, Vantage removes technology barriers and limitations, allowing them to focus on solving real business problems. Users can switch between the most common interfaces and tools, including SQL, Python and R, as well as a broad set of BI and visualization tools, with the advanced functionality of SAS®, Jupyter and RStudio. The platform also provides storage and analysis for multi-structured data, including JSON, BSON, AVRO, CSV, and XML. The result is better, faster and more precise answers based on all data, rather than a subset.
