Teradata and SAP agree analytical partnership for data hungry industries
26 January 2004 | 761 views | 0
Teradata, a division of NCR Corporation (NYSE:NCR), and SAP AG (NYSE:SAP) today announced a technology partnership agreement to deliver analytical solutions to targeted industries with high data-volume requirements, including telecommunications, financial services, pharmaceuticals and aerospace and defense.
Companies in these high data-volume industries will be able to easily integrate enterprise analytical solutions with their SAP(R) solutions, resulting in faster time-to-market, lower total cost of ownership and improved business efficiencies.
The relationship will provide customers with a single, integrated view of their business by delivering industry-specific analytical solutions that are highly scalable and offer a rapid return on investment. As part of the agreement, Teradata also becomes an SAP Global Technology Partner.
"We believe that strategic relationships between enterprise resource planning vendors (e.g., SAP) and enterprise data warehouse vendors (e.g., Teradata) can be quite valuable to their joint customers," said Barry Wilderman, senior vice president, Technology Research Services of the META Group. "As each vendor is likely to provide enterprise data stores as well as business intelligence tools, any initiative that allows natural joins across the data, using the customer's analytic tools of choice, will enhance corporate decision-making."
"The enterprise analytics market is significant for SAP, and our relationship with Teradata will enhance our position in this market by providing customers with scalable and closely integrated, industry-focused analytical solutions that deliver superior business functionality, performance and economic value," said Bill McDermott, chief executive officer and president, SAP America, Inc. "This relationship is important for SAP because it provides us with a platform that has exceptional price-performance value and will satisfy our customers' growing data-volume needs as well as analytic complexity across targeted industries."
Teradata will be combining the best of its analytic applications portfolio and platform with SAP's deep industry knowledge and leading business software solutions, powered by SAP NetWeaver(TM), the open integration and application platform designed to drive lower total cost of ownership across heterogeneous information technology landscapes. Through tightly integrated interoperability between Teradata's enterprise data warehouse products and SAP NetWeaver, joint customers will have access to Teradata's scalable enterprise analytic capabilities fully integrated with SAP NetWeaver. Customers can enjoy Teradata's analytic capabilities combined with the industry-leading business intelligence capabilities of SAP NetWeaver.
"Teradata sees this partnership as a way to link our enterprise analytics expertise, applications and capabilities with SAP's worldwide leading business solutions," said Michael Koehler, senior vice president and head of Teradata. "This agreement will result in improved integration that mutual customers have been requesting, allowing them to make better decisions from an integrated view of customers and operations."
Both companies are also contributing engineering and technical resources and assets, as well as consulting capabilities