Sep 13, 2016 | TERADATA PARTNERS CONFERENCE, ATLANTA

New RACE companies leverage Teradata Enterprise Worth Frameworks – confirmed approaches and use circumstances that fast-track enterprise

Teradata (NYSE: TDC), a main analytics options firm, as we speak introduced RACE, or Fast Analytic Consulting Engagement, an agile, expertise agnostic methodology that offers purchasers perception into the potential enterprise worth of analytic options earlier than an funding is made. Teradata’s deep experience and expertise in driving high-impact enterprise outcomes fuses enterprise data, knowledge science and expertise in a confirmed course of that totally delivers on commitments in simply six to 10 weeks, quite than months.

At its core, the Teradata RACE service leverages Teradata Enterprise Worth Frameworks–mental property gleaned from the corporate’s unparalleled expertise with hundreds of profitable consumer engagements. The ensuing frameworks are tailor-made by trade and/or enterprise perform, and act as a worth accelerator–figuring out essentially the most related and useful analytic options to assist purchasers obtain quicker time-to-value from analytic and knowledge investments, whereas decreasing dangers related to advanced analytic initiatives. 

Teradata’s RACE service comes at a time when the potential return on funding and strategic enterprise influence of any analytic answer is anticipated previous to funding, regardless of the advanced variables in calculating projections. Key elements such because the influx of latest knowledge sources, together with IoT sensor knowledge, in addition to the proliferation of latest analytic strategies, complicate the deployment and use of analytic options by enterprise customers. Armed with detailed visibility from the relevant Teradata Enterprise Worth Framework, RACE purchasers will start initiatives with a transparent roadmap about when and the way the mission will ship a return on their funding. 

The RACE methodology includes three major phases:

1. Align – Utilizing the Enterprise Worth Framework as a place to begin, Teradata analytic enterprise consultants help the consumer in figuring out and aligning across the highest potential worth makes use of circumstances, and validate the provision of key knowledge belongings to help the use case.
   
    
2. Create – Teradata knowledge scientists load and put together the information, and develop new or current analytic fashions for the chosen use circumstances. This part includes speedy iterations with the enterprise sponsors to make sure the analytic insights will produce the focused enterprise outcomes.
   
    
3. Consider – Teradata analytic enterprise consultants analyze the outcomes and doc the potential ROI of deploying the analytic use circumstances at scale, and develop a deployment plan for the consumer.

“When firms use analytic consultants, they count on experience-based insights about what works, and what doesn’t. Teradata consultants perceive this and use confirmed techniques to routinely drive accelerated, high-impact enterprise outcomes for our purchasers,” stated Dan Harrington, EVP, Consulting and Help Providers, Teradata Company. “Together with our distinctive consultative perspective, Teradata can even leverage its deep technical capabilities to architect, implement and handle progressive analytic ecosystems. This end-to-end program execution – one thing Teradata alone can ship – makes life less complicated for our purchasers and considerably reduces their threat.”

Teradata Enterprise Worth Frameworks present a confirmed basis for Teradata Consulting groups to assist firms:

• Determine and prioritize the use circumstances that align with the corporate’s strategic imperatives and ship measurable enterprise influence; 
• Outline the detailed parts of every analytic use case, together with enterprise questions addressed, required knowledge parts, confirmed analytic strategies, related key efficiency indicators and demonstrated enchancment ranges; and 
• Assess the maturity of current analytic capabilities to establish sometimes-subtle gaps and advocate options to make sure that investments in analytic capabilities are straight aligned to strategic enterprise imperatives. 

Prepared-to-use Enterprise Worth Frameworks outline tons of of analytic use case throughout two dimensions; enterprise useful domains and trade. The enterprise useful domains embrace, buyer & advertising; provide chain; product; operations; infrastructure and asset; in addition to finance and threat. These enterprise useful domains are then augmented by trade particular content material when relevant. Examples embrace the lately introduced use circumstances: Buyer Satisfaction Index and Communications Compliance.

“We already belief Teradata to excel as a expertise supplier for analytics, however as quickly as we engaged with them for analytic enterprise consulting and knowledge science companies, it grew to become clear that we might rapidly profit from their breadth of expertise,” stated David Bloch, Head of Analytics and Knowledge Technique, Vodafone New Zealand. “Utilizing the communications trade Enterprise Worth Framework, Teradata got here ready with sensible, real-world use circumstances to make sure we had been driving the utmost worth from our knowledge. In a matter of weeks, utilizing the RACE methodology, we had a personalized, tailor-made mission plan and better of all, we had been assured that our funding would ship on the anticipated enterprise outcomes.”

“Our analysis exhibits that customers in 79% of organizations don’t have the talents mandatory to use superior analytics. This lack of abilities is the most important cause for dissatisfaction with their initiatives,” stated David Menninger, SVP & Analysis Director, Ventana Analysis. “Teradata’s Enterprise Worth Frameworks will assist present the talents and greatest practices firms want to attain profitable outcomes and a strong return on their funding.”

Fast Analytic Consulting Engagements (RACE) and Teradata’s Enterprise Worth Frameworks can be found instantly.

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