Latest news with #Teradata
Time of India
an hour ago
- Business
- Time of India
Tech giant SAP asks US Supreme Court to reconsider rival's antitrust win
Europe's largest software maker SAP ( has asked the U.S. Supreme Court to review a decision that said the technology giant must face a lawsuit by U.S. data technology company Teradata accusing it of violating antitrust law . SAP in a petition made public on Tuesday said a decision by the 9th U.S. Circuit Court of Appeals in California that reinstated Teradata's lawsuit will threaten American tech innovation if it is left in place. Teradata accused SAP of violating antitrust law by "tying" sales of business-planning applications with the purchase of a key SAP database that can perform transactional and analytical functions. Teradata makes a rival analytics database. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Alquilar coches de lujo nunca fue tan fácil Coches | Anuncios Publicitarios Más información Undo In its filing at the high court, SAP said the integration of software products can often benefit consumers and "represent an effort to 'compete effectively,' rather than to stifle competition." SAP declined to comment. Teradata did not immediately respond to a request for comment. Live Events San Diego-based Teradata filed its lawsuit against SAP in federal court in California in 2018. The two companies once had a joint venture, but SAP terminated it after developing its own analytics database. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories SAP won in the district court, but the 9th Circuit revived Teradata's case in December. The appeals court said there was material dispute between the companies that a jury could decide. If the Supreme Court takes the case, the justices could rule on which legal standard judges should use to weigh antitrust tying claims. Two key legal standards guide how judges resolve whether conduct restrains competition: the "per se rule," where alleged conduct is presumed illegal, and the "rule of reason," where judges balance between anticompetitive effects and a defendant's procompetitive justification. The 9th Circuit, using a version of the "per se rule," applied too stringent a standard in evaluating Teradata's claims, SAP told the justices. SAP said the appellate court's ruling clashed with how a Washington federal appeals court resolved a landmark antitrust case against Microsoft in the 1990s.
Reuters
2 hours ago
- Business
- Reuters
Tech giant SAP asks US Supreme Court to reconsider rival's antitrust win
June 4 (Reuters) - Europe's largest software maker SAP ( has asked the U.S. Supreme Court to review a decision that said the technology giant must face a lawsuit by U.S. data technology company Teradata accusing it of violating antitrust law. SAP in a petition, opens new tab made public on Tuesday said a decision by the 9th U.S. Circuit Court of Appeals in California that reinstated Teradata's lawsuit will threaten American tech innovation if it is left in place. Teradata accused SAP of violating antitrust law by 'tying' sales of business-planning applications with the purchase of a key SAP database that can perform transactional and analytical functions. Teradata makes a rival analytics database. In its filing at the high court, SAP said the integration of software products can often benefit consumers and 'represent an effort to 'compete effectively,' rather than to stifle competition." SAP declined to comment. Teradata did not immediately respond to a request for comment. San Diego-based Teradata filed its lawsuit against SAP in federal court in California in 2018. The two companies once had a joint venture, but SAP terminated it after developing its own analytics database. SAP won in the district court, but the 9th Circuit revived Teradata's case in December. The appeals court said there was material dispute between the companies that a jury could decide. If the Supreme Court takes the case, the justices could rule on which legal standard judges should use to weigh antitrust tying claims. Two key legal standards guide how judges resolve whether conduct restrains competition: the 'per se rule,' where alleged conduct is presumed illegal, and the 'rule of reason,' where judges balance between anticompetitive effects and a defendant's procompetitive justification. The 9th Circuit, using a version of the 'per se rule,' applied too stringent a standard in evaluating Teradata's claims, SAP told the justices. SAP said the appellate court's ruling clashed with how a Washington federal appeals court resolved a landmark antitrust case against Microsoft in the 1990s. The case is SAP SE et al v. Teradata Corp, U.S. Supreme Court, unassigned. For SAP: Kannon Shanmugam of Paul, Weiss, Rifkind, Wharton & Garrison For Teradata: No appearance yet
Techday NZ
6 days ago
- Business
- Techday NZ
Teradata & Fivetran team up to streamline data integration
Teradata has entered into a partnership with Fivetran to offer automated data integration solutions for enterprises seeking to centralise information from multiple sources. The two companies have integrated their technologies to allow customers to streamline the movement of data from a diverse range of enterprise sources into the Teradata VantageCloud platform. According to Teradata, this enables businesses to use data for complex artificial intelligence (AI) workloads and supports scaling trusted AI initiatives. A recent Fivetran survey highlighted that nearly half of enterprise AI projects, including generative and agentic AI, fail due to inadequate data readiness, underscoring the importance of a robust data foundation for successful deployments. Reliable and continuously updated data sourced from a broad mix of systems is essential for responsible data usage and effective AI operations. Both companies say their integration is intended to deliver a scalable, automated, and cost-effective approach for organisations to process large amounts of data using Teradata's environment. "With AI innovation accelerating at an unprecedented pace, transforming data pipelines through automation has become critical for businesses to stay competitive. By leveraging data automation, enterprises can streamline data integration, reduce errors, and enhance decision-making processes, enabling them to adapt swiftly to market changes and drive continuous improvement," said Dan Spurling, SVP Product Management at Teradata. He added, "Teradata's integration with Fivetran allows our joint cloud and hybrid customers to automate complex data movement at scale into our harmonised analytics and data platform, ensuring they have reliable, real-time data to power trusted AI, analytics, and strategic decision-making." The integration brings together Fivetran's fully managed, end-to-end data movement platform and Teradata's centralised analytics environment. This combination is expected to allow joint customers to accelerate business insights and improve operational efficiency through several key components: automated data integration, real-time data synchronisation, and broader data accessibility for analysts and business users. The demand for automated data integration is increasing as businesses encounter growing volumes and complexity of information. Tools such as Fivetran are designed to make the extract, transform, load (ETL) process more efficient and scalable. The integration provides real-time data synchronisation, enabling current and relevant information to be available in Teradata for analysis. Features supporting data democratisation mean that users across business functions can access and analyse data without requiring specialised engineering skills. "Fivetran's mission is to make access to data as simple and reliable as electricity—regardless of where it lives or where it needs to go," said Mark Van De Wiel, Field CTO, Fivetran. He continued, "With the addition of Teradata as a destination via the Partner-Built program, customers can now seamlessly move data into Teradata using the same automated, fully managed pipelines they expect from Fivetran. This expands our ecosystem and gives joint customers the ability to centralise their data for AI and analytics without added engineering overhead." Engineers using the integration have the capability to transfer data from over 700 sources into Teradata. These sources include SaaS applications such as Salesforce and HubSpot, databases including MySQL, PostgreSQL and Oracle, ERP systems such as SAP and NetSuite, files in formats like CSV and JSON, and event streams such as Kafka. This range of connectivity facilitates the unification and transformation of data in Teradata for comprehensive querying and analysis alongside other business information. The Teradata destination connector is being developed with Fivetran's Partner SDK and is due for availability to joint cloud customers in June 2025. The connector is built and maintained by Teradata under Fivetran's Partner-Built programme and operates on Fivetran's fully managed infrastructure, allowing customers to move data without managing pipelines or additional systems. Both companies have stated that customers will benefit from reduced data migration effort, simplified operational workflows, and expedited insights thanks to the partnership's approach to data integration and synchronisation.
Yahoo
28-05-2025
- Business
- Yahoo
Elastic (ESTC) Q1 Earnings Report Preview: What To Look For
Search software company Elastic (NYSE:ESTC) will be announcing earnings results tomorrow after the bell. Here's what you need to know. Elastic beat analysts' revenue expectations by 3.5% last quarter, reporting revenues of $382.1 million, up 16.5% year on year. It was a strong quarter for the company, with a solid beat of analysts' billings estimates and EPS guidance for next quarter exceeding analysts' expectations. It added 40 enterprise customers paying more than $100,000 annually to reach a total of 1,460. Is Elastic a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Elastic's revenue to grow 13.5% year on year to $380.3 million, slowing from the 19.7% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.37 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Elastic has missed Wall Street's revenue estimates twice over the last two years. Looking at Elastic's peers in the data and analytics software segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Confluent delivered year-on-year revenue growth of 24.8%, beating analysts' expectations by 2.6%, and Teradata reported a revenue decline of 10.1%, falling short of estimates by 2.4%. Confluent traded down 18.2% following the results while Teradata was up 1.8%. Read our full analysis of Confluent's results here and Teradata's results here. There has been positive sentiment among investors in the data and analytics software segment, with share prices up 8.5% on average over the last month. Elastic is up 9.6% during the same time and is heading into earnings with an average analyst price target of $124.02 (compared to the current share price of $94.25). Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-05-2025
- Business
- Yahoo
Elastic (ESTC) Q1 Earnings Report Preview: What To Look For
Search software company Elastic (NYSE:ESTC) will be announcing earnings results tomorrow after the bell. Here's what you need to know. Elastic beat analysts' revenue expectations by 3.5% last quarter, reporting revenues of $382.1 million, up 16.5% year on year. It was a strong quarter for the company, with a solid beat of analysts' billings estimates and EPS guidance for next quarter exceeding analysts' expectations. It added 40 enterprise customers paying more than $100,000 annually to reach a total of 1,460. Is Elastic a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Elastic's revenue to grow 13.5% year on year to $380.3 million, slowing from the 19.7% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.37 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Elastic has missed Wall Street's revenue estimates twice over the last two years. Looking at Elastic's peers in the data and analytics software segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Confluent delivered year-on-year revenue growth of 24.8%, beating analysts' expectations by 2.6%, and Teradata reported a revenue decline of 10.1%, falling short of estimates by 2.4%. Confluent traded down 18.2% following the results while Teradata was up 1.8%. Read our full analysis of Confluent's results here and Teradata's results here. There has been positive sentiment among investors in the data and analytics software segment, with share prices up 8.5% on average over the last month. Elastic is up 9.6% during the same time and is heading into earnings with an average analyst price target of $124.02 (compared to the current share price of $94.25). Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.
