Teradata Corp, a United States-based big data and analytics solution provider, achieved double-digit growth in its business in China both in 2017 and 2018.
China, Teradata’s second-largest market as well as the fastest-growing one, would receive more investments from the company in the future, the company said.
Based on artificial intelligence and big data, the company offers analytics solutions to Chinese companies across various fields. Renowned companies such as China Telecom, China Mobile, China Post, Bank of China, Industrial and Commercial Bank of China, Lenovo Group Ltd and China Eastern Airlines are all its clients.
Teradata Vantage, the company’s analytics platform, enables enterprises to uncover actionable answers to the toughest business questions by integrating the analytic functions and engines.
It also provides access to a wide variety of descriptive, predictive and prescriptive analytics; autonomous decision making; machine learning functions; and visualization tools, deployed across public clouds, on-premises, on optimized or commodity infrastructure.
The platform analyzes clients’ routes for quitting their operators, and offers solutions to stop them quitting at certain junctures. In this way, operators’ business opportunities are saved.
“We attach great importance to the Chinese market. We customize our products, especially in application, consulting and service, to meet the demands of Chinese clients," said Aaron Hsin, president of Teradata in China.
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