Teradata , the industry famous data intelligence company, today announced a new platform named Teradata Vantage. Vantage will be Teradata’s next-generation analytics platform and is now available to all customers. According to the press release by Teradata, Vantage will allow enterprises to detect and uncover actionable insights to the biggest business problems by improving the analytics function. Vantage will help enterprises to uncover business value.
Vantage claims also provides access to a wide variety of descriptive, predictive and prescriptive analytics which aid autonomous decision making for enterprises. Vantage also has machine learning and visualization functions which can be deployed across public clouds, on-premises, and commodity infrastructure.
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Oliver Ratzesberger, Teradata’s Chief Operating Officer said in the statement, “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. 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.”
In the press release Teradata also says that Vantage helps users to extract trusted, actionable insights from their data sources within an ecosystem that supports advanced analytic functions. This platform adds to the ecosystem which includes Teradata’s recently introduced 4D Analytics. The newly released platform also provides storage and analysis for multi-structured data which includes data formats like JSON, BSON, AVRO, CSV, and XML.
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Souma Das, Managing Director, Teradata India added further talking about the Vantage platform, “With ever increasing data volumes at their disposal organizations are under immense pressure to not only derive meaningful insights from data but to also convert that data into key actions. Data Generation is set to multiply and become more complex with adoption of newer technologies like internet of things, artificial intelligence, cloud computing and mobility.”