Teradata somehow convinced Gartner the last three years to keep them in the leaders quadrant. Gartner could not keep doing this and retain any credibility. TDC kept announcing “we are a leader” even though they were in 8th or 9th place. Now they can’t even say that. What a sad state of affairs. ARR growth will hardly hit 5% and they will never break $2B annual revenue again.
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As many said this past year, this place is damaged beyond repair. The party is over. Time to scrap and start over. Any attempt to keep this place as an ongoing concern is just fooling and looting.
Even if the Current Leadership and BOD were scrubbed how can things be turned around?
Anyone that knew what they were doing and was trying to enact positive change was laid off. Because of DEI targets the people they were replaced with were less capable but the "right" s-xual orientation, gender, or skin color. These people aren't top talent so now not only would Leadership and the BOD need to be replaced so would a large percentage of the recent hires.
Because of the way Teradata treated the employees they laid off (seriously who does a layoff on Halloween?) and Teradata's general market trend nobody that doesn't absolutely need a job is going back. Which means Teradata is not going to get the top talent back.
And while all this is going on leadership and the BOD are looting the company, pulling out bags full of cash and stock options.
As someone else said. Teradata is the Titanic, the current cruise has become a one-way trip. It's just a matter of time.
DS is SM buddy, so unless SM goes, DS stays to continue the carnage. HA is only part of disaster.
The whole SM regime must go. Time for new team to chart new course of salvaging what's left but forget about this place as an ongoing concern. Need new product, people, but first of all new BoD and mgmt.
Teradata loved Gartner when they were the leader. Teradata still pays a lot so your assertion that money buys a better position does not hold up to the evidence. Gartner has to call a dog a dog or they will lose credibility.
I think Gartner favors those who pay more. Save yourself some money and do the research yourself. It’s not difficult to pick up the phone. At least you know it’s truly independent research
Agreed that HA and her lap dog DS need to go as a single package. Both are as bad as each other and not well respected in the organisation.
HA should be fired. She’s in charge of product and it’s slipped out under her watch. She is so hard to listen to on our calls. So arrogant yet so technically clueless.
Did anyone see our former chief of staff to OR now at Google linkedin post about their place in the leaders quadrant?
Love seeing everyone who has been let go over the years now at competitors piling on about the demise
Its confirmation from the analysts that the product is no longer is a force. Years of stagnation in the product teams confused about what they are, the brain drain of talent being walked out the door has led to this point. A company led by inexperience with declining market share trying to push a product that has been left in the dust by its competitors.
Well, someone should be canned just to show continued incompetence will not be tolerated.
Why is the gut reaction here that someone should get fired for our slip in the quadrants… when Gartner’s placement of TD reflects reality of the product and solutions?
Who’s getting fired? Some poor schmuck without any lofty management title. It sure won’t be the incompetent diversity hire.
So who is getting fired for this???
HA and DS are narcistic wanna be engineering leaders. They got rid of anyone who knows anything. They don't know the strength or short comings of the base product. They serve no purpose, other than to give the illusion something is happening, building their empire of minions, while collecting big.
This product is purpose built and is not adaptable to the cloud. It is best a bolt on with many clunky moving parts, subject to statistical failure and performance issues. Also chasing the program of the month is not a vision (IOT then AI then what), especially when late to joining the party all the time.
Time to start over by allocating funds to new technology or innovation. This place is done in its current product offering.
Agreed, our product is terrible. Full of bugs and missing key functionality for a cloud solution. HA, DS should wear the blame for this. Failure to innovate has been the death knell
While Marketing has a lot to be held accountable for (Branding Change and AI is not compelling or visionary) , the bigger drop is in the "ability to execute" which falls squarely on Products. The major concern is that we do not even have a product that the field can trust, customers want to buy, or that Marketing can reasonable present.
Heads (ELT, SVP, VP) should roll for failure to execute or ability to market ourselves to be maintain top quadrant. Those id--ts would not hesitate laying off a worker that step out of line, so why should they be imune?
I still see a few of the die hards are holding onto the title that Teradata is a leader in the Quadrant. It's false advertising as they are no longer in the upper right hand corner. Marketing is really clutching at straws now and heads should roll with this marketing fail. Start with the CMO would be a very good start
Every company pays Gartner fees. They do the most comprehensive analysis of any analyst firm. It is not a bribe, that is simplistic thinking or a way to justify how bad Teradata looks. They can be influenced but it’s not easy. They are now simply showing how late Teradata was to the cloud.
What good is Gartner if you have to bribe them? Customers know it’s a pay for play nonsense.
Teradata has been slowly sinking the past few years. This will accelerate their downfall. Since most of the revenue comes from legacy database and support no other company will acquire them. A PE firm may buy them so su-k the cash flow from support revenue. What a depressing way to end and I feel sorry for the regular employees left there.
But…but…but…we have a diversity hire running Marketing and a whole posse of bu++-kissing Directors! We must be succeeding because we’re DEI baby!
Certainly the demise although the narrative has been propped up over the years with Teradata paying to remain in the leader's quadrant. Now that marketing has decided not to engage with Gartner, the slippage becomes evident.
As someone else commented, prospects and customers do actually put a great deal of faith in these quadrants and make investment decisions. No way any company would look at the latest quadrant and want to invest any serious money into a product not in the leaders quadrant as they would be risking their own jobs when the inevitable fail occurs.