{"id":772242,"date":"2023-07-25T10:44:24","date_gmt":"2023-07-25T14:44:24","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/teradata-acquires-stemma-adding-ai-technology-and-talent-to-accelerate-transformative-analytics-value-for-customers\/"},"modified":"2023-07-25T10:44:24","modified_gmt":"2023-07-25T14:44:24","slug":"teradata-acquires-stemma-adding-ai-technology-and-talent-to-accelerate-transformative-analytics-value-for-customers","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/teradata-acquires-stemma-adding-ai-technology-and-talent-to-accelerate-transformative-analytics-value-for-customers\/","title":{"rendered":"Teradata Acquires Stemma, Adding AI Technology and Talent to Accelerate Transformative Analytics Value for Customers"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Teradata Acquires Stemma, Adding AI Technology and Talent to Accelerate Transformative Analytics Value for Customers<\/b><\/p>\n<p>SAN DIEGO&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nTeradata (NYSE: TDC) today announced that it has acquired Stemma Technologies (\u201cStemma\u201d), a cloud-native, fully managed, data catalog solution. Founded in 2020, Stemma is recognized for its innovation and adept use of AI and machine learning that helps users discover, trust, and use their data and metadata more effectively.<\/p>\n<p>\nHillary Ashton, Teradata\u2019s Chief Product Officer, said \u201cStemma is helping redefine how enterprises find trustworthy data and providing a consistently up-to-date view of data anytime, anywhere. With a focus on AI-enhanced data search and exploration, we expect Stemma to broaden Teradata\u2019s capacity to provide transformative analytics value from discovery through delivery. Stemma\u2019s automated data catalog capabilities will help Teradata deliver an enhanced user experience designed to accelerate growth in the flourishing area of AI and ML analytics. We are thrilled to welcome Stemma\u2019s strong team of engineers and metadata experts to help advance Teradata\u2019s product roadmap in data lineage, data governance and data compliance\u2014all driving to greater self-serve analytics in the age of AI.\u201d<\/p>\n<p>\nStemma\u2019s solution was engineered to provide high-grade security, enhanced ease of use data search capabilities, and automated data intelligence. With 20 built-in data connectors, Stemma\u2019s robust data catalog solution will strengthen Teradata\u2019s data fabric and accelerate the analytic productivity of the Vantage platform.<\/p>\n<p>\nThe terms of the transaction were not disclosed.<\/p>\n<p><b>About Teradata<\/b><\/p>\n<p>\nTeradata is the connected multi-cloud data platform for enterprise analytics company. Our enterprise analytics solve business challenges from start to scale. Only Teradata gives you the flexibility to handle the massive and mixed data workloads of the future, today. Learn more at Teradata.com.<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nThis release contains forward-looking statements within the meaning of Section 21E of the Securities and Exchange Act of 1934. Forward-looking statements generally relate to opinions, beliefs, and projections of expected future financial and operating performance, business trends, liquidity, and market conditions, among other things. These forward-looking statements are based upon current expectations and assumptions and often can be identified by words such as \u201cexpect,\u201d \u201cstrive,\u201d \u201clooking ahead,\u201d \u201coutlook,\u201d \u201cguidance,\u201d \u201cforecast,\u201d \u201canticipate,\u201d \u201ccontinue,\u201d \u201cplan,\u201d \u201cestimate,\u201d \u201cbelieve,\u201d \u201cwill,\u201d \u201cwould,\u201d \u201clikely,\u201d \u201cintend,\u201d \u201cpotential,\u201d or similar expressions. Some of the forward-looking statements in this release about Teradata\u2019s acquisition of Stemma include Teradata\u2019s expectations for enhancements to data catalog capabilities on the Teradata Vantage platform. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or implied. The following are some of the factors known to Teradata that could cause actual results to differ materially from what Teradata has anticipated in its forward-looking statements: the failure by Teradata to achieve synergies expected from the acquisition or delays in the realization thereof; delays and challenges in integrating the business; business disruption following the acquisition; loss of key personnel; unanticipated liabilities or exposures for which Teradata has not been indemnified or may not recover; unanticipated infringement of intellectual property rights of others associated with the rights acquired in the acquisition; general adverse business, economic or competitive conditions; and other factors described from time to time in Teradata\u2019s filings with the U.S. Securities and Exchange Commission, including its most recent annual report on Form 10-K, and subsequent quarterly reports on Forms 10-Q or current reports on Forms 8-K, as well as Teradata\u2019s annual report to stockholders. Teradata does not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.<\/p>\n<p class=\"bwalignc\"><i>The Teradata logo and ClearScape Analytics are trademarks, and Teradata is a registered trademark of Teradata Corporation and\/or its affiliates in the U.S. and worldwide.<\/i><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230724821000r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230724821000\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230724821000\/en\/<\/a><\/span><\/p>\n<p><b>INVESTOR CONTACT<br \/>\n<\/b><br \/>Christopher T. Lee<br \/>\n<br \/>858-485-2523 office<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:christopher.lee@teradata.com\">christopher.lee@teradata.com<\/a><\/p>\n<p><b>MEDIA CONTACT<br \/>\n<\/b><br \/>Jennifer Donahue<br \/>\n<br \/>858-485-3029 office<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:jennifer.donahue@teradata.com\">jennifer.donahue@teradata.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America California<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Professional Services Data Management Data Analytics Technology Software Artificial Intelligence Internet<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Teradata Acquires Stemma, Adding AI Technology and Talent to Accelerate Transformative Analytics Value for Customers SAN DIEGO&#8211;(BUSINESS WIRE)&#8211; Teradata (NYSE: TDC) today announced that it has acquired Stemma Technologies (\u201cStemma\u201d), a cloud-native, fully managed, data catalog solution. Founded in 2020, Stemma is recognized for its innovation and adept use of AI and machine learning that helps users discover, trust, and use their data and metadata more effectively. Hillary Ashton, Teradata\u2019s Chief Product Officer, said \u201cStemma is helping redefine how enterprises find trustworthy data and providing a consistently up-to-date view of data anytime, anywhere. With a focus on AI-enhanced data search and exploration, we expect Stemma to broaden Teradata\u2019s capacity to provide transformative analytics value from discovery through delivery. Stemma\u2019s automated &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/teradata-acquires-stemma-adding-ai-technology-and-talent-to-accelerate-transformative-analytics-value-for-customers\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Teradata Acquires Stemma, Adding AI Technology and Talent to Accelerate Transformative Analytics Value for Customers&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-772242","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Teradata Acquires Stemma, Adding AI Technology and Talent to Accelerate Transformative Analytics Value for Customers - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/teradata-acquires-stemma-adding-ai-technology-and-talent-to-accelerate-transformative-analytics-value-for-customers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Teradata Acquires Stemma, Adding AI Technology and Talent to Accelerate Transformative Analytics Value for Customers - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Teradata Acquires Stemma, Adding AI Technology and Talent to Accelerate Transformative Analytics Value for Customers SAN DIEGO&#8211;(BUSINESS WIRE)&#8211; Teradata (NYSE: TDC) today announced that it has acquired Stemma Technologies (\u201cStemma\u201d), a cloud-native, fully managed, data catalog solution. Founded in 2020, Stemma is recognized for its innovation and adept use of AI and machine learning that helps users discover, trust, and use their data and metadata more effectively. Hillary Ashton, Teradata\u2019s Chief Product Officer, said \u201cStemma is helping redefine how enterprises find trustworthy data and providing a consistently up-to-date view of data anytime, anywhere. With a focus on AI-enhanced data search and exploration, we expect Stemma to broaden Teradata\u2019s capacity to provide transformative analytics value from discovery through delivery. 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Founded in 2020, Stemma is recognized for its innovation and adept use of AI and machine learning that helps users discover, trust, and use their data and metadata more effectively. Hillary Ashton, Teradata\u2019s Chief Product Officer, said \u201cStemma is helping redefine how enterprises find trustworthy data and providing a consistently up-to-date view of data anytime, anywhere. With a focus on AI-enhanced data search and exploration, we expect Stemma to broaden Teradata\u2019s capacity to provide transformative analytics value from discovery through delivery. 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