Teradata Announces VantageCloud Lake for Driving Analytical Innovation at Scale
-Based on an entirely new cloud-native architecture, Teradata VantageCloud Lake brings the performance and low total cost of ownership of Vantage to the full spectrum of workloads, including ad hoc, exploratory, and departmental
-VantageCloud Lake is part of the Teradata VantageCloud offering, the complete cloud analytics and data platform that includes Teradata’s ClearScape Analytics, significantly expanded and re-launched today
Teradata announced VantageCloud Lake, Teradata’s first product built on an all-new, next-generation cloud-native architecture. Based on the deep history and expertise of Teradata, VantageCloud Lake brings the proven power of Teradata Vantage, now called VantageCloud Enterprise, to a new offering that is born in the cloud – and designed to be automatically elastic and leverage low-cost object store at its core, but still powerful, easy to use and scale (or stop).
This enables an expanded set of customers and workloads beyond what Teradata is traditionally known for: rather than focusing mainly on information technology (IT)-managed enterprise workloads, VantageCloud Lake is a self-service offering designed to bring the unparalleled capabilities of Vantage to broader and more diverse use cases. By allowing businesses to leverage the industry’s best advanced analytics capabilities and scale smarter, but with lower total cost of ownership, Teradata VantageCloud Lake is designed to rapidly accelerate business outcomes for virtually any use case, including smaller ad hoc, exploratory, and departmental workloads.
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Customers can choose from either edition – VantageCloud Lake or VantageCloud Enterprise – depending on their business needs because both provide the best of Teradata, including the company’s recognized workload management, incredible scale, financial governance, and data fabric. Together they form Teradata’s new cloud offering VantageCloud – the complete cloud analytics and data platform.
“Teradata VantageCloud Lake is the result of a multi-year journey to create a new paradigm for data and analytics – one where superior performance, agility, and value all go hand-in-hand,” said Hillary Ashton, Chief Product Officer at Teradata. “VantageCloud Enterprise – our established Vantage in the cloud offering – is the recognized price performance leader in the market. Teradata VantageCloud Lake offers all of those same benefits in a package that is appealing to diverse functions and roles, opening up an entirely new market segment for us. With Teradata VantageCloud Lake, we now support all analytic workload needs at every level in the organization, enabling companies to be more nimble, experimental, and innovative in an easy-to-use solution without losing the governance and cost visibility that Teradata is known for.”
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Companies today are using Teradata to run business critical workloads with strict service level agreements (SLAs) to meet core business needs, such as an airline having a reservation system up and running 24/7. As such, these workloads are highly governed by IT and sheltered from potential interference. The result is that establishing new projects, like a mobile customer engagement application, can be very difficult to get started – especially new analytics projects that can consume unpredictable resources and put SLAs at risk. Departmental workloads and exploratory data science projects are often delayed or rejected, as enterprise workloads are prioritized. These new projects then drive the adoption of shadow systems on alternate technologies, but as these shadow systems proliferate, so do the costs and governance challenges for the organization.
With the introduction of Teradata VantageCloud Lake, organizations have a greater ability to innovate by quickly spinning up ad hoc, exploratory, and departmental workloads, for example, leveraging open, connected data and gaining easy access to all of the other benefits Teradata offers with its flagship product. Organizations can maintain governance and provide flexible but controlled compute resources to the business. With Teradata, customers using VantageCloud Lake or Enterprise Edition have a powerful, scalable, and sustainable cloud analytics and data platform that is designed to meet an enterprise’s growing need for a wide range of diversified use cases that spur innovation and advancement.
