Teradata Expands Strategic Collaboration Agreement With AWS To Further Support Customers On Cloud Modernization Journeys
Portfolio Pulse from Benzinga Newsdesk
Teradata has renewed and expanded its Strategic Collaboration Agreement with AWS to support cloud migration, data analytic ecosystem modernization, and AI opportunities for customers. This collaboration will leverage AWS services like Amazon SageMaker and Teradata VantageCloud, aiming to provide fast, flexible cloud access, simplified cloud platform access through AWS Marketplace, and industry-specific solutions for impactful business outcomes. The partnership also focuses on developing generative AI analytics use cases, with Teradata VantageCloud integrating with Amazon Bedrock for enterprise-grade AI applications.
May 02, 2024 | 1:06 pm
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Teradata's expanded collaboration with AWS is expected to enhance its cloud migration, data analytics, and AI service offerings, potentially increasing its market share and customer base in the cloud services sector.
The expanded Strategic Collaboration Agreement with AWS positions Teradata to better support customers in cloud migration and data analytics, which is likely to increase demand for Teradata's services. The focus on AI and integration with AWS services such as Amazon SageMaker and Amazon Bedrock could lead to new business opportunities and strengthen Teradata's competitive position in the cloud services market.
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