Teradata announces contract with world’s largest retailer

MIAMI TWP., Montgomery County — Teradata Corp. on Wednesday announced an agreement to broaden its partnership with Walmart Stores Inc., the world’s largest retailer and Teradata’s top customer.

A spokesman for Teradata could not provide the monetary value of the contract with Bentonville, Ark.-based Walmart, but said the relationship involves a multiple-petabyte data warehouse. (One petabyte is equal to a million gigabytes.)

A data warehouse stores information company leaders need to make business decisions.

Another multiple-petabyte customer, online auction website eBay, is Teradata’s largest customer system, said Mike O’Sullivan, a Teradata spokesman.

The Walmart agreement includes an expansion of the retailer’s data warehouse services, Teradata said. The Miami Twp.-based company will be able to cut by half the amount of floor space its equipment takes up and offer a 40 percent cut in energy use. The agreement also includes a research and development relationship.

“This is a very important and sweeping new agreement which expands the scope of Teradata’s work with Walmart,” O’Sullivan said.

Teradata is used as a data warehouse platform at seven of the top 10 retail companies, the company said.

“Here in the Dayton office and Miami Valley area, we have marketing, accounting, administrative, consulting and customer services employees who have various connections to our important work with Walmart and many other retail customers,” O’Sullivan said.

With about 400 local employees, Teradata recently moved to the Austin Landing development near the Austin Pike/Interstate 75 interchange, not far from the company’s first local independent headquarters off Miami Village Drive.

The company has 7,000 employees worldwide.

Shares of Teradata (NYSE: TDC) rose 37 cents Wednesday to close at $42.82.

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