ROI Guidebook: Teradata VantageCloud
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The exponential growth of data volumes, coupled with the increasing complexity of analytical workloads, has pushed traditional solutions to their limits. Advanced analytics and data management solutions have emerged to address these challenges as enterprises increasingly require flexible solutions that can handle petabyte-scale data processing while supporting scaling workloads and emerging artificial intelligence (AI) initiatives. Teradata VantageCloud is strongly positioned to address these challenges and provide value to enterprises seeking to modernize their data infrastructure.
To better understand the benefits and costs associated with an investment in Teradata VantageCloud, Nucleus conducted an in-depth return on investment (ROI) assessment of multiple customers that have been taking advantage of Teradata’s scale and smart processing. Organizations realized an average ROI of 427 percent over a three-year period, with an average annual benefit of $7.9M and a payback period of 11 months. On average, customers also referenced 43 percent reduced administrative costs, 25 to 30 percent improved data processing, 51 percent accelerated AI model delivery, 10 to 15 percent improved performance for existing models, and 87 to 90 percent faster backup processes. Qualitative findings highlighted improved data quality and lineage which proved crucial for unlocking emerging AI use cases. This improved data-trust also helped justify further innovation and investment in AI technologies, positioning organizations to better utilize their data assets in the future.
Learn more about Nucleus Research’s ROI case study approach here.
Gain the knowledge you need to effectively develop and deliver a financial business case at ROIUniversity.com.
- Have a specific question? Query our research catalogue with the Nucleus AI Tool.
- Learn more about Nucleus Research’s ROI case study approach here.
- Gain the knowledge you need to effectively develop and deliver a financial business case at ROIUniversity.com.
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