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FY2024 Annual Report · Teradata
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2024 
Annual Report

In 2024, Teradata advanced in our position as the Trusted 
AI Company. We believe that trusted data is foundational to 
achieving business value from artificial intelligence (AI) and 
that our deep analytics, open and connected hybrid platform 
at scale will be essential for any organization looking to 
leverage AI. I am enthusiastic about the strong capabilities 
Teradata has to help customers now and in the future, and our 
continuous innovation that enables us to keep advancing and 
winning the AI market opportunity. 
Throughout the year, we oriented the organization on helping 
our customers leverage the full potential of generative AI 
and we introduced a robust set of innovations designed 
to strongly position us with our hybrid trusted AI platform. 
We implemented measures to enhance our go-to-market 
execution, embraced an open and connected platform 
approach, strengthened our brand in the rapidly evolving AI 
market and expanded alliances with other market leaders to 
extend our reach.
Hybrid data analytics environment
 
We are building upon our $609 million cloud business and 
leveraging our strength in on-premises technology to provide 
customers with the hybrid data and analytics environments 
they need. Companies have data both in the cloud and on 
premises, and we see them becoming more sophisticated in 
how they think about leveraging hybrid capabilities. It is not 
about choosing between environments—it’s about effectively 
operating across both in order to meet diverse business needs 
and drive faster decision-making, at the scale they require. We 
believe our hybrid capabilities of cloud and on-premises, along 
with our open and connected approach, are unmatched, and 
we are seeing our strategy validated by customers, industry 
analysts and partners.
Technology innovations for the AI era
 
Impactful results from AI and generative AI initiatives are  
only possible through the ability to manage analytics and 
models at massive scale. At Teradata, this is our long-standing 
core strength. 
Our powerful analytics engine, ClearScape Analytics™, quickly 
scales end-to-end AI/ML pipelines with accountability, security, 
and trust. With our analytics, companies are able to execute 
AI/ML projects at scale that can deliver sustainable value 
and predictive outcomes. In 2024, we enhanced ClearScape 
Analytics with new bring-your-own model capabilities that are 
designed to help enterprises deploy generative AI use cases 
and maximize the return on their AI investments.
As we enter 2025, our eyes are on the growth horizon, and 
we have already introduced our integrated Enterprise Vector 
Store, our in-database solution designed to cost-effectively 
combine structured and unstructured data with the speed 
needed to get value out of complex business challenges. We 
believe that this offering expands our business opportunity as 
it paves the way for retrieval-augmented generation (RAG) and 
dynamic agentic AI use cases. 
Looking ahead with confidence
 
As more companies look to hybrid compute environments of 
both cloud and on-premises, increasingly adopt technologies 
to support generative AI, and embrace the industry move 
to open and connected ecosystems, we believe we are well 
positioned and see great opportunity ahead. 
While customers rely on our technology to achieve their 
business results, it is our people that drive our success. The 
people of Teradata are resilient and operate with outstanding 
dedication to our customers’ success, and we are confident 
in our ability to deliver the data-driven insights that leading 
enterprises need. 
We continue to operate in this growing market with 
differentiated technology capabilities, and we believe our 
deep analytics and our open and connected hybrid platform 
are fundamental for enterprises… and we have these now.  
We are maintaining our disciplined financial approach, investing 
in extending our technology strengths and promoting Teradata 
as a leader in data analytics, Trusted AI and hybrid cloud 
technology, while prudently managing costs and continuing our 
commitment to provide value creation for our stockholders.
Thank you,
 
Steve McMillan
President and CEO
Fellow Stockholders,

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