Chris Skinner's blog

Shaping the future of finance

Teradata and SAS Launch Partnership, No Worries About SAP and Biz Objects

Chris Skinner Author Avatar
by

SAS and Teradata execs took time out from announcing their partnership today to say they expected to continue working with both SAP and Business Objects.

"We have partnerships with everyone," said Bob Fair, EVP for global field operations at Teradata. "For us, when one company acquires another company with a revenue stream and a customer base, they work hard to keep thier other partnerships open. We have partnerships with both SAP and Business Objects and expect that to continue." SAS focuses on enterprise intelligence -- business intelligence is just one component of that , he added.

"There are very few business intelligence vendors left, becasue they provide just a component of what people want. Customers are looking for industry-focused solutions."

Both SAS and Teradata have strong vertical business practices in retail and in financial services, which is one reason they have joined forces in the first time Teradata has endorsed a specific hardware vendor. The two companies plan to move SAS analytics into Teradata so customers won';t have to extract data to run the SAS analytics.  One customer, Warner Home Video, reported that as a result of integrating SAS and Teradata technologies it reduced processing time from 36 hours to one hour and 15 minutes.

When Norwich Union planned to launch pay-as-you-drive insurance in the UK, it tested a number of databases and selected Teradata as the only one that could manage all the information, while Bank of Shanghai chose Teradata over HP Neoview for Teradata's price performance and expertise in financial markets. (HP sales folks at Sibos said that HP Neoview concisntely beats Teradata in both pure performance and price.)

PaymentsCategories
Chris Skinner Author Avatar

Chris M Skinner

Chris Skinner is best known as an independent commentator on the financial markets through his blog, TheFinanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal's Financial News. To learn more click here...

What is the future?

Learn more

Learn more about Chris

About Chris Skinner

The Past, Present And Future Of Banking, Finance And Technology

Fintech expert Chris Skinner: countries need digital transformation to remain competitive

Join me on Linkedin

Follow Me on X!

Hire Chris Skinner for dinners, workshops and more

Learn directly from from one of the most influential people in technology, gain insights from the world's most innovative companies, and build a global network.

Chris’s latest book

Chris Skinner’s ‘Digital For Good’ Book Launch Event – CFTE

Top 50 Global Thought Leaders and Influencers on FinTech 2023

Chris Skinner
Commentator, CEO of The Finanser and best-selling author at The Finanser

Thinkers360 Thought Leader

Contact Me

Global Awards

Lifetime Achievement Award

Global 100 - 2024 Winner

Chris Skinner - Financial Markets Advisor of the Year - The Finanser - UK 2023

Best Financial Markets Advisor of the Year 2023

30 Best Regtech Blogs and Websites 2023

Kids creating the future bank | TEDxAthens

Captain Cake and the Candy Crew

Captain Cake Winner of a Golden Mom’s Choice Award

TWO-TIME WINNER OF A MOM’S CHOICE GOLD AWARD!

Alex at the Financial Services

Gaping Void's Hugh MacLeod worked with the Finanser