Panorama Necto and Teradata are key players in the business intelligence arena, with Teradata having the upper hand due to its comprehensive feature set, though at a higher price.
Features: Panorama Necto offers impressive collaboration features, including its social BI capabilities. It integrates seamlessly with platforms like Microsoft Office and Sharepoint, fostering a collaborative environment with features such as context-based discussions and notifications. Its infographics library allows end-users to easily create or choose infographics, enhancing visual data interaction. Teradata is known for its exceptional high-performance analytics, capable of managing extensive datasets due to its parallel processing architecture. The workload management options by user and application increase its efficiency. Its in-database analytics and temporal features facilitate extensive business insights.
Room for Improvement: Panorama Necto could benefit from stronger support for big data analysis and predictive analytics. Its reporting customization options are currently limited, potentially hindering advanced users. Additionally, the platform can improve its community engagement resources. Teradata might enhance user accessibility for those without specialized knowledge, as its complex architecture can be daunting. While its setup is stable and scalable, simplifying user interaction and updating user-friendly interfaces could be beneficial. Lastly, cost optimization, especially for smaller enterprises, would make it more accessible.
Ease of Deployment and Customer Service: Panorama Necto is noted for its straightforward deployment and efficient customer support, making it an attractive choice for companies seeking a quick implementation. In contrast, Teradata’s deployment process is more involved, reflecting its comprehensive capabilities, yet it balances this with robust customer support that is valuable for long-term ease of use.
Pricing and ROI: Panorama Necto offers a more budget-friendly solution with a faster ROI, attracting small to midsized businesses that seek immediate returns. Teradata, although more expensive, promises a significant long-term ROI attributed to its powerful analytics capabilities, justifying the higher initial costs for enterprises that prioritize extensive data processing features over upfront expenditures.
At least fifteen to twenty percent of our time has been saved using Teradata, which has positively affected team productivity and business outcomes.
Independent research showed that Teradata VantageCloud users achieved an average ROI of 427% across three years with payback under a year, demonstrating the platform's ability to deliver a strong financial return.
We have realized a return on investment, with a reduction of staff from 27 to eight, and our current return on investment is approximately 14%.
The customer support for Teradata has been great.
They are responsive and knowledgeable, and the documentation is very helpful.
Customer support is very good, rated eight out of ten under our essential agreement.
Whenever we need more resources, we can add that in Teradata, and when not needed, we can scale it down as well.
This flexibility allows organizations to scale according to their needs, balancing performance, cost, and compliance requirements.
This expansion can occur without incurring downtime or taking systems offline.
Its massively parallel process architecture allows the platform to distribute workload efficiently, enabling organizations to run heavy analytic queries without compromising speed or stability.
I find the stability to be almost a ten out of ten.
The workload management and software maturity provide a reliable system.
I want to highlight two features for improvement: first, storing data in various formats without requiring a tabular structure, accommodating unstructured data; and second, adding AI ML features to better integrate Gen AI, LLM concepts, and user-friendly experiences such as text-to-SQL capabilities.
Unlike SQL and Oracle, which have in-built replication capabilities, we don't have similar functionality with Teradata.
The most challenging aspect is finding Teradata resources, so we are focusing on internal training and looking for more Teradata experts.
Teradata is much more expensive than SQL, which is well-performed and cheaper.
Initially, it may seem expensive compared to similar cloud databases, however, it offers significant value in performance, stability, and overall output once in use.
Role-based access control (RBAC), strong audit and compliance features, high availability, fault tolerance, and encrypted data at rest and in-transit are key features.
Teradata's security helps our organization meet compliance requirements such as GDPR and IFRS, and it is particularly essential for revenue contracting or revenue recognition.
Its architecture allows information to be processed efficiently while maintaining stable performance, even in highly demanding environments.
It facilitates data integration, where we integrate and analyze data from various sources, making it a powerful and high-quality reliable solution for the company.
| Product | Market Share (%) |
|---|---|
| Teradata | 0.9% |
| Panorama Necto | 0.7% |
| Other | 98.4% |
| Company Size | Count |
|---|---|
| Small Business | 14 |
| Midsize Enterprise | 5 |
| Large Enterprise | 32 |
| Company Size | Count |
|---|---|
| Small Business | 28 |
| Midsize Enterprise | 13 |
| Large Enterprise | 52 |
Teradata is a powerful tool for handling substantial data volumes with its parallel processing architecture, supporting both cloud and on-premise environments efficiently. It offers impressive capabilities for fast query processing, data integration, and real-time reporting, making it suitable for diverse industrial applications.
Known for its robust parallel processing capabilities, Teradata effectively manages large datasets and provides adaptable deployment across cloud and on-premise setups. It enhances performance and scalability with features like advanced query tuning, workload management, and strong security. Users appreciate its ease of use and automation features which support real-time data reporting. The optimizer and intelligent partitioning help improve query speed and efficiency, while multi-temperature data management optimizes data handling.
What are the key features of Teradata?
What benefits and ROI do users look for?
In the finance, retail, and government sectors, Teradata is employed for data warehousing, business intelligence, and analytical processing. It handles vast datasets for activities like customer behavior modeling and enterprise data integration. Supporting efficient reporting and analytics, Teradata enhances data storage and processing, whether deployed on-premise or on cloud platforms.
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