"This is Teradata's third big data-related acquisition in six weeks, all of which are key to achieving our goal of being the leader in enabling customers to derive maximum value from all their data," said Mike Koehler, president and chief executive officer, Teradata. "Think Big’s consulting expertise enhances Teradata’s capability to advise customers on the best way to leverage diverse, open source big data technologies to grow their business."
Think Big has demonstrated expertise in implementing open source big data technologies such as Hadoop, NoSQL databases including HBase, Cassandra and MongoDB, and Storm for real-time event processing. The consulting teams have deep-domain knowledge with a variety of Hadoop distributions such as Hortonworks, Cloudera, and MapR. In addition, Think Big provides a set of pre-built application components for Customer and Clickstream Analytics, Distributed Device Data Management and Analytics, and Risk and Trading Analytics.
"We’re thrilled that Think Big is joining Teradata. Their expertise, proven delivery methodology, intellectual property assets, and solution frameworks will strengthen Teradata’s position as the global leader helping organizations become data-driven enterprises through analytics," said Randy Lea, vice president, Teradata Aster Data Center of Excellence, Teradata Americas Sales and Services. "Teradata and Think Big embrace a range of vendor-neutral, open source options and recommend the best combination based on each customer’s unique business needs."
Think Big brings deep expertise generated from successful engagements, which helps organizations realize real value from their data and provides the full spectrum of strategy and implementation services. The Think Big consulting teams can manage the entire Hadoop and big data deployment process, which includes conducting assessments, building a strategic roadmap, designing an effective architecture, and implementing big data solutions. The Think Big Solution Center’s on-shore deployment model complements the existing Teradata big data consulting business. In addition, the Think Big Academy will provide hands-on expert training courses for customers.
"Teradata and Think Big share an empowering vision to help customers leverage new, open source technologies to complement existing proven technologies, which drive analytic value from a rich diversity of data sets," said Ron Bodkin, founder and chief executive officer, Think Big. "We are elated to join the Teradata team and work closely in delivering big data solutions by providing our expert domain knowledge."
Rick Farnell, co-founder and president of Think Big, added, "We’re excited to take the next step in our journey to build the premier big data solution services organization. Combining industry-leading Hadoop and data science expertise with the industry’s leading platform for data analytics is a tremendous opportunity for our clients to innovate and realize game-changing value."
Think Big’s experienced big data professionals, including its management team, will remain in place, and join Teradata’s big data consulting practice in the Americas. Teradata’s practice helps customers get the most value from their Teradata Aster products and services, Hadoop products and services, and the Teradata® Unified Data Architecture™. Think Big’s main offices will remain in Mountain View, California, in the heart of Silicon Valley, and market its services and solutions under the name of Think Big, a Teradata Company.
Because they are not material to Teradata, the terms of the acquisition were not disclosed.
Teradata (NYSE: TDC), a global leader in analytic data platforms, marketing and analytic applications, and consulting services, helps organizations become more competitive by increasing the value of their data and customer relationships. Visit teradata.com for details.Teradata is a trademark or registered trademark of Teradata Corporation in the United States and other countries.