Walmart, the world's biggest retailer, is to upgrade its business intelligence capability with a technology refresh of its Teradata data warehouse and a research and development deal to strengthen the company's competitive advantage.
The deal, announced on Wednesday will halve the floor space required and cut energy costs 40%. Software enhancements will also improve the scalability, processing power, and storage capacity, along with software enhancements, said Jose Hernandez, Walmart's chief technology officer and senior vice-president of infrastructure.
Teradata recently announced improved support for time-base analytics that allow retailers to perform consistent year-on-year sales comparisons even though products move from one category to another. Teradata tracks not just transactions over time, but how data and the business change and evolve over time, the company said.
Seven of the top 10 world retailers use Teradata as a data warehouse platform for business analytics.