Teradata: Data growth boom seen in RP
By Alexander Villafania
INQUIRER.net
First Posted 19:08:00 11/27/2008
Filed Under: Computing & Information Technology, Hardware
MAKATI CITY, Philippines -- Data services company Teradata is expecting growth in the data warehousing business as local firms prepare against effects of the looming economic crisis.
Data growth in the Philippines will primarily come from companies that are building up their data warehousing infrastructure, which are aimed to provide good business intelligence for sound decision-making. Some companies also hope to use information to reduce risks from the business impact of the crisis.
"During crisis, we noticed that companies are more included to build up their data management operations. Companies need to know what happened and what might happen so they have to use the right tools to manage risks and expectations," Dennis Samuel, Teradata Southeast Asia Area Vice President, said.
Samuel said the current economic crisis is pushing countries, such as the Philippines, to look further into preserving their operations by integrating business analytics. This is to avoid the same pitfalls suffered by companies in the US, particularly the financial firms.
Teradata, which is listed in the New York Stock Exchange, provides data warehousing, enterprise analytics and consulting services. It has offices in Europe, Middle East, Africa, and Japan.
The company has opened an office in the Philippines, which hopes to target financial, telecommunications, retail and manufacturing industries.
Currently, the company serves three large clients in the Philippines and one reseller, IT systems integrator Remax.
Newly installed Teradata Philippines Country Manager Lyndon Lacanienta said the company would focus on the telecommunications industry, which is touted as the fastest growing industry in terms of data requirements. This would be followed by the financial sectors.
"Telecommunications would be strong in the Philippines because of sheer demand. It's one of the few that won't be affected largely by the economic crisis," Lacanienta said.
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