Teradata is an expensive tool. Teradata, along with Informatica, is expensive. Teradata is still widely used in the Middle East, especially in banks across Dubai and Saudi Arabia, indicating its continued relevance. Compared to open-source solutions and other market offerings, Teradata remains on the higher end of the pricing spectrum. Like, if you're already using Microsoft products like Windows, they'll market all their products together. And with the rise of cloud technologies, companies will adopt solutions that offer them some privileges or facilities. Similar to how SAP does it in the market, so do Microsoft and other companies. Even Oracle and other such tools are quite commonly seen compared to Teradata's competitors in everyday solutions.
Data Architect at Three Ireland (Hutchison) - Infrastructure
Real User
Top 5
2023-08-15T11:46:04Z
Aug 15, 2023
It is yearly basis. The licensing is based on a contract. It's a very expensive product. I would rate the pricing model a three out of ten, where one is very expensive and not cost-effective, and then ten is a very cheap product. The solution is fairly expensive.
Data Engineer III at a media company with 1,001-5,000 employees
Real User
Top 20
2022-12-13T11:14:18Z
Dec 13, 2022
I'm not overly aware of pricing. That said, my understanding is that it is reasonable. While it has a bit of an edge in pricing, everyone is relatively close in pricing.
The cost depends on the size and it can be quite expensive. If you have 1,000 users, the cost can be anywhere from half a million to a million dollars a year.
And they added many NewSQL capabilities. In the same platform, you have Geospatial functions, Time-Series, Analytics, In-Database processing and connectivity with R & Python using free libraries.
More than 95% of our queries run in less than a second.
Managing Director at a tech services company with 11-50 employees
Reseller
2021-12-23T19:55:00Z
Dec 23, 2021
Teradata is expensive, so it's typically marketed to big customers. However, there have been some changes, and Teradata is now offering more flexible pricing models and equipment leasing. They've added pay-as-you-go and cloud models, so it's changing, but Teradata is generally known as an expensive high-end product.
Solution Sales and Lead Information at TechAccess Asia Distribution
Real User
2021-06-27T12:09:42Z
Jun 27, 2021
The price of Teradata is on the higher side, and I think that it where they lose out on some of their business. The price should be reduced to make it more competitive.
Data Architect, Section Head at a energy/utilities company with 10,001+ employees
Real User
2020-11-19T00:23:26Z
Nov 19, 2020
I'm not sure if we would want to keep paying for the solution. They should make some of the software a community edition or something like that to encourage more people to use it.
Teradata is a multi-cloud data platform company that provides data warehouse and relational database tools. The brand has an extensive portfolio of big data analytic solutions, integrated marketing applications, and services. The products that Teradata offers can be categorized in the following ways:
Software: The products in this category include Teradata Vantage, an advanced SQL engine and Teradata database.
Cloud: The solutions can work with popular cloud services such as Amazon AWS,...
Teradata is an expensive tool. Teradata, along with Informatica, is expensive. Teradata is still widely used in the Middle East, especially in banks across Dubai and Saudi Arabia, indicating its continued relevance. Compared to open-source solutions and other market offerings, Teradata remains on the higher end of the pricing spectrum. Like, if you're already using Microsoft products like Windows, they'll market all their products together. And with the rise of cloud technologies, companies will adopt solutions that offer them some privileges or facilities. Similar to how SAP does it in the market, so do Microsoft and other companies. Even Oracle and other such tools are quite commonly seen compared to Teradata's competitors in everyday solutions.
Teradata is a very expensive solution.
It is yearly basis. The licensing is based on a contract. It's a very expensive product. I would rate the pricing model a three out of ten, where one is very expensive and not cost-effective, and then ten is a very cheap product. The solution is fairly expensive.
The pricing makes sense for bigger projects. It wouldn't make sense for smaller companies or smaller projects.
I am using the free version of Teradata.
I'm not overly aware of pricing. That said, my understanding is that it is reasonable. While it has a bit of an edge in pricing, everyone is relatively close in pricing.
Teradata is not a very cheap solution, yet it is a good solution. You get a good return on what you have paid for.
Teradata's licensing is on the expensive side.
The cost depends on the size and it can be quite expensive. If you have 1,000 users, the cost can be anywhere from half a million to a million dollars a year.
I don't have any direct details about the licensing or pricing of the solution.
The cost of running Teradata is quite high, but you get a good return on investment.
They have reduced the prices and changed their pricing options. Check the numbers here: www.teradata.mx/Cloud/AWS/Pricing.
And they added many NewSQL capabilities. In the same platform, you have Geospatial functions, Time-Series, Analytics, In-Database processing and connectivity with R & Python using free libraries.
More than 95% of our queries run in less than a second.
Teradata is expensive, so it's typically marketed to big customers. However, there have been some changes, and Teradata is now offering more flexible pricing models and equipment leasing. They've added pay-as-you-go and cloud models, so it's changing, but Teradata is generally known as an expensive high-end product.
The price of the solution could be reduced, it is expensive.
The price of Teradata is on the higher side, and I think that it where they lose out on some of their business. The price should be reduced to make it more competitive.
The solution requires a license.
I'm not sure if we would want to keep paying for the solution. They should make some of the software a community edition or something like that to encourage more people to use it.