Apple Intelligence Needs Gobs of Data—And They Can’t Do It Alone, Steve McMillan - CEO Teradata

With Apple going all in on AI to boost its next round of hardware and services with Apple Intelligence, data is needed now more than ever—massive data. More data than one company can provide, if they hope to make AI services quickly and efficiently do what’s asked, without getting bogged-down.

Another California company attacking AI plumbing problems is Teradata, one of the largest cloud analytics platforms with a focus on harmonizing data. Starting as a hardware company, making things like the first system over 1 terabyte for Walmart, Teradata has transitioned into a software company, with 7,000 employees in 41 countries who delivered $1.8 Billion in revenue last year.

On this episode of the Reboot Chronicles, Teradata CEO Steve McMillan, unpacks how he has rebooted the company and brought it into the 21st century. Listen in as we discuss how they made that transition, how AI is impacting their growth, his personal journey, and where they may end up in the revolutionary times ahead.

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Transforming From Hardware To Software

Before Steve stepped in as the CEO of Teradata, they had a 40-year history of being an on-premise Hardware company making some remarkable accomplishments in on-sight data management. After he stepped in, he had a five-point plan to move the company forward, one of the points was how to become a platform-based software company. As he puts it “All the most successful software companies are platform companies that are open, they’re connected.” One of the steps to becoming this platform company was helping companies like Amazon, Microsoft, and Google modernize their data centers by moving them to the cloud.

Working Out New Cultural Muscles

With the change in the core services of the company and the changes that covid had on offices and workspaces, there was a much-needed shift in the company culture. This raised concerns from Steve’s team as “They seem to have worked for us for the last 40 years?” so why change? To which Steve answered that a transformation like this is “Like going to the gym, and working on a new muscle group.” You still maintain the muscles you have worked on previously, but the rest of your body becomes stronger and more agile.

The Next Generation Of Providers

With this more recent shift in Teradata’s core values, we were curious as to where Steve hopes the company will be in the next ten years, especially as AI grows and the need for smarter and faster data analytics is required. One thing Steve expects to see is that the monolithic IT stack is going to be a thing of the past as their customers will want to be more interconnected to get the best possible outcomes. When that happens, Teradata will be who they turn to as they have already positioned themselves to be in the middle of several large companies' cloud data centers through their software services.

About The Show

The Reboot Chronicles Show is a popular business podcast highlighting the world’s top leaders and CEOs through engaging peer-to-peer conversations that audiences love.

The show is available wherever people listen to or watch podcasts, with thousands of listeners, watchers, readers, and fans who turn to the platform for insights from top leaders who are rebooting everything from their industry and organization’s competitiveness to growth, innovation, technology, talent, culture…and more.? Reboot’s entertaining CEO conversations also provide audiences rare behind-the-scenes views of their personal and professional challenges—with actionable lessons on how listeners can reboot their organization, their career, and their life.

Tune in wherever you get podcasts or here: https://rebootchronicles.com/

About The Host

A WSJ Best-Selling Author, Forbes Contributor, and frequent media guest & speaker, Dean DeBiase is the Executive Producer and Host of The Reboot Chronicles Show, a top leadership podcast that has interviewed hundreds of CEOs, celebrities, and world leaders—unpacking their untold behind-the-scenes stories to help audiences transform their organizations and themselves.

Named “Growth Guru” by Inc., Dean is an award-winning Silicon Valley serial CEO who has led dozens of public and private organizations through diverse operating environments—creating hundreds of products, thousands of jobs, and billions of dollars of revenue, value, and capital.

Dean is a trusted advisor to CEOs and boards, helping emerging-growth companies increase their value, and scale toward IPO optionality, by tackling their most challenging issues, seizing emerging market opportunities—and developing new customers, partners, and ventures.

His award-winning Dancing with Startups Program, brings Fortune 1000s and scaleups together around the globe to accelerate growth, by leveraging global relationships with corporations, executives, thought-leaders, and emerging organizations, to co-create expansion initiatives, new ventures, and M&A.

Dean has an inclusive engagement-culture leadership style that attracts, builds, and inspires multi-generational/multi-national teams to be first-to-market leaders. His Reboot teams have been recognized for rapidly scaling organizations and producing industry-shaping products, services, and brands across sectors—that transformed industries, economies, and societies.

Connect with Dean here: https://www.dhirubhai.net/in/keynotespeaker/