Following Adobe, Tableau, and Salesforce, on February 15, 2023, data warehouse software giant Teradata announced that it will gradually end its direct operations in China. The reason given by the "Whampoa Military Academy" in the digital warehouse industry to hastily withdraw from the Chinese market is very subtle:
Teradata has made a careful assessment of China's current and future business environment, and we have made a difficult decision that Teradata will gradually end its direct operations in China. In the follow-up, the Chinese company is about to enter the closing procedure.
1. Why did Teradata withdraw from the Chinese market?
During Teradata’s 26 years in China, it occupied most of China’s digital warehouse market at its peak, but now it suddenly withdraws from China. What’s the reason behind it? According to industry rumors, there are two main reasons why Teradata directly withdrew from the Chinese market:
Teradata is expensive. As an established data warehouse company, as China's application scenarios become more and more complex, its ability to support new scenarios is obviously insufficient, and its competitiveness is not strong.
Localization substitution has become a definite trend. Teradata was forced to withdraw from the Chinese market due to the pressure of the policy and regulatory environment, coupled with the influx of a number of excellent Chinese databases.
To understand why, first look at Teradata's financial reports.
Although Teradata is no longer at its peak, as of February 17, Teradata still has a total market value of US$4.302 billion, and its revenue in 2022 will be US$1.795 billion, of which the Asia-Pacific region will achieve US$292 million in revenue.
In 2022, in the Magic Quadrant for Cloud Database Management Systems (DBMS) released by Gartner, Teradata, along with AWS, Microsoft, Oracle, Google, Snowflake, SAP, Alibaba Cloud, Databricks, MongoDB, Clouddera, IBM, etc., will be rated as "Leaders". ". This shows that Teradata is still in a leading position in the field of data warehouses, but it is also facing the situation of "internal and external troubles".
Under the situation that domestic data application scenarios are becoming more and more abundant, the demand for storage, query and analysis of massive data is increasingly strong, and Teradata's ability to support new scenarios is obviously insufficient, so the market is gradually occupied by competing products with new technologies and new products. The future growth space is gradually narrowing .
2. The Chinese database is always ready
Teradata's withdrawal from the Chinese market is bound to have an impact on the competitive landscape of Chinese data warehouses. In recent years, China's data warehouses have developed vigorously. According to the data on the Motianlun , there are currently 27 Chinese data warehouse products participating in the rankings. The top three are Alibaba Cloud's AnalyticDB, NTU General GBase, Keystone Across StarRocks. These Chinese products are not inferior to overseas products.
Detail table of TOP10 data warehouse scores in February 2023
It can be seen from the public news that in recent years, Chinese database manufacturers such as emerging database manufacturers (such as StarRocks, Xinghuan Technology) , traditional database manufacturers (such as Nanda General, Dameng) , and cloud manufacturers (such as Alibaba Cloud and Huawei Cloud) have gradually realized Successfully replaced Teradata and other foreign mainstream software, and accumulated rich experience. Bank of Shanghai, Shanghai Pudong Development Bank, Bank of Tianjin, etc. are migrating or have completed the migration from the Teradata data warehouse platform.
A rural commercial bank used ArgoDB, a distributed analytical database of Transwarp Technology, to build a new generation of lake-warehouse integrated platform, which smoothly replaced the original Teradata all-in-one machine, realized the integration of multiple data platforms, and reduced the operation and maintenance of the original homogeneous data system The comprehensive benefit ratio of development cost and data redundancy is 14 times that of Teradata.
A certain operator is one of the largest telecom operators in China, with a huge customer base and massive business data. Teradata was once used as its data warehouse platform, but as the data scale continued to grow, Teradata's performance and cost could no longer meet its needs. Therefore, the operator chose GBase 8a to replace Teradata. After the replacement, the performance of the operator's data warehouse platform has been greatly improved, and the cost has also been greatly reduced.
The O-domain big data analysis system of Fujian Mobile, which will be localized in 2021, uses Dameng's new generation distributed database DMDPC to completely replace the foreign distributed database Teradata Aster it originally used. More than one year of operation verification shows that the system performance is very stable, and the operating efficiency is higher than before in more than 95% of the application scenarios.
By the end of 2022, ICBC, China Merchants Bank, Bank of Communications, China Everbright Bank, Huaxia Bank, and many other large state-owned and joint-stock banks have chosen Huawei Cloud Data Warehouse GaussDB (DWS), and its performance has been significantly improved.
Bank of Shanghai will complete the overall data warehouse migration before June 30, 2024, and will no longer use Teradata; Shanghai Pudong Development Bank has launched a data warehouse platform reconstruction project to implement migration and overall replacement of the existing Teradata data warehouse platform to achieve security available upon request.
In order to meet the safe and reliable construction requirements of the data warehouse platform and support the subsequent development of the data application of Shanghai Pudong Development Bank, Shanghai Pudong Development Bank launched the data warehouse platform reconstruction project to implement the migration and overall replacement of the existing Teradata data warehouse platform to meet the security requirements.
With the tightening of regulatory policies, various regulatory agencies have put forward higher requirements for the timeliness and accuracy of various regulatory data submissions, as well as the overall data processing and computing capabilities of the whole bank. In 2023, Bank of Tianjin plans to start the migration of the regulatory submission system to the big data platform, and migrate the existing 34 sets of regulatory submission systems based on the Teradata data warehouse to the big data platform.
China's huge data volume and potential data analysis needs indicate that the incremental market for data warehouses is huge. The "IDC Global Big Data Expenditure Guide" released by IDC in August 2020 predicts that the overall revenue of China's big data-related market will reach US$10.42 billion, of which hardware, software and services account for 41.0%, 25.4% and 33.6% respectively , that is, the market size of big data-related software is about 2.6 billion US dollars, and in the software market, the data warehouse market is about 1 billion US dollars. On the whole, the development potential of China's data warehouse market is huge, and it will experience rapid growth in the future for a long time.
3. What are the "new weapons" of China's data warehouse?
At present, traditional database vendors, emerging vendors, and cloud vendors are all actively deploying in the construction of data warehouses. After years of intensive cultivation, their competitiveness has been significantly enhanced, and a number of excellent database products have also emerged.
GBase 8a is a distributed logical data warehouse product developed for optimization and transformation of data warehouse scenarios. The number of commercially deployed nodes exceeds 30,000+, and the total amount of managed data exceeds 300PB. It is the most deployed node and managed data in China's data warehouse field. It is the product with the largest volume, and its users cover more than 30 countries and 32 domestic provincial-level administrative regions. It has been widely used in key fields such as finance, telecommunications, government and enterprise, and security.
ArgoDB, a distributed analytical database independently developed by Transwarp Technology, passed the code scanning test of the Fifth Institute of Electronics of the Ministry of Industry and Information Technology. The code autonomy rate (number of lines) exceeds 90%. It can support standard SQL syntax and is compatible with Oracle, IBM DB2, Teradata and other dialects , through an ArgoDB database, one-stop offline data warehouse, real-time data warehouse, data mart and federated computing platform and other data analysis systems can be built. Meet Xinchuang acceptance requirements. As an excellent database product, ArgoDB has successfully replaced Oracle, DB2, Teradata and other foreign products in various industries.
HUAWEI CLOUD Data Warehouse GaussDB (DWS) service is an online data processing database based on public cloud infrastructure and platforms launched by HUAWEI CLOUD. It provides out-of-the-box, scalable and fully managed analytical database services. GaussDB (DWS) is a service based on Huawei Cloud's native converged data warehouse GaussDB product, compatible with standard ANSI SQL 99 and SQL 2003, and provides a competitive solution for PB-level massive big data analysis in various industries.
On April 8, 2023, the special forum "Converged Application: Hucang Technology Innovation" in the 12th "Data Technology Carnival" (DTC 2023) jointly sponsored by the China DBA Alliance (ACDU) and Motianlun Community was grandly opened . This topic brings together outstanding manufacturers of Chinese data warehouses such as NTU General , Data Change Technology , HashData , StarRocks, etc., to interpret the latest developments in China's data warehouses and share the future of China's data warehouses!
"Data Technology Carnival" (DTC 2023)--Introduction to the topic of "Converged Applications: Hucang Technology Innovation"
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