Once upon a time, in 1884, John H. Patterson founded the National Cash Register Company, producer of the first mechanical cash register. The company evolved through research, inventions and acquisitions and over time became known not only for its registers, but also its retail POS systems, scanners and ATMs. With its increased scope, the company changed its name to NCR Corporation. There came a time when executives of the company were pleased with the nearly every aspect of operation with perhaps the exception of its lesser-known computer business. So, in 1992 NCR purchased a sleeping giant called Teradata Corporation, acquiring its advanced and unique commercial parallel processing technology. However, it would still be some time before Teradata received proper recognition and became recognized as one of the world's most proven and powerful databases for data warehousing.
The acquisition of Teradata Corporation was made with relatively little fanfare, explains Mark Hurd, COO of Teradata, a division of NCR, and president of NCR. However, Teradata was destined for greatness. Teradata unobtrusively existed as a business unit of NCR for a number of years until Hurd was appointed to the leadership of Teradata in 1999. In July of 2000, NCR created two operating divisions within the company, placing all data warehousing and analytical solutions under the Teradata Division, of which Hurd was appointed COO. Early in 2001, they pushed the emphasis further by implementing a new branding approach for this business, thus awakening the sleeping giant. Recognition of the Teradata database with its patented parallel architecture was fueled by the creation and association of the Teradata Division, and increased adoption of the product ensued. Customers, including thirty percent of the Fortune 500, now use Teradata to make better, faster, more profitable business decisions by using data to uncover new opportunities for growth, efficiency and improved customer relationships.
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