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Corporate Social Responsibility program expands to include Teradata's core competencies in data analytics
DAYTON, Ohio, Sept. 16, 2013 /PRNewswire/ -- Teradata (NYSE: TDC) is bringing the data revolution to strong and significant social charities around the world through an exciting new data philanthropy initiative. By using its core competencies in data analytics, Teradata plans to help these non-profit organizations tackle the thorny data problems they face, and use the analytics to better serve the needs of their clientele.
"Our commitment to our customers – to drive value from data – is reflected in our strategic giving focus on data philanthropy – to use the power of data for public good. We are proud of this new direction, and excited about the opportunities to do more with data to strengthen our communities and the world at large," said Teradata President and CEO Mike Koehler.
Teradata has begun this data philanthropy focus in partnership with DataKind, a non-profit that matches talented data scientists with non-profit and non-governmental organizations that have huge troves of data but lack the resources to analyze them. By working together, Teradata and these high-impact social organizations can use the data analysis to make people's lives easier and more rewarding.
A video about the first DataKind UK event sponsored by Teradata can be seen here: http://bit.ly/1e9Ucww
Said DataKind founder and executive director Jake Porway, "The data revolution is transforming the way we understand and interact with each other and the world. DataKind is nothing without a team of awesomely smart, creative, and talented data wizards constantly tackling big thorny data problems, and our corporate sponsors who willingly underwrite our efforts."
The first Teradata-sponsored DataKind event took place July 26 to 28 in London, under the direction of DataKind UK. The event, known as a DataDive, brought together data-expert volunteers with selected charities and public sector organizations in a free weekend event to share experience and best practices and to produce solutions to their urgent and strategic data challenges, all in about 48 hours.
Duncan Ross, Teradata Director of Data Science, is one of the initial supporters of DataKind UK and a director of the non-profit organization. "Most charities lack the budget to establish and maintain teams of data scientists, but like commercial organisations, they realise that data analytics can point the way to assessing problems and addressing them more effectively," said Ross. "The DataDive gave our four non-profits new insights, great visualisations, some really interesting predictions; and most importantly ideas about how to transform their ways of working."
Teradata is recognized as a leader in corporate social responsibility, with listings in the Dow Jones Sustainability Index for 2013, the FTSE4Good Index, the Forbes Global 2000 Leading Companies and the Maplecroft Climate Innovation Index.
"Data philanthropy is the right role for the company to leverage our strengths and technology and we intend for it to become a pillar for our company and for our customers and partners," said Sherri Morgan, Teradata community relations director. "Our associates are very active in Teradata Cares and expanding the program to include data philanthropy offers new opportunities for those who are eager to give back by volunteering their unique skills."
Teradata Corporation (NYSE: TDC) is the world's leading analytic data solutions company, focused on integrated data warehousing, big data analytics, and business applications. Teradata's innovative products and services deliver data integration and business insight to empower organizations to make the best decisions possible and achieve competitive advantage. Visit teradata.com for details.
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