Risk Factors Update Summary
- Launched Teradata VantageCloud Lake and Teradata VantageCloud Enterprise components, migrated customers to cloud, released new capabilities throughout 2023, with expected ongoing enhancements.
- Increased focus on expanding customer workloads in on-premises and cloud platforms to maintain leadership in analytic data solutions.
- Introduced new brand identity in 2023 to reflect leadership in AI, analytics, and cloud data.
- Challenges with the design and implementation of new ERP system could impact financial reporting.
- Increased exposure to information security risks due to transition to cloud-based SaaS and cloud solutions.
- Changes in customer IT spending preferences and market demands may challenge differentiation.
- Increased scrutiny on international tax and continuous changes may affect tax policies and decisions.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=816761&owner=exclude
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