What are European businesses doing to stay vibrant and growing despite an economic crisis and budget cutbacks? Squeeze more value out of the assets they already have, of course.
For some, that means dumping expensive software licenses to install alternatives such as low-cost Red Hat
That's why big data management expert Teradata
In the third quarter, this strategy led to 23% year-over-year sales growth overall and 28% stronger earnings per share. Free cash flow jumped 60% to $75 million, and $57 million of that was used to buy back shares. With a few notable exceptions, that's generally a very Foolish way to deploy spare cash. Teradata is a smart cash machine.
Teradata's data-mangling expertise is a complement to the real-time data analysis tools made by TIBCO Software
The company is a leader in this increasingly important niche market. Challengers include Oracle
Teradata is a two-time Stock Advisor recommendation and a current favorite of the newsletter's advisors. Want to learn much more about the big data crunch and how Teradata taps into that megatrend? We've prepared a special report on exactly those topics, available right here for immediate download. Going back to the budget concerns that started off this short discussion, let me just mention that the report is totally free. Get your copy right now!