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Teradata chases hyperscaler, SI partnerships in cloud push
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Leaving Russia cost Teradata $60m
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OpenCorporates appoints new CEO to strengthen its leadership in transparent company data
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Qualtrics posts revenue, subscription rise after leaving SAP s bosom
Plus: UiPath and Teradata give investors reason for cheer. Yes, plenty of the wrong people happy on a Thursday in lockdown
Lindsay Clark Thu 22 Apr 2021 // 15:15 UTC Share
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Former SAP biz Qualtrics has beat expectations by posting a substantial revenue and subscriptions rise amongst three bits of upbeat tech-stock news that indicate fair winds for the market, putting smug smiles on the faces of investors.
The survey-Monkey-with-knobs-on company has posted total revenue of $238.6m for calendar Q1, up 36 per cent year-on-year. Subscriptions were up to 20,370 from 13,716.
Qualtrics, which was founded in 2002 with a vision for “experience management”, made an operating loss of $196.5m in the quarter, compared with a loss of £36.9m a year earlier, chalking most of that up to the cash settlement of the stock-based payment liabilities.
Can Teradata avoid being grounded by on-prem legacy? Actually it helps in avoiding nasty cloud costs, says CEO
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