In the fourth quarter of 2022, Teradata achieved its highest-ever cloud earnings. Annual recurring revenue from the public cloud saw an 81% year-on-year increase in constant currency, reaching $357 million. This growth highlights the company’s increasing popularity in cloud-based data warehousing and analytics software. The company credits this growth to strong customer demand for its unique platform, which led to the adoption of new workloads, driving successful migrations and expansions.