During Wednesday’s trade, Shares of Teradata Corporation (NYSE:TDC), lost -0.17% to $28.91.
Teradata Corp., declared that Sligro Food Group Netherlands will manage its new approach to customer-focused marketing with a Teradata data warehouse platform and Teradata Marketing Applications solutions. Sligro is a B2B wholesale company for food professionals in the Benelux.
Instead of sending mass mailings, Sligro banks on a targeted, individualized customer communications program via all on- and offline channels. This requires a different, data-driven approach. To put that into practice, ten years of customer data will be loaded into and managed by the Teradata database. In addition, Sligro will use Teradata’s Omni-Channel Marketing Solution to analyze customer data, segment target groups, and generate real-time multi-channel dialogues over online and offline channels, to drive raised customer retention. This will enable Sligro’s marketers to base their activity on known or predicted customer behavior.
Maurice van Veghel , CIO Sligro Food Group, said, “We have been looking at various leading vendors in the pre-selection. Teradata has proven to provide a stable, scalable infrastructure and state-of-the-art software that fits our new Sligro philosophy.”
Teradata Corporation provides analytic data platforms, marketing and analytic applications, and related services in the United States and internationally. Its analytic data platforms comprise software, hardware, and related business consulting and support services for data warehousing and big data analytics.
Shares of XL Group plc (NYSE:XL), inclined 1.13% to $38.55, during its current trading session.
XL Group plc, declared preliminary loss estimates for the following events, pretax and net of reinsurance and reinstatement premium:
- Preliminary estimated losses related to the mid-August 2015 Tianjin, China port explosion are about $100 million, of which about 30% of this is attributable to the Insurance segment and 70% to the Reinsurance segment; and
- Preliminary estimated losses related to natural peril catastrophes for the third quarter 2015 of about $30 million, primarily attributable to the Reinsurance segment. Natural peril catastrophes comprise the Chilean earthquake and development on preceding quarter events the majority of which pertain to the 2015 US Winter Storms.
The Company’s preliminary loss estimates are based on its review of individual treaties and policies predictable to be influenced and client data received to date and has taken into account current total insured market loss estimates, from both published sources and the Company’s internal analyses. Given there is presently a wide range of estimates for the extent of total economic and insured industry losses for these events, the Company’s loss estimates involve the exercise of considerable judgment and are accordingly subject to revision as additional information becomes available. Actual losses may differ materially from these preliminary estimates.
XL intends to release its third quarter 2015 results after the close of regular stock market trading hours on Monday, October 26, 2015. To the extent available, the Company intends to provide an update regarding these events on its conference call to discuss third quarter results, to be held at 5:00 p.m. Eastern Time on Monday, October 26, 2015.
XL GROUP Public Limited Company, an insurance and reinsurance company, provides property, casualty, and specialty products to industrial, commercial, and professional firms; and insurance companies and other enterprises worldwide.
Finally, Shares of Qlik Technologies Inc (NASDAQ:QLIK), lost -1.57%, and is now trading at $34.54.
Qlik, declared that LSG Sky Chefs, the world’s largest provider of inflight services, uses Qlik Sense to visualize data from its Corporate M&A and Auxiliaries.
LSG Sky Chefs wanted more detailed insight into data regarding potential merger and acquisition targets. Qlik Sense not only has assisted reduce the time it takes to create the reports, it also has lowered the error rate by automating the entire process. Now users can analyze data intuitively and see information in a more visually appealing way. Presently, about 18 million records are being analyzed with Qlik Sense both on desktop and mobile via iPads. This allows administration to stay updated on current facts both inside and outside of the office.
From an IT perspective, Qlik Sense was chosen for its performance, operational simplicity, the broad ETL functions in addition to the short time-to-market for the implementation. “With Qlik Sense, we are able to create analysis and reports much more rapidly than with traditional BI. This way, we can react earlier and more flexible to the changing requirements for our company,” said Alexander Ziehn, Director Competence Center Finance & Reporting, LSG Sky Chefs.
Qlik Technologies Inc. provides user-driven business intelligence solutions that enable customers to make business decisions. The company develops, commercializes, and implements software products and related services.
