Mercado Libre, an online commerce marketplace in Latin America, has completed migration of its data warehouse ecosystem to Teradata IntelliCloud.
Following the cloud migration from an on-premises platform to Teradata IntelliCloud on IntelliFlex, Mercado Libre benefitted from accelerated business decision-making, response time to customers and users, and agility and elasticity for meeting spike in demands for additional processing.
Teradata IntelliCloud, the newest generation of Teradata’s managed cloud offering, provides data and analytic software as a service (SaaS).
Teradata, a data and analytics company, said the data ecosystem at Mercado Libre runs on Teradata IntelliFlex, the company’s flagship enterprise data warehouse platform. IntelliCloud ensures 100 percent software consistency while increasing business agility and boosting focus on data-driven analytic insights.
Mercado Libre hosts online commerce platforms in 18 countries with more than 3,500 searches per second. Mercado Libre has 182 million customers and 70,000 queries running per hour. Analysts from different Business Units access data loaded in real-time to generate insights which require data ecosystem to manage huge data volumes.
“The magnitude of our business marketplace, payment system – and the resulting volume of high-concurrency, mixed-workload, and complex queries – has required data management power that other platforms could not handle,” said Adrian Quilis, business intelligence senior manager, Mercado Libre.
Mercado Libre is also testing and experimenting with additional Teradata products, such as Teradata QueryGrid.
“90 percent of our customers expect to have a hybrid cloud environment – and 85 percent expect to buy as a service for data warehousing,” said Oliver Ratzesberger, chief product officer of Teradata.