Mercado Libre, a large Latin American online commerce marketplace, has completed migration of its active data warehouse ecosystem to Teradata IntelliCloud – the newest generation of Teradata’s secured managed cloud offering that provides data and analytic Software-as-a-Service (SaaS).
Mercado Libre, which hosts online commerce platforms in 18 countries with more than 3,500 searches per second, 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 requires a massive data ecosystem to efficiently and seamlessly manage huge data volumes.
The data ecosystem at Mercado Libre runs on Teradata IntelliFlex, the company’s flagship enterprise data warehouse platform. By leveraging the same software, training, tools and ecosystem applications that Teradata customers have already invested in for their on-premises systems, IntelliCloud would ensure “100 percent software consistency while increasing business agility and boosting focus on data-driven analytic insights that have meaningful business outcomes.”
“The magnitude of our fast-growing 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 Adrián Quilis, Business Intelligence Senior Manager, Mercado Libre. “We are pleased with our decision to migrate from an on-premises platform to Teradata IntelliCloud on IntelliFlex. This has accelerated our business decision-making, our response time to our customers and users, and it provides the agility and elasticity we need when we have sudden, spiking demands for additional processing.”
The cloud deployment went quite smoothly and for this reason Mercado Libre is also testing and experimenting with additional Teradata products, such as Teradata QueryGrid, Mr. Quilis added. He foresees business growth to continue at levels over the past few years and expects the size of the data ecosystem to more than double in the near future.