Heightened demand and growing investments in big data by various enterprises should foster the industry’s growth. Prominent big data stocks Datadog (NASDAQ:DDOG) and Teradata (TDC) are well-positioned to benefit from these tailwinds. But which of these stocks is a better buy now? Read more to find out.Datadog, Inc. (DDOG) and Teradata Corporation (NYSE:TDC) are two prominent companies engaged in the big data space. DDOG provides a monitoring and analytics platform for developers, IT operations teams, and business users in the cloud age. Its SaaS platform integrates and automates infrastructure monitoring, application performance monitoring, log management, security monitoring, and various shared features to provide real-time observability of customers' technology stack. On the other hand, TDC focuses on providing a connected multi-cloud data platform for enterprise analytics. Its Teradata Vantage data warehouse and analytics platform allow customers to integrate and simplify their multi-cloud data and analytic ecosystems.
The growing demand for big data, data analytics and management, and cybersecurity has enabled the data industry to grow substantially over the years. Analysts predict that by 2025, each connected person will have at least one data interaction every 18 seconds. The global Big Data market is expected to grow at 18% CAGR between 2021 to 2025. So, both TDC and DDOG should benefit in the long run.
While DDOG gained 63.3% year-to-date, TDC has surged 87%. TDC is a clear winner with 81.4% gains versus DDOG’s 57.2% in terms of their past year’s performance. But which of these stocks is a better pick now? Let us find out.