Snowflake Positioned as a Challenger in Gartner Magic Quadrant for Data Management Solutions for Analytics

Snowflake positioned as a Challenger based on its ability to execute and completeness of vision

SAN MATEO, Calif. – Feb. 14, 2018 Snowflake Computing, the only data warehouse built for the cloud, today announced that Snowflake has been positioned as a Challenger in Gartner’s 2018 Magic Quadrant for Data Management Solutions for Analytics report*. This year’s full report is available complimentary from Snowflake here.

Snowflake views the report’s findings as confirmation that Snowflake’s cloud-built data warehouse is well-positioned to serve the data analytics needs of the modern enterprise. Specifically, Snowflake believes that it embodies all of the key attributes of data analytics technologies from yesterday, today and tomorrow: the power of data warehousing, the flexibility of big data platforms, the elasticity of the cloud, live data sharing and much more. Snowflake views these attributes as a solution to the challenges Gartner raises in the report.

According to Gartner, “The DMSA market is increasingly polarized. On the one hand, there is tremendous hype about new data types, new technologies to store and manage them efficiently, and new roles and skills to use them effectively. On the other, there is a recognition that investment in foundational traditional technologies (employed for the traditional data warehouse use case) will be essential to serve as a platform for the next wave of innovation. Both the traditional and the new are required for a modern DMSA platform.”

Bob Muglia, Snowflake CEO, said he believes that Gartner’s findings were congruent with Snowflake’s vision of enabling the global data economy when Snowflake first architected its solution. All of Snowflake’s features and benefits have emerged from its cloud-built architecture, with many more features on the horizon so that any organization can become a data-driven enterprise.

“We believe this report confirms what Snowflake has strived for since our founding in 2012 – delivering powerful and innovative technology inside of a great customer experience,” Mr. Muglia said. “The demand from enterprises to get limitless insight from all their data further reveals Snowflake’s importance in the data economy. We’re out to solve the biggest data challenges across the enterprise, between enterprises and around the globe no matter where data resides.”

Gartner’s report evaluated 22 vendors based on their ability to execute and the completeness of their vision for its Magic Quadrant for Data Management Solutions for Analytics. Gartner’s Ability to Execute axis comprised seven evaluation criteria: product or service, overall viability, sales execution/pricing, market responsiveness and track record, marketing execution, customer experience, and operations. The other axis, Completeness of Vision, comprised eight criteria: market understanding, marketing strategy, sales strategy, offering (product) strategy, business model, vertical/industry strategy, innovation, and geographic strategy.

*Gartner “Magic Quadrant for Data Management Solutions for Analytics” by Adam M. Ronthal, Roxane Edjlali, Rick Greenwald. February 13, 2018.

Gartner Disclaimer

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Snowflake Computing

Snowflake is the only data warehouse built for the cloud. Snowflake delivers the performance, concurrency and simplicity needed to store and analyze all data available to an organization in one location. Snowflake’s technology combines the power of data warehousing, the flexibility of big data platforms, the elasticity of the cloud, and live data sharing at a fraction of the cost of traditional solutions. Snowflake: Your data, no limits. Find out more at snowflake.net.

Media Contact

Eszter Szikora
Snowflake Computing
press@snowflake.net

Qubole and Snowflake Bring Machine Learning to the Cloud Data Warehouse

New partnership enables customers to utilize Apache Spark on Qubole’s cloud-native big data platform with data stored in Snowflake’s leading cloud  data warehouse  

SAN MATEO, Calif. – [Feb 13, 2018] – Qubole, the cloud big data-as-a-service company, and Snowflake Computing, the only data warehouse built for the cloud, today announced a new partnership that enables organizations to use Apache Spark in Qubole with data stored in Snowflake. With the new integration between cloud services, data teams can build, train and put in production powerful machine learning (ML) and artificial intelligence (AI) models in Spark using information stored in Snowflake. The integration also enables data engineers to use Qubole to read and write data in Snowflake for advanced data preparation such as data wrangling, data augmentation and advanced ETL to refine existing Snowflake data sets.

Qubole provides an enterprise cloud data platform for all types of big data workloads. It enables organizations to operationalize data lakes through infrastructure automation and cloud optimizations for leading open source engines. The new partnership automates the connection between Qubole and Snowflake, eliminating the complexity of manually configuring Spark and reducing the time to train and deploy ML and/or AI models with Snowflake data. This integration also provides one-time, secure credential management between Qubole and Snowflake, and access to Snowflake data through Scala and Python via Qubole’s Dataframe API for Apache Spark.

Businesses are increasingly looking to build a cloud-based data infrastructure to gain agility, scale broader analytics capabilities, as well as lower cost of ownership. At the same time, moving data warehouse infrastructures to the cloud and building data lakes dramatically improves organizations’ performance, concurrency and simplicity. With this announcement, enterprises have the best of both worlds, giving them access to a simple, out-of-the-box integration between Qubole and Snowflake for the most performant, cost effective, and proven solution to any alternatives in the market.

“For the first time our joint customers can leverage the computing power of Apache Spark and Snowflake together in an optimized environment. Customers can now benefit through our integration with Qubole to transform an organization’s decision making abilities through more advanced analytics. Our customers who have been asking for additional ML capabilities can now build unique models to improve their business. We believe so much in this partnership and the value it brings to our customers that Snowflake is already using Qubole internally to augment our security capabilities using ML techniques,” Snowflake Vice President of Alliances, Walter Aldana said.

“Enabling AI and Machine Learning is a strategic imperative for every company” Qubole COO, Kevin Kennedy said. “The fastest path to success is combining Qubole’s cloud-optimized Apache Spark implementation with data stored in Snowflake to get frictionless deployment, lowest TCO, and unlimited scale.”

ReturnPath specializes in optimizing email marketing and is a joint customer of Qubole and Snowflake. “The integration between Qubole and Snowflake is an integral enhancement to our data platform and overall data flow. It should have an immediate impact on the speed and performance of Qubole-based reporting and modeling. Through the beta we were able to leverage Qubole’s Apache Spark capabilities for machine learning algorithms while using data that resides in Snowflake, dramatically speeding up the time to build and implement models, while maintaining Snowflake as our datastore for model inputs and outputs. Additionally, this integration enables us to seamlessly leverage the value of Qubole-based reporting dashboards alongside the speed of Snowflake’s data pre-processing. These new capabilities formed through this partnership allow us to gain greater value from our data platforms and, in turn, help us deliver greater value to our customers,” Anna Sheets, Manager of Data Science and Analytics at ReturnPath said.

The integration of Snowflake and Qubole is immediately available as a feature enhancement to Qubole Data Service, Enterprise Edition. For more information, visit Qubole’s website.

About Snowflake Computing

Snowflake is the only data warehouse built for the cloud. Snowflake delivers the performance, concurrency, and simplicity needed to store and analyze all data available to an organization in one location. Snowflake’s technology combines the power of data warehousing, the flexibility of big data platforms, the elasticity of the cloud, and live data sharing at a fraction of the cost of traditional solutions. Snowflake: Your data, no limits. Find out more at snowflake.net.

About Qubole

Qubole, the leading cloud-agnostic, big data-as-a-service provider, is passionate about making data-driven insights easily accessible to anyone. Qubole delivers the industry’s first autonomous data platform. The cloud-based data platform, Qubole Data Service (QDS), removes the burden of maintaining infrastructure of multiple big data processing engines, and enables customers to focus on their data. QDS is context-aware, self-managing, and self-learning to deliver unbeatable agility, flexibility and total cost of ownership. Qubole customers process nearly an exabyte of data every month. Qubole investors include CRV, Harmony Partners, IVP, Lightspeed Venture Partners, Norwest Venture Partners and Singtel Innov8. For more information visit www.qubole.com.

Media Contact

Eszter Szikora
Snowflake Computing
press@snowflake.net

Scott Blevins
LEWIS
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+1 (415) 432-2400

Snowflake Expands Executive Team with Industry Leaders to Run Security, Products and Product Marketing

Former Google and Oracle executives add deep skills and experience to leadership team in wake of $263M funding round

SAN MATEO, Calif. — February 6, 2018 — Snowflake Computing, the data warehouse built for the cloud, today announced it has hired Christian Kleinerman as VP of Product and Amritesh Chaudhuri as VP of Product Marketing, and has appointed Mario Duarte as VP of Security. Kleinerman will oversee the continued growth and innovation of Snowflake’s products. Chaudhuri will lead product marketing, bringing extensive experience in successfully taking cloud solutions to market. . Duarte has extensive experience deploying product and company-wide security programs and will continue to advance the industry- and country-specific security requirements Snowflake customers require. All of these business functions constitute significant areas of investment and growth in the wake of the company’s January round of growth funding.

“The quality of talent Snowflake attracts and retains validates our leadership in this growing market and our values-based approach as a company,” Snowflake CEO, Bob Muglia said. “Christian, Amritesh and Mario’s industry leadership will be crucial to accelerating product innovation, enhancing our go-to-market strategy and advancing our enterprise-grade security for customers to help enterprises uncover maximum value from their data.”

Christian Kleinerman joins Snowflake from Google, where he served as Director of Product Management at YouTube, leading infrastructure and data systems. Previously, Christian spent 13 years at Microsoft, where he ran the company’s data warehousing product portfolio as general manager.

“Data is the fuel of the future and Snowflake is the company leading that charge,” Kleinerman said. “With a modern architecture built from the ground up, this revolutionary technology is already changing the way customers conduct business. Snowflake represents a unique opportunity to join an experienced leadership team and further expand on the company’s success.”

Prior to joining Snowflake, Amritesh Chaudhuri served as VP of Oracle Cloud, where he led global growth and adoption for Oracle’s Cloud Platform across a broad portfolio, including application development, application and data integration and emerging technologies such as mobile, chatbots, IoT, blockchain and AI.

“Snowflake is fast becoming the lifeblood of the data economy,” Chaudhuri said. The problem we are solving, effectively helping enterprises to maximize their data, is a very difficult and complex one, and no other company is in a better position to do so. I’m looking forward to contributing to the hyper growth of Snowflake as we help customers drive innovation with data.”

Mario Duarte is a veteran security professional who has worked in the retail, health care and financial sectors for two decades. He has built and managed security teams, developed and implemented security programs and has managed PCI and HIPAA compliance initiatives for medium and large organizations.

“Security has been a pillar of Snowflake’s architecture and culture since day one and it’s what drives us to embrace strong security safeguards in all facets of our business,” Duarte said. “This strong security ethos empowers us to protect our customers valuable data assets against existing and emerging security threats. Snowflake’s cloud-built data warehouse-as-a-service is uniquely designed to meet rigorous compliance requirements such as FedRAMP, which in turn help to accelerate our customers’ compliance initiatives.”

The expansion of Snowflake’s leadership team comes on the heels of Snowflake’s $263 million funding round led by ICONIQ Capital, Altimeter Capital and newcomer Sequoia Capital, and joined by existing investors Capital One Growth Ventures, Madrona Ventures, Redpoint Ventures, Sutter Hill Ventures and Wing Ventures. With these new additions, Snowflake is placing an emphasis on further developing its award-winning solution and continuing to build on the company’s corporate momentum.

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About Snowflake Computing
Snowflake is the only data warehouse built for the cloud. Snowflake delivers the performance, concurrency and simplicity needed to store and analyze all data available to an organization in one location. Snowflake’s technology combines the power of data warehousing, the flexibility of big data platforms, the elasticity of the cloud, and live data sharing at a fraction of the cost of traditional solutions. Snowflake: Your data, no limits. Find out more at www.snowflake.net.

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Eszter Szikora
Snowflake Computing
press@snowflake.net

Dresner ADI Report – 100% of Customers Recommend Snowflake

Industry research report ranks Snowflake above world’s largest analytical data warehouse vendors

SAN MATEO, Calif. – January 30, 2018Snowflake Computing, the data warehouse built for the cloud, today announced Snowflake’s rankings in the 2018 Analytical Data Infrastructure Market Study, published annually by Dresner Advisory Services, LLC.

Snowflake achieved the highest combined score across all attributes in Dresner’s Customer Experience Model, which evaluates a vendor’s product, and its customers’ real-world experiences with their sales and services staff. Snowflake has been named an Overall Experience Leader with the highest-score and the foremost position in the upper-right quadrant.

Snowflake also earned the top Credibility Leader designation and scored the second-highest marks in the Vendor Credibility Model, which assesses product value for customers and confidence in the vendor. High placement in the upper-right quadrant demonstrates that customers believe they receive top-value for the price and maintain significant confidence in Snowflake.

Most importantly, Snowflake received a perfect recommend score, which means that 100 percent of customer respondents said they would recommend Snowflake to others.

“We are honored by the trust our customers place in us and we look forward to providing even more value to organizations with future enhancements to Snowflake that will enable them to become data-driven enterprises,” Snowflake CEO, Bob Muglia said. “We built Snowflake as a values-driven company and believe strongly in our motto to ‘Put Customers First.’ It’s this value that drove us to create the only cloud-built data warehouse so customers could experience infinite scalability.”

Snowflake’s Director of Product Marketing, Ross Perez said: “Snowflake has performance built into its DNA, thanks to the elasticity, scalability and zero management that only our built-for-the-cloud solution can deliver, along with the highest level of security. The results of this report validate our focus on customers and our response to their need for flexible, modern platforms that can handle and analyze all data types while scaling with ease.”

Download the 2018 Analytical Data Infrastructure Market Study to learn more.

About Snowflake

Snowflake is the only data warehouse built for the cloud. Snowflake delivers the performance, concurrency and simplicity needed to store and analyze all of an organization’s data in one location. Snowflake’s technology combines the power of data warehousing, the flexibility of big data platforms and the elasticity of the cloud at a fraction of the cost of traditional solutions. Snowflake: Your data, no limits. Find out more at snowflake.net.

About Dresner Advisory Services, LLC

DAS market studies are conceived, designed and executed by Dresner Advisory Services, LLC—an independent advisory firm—and Howard Dresner, its President, Founder and Chief Research Officer. The Dresner Advisory team has over 100 years of collective industry experience, including renowned industry analysts, veteran journalists and seasoned technologists. Our market studies are not pre-funded with sponsor money and therefore are unbiased and uninfluenced by vested interests. At Dresner Advisory Services, our key differentiators are: Experience, Objectivity, and Inclusion. Learn more at dresneradvisory.com.

Media Contact

Eszter Szikora
Snowflake Computing
press@snowflake.net

Snowflake Closes $263 Million in Growth Funding to Enable Data Economy

Demand for Snowflake’s innovative cloud data analytics technology drives growth and doubles company’s total funding

SAN MATEO, Calif. – Jan. 25, 2018 Snowflake Computing, the only data warehouse built for the cloud, today announced it has closed $263 million in growth funding led by ICONIQ Capital, Altimeter Capital and newcomer Sequoia Capital. Snowflake’s latest round also includes the remainder of Snowflake’s existing funding partners: Capital One Growth Ventures, Madrona Venture Group, Redpoint Ventures, Sutter Hill Ventures and Wing Ventures. With this round of funding, Snowflake’s pre-money valuation is $1.5 billion. Since its founding in 2012, Snowflake has raised a total of $473 million in growth funding.

Snowflake continues to experience rapid growth thanks to its innovative cloud data warehouse that far surpasses the capabilities of legacy competitors. But the data warehouse was just the beginning. Snowflake continues to evolve what’s possible with data analytics, enabling enterprises to easily access critical data within their ecosystems and beyond. In the past year, Snowflake grew its customer base by 300 percent and has increased customer data stored in Snowflake four-fold.

“Data is the currency of today’s economy and the data warehouse is the engine of that economy,” Snowflake CEO, Bob Muglia said. “But legacy technologies still hinder organizations from becoming modern, data-driven enterprises. Snowflake’s vision, which began with the data warehouse built for the cloud, has gained significant traction with enterprises across dozens of industries. Today’s announcement further validates Snowflake’s continued mission to enable a true data economy by removing the barriers that prevent enterprises from easily acquiring insight from all their data no matter where that data resides.”

Today’s funding will help Snowflake execute new and existing strategies, such as:

  • Doubling down on R&D by growing Snowflake’s world-class engineering team, located at the company’s San Mateo, Calif., headquarters in the heart of Silicon Valley and its newest engineering office in Bellevue, Wash.
  • Expanding current operations across North America, EU and Asia Pacific regions to address the global surge in demand for Snowflake’s data-warehouse-as-a-service, which is now available across four AWS deployment zones.
  • Continuing to deliver new innovations such as The Data Sharehouse™, which further expands Snowflake’s lead over legacy cloud and on-premises solutions, while transforming what a cloud-built data warehouse can achieve by enabling live global data sharing and a true data economy.

“Similar to how Salesforce disrupted the CRM industry nearly 20 years ago, Snowflake is disrupting the data analytics market and leading the way in the modern data economy,” Sequoia Capital Partner Pat Grady said. “Every company today needs a strategy for managing data in the cloud, and as IoT has ushered in a new era of complexity, Snowflake is helping enterprises gain the most value from their data.”

For more information about what Snowflake’s funding announcement means to its customers, and the industry, view Bob Muglia’s blog.

For more details about Snowflake’s latest achievements over the past financial year, which closes on January 31, read below:

Corporate momentum

Product innovation

  • Introduced Snowpipe, a continuous, straightforward and cost-effective service to load data into Snowflake.
  • Announced the Data Sharehouse™, enabling direct and secure sharing of live data between enterprises, transforming how they use data as business assets.
  • Launched Virtual Private Snowflake, the ideal solution for industries such as financial services that require the highest level of security when deriving insight from their data.
  • Announced support for AWS PrivateLink, allowing any Snowflake customer to securely connect to their Snowflake instance without traversing the Internet.
  • Introduced Instant Elasticity, allowing customers to define their service level agreement, while providing an unlimited number of users with consistent performance, per-second pricing and no overbuy.
  • Expanded Snowflake’s availability to four AWS regions: US West (Oregon), US East (Northern Virginia), EU (Frankfurt) and Asia Pacific (Sydney).

Customer acquisition

  • Grew customer base by 300 percent and added notable customers, including Capital One, Lionsgate, Nielsen and Overstock.com.
  • Increased customer growth across key industries, including: technology (325 percent), telecommunications (300 percent), finance (260 percent), advertising (225 percent) and healthcare (214 percent).

Ecosystem expansion

  • Teamed up with AWS, Looker, Talend and WhereScape to launch the Cloud Analytics Academy – a training and certification program for data professionals who want to advance their skills for the technology and business demands of today’s data analytics.
  • Added new strategic partnerships with Alteryx, Cognizant, Informatica, Matillion, Sirius, Slalom, Talend, Virtusa and Wipro Limited.
  • Partnered with Tableau, Wipro, Talend and Looker to launch the 2018 Cloud Analytics World Tour, spanning three continents and 14 cities, with live events that have already attracted more than 2,000 registrants.

Resources

About Snowflake Computing

Snowflake Computing is the only data warehouse built for the cloud. Snowflake delivers the performance, concurrency and simplicity needed to store and analyze all of an organization’s data in one location. Snowflake’s technology combines the power of data warehousing, the flexibility of big data platforms and the elasticity of the cloud at a fraction of the cost of traditional solutions. Snowflake: Your data, no limits. Find out more at snowflake.net.

Media Contact

Eszter Szikora
Snowflake Computing
press@snowflake.net

Snowflake and Matillion partner so enterprises can easily load, store and transform all their data in a single, cloud-built data warehouse.

Leading cloud data analytics solution providers enable single source of truth.

SAN MATEO, Calif. – January 22, 2018 – Matillion ETL, a powerful ETL/ELT tool, and Snowflake Computing, the data warehouse built for the cloud, today announced a new partnership to make the process of extract, transform, load (ETL) on Snowflake fast, easy and affordable.

Joint customers can now load data into Snowflake from a variety of sources, including databases, APIs and common systems such as Google Analytics, Salesforce, Netsuite and SAP. Customers can also directly load semi-structured data such as JSON, XML and Avro. These newer data types, when integrated with structured data, can lead organizations to make the most informed business decisions.

Traditional ETL methods to extract, load and transform data are often complicated and costly to implement, delaying crucial time to value for organizations. Unlike modern solutions designed for the cloud, on-premises systems and “cloud-washed” versions of these legacy systems can also be expensive and difficult to scale.

Available immediately, Matillion ETL for Snowflake makes it easy to rapidly orchestrate and automate data loading and transformation. Snowflake and Matillion deliver Snowflake’s built-for-the-cloud data warehouse that architecturally scales compute separate from storage to deliver a truly elastic, performant, flexible and affordable solution. Matillion delivers a highly-integrated data integration tool, purpose-built for Snowflake, that loads and integrates structured and semi-structured data, transforming that data for organizations to quickly derive insight.

“We transferred our entire data warehouse over to Snowflake and Matillion ETL for Snowflake and were production-live within two weeks,” Upside Travel data engineer, Matt Boegner said. “We can now quickly scale up the virtual warehouse to handle massive loads of raw flight and hotel inventory, and then scale down for cost efficiency during normal business operations.”

Snowflake’s Vice President of Alliances, Walter Aldana said: “Partnering with Matillion provides our joint customers with a solution that reduces time, cost and friction in the ETL process. Through our partnership, customers realize up to a 50% reduction of their development and maintenance efforts as a result of the streamlined UI integration to Snowflake.”

Matillion CEO, Matthew Scullion said: “Customers want solutions that give them a competitive edge via data analytics. By partnering with Snowflake, we offer customers an ETL tool that combines the only built-for-the-cloud data warehouse with a browser-based graphical job environment that’s intuitive and enables customers to get up and running in a matter of minutes.”

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About Matillion

Matillion is a modern, powerful ETL/ELT tool that makes data loading and transformation fast, easy and affordable. Matillion is fundamentally changing data integration, enabling customers to innovate at the speed of business, with cloud-native data integration technology that solves individuals’ and enterprises’ top business challenges. 

About Snowflake Computing

Snowflake is the only data warehouse built for the cloud. Snowflake delivers the performance, concurrency and simplicity needed to store and analyze all data available to an organization in one location. Snowflake’s technology combines the power of data warehousing, the flexibility of big data platforms, the elasticity of the cloud, and live data sharing at a fraction of the cost of traditional solutions. Snowflake: Your data, no limits. Find out more at www.snowflake.net.

Media Contact

Eszter Szikora
Snowflake Computing
press@snowflake.net

Snowflake Expands its Most Successful Live Cloud Analytics Event to Three Continents

The Cloud Analytics World Tour will traverse the US, Europe and Australia to help senior data professionals and business analytics users unite their data with modern cloud data warehousing 

SAN MATEO, Calif. – Jan 17, 2018 – Snowflake Computing, the only data warehouse built for the cloud, today announced that registration is open for its 2018 Cloud Analytics World Tour, which will include the US, Europe and inaugural events in Australia. The Snowflake global event series spans February 6 – May 10 and will center on the theme “Unite the Data Nation.” Each half-day event will bring together the brightest minds to discuss the latest trends, best practices and lessons learned in data warehousing and data analytics.

Attendees will gain evidence-based insights and the tools and techniques they need to unite data, people and technology across their organizations. The international tour kicks off in London and will visit 14 cities over four months, ending in Melbourne. The tour is expected to draw thousands of senior business leaders, analytics professionals and IT professionals from the US, Europe and Australasia.

“Across the world, people at organizations of all sizes are trying to unify their tools, people and data for more effective and insightful analytics,” Snowflake’s Chief Marketing Officer, Denise Persson said. “The Cloud Analytics World Tour will help attendees escape the restraints of legacy technology, empower everyone in the organization with data, and create a truly global enterprise data warehouse that unlocks all the value hidden in all of their data.”

Confirmed speakers from the Snowflake Cloud Analytics World Tour include:

  • David Abercrombie, senior staff engineer, Sharethrough
  • John Adams, CTO, Bringhub
  • Trevor Beuthel, lead DW/BI engineer, Vibes
  • Martha Bennett, principal analyst at Forrester
  • Tom Davenport, best-selling author and professor at Babson College
  • Guy DeCorte, founder and chief technology officer, Gravy Analytics
  • Ryan Frazier, director of systems engineering and operations, Harvard Business School
  • Matt Glickman, vice president of product, Snowflake
  • Deeraj Haridas, director of business intelligence & analytics, Vibes
  • Claudia Imhoff, president and founder of consultancy Intelligent Solutions Inc.
  • Craig Kelly, group product manager, Overstock.com
  • Bob Muglia, CEO, Snowflake
  • Philippe Nieuwbourg, analyst, author and lecturer at Decideo
  • Robert Parviainen, vice president of data science, Seriously Digital Entertainment
  • Tommi Vihervaara, development manager, BI and data analytics, Finavia
  • Jason White, senior director, software engineering, Blackboard
  • Tristan Woerth, head of data science, siroop

The Cloud Analytics World Tour will include free half-day events at:

London – February 6
Paris – February 8
Stockholm – February 13
Munich – February 15
San Francisco – March 13
Seattle – March 15
Denver – March 20
Austin – March 21
Atlanta – March 22
Chicago – April 10
Washington, D.C. – April 12
New York City – April 17
Sydney – May 9
Melbourne – May 10

Each event will include:

  • A presentation from a lead industry analyst on the state of cloud data analytics.
  • Powerful use cases that expose the limitations of traditional data warehousing and reveal what cloud data warehousing can deliver.
  • Best practices from partners and customers, who will share how built-for-the-cloud data warehousing transformed their struggles into successes.
  • Q&A sessions between industry experts and event attendees followed by a networking reception.

The Snowflake Cloud Analytics City Tour is brought to you by Snowflake’s strong ecosystem of technology and solution partners including Wipro, Talend, Tableau and Looker. Secure your seat for the Cloud Analytics World Tour here: http://bit.ly/cloudanalyticstour2018

Resources

About Snowflake Computing

Snowflake is the only data warehouse built for the cloud. Snowflake delivers the performance, concurrency and simplicity needed to store and analyze all data available to an organization in one location. Snowflake’s technology combines the power of data warehousing, the flexibility of big data platforms, the elasticity of the cloud, and live data sharing at a fraction of the cost of traditional solutions. Snowflake: Your data, no limits. Find out more at www.snowflake.net.

Media Contact

Eszter Szikora
Snowflake Computing
press@snowflake.net

Snowflake Teams with MicroStrategy to Deliver Fast Access and Rich Insight to Enterprise Data

Business analysts generate intuitive results from massive amounts of data in seconds

SAN MATEO (January 16, 2018) —– Snowflake Computing, the only data warehouse built for the cloud, and MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of enterprise analytics and mobility software, today announced a technology partnership to serve joint customers with a flexible and highly scalable cloud-built data warehouse, with modern business intelligence and predictive analytics applications. Together, Snowflake and MicroStrategy help customers take full advantage of the cloud and modern, sophisticated analytics to get fast answers to their toughest data questions.

The integration of MicroStrategy and Snowflake unifies data across the enterprise, giving customers a single version of the truth. The power, simplicity and high scalability of Snowflake takes the complexity out of fast, easy access to massive amounts of structured and semi-structured enterprise data, empowering business analysts to make data-driven decisions in less time.

Sharethrough, a leading provider of native advertising software for publishers and a joint Snowflake/MicroStrategy customer, has streamlined and simplified its analytics pipeline and made data more accessible to users making critical business decisions. In the past, queries that took more than a weekend now take 30 seconds. Reports that ran in 45 minutes now take a few seconds, requiring the work of just one business professional.

“Getting data for analysis was an extremely complex and time-consuming process for us, requiring hours to run a single report and forcing our business users to understand the underlying schema of our data warehouse,” Sharethrough’s senior staff engineer, David Abercrombie said. “We moved our core warehouse to the cloud with Snowflake and brought in MicroStrategy to make data easy to consume for nontechnical business users. We’re now running large reports in less than four seconds and our analysts can make better decisions based on much richer data.”

MicroStrategy CEO Michael J. Saylor said: “MicroStrategy’s collaboration with Snowflake’s cloud-built data warehouse brings clarity and insight to large volumes of data. Together, we’re helping customers turn that data into a tremendous competitive advantage.”

Because Snowflake is native to the cloud, it enables organizations to focus on using their data instead of managing infrastructure. Analysts get direct access to data without sacrificing flexibility, security or performance.

“MicroStrategy and Snowflake share a vision of breaking down barriers that once barred companies from enabling all of their data by all of their business users,” Snowflake CEO, Bob Muglia said. “The combination of Snowflake and MicroStrategy removes those barriers for any company of any size, including the largest enterprises that need to analyze massive amounts of data.”

At MicroStrategy World 2018 in Las Vegas, Sharethrough’s David Abercrombie will lead a live session about how Snowflake’s built-for-the-cloud data warehouse and MicroStrategy’s platform provide business users with real-time access to complex data for rapid analysis and decision-making. Join the session on January 16 at 2:15 p.m. For more details and to register, visit the MicroStrategy World website.

Resources

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About Snowflake Computing
Snowflake is the only data warehouse built for the cloud. Snowflake delivers the performance, concurrency and simplicity needed to store and analyze all data available to an organization in one location. Snowflake’s technology combines the power of data warehousing, the flexibility of big data platforms, the elasticity of the cloud, and live data sharing at a fraction of the cost of traditional solutions. Snowflake: Your data, no limits. Find out more at www.snowflake.net.

About MicroStrategy Incorporated

MicroStrategy (Nasdaq: MSTR) is a worldwide leader in enterprise analytics and mobility software. A pioneer in the BI and analytics space, MicroStrategy delivers innovative software that empowers people to make better decisions and transform the way they do business. We provide our enterprise customers with world-class software and expert services so they can deploy unique intelligence applications. To learn more, visit MicroStrategy online, and follow us on LinkedInTwitter and Facebook.

MicroStrategy and MicroStrategy World are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.

Media Contacts

Eszter Szikora

Snowflake Computing

press@snowflake.net

 

Claudia Cahill

MicroStrategy Incorporated

ccahill@microstrategy.com

Overstock.com Selects Snowflake’s Cloud Data Warehouse to Empower Data Scientists

Modern cloud analytics delivers Overstock customers what they want, for less.

SAN MATEO, Calif. – Dec 5, 2017 Snowflake Computing, the only data warehouse built for the cloud, today announced that Overstock.com, Inc. (NASDAQ:OSTK) has chosen Snowflake to augment and scale its data science initiatives. Snowflake enables, Overstock, one of the world’s premier home goods and furnishings retailers, to fast-track highly impactful data science projects to deliver on its brand promise of using technology to help customers find just what they want, for less. Overstock joins fellow online retailers Rue La La and Rent the Runway in leveraging Snowflake’s modern, cloud-built data warehouse.

“A common meme in the data science world is that data scientists spend 80 percent of their time prepping data and 20 percent of their time building models.  We wanted to flip that ratio,” Overstock’s Vice President of Product and Analytics, Joe Kambeitz said. “A key part of that initiative is investing in the right tools for our data scientists, and Snowflake is that solution when it comes to allowing data scientists to rapidly scale and deploy their workloads.”

Overstock uses Snowflake’s cloud-built data warehouse to easily load and integrate structured and semi-structured data in one place for quick and powerful analysis. Snowflake’s cloning and time travel capabilities allow Overstock’s data scientists to independently and simultaneously work on their own golden data set. The platform’s elastic compute and linear scaling capabilities enable unlimited parallelism and unmatched performance, allowing Overstock’s data scientists to move faster than ever. Packaging complex features for new data science models now occurs within hours or days, compared to the weeks it could take before partnering with Snowflake.

“Everything we do is about understanding our customers better in order to deliver the best possible shopping experience,” Overstock’s Senior Vice President of Marketing, JP Knab said. “Data has always been the frontier in e-commerce and we need to leverage data faster to deliver optimal customer experiences. With Snowflake, activities that required months of hardware and pipeline implementation now occur instantly by simply spinning up a new cluster.”

Snowflake CEO Bob Muglia said: “E-commerce companies sit on massive troves of data. The successful, customer-centric businesses transform that data into meaningful and actionable insight to make informed business decisions. Overstock has stockpiled nearly 20 years of data, requiring a modern cloud data warehouse solution that enables its data science team to work quickly and uncover insights and trends across all of that data.”

Resources

About Snowflake Computing

Snowflake is the only data warehouse built for the cloud. Snowflake delivers the performance, concurrency and simplicity needed to store and analyze all data available to an organization in one location. Snowflake’s technology combines the power of data warehousing, the flexibility of big data platforms, the elasticity of the cloud, and live data sharing at a fraction of the cost of traditional solutions. Snowflake: Your data, no limits. Find out more at snowflake.net.

About Overstock

Overstock.com, Inc. Common Shares (NASDAQ:OSTK) / Series A Preferred (Medici Ventures’ t0 platform : OSTKP) / Series B Preferred (OTCQB:OSTBP) is an online retailer based in Salt Lake City, Utah that sells a broad range of products at low prices, including furniture, décor, rugs, bedding, and home improvement. In addition to home goods, Overstock.com offers a variety of products including jewelry, electronics, apparel, and more, as well as a marketplace providing customers access to hundreds of thousands of products from third-party sellers. Worldstock.com is a store within Overstock dedicated to selling artisan-crafted products from around the world. Forbes ranked Overstock in its list of the Top 100 Most Trustworthy Companies in 2014. Overstock regularly posts information about the company and other related matters under Investor Relations on its website, http://investors.overstock.com/phoenix.zhtml?c=131091&p=irol-irhome.

Media Contact

Eszter Szikora
Snowflake Computing
press@snowflake.net

 

Mark Delcorps
Overstock.com
PR@Overstock.com

Snowflake Introduces Snowpipe – Continuous, Automated and Cost-effective Data Loading

Customers can now automate and continuously load data for faster and more accurate data-driven business decisions.

SAN MATEO, Calif. – Nov 28, 2017 Snowflake Computing, a data warehouse built for the cloud, today announced the public preview of Snowpipe – a continuous, straightforward and cost-effective service to load data into Snowflake. Snowpipe is an automated service built using Amazon SQS and other Amazon Web Services (AWS) solutions that asynchronously listen for new data as it arrives to Amazon Simple Storage Service (Amazon S3) and regularly loads that data into Snowflake.

New data-generating applications emerge nearly every day, creating continuous streams of data in many structured and semi-structured formats. Organizations need to analyze this data as quickly as possible to support rapid decision-making. Unfortunately, traditional data warehouses batch load data at off-peak times to avoid contention with other workloads.

Snowpipe overcomes the barriers of legacy solutions by providing the following benefits to enable data-driven organizations:

  • Real-time insights – Snowpipe promptly provides fresh data to all your business users without workload contention.
  • Cost-effective – Pay only for the per-second compute utilized to load data instead of running a warehouse continuously or by the hour.
  • Ease-of-use – Simply point Snowpipe at an Amazon S3 bucket and data will automatically load asynchronously as it arrives.
  • Flexibility – Technical resources can interface directly with the programmatic REST API, using Java and Python SDKs to enable highly customized loading use cases.
  • Zero management – Snowpipe automatically provisions the correct capacity for the data being loaded. No servers or management to worry about.

Snowflake provides seamless automated data loading with Snowpipe. Leveraging Amazon S3, Amazon Elastic Compute Cloud (Amazon EC2) and other AWS services, Snowflake also separates storage, compute and services into three separate layers. This helps customers overcome the following traditional data warehousing challenges:

  • Legacy architecture – Tightly coupled storage and compute create contention with queries as data is loaded.
  • Stale data – Batch loading prevents organizations from acquiring instant, data-driven insights.
  • Limited data support – Lack of support for semi-structured data requires users to transform data and define a schema before loading.
  • High-maintenance – Traditional data warehouse tools require additional overhead in the form of constant indexing, tuning, sorting and vacuuming.

Spireon, a vehicle intelligence company and a Snowflake customer, has nearly four million vehicles on its platform that gathers billions of events about its customers’ vehicle activity. “We have a constant stream of data we need to analyze in real time, and Snowpipe enables us to do just that,” Spireon’s Director of Information Architecture, Dave Withers said. ”Spireon is a data-driven company, and Snowpipe is a part of our platform that provides valuable insights to help our customers be more efficient, better protected and more profitable.”

Snowflake’s VP of Alliances, Walter Aldana said: “Snowpipe capitalizes on Amazon S3, Amazon EC2 and Amazon SQS to continuously load an organization’s data into Snowflake. Many of our customers, and the industries in which they compete, demand fresh and accurate data be delivered in seconds or minutes, not hours or days. Snowpipe helps make that possible. With Snowpipe, Snowflake continues to remove the barriers that prevent organizations from acquiring relevant insight from all their data for all their business users.”

Ken Chestnut, AWS Global Segment Lead, said: “Companies are taking advantage of the cloud to manage their modern data workloads and make better, faster decisions. Snowpipe built on AWS makes it easier for customers to process, analyze and consume data in real time.”

Snowpipe is available immediately for public preview on request and will be available in open public preview starting December 8. To find out more about Snowpipe, click here. To read a Snowpipe blog, which details the technical attributes of Snowpipe, click here.

Resources

About Snowflake Computing

Snowflake is the only data warehouse built for the cloud. Snowflake delivers the performance, concurrency and simplicity needed to store and analyze all data available to an organization in one location. Snowflake’s technology combines the power of data warehousing, the flexibility of big data platforms, the elasticity of the cloud, and live data sharing at a fraction of the cost of traditional solutions. Snowflake: Your data, no limits. Find out more at snowflake.net.

Media Contact

Eszter Szikora
Snowflake Computing
(408) 666-5694
press@snowflake.net