- Snowflake eliminates silos and data movement by advancing its
support for Iceberg Tables, enabling users to bring all of their
data together in the Data Cloud
- Snowflake furthers its leading governance and compliance
capabilities with new innovations to Snowflake Horizon, enabling
users to confidently protect, secure, connect, and access data,
apps, and more
- Snowflake’s Cost Management Interface brings together existing
cost management features and new capabilities so admins gain
increased visibility, control, and optimizations of their Snowflake
spend, all in one user interface
Snowflake (NYSE: SNOW), the Data Cloud company, today announced
at its Snowday 2023 event new enhancements that provide thousands
of Snowflake customers that already rely on the Data Cloud as their
trusted data foundation with new ways to eliminate silos and bring
AI and app development directly to their enterprise data.
Snowflake’s latest announcements empower organizations to derive
even more value by unifying all of their data in a single data
foundation, secured by a powerful governance model, while providing
them with leading cost-efficiency and performance. Organizations
can now bring any type of development and workload to their data,
further unlocking new innovations with the Data Cloud.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20231101130827/en/
Snowflake Advances its Trusted Data
Foundation to Unite All Data and Extend Its Powerful Governance
Capabilities (Graphic: Business Wire)
“Having a strong data foundation is the key to a successful AI
strategy, and Snowflake’s latest innovations ensure that our
customers have the ability to leverage data and harness emerging
technologies in secure and governed ways,” said Christian
Kleinerman, SVP of Product, Snowflake. “Snowflake is making it
easier for users to put all of their data to work, without data
silos or tradeoffs, so they can create powerful AI models and apps
that transform their industries.”
Snowflake Further Eliminates Data Silos to Fuel
Organizations’ Data Strategies
With Snowflake as the data backbone powering organizations’ data
and AI strategies, it’s imperative that customers can tap into all
of their data and support more workloads to drive impact. Snowflake
is further eliminating silos by advancing its support for
Iceberg Tables (public preview soon), enabling users to
unite all of their data together in the Data Cloud. Iceberg Tables
bring Snowflake's ease of use, performance, and universal
governance to data stored and managed externally in the popular
open standard Apache Iceberg format, while also allowing access to
that data from other engines. Iceberg Tables provide further choice
to customers, so organizations can easily support additional
architecture patterns to implement their data lake, data lakehouse,
data mesh, and data warehouse with Snowflake.
Snowflake Horizon Expands its Leading Governance
Capabilities
Snowflake’s single, cross-cloud governance model has always been
a powerful differentiator, enabling customers to manage their
increasingly complex data ecosystems with simplicity and ease. As a
result, Snowflake is enhancing its governance capabilities that
thousands of customers already rely on through Snowflake Horizon.
Snowflake Horizon is Snowflake’s built-in governance solution with
a unified set of compliance, security, privacy, interoperability,
and access capabilities in the Data Cloud. Snowflake Horizon makes
it easy for customers to govern and take immediate action on data,
apps, and more across clouds, teams, partners, and customers — both
inside and outside of organizations. Snowflake continues to advance
Snowflake Horizon with additional capabilities including:
- Additional Authorizations and Certifications: Snowflake
recently achieved compliance for the UK’s Cyber Essentials Plus
(CE+), FBI’s Criminal Justice Information Services (CJIS) Security
Policy, IRS’s Publication 1075 Tax Information Security Guidelines,
and assessments by the Korea Financial Security Institute (K-FSI),
as well as StateRAMP High and U.S. Department of Defense Impact
Level 4 (DoD IL4) Provisional Authorization on AWS GovCloud. These
reiterate Snowflake’s commitment to providing its customers with
the highest security and privacy assurances for their data needs,
especially those across the public sector.
- Data Quality Monitoring (private preview): Data Quality
Monitoring makes it easier for customers to measure and record data
quality metrics for reporting, alerting, and debugging. Snowflake
is unveiling both out-of-the-box and custom metric capabilities for
users, furthering its industry-leading governance
capabilities.
- Data Lineage UI (private preview): The Data Lineage UI
gives customers a bird’s eye visualization of the upstream and
downstream lineage of objects. With this new UI, customers can
easily see how downstream objects may be impacted by modifications
that happen upstream.
- Differential Privacy Policies (in development):
Customers can protect sensitive data by ensuring that the output of
any one query does not contain information that can be used to draw
conclusions about any individual record in the underlying data
set.
- Enhanced Classification of Data: Custom Classifiers
(private preview), international classification (generally
available), and Snowflake’s new UI-based classification workflow
(public preview) allow users to define what sensitive data means to
their organization and identify it across their data estate.
- Trust Center (private preview soon): Snowflake’s Trust
Center streamlines cross-cloud security and compliance monitoring
in one centralized place to reduce security monitoring costs,
resulting in lower total cost of ownership (TCO) and the prevention
of account risk escalations. With the Trust Center, organizations
can discover security and compliance risks based on industry best
practices, with recommendations to resolve and prevent
violations.
Snowflake Provides Increased Cost Transparency to Help
Customers Better Optimize Spend
Snowflake is making it even easier for customers to manage and
optimize their Snowflake spend with the new Cost Management
Interface (private preview), bringing together existing cost
management features and new capabilities all in one user interface.
Admins can now go to a single place in Snowflake to easily
understand, control, and optimize their spend with out-of-the-box
capabilities. They get more visibility into account-level usage and
spend metrics, while seeing how the effective value of their
Snowflake credits change over time due to Snowflake’s continued
performance improvements. In addition, customers can set limits and
notifications to control spend from one place, and can optimize
their resource allocation on Snowflake through recommendations
(private preview soon).
Snowflake also announced new innovations that enable all users
to securely tap into the power of generative AI with their
enterprise data, advancements that make it easier for developers to
build ML models and full-stack apps in the Data Cloud, and more at
Snowday 2023.
Learn More:
- Learn more about Snowflake Horizon.
- See Iceberg Tables in action in this demo.
- Stay on top of the latest news and announcements from Snowflake
on LinkedIn and Twitter.
Forward Looking Statements
This press release contains express and implied forward-looking
statements, including statements regarding (i) Snowflake’s business
strategy, (ii) Snowflake’s products, services, and technology
offerings, including those that are under development or not
generally available, (iii) market growth, trends, and competitive
considerations, and (iv) the integration, interoperability, and
availability of Snowflake’s products with and on third-party
platforms. These forward-looking statements are subject to a number
of risks, uncertainties and assumptions, including those described
under the heading “Risk Factors” and elsewhere in the Quarterly
Reports on Form 10-Q and the Annual Reports on Form 10-K that
Snowflake files with the Securities and Exchange Commission. In
light of these risks, uncertainties, and assumptions, actual
results could differ materially and adversely from those
anticipated or implied in the forward-looking statements. These
statements speak only as of the date the statements are first made
and are based on information available to us at the time those
statements are made and/or management's good faith belief as of
that time. Except as required by law, Snowflake undertakes no
obligation, and does not intend, to update the statements in this
press release. As a result, you should not rely on any
forward-looking statements as predictions of future events.
Any future product information in this press release is intended
to outline general product direction. This information is not a
commitment, promise, or legal obligation for us to deliver any
future products, features, or functionality; and is not intended to
be, and shall not be deemed to be, incorporated into any contract.
The actual timing of any product, feature, or functionality that is
ultimately made available may be different from what is presented
in this press release.
© 2023 Snowflake Inc. All rights reserved. Snowflake, the
Snowflake logo, and all other Snowflake product, feature and
service names mentioned herein are registered trademarks or
trademarks of Snowflake Inc. in the United States and other
countries. All other brand names or logos mentioned or used herein
are for identification purposes only and may be the trademarks of
their respective holder(s). Snowflake may not be associated with,
or be sponsored or endorsed by, any such holder(s).
About Snowflake
Snowflake enables every organization to mobilize their data with
Snowflake’s Data Cloud. Customers use the Data Cloud to unite
siloed data, discover and securely share data, power data
applications, and execute diverse AI/ML and analytic workloads.
Wherever data or users live, Snowflake delivers a single data
experience that spans multiple clouds and geographies. Thousands of
customers across many industries, including 639 of the 2023 Forbes
Global 2000 (G2K) as of July 31, 2023, use Snowflake Data Cloud to
power their businesses. Learn more at snowflake.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20231101130827/en/
Kaitlyn Hopkins Product PR Lead, Snowflake
press@snowflake.com
Snowflake (NYSE:SNOW)
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