Snowflake Launches Manufacturing Data Cloud to Improve Supply Chain Performance and Power Smart Manufacturing
9:01am ET, 04/13/2023 - Business Wire
- The Manufacturing Data Cloud empowers manufacturers to collaborate with partners, suppliers, and customers to improve supply chain performance, product quality and factory efficiency
- Snowflake’s ecosystem of manufacturing partners delivers pre-built solutions and industry datasets to support a diverse set of manufacturing and industrial use cases
- Global manufacturers across industries, including ABB, EDF, ExxonMobil, Molex, and Scania use Snowflake to drive digital transformation
-Apr. 13, 2023-- Snowflake (NYSE: SNOW), the Data Cloud company, today announced the launch of the Manufacturing Data Cloud, which enables companies in automotive, technology, energy, and industrial sectors to unlock the value of their critical siloed industrial data by leveraging Snowflake’s data platform, Snowflake- and partner-delivered solutions, and industry-specific datasets. The Manufacturing Data Cloud empowers manufacturers to collaborate with partners, suppliers, and customers in a secure and scalable way, driving greater agility and visibility across the entire value chain. With Snowflake’s Manufacturing Data Cloud, organizations can build a data foundation for their business, improve supply chain performance, and power smart manufacturing initiatives in today’s digital-industrial world…
This could be big news for Snow.
Saul
52 Likes
a few quarters ago SNOW reconfigured its go-to-market and sales organization to focus on eight verticals:
- Advertising, Media, & Entertainment (Data Cloud on 10/19/2021)
- Financial Services (Data Cloud on 9/14/2021)
- Healthcare & Life Sciences (Data Cloud on 3/17/2022)
- Manufacturing (Data Cloud on 4/13/2023)
- Public Sector
- Retail / CPG (Data Cloud on 3/28/2022)
- Technology
- Telecom (Data Cloud on 2/22/2023)
So in about 18 months, Snowflake has launched data clouds for six of its eight verticals. I’m not sure that their technology vertical warrants its own data cloud as perhaps customers in that vertical may have less of a reason to share data in a “Technology” data cloud. The Public Sector has likely been slower to adopt Snowflake than the other verticals so perhaps SNOW is waiting until there is enough critical mass in government.
These data clouds enable to share select data with specific customers and will create a dependance on SNOW by its customers. The data clouds also serve to enable customers to easily comply with customer privacy concerns and other specific industry regulations with respect to data.
GauchoRico
63 Likes
GouchoRico mentioned Snowflakes Govt Cloud as ‘yet to be developed’. Today Snowflake announced, what I consider to be a great addition to what ever they might currently have in this area.
Edited by me-
‘A funding round for Data as a Service Company, Cybersyn,’ was led by Snowflake with participation from Coatue Management and Sequoia Capital. ‘Cybersyn built their business on the Snowflake Marketplace.’ The investment, which has come directly from Snowflake’s corporate site and not its venture capital arm, will see company executives Mike Scarpelli and Christian Kleinerman, as well as Thomas Laffont, cofounder of Coatue, joining Cybersyn’s board.
The company finds and transforms public and proprietary economic data into commercially relevant datasets that are useful for decision-makers across businesses and governments. It helps with market intelligence, investments and policy decisions, among other things.
“Cybersyn focuses on distributing government data on consumer spending, inflation, and interest rates in a consistent format. And now, we are launching our e-commerce benchmarks, focused on measuring ad spending and online sales by category,” the founder said in a blog post.
Snowflake 29% of portfolio,
Jason
34 Likes