No-Headquarters/BOZEMAN, Mont.--(BUSINESS WIRE)-- Snowflake (NYSE: SNOW), the Data Cloud company, today announced the launch of the Retail Data Cloud, which unites Snowflake’s data platform, Snowflake- and partner-delivered solutions, and industry-specific datasets. The Retail Data Cloud empowers retailers, manufacturers, distributors, consumer packaged goods (CPG) vendors, and industry technology providers, to leverage their own data, access new data, and seamlessly collaborate across the retail industry. Together, Snowflake and its ecosystem of partners are able to drive business agility, deliver exceptional, personalized customer experiences, and optimize operations for businesses across the sector.
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Snowflake Launches Retail Data Cloud to Enable Collaboration, Deliver Exceptional Customer Experiences, and Optimize Operations for Retailers (Graphic: Business Wire)
Retail organizations are in the midst of a global shift in how consumers, retailers, and brands interact. It is becoming increasingly difficult to source and identify the best data and insights to manage uncertainties within the industry. The acceleration of digitization and eCommerce, customer expectations, and transformation across the supply chain have increased pressure on businesses to adapt. To meet the needs of this rapidly changing environment, the industry requires a platform that can break down data silos and provide secure, governed access to data.
With Snowflake’s Retail Data Cloud, businesses can:
Some of the largest customers in the retail and CPG industries are already using Snowflake’s Retail Data Cloud to unlock business agility and fuel innovation. Customer use cases include:
“As a global CPG company, the ability to quickly respond to changes in the marketplace has been essential to how we optimize operations during periods of uncertainty,” said Jorge Balestra, Global Head of Machine Learnings Operations at Kraft Heinz. “Snowflake’s Retail Data Cloud enables us to tie together data from numerous sources on purchase orders, inventory, and manufacturing, as well as collaborate on data in virtually real-time with partners like Albertsons, all in one place for end-to-end supply chain visibility that leaves zero ambiguity in our business. Snowflake has been vital to Kraft Heinz digital transformation and is enabling us to now focus resources on innovation for our customers.”
Retail Data Cloud Partner Solutions
Within the Retail Data Cloud, customers can access industry-specific solutions to leverage best practices, reduce time-to-value, and increase overall impact.Partners announcing new pre-built solutions include:
Learn more about the partner-tailored solutions for Retail and CPG businesses here.
“This package of joint solutions to the Retail & CPG industry in Snowflake’s Retail Data Cloud can fuel the next wave of transformation by providing the data access, governance and sharing required to activate data and drive business value,” said Rosemary Hua, Retail and CPG Industry GTM lead at Snowflake. “Retailers and CPGs can now connect with partners and each other in the Data Cloud to take data-driven action and better serve their customers in a rapidly changing environment.”
Learn More:
* As of January 31, 2022. ** As of January 31, 2022. Based on the 2021 Fortune 500 list. Our Fortune 500 customer count is subject to adjustments for annual updates to the Fortune 500 list by Fortune, as well as acquisitions, consolidations, spin-offs, and other market activity with respect to such customers.
Forward-Looking Statements
This press release contains express and implied forwarding-looking statements, including statements regarding Snowflake products, services, and technology offerings that are under development or not generally available, and the integration and/or interoperability of those products, services and offerings with third-party products and services. 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. As a result, you should not rely on any forwarding-looking statements as predictions of future events.
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, and execute diverse 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 241 of the 2021 Fortune 500 and 488 of the 2021 Forbes Global 2000 (G2K) as of January 31, 2022, use Snowflake Data Cloud to power their businesses. Learn more at snowflake.com.
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Media Contact Danica Stanczak Sr. PR Manager, Snowflake press@snowflake.com
Source: Snowflake Inc.