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Domo Recognized in Snowflake's Fourth Annual Modern Marketing Data Stack Report as "One to Watch"
Prnewswire· 2025-09-30 20:01
Domo enables joint customers to build AI-driven solutions that make data visible and actionable on Snowflake's AI Data Cloud SILICON SLOPES, Utah, Sept. 30, 2025 /PRNewswire/ -- Domo (Nasdaq: DOMO) today announced that it has been recognized as a Business Intelligence (BI) One to Watch in Snowflake's annual report, The Modern Marketing Data Stack 2026: How Marketers Become Agents of Change in an AI-Driven World. Accessibility StatementSkip Navigation The fourth annual edition of Snowflake's Modern Marketing ...
Sigma Highlighted in Snowflake's Fourth Annual Modern Marketing Data Stack Report as Leader
Businesswire· 2025-09-30 17:05
Core Insights - Sigma has been recognized as a Business Intelligence leader by Snowflake in their report titled "The Modern Marketing Data Stack 2026: How Marketers Become Agents of Change in an AI-Driven World" [1] Group 1 - Sigma is identified as an industry-leading analytics platform with unique cloud data platform write-back capabilities [1] - The report is the fourth annual edition from Snowflake, focusing on technologies, solutions, and platforms relevant to modern marketing [1]
RelationalAI Recognized as “One to Watch” in Snowflake's Modern Marketing Data Stack Report
Globenewswire· 2025-09-30 17:00
Core Insights - RelationalAI has been recognized as a "One to Watch" in the AI/ML Development & Deployment category in Snowflake's Modern Marketing Data Stack 2026 report, highlighting its role in empowering marketing teams to utilize customer data effectively [1][2] - The report indicates that over 11,100 leading customers assessed marketing technologies, emphasizing the growing influence of AI, privacy, and data gravity in the evolution of martech and adtech [2] Company Overview - RelationalAI's platform allows marketing teams to build and deploy AI-driven applications directly where their data resides within Snowflake, transforming siloed customer and campaign data into actionable insights [1][3] - The platform supports advanced AI reasoning capabilities, enabling use cases such as hyper-personalized campaigns, predictive customer journeys, and churn detection, which enhance engagement and ROI [3][4] Industry Context - CMOs face increasing pressure to deliver measurable impact quickly, with a growing volume of data available for decision-making [3] - Legacy analytical tools are inadequate for fully utilizing customer data, necessitating a shift towards more intelligent applications that can optimize marketing operations at scale [3][4] - RelationalAI serves as a critical bridge between data, AI, and business execution, facilitating operationalization of AI initiatives in marketing [4][6]
Simplement Announces Signals™ for Snowflake AI Data Cloud
Businesswire· 2025-09-24 15:52
Core Insights - Simplement has announced the launch of Signals™ for SAP reporting in Snowflake, which is built on its Roundhouse platform designed for optimized real-time ETL for SAP [1] Company Overview - Simplement is focusing on enhancing SAP reporting capabilities through its new product Signals™ [1] - The integration with Snowflake indicates a strategic move to leverage cloud data warehousing solutions for improved data processing [1] Industry Context - The announcement reflects a growing trend in the industry towards real-time data processing and reporting solutions, particularly in the context of SAP systems [1] - The use of optimized ETL processes is becoming increasingly important for companies looking to streamline their data management and reporting [1]
SNOW Expands in Cloud Analytics: Is the Growth Thesis Strengthening?
ZACKS· 2025-09-23 18:11
Core Insights - Snowflake (SNOW) is experiencing robust growth due to its leadership in cloud-based data analytics and AI-driven solutions, with product revenues reaching $1.09 billion, a 32% increase year over year in Q2 of fiscal 2026 [1][11] Company Performance - The company reported a net revenue retention rate of 125% in Q2 of fiscal 2026, indicating strong customer adoption and usage [2] - The customer base grew by 19% year over year, reaching 12,062 customers in Q2 of fiscal 2026, with 654 customers generating over $1 million in trailing 12-month product revenues [2][11] - Snowflake's partnerships with major cloud providers, particularly Microsoft Azure, contributed to growth, with Azure experiencing a 40% year-over-year growth in Q2 of fiscal 2026 [4][11] AI Integration and Collaborations - Snowflake's focus on AI integration, including products like Cortex AI SQL and Snowflake Intelligence, enhances its analytics capabilities, allowing enterprises to gain deeper insights and automate workflows [3] - A recent collaboration with Siemens aims to connect operational technology (OT) and information technology (IT) data, leveraging AI-driven insights to improve operational efficiency [5] Competitive Landscape - Snowflake faces significant competition from companies like Alphabet (GOOGL) and Datadog (DDOG), both of which are expanding their presence in the cloud analytics market [6] - Alphabet's Google Cloud revenues grew by 31.7% year over year, reaching $13.62 billion in Q2 of fiscal 2025, indicating strong competition in the sector [7] - Datadog reported an increase in its customer base, with 3,850 customers generating an annualized run rate of $100,000 or more, reflecting strong demand for its offerings [8] Stock Performance and Valuation - Snowflake's stock has appreciated by 48.7% year to date, outperforming the broader Zacks Computer & Technology sector's return of 22.4% and the Zacks Internet Software industry's increase of 26.5% [9] - The stock is trading at a premium, with a forward 12-month Price/Sales ratio of 14.79X compared to the Internet Software industry's 6.01X [12] - The consensus estimate for SNOW's fiscal 2026 earnings is $1.17 per share, reflecting a 40.96% year-over-year increase [14]
RelationalAI Joins Snowflake and Industry Leaders to Establish the Open Semantic Interchange (OSI) Industry Initiative
Globenewswire· 2025-09-23 16:32
Core Insights - RelationalAI collaborates with Snowflake and industry partners to launch the Open Semantic Interchange (OSI), an open-source initiative aimed at standardizing business semantics for improved interoperability across AI and data applications [1][2][3] Group 1: Open Semantic Interchange (OSI) - OSI establishes a common, vendor-agnostic semantic model specification to enhance the expression and exchange of business semantics, enabling reliable interoperation of AI agents and data applications [1][3] - The initiative aims to unify semantic definitions across organizations, leading to better semantic modeling, data analysis, and sharing of data products, thereby fueling AI innovation [1][2] Group 2: Role of RelationalAI - As a launch partner of OSI, RelationalAI is committed to creating a community-driven standard for semantic model sharing, ensuring consistency and interoperability of business definitions [2] - RelationalAI's technology allows organizations to build intelligent applications and decision agents using relational knowledge graphs, enhancing decision intelligence across various platforms [2][4] Group 3: Industry Impact - The OSI initiative is expected to revolutionize interoperability within the data and AI ecosystem by providing a transparent, community-driven standard that simplifies data operations and fosters innovation [3] - By collaborating with partners like RelationalAI, OSI enhances vendor neutrality, offering organizations greater flexibility and efficiency in building their data infrastructure [3]
Coronis Health Partners With Kipi.ai to Modernize Data Infrastructure on Snowflake
Businesswire· 2025-09-16 15:48
Core Insights - Coronis Health has announced a strategic partnership with Kipi.ai to rebuild its data warehouse on the Snowflake AI Data Cloud [1] - This collaboration aims to enhance insights, expand advanced analytics, and improve financial outcomes for healthcare providers across the nation [1] Company Overview - Coronis Health is recognized as a leading provider of healthcare revenue cycle management (RCM) solutions [1] - Kipi.ai is noted as an award-winning Elite Snowflake Services Partner [1] Strategic Implications - The partnership is expected to position Coronis Health to accelerate its capabilities in data analytics and insights [1] - The initiative is likely to strengthen the financial performance of healthcare providers by leveraging advanced technology [1]
Intapp announces collaboration with Snowflake for enhanced analytics and industry insights
Globenewswire· 2025-06-18 13:00
Core Insights - Intapp has announced a strategic collaboration with Snowflake to enhance deal management capabilities for advisory, capital markets, and legal firms by unifying data and applying analytics [1][2][3] Group 1: Collaboration Details - The partnership combines Snowflake's data integration capabilities with Intapp's DealCloud, allowing firms to apply analytics to relevant deal data more efficiently [2][3] - This integration aims to eliminate data silos within firms, enabling better decision-making and embedding insights into key workflows [3] Group 2: Company Overview - Intapp provides AI-powered solutions that help professionals in various sectors, including investment banking and legal, to leverage their knowledge and operational insights [4] - The company's vertical SaaS solutions are designed to enhance decision-making, manage risk, and improve competitive advantage for top firms across multiple industries [4]
Cognizant Named Snowflake's Global Data Cloud Services Implementation Partner of the Year for Driving AI-Ready Transformation at Scale
Prnewswire· 2025-06-04 12:00
Group 1 - Cognizant has been recognized as the Global Data Cloud Services Implementation Partner of the Year by Snowflake, highlighting its excellence in delivering large-scale implementations on the Snowflake AI Data Cloud [1] - The award signifies a milestone in the over five-year strategic partnership between Cognizant and Snowflake, focusing on joint innovations and platform co-development [2] - The partnership's success is driven by the Data Estate Migration to Snowflake offering, which aims to reduce complexity and accelerate business value [3] Group 2 - Cognizant Ignition platform, combined with Agentic AI technology, has enabled significant automation efficiencies for clients, achieving 80% migration process automation and 50% cost savings [4] - The collaboration between Cognizant and Snowflake has been praised by Xerox, emphasizing the tangible business value and the effective transformation model in the industry [5][6] - Xerox's Chief Digital Officer noted the importance of building an agile and secure foundation, facilitated by the expertise and tools provided by Cognizant and Snowflake [6]