Displaying items by tag: Snowflake

Organisations across Australia and New Zealand (ANZ) are investing in generative AI at higher rates than their global counterparts, but more often experience cost blow outs when it comes to staffing these initiatives.  

• 32% of ANZ organisations are putting more than a quarter of their tech budget for the next 12 months toward generative AI (versus 25% globally).
• ANZ respondents have seen a 44% return on their AI investments. Compared to the global average, organisations in ANZ were more likely to cite enhancing customer satisfaction as a key goal for their AI initiatives (53% versus 43%), and less likely to prioritise internal-facing projects (47% versus 55%).
• The cost of staffing for generative AI in ANZ was more often higher than expected (63% in ANZ versus 48% globally).

As consumers increasingly expect greater personalisation and digital-first experiences, major retailers and consumer goods brands across Australia and New Zealand are turning to Snowflake to deliver on these expectations. 

• Snowflake strengthens strategic partnership with Microsoft to deliver OpenAI’s state-of-the-art models directly to customers in Snowflake Cortex AI on Microsoft Azure AI Foundry
• Snowflake also launches new native integration enabling thousands of customers to seamlessly leverage Snowflake Cortex Agents within their Microsoft 365 Copilot and Microsoft 365 apps

Snowflake has today announced it has expanded its AI capabilities with the public preview of Cortex Agents, streamlining agentic app data access across structured and unstructured data. Cortex Agents leverages Anthropic Claude as a key LLM powering agentic text-to-SQL for high-quality structured data retrieval.

Global program aims to train and certify one million students and business professionals in high-growth and emerging markets by 2029 on Snowflake AI Data Cloud, arming them with the knowledge and resources to pursue and expand careers in the tech industry

Smart solutions need data, lots of it. Any substantial organisation has far-flung data everywhere, but Omnata can be your solution to centralising it all in Snowflake.

Snowflake Ready Technology Validation and Financial Services Industry Competency Confirms Obsidian Security Meets Best Practices for Optimised Integration for Snowflake Customers

AWS enterprise customers can now leverage the combined power of Cloudera and Snowflake for a unified source of truth across all data, analytics, and AI workloads. AWS customers will benefit from increased flexibility, data utility, and reduced complexity, supporting modern data architecture by seamlessly connecting their workloads with Snowflake, Cloudera, and AWS services such as Amazon S3, Amazon EKS, Amazon RDS, Amazon EC2, Amazon EMR, and Amazon Athena.

GUEST OPINION:  A collection of predictions from tech leaders at Rubrik, ManageEngine, Snowflake, Nintex, and Obsidian Security. These cover a range of topics including data security, cyber risk, AI upskilling, and changes approaches to digital transformation.

COMPANY NEWS: 

• Snowflake’s Internal Marketplace enables enterprises to easily discover and share data, apps, and now fine-tuned LLMs across teams and business units
• The Snowflake Native App Framework Integration with Snowpark Container Services accelerates developers’ time-to-value for delivering sophisticated AI-powered apps
• Enterprises can now develop, distribute, and monetise AI models to third-parties on Snowflake Marketplace with Secure Model Sharing

• Enterprises can now further accelerate multimodal conversational app development with more data sources and native agent-based orchestration
• Data teams can build more cost-effective, performant natural language processing pipelines with increased model choice, serverless LLM fine tuning, and provisioned throughput
• Snowflake ML now supports Container Runtime, enabling users to efficiently execute large-scale ML training and inference jobs on distributed GPUs from Snowflake Notebooks

Customers including Siemens AG, Mutual of Omaha, Panther, and more are using Hybrid Tables to simplify their architectures, alongside their security and governance posture

Snowflake Intelligence is a groundbreaking platform that will empower business users to create data agents, so they can analyse, summarise, and take action from their enterprise data

Snowflake, the AI Data Cloud company, has announced a collaboration with Cenitex that aims to provide a Data Platform for Victoria’s departments and agencies.

COMPANY NEWS:  Snowflake, the AI Data Cloud company, today announced a collaboration with Cenitex that aims to provide a Data Platform for Victoria’s departments and agencies.

New partners Anthropic, Google Cloud, and Snowflake join Cloudera’s AI Ecosystem at EVOLVE24 New York event

Ecosystem of technology providers makes it easier, more economical, and safer for enterprises to maximise the value of AI initiatives

COMPANY NEWS: Cloudera, a hybrid platform for data, analytics, and AI, has announced the expansion of its Enterprise AI Ecosystem during its annual data and AI conference, EVOLVE24 New York. This initiative brings together a diverse group of industry-leading AI providers to deliver comprehensive, end-to-end AI solutions for customers that help to maximise the value of AI.

Unveiled at EVOLVE24, the unified platform will reduce total cost of ownership and provide a single source of truth for all enterprise data

Australian television audience engagement OzTAM will leverage Snowflake Data Clean Rooms for its VOZ Streaming data enablement solution.

COMPANY NEWS: Snowflake, the AI Data Cloud company, today announced the launch of the AI data cloud for travel and hospitality, uniting Snowflake's data platform, AI capabilities, and industry-specific solutions to deliver best-in-class data insights for the travel and hospitality industry. Snowflake empowers airlines, hotels, cruise lines, and travel technology providers to harness data and artificial intelligence to improve operations and power five-star customer experiences across the sector.

Compliance and recovery solutions provider Profectus Group claimed it has unlocked faster insights and analysis leveraging Snowflake’s data platform.