Latest news with #DataOps.live
Yahoo
21-05-2025
- Business
- Yahoo
Snowflake (NYSE:SNOW) Aligns with DataOps.live and Glean to Enhance Data Solutions
Snowflake has seen significant developments recently with new strategic partnerships, notably with and Glean, both aimed at enhancing data accessibility and efficiency. These collaborations offer new tools and integrations with Snowflake's platform, potentially adding value for its clients. The company's stock price rose 28% over the past month, which stands out given the largely flat performance of the broader market, including the S&P 500's minor decline and the Nasdaq's slight rise. Snowflake's moves align with market trends prioritizing advanced data solutions amidst economic uncertainty and rising Treasury yields. We've discovered 1 possible red flag for Snowflake that you should be aware of before investing here. Explore 22 top quantum computing companies leading the revolution in next-gen technology and shaping the future with breakthroughs in quantum algorithms, superconducting qubits, and cutting-edge research. The recent alliances Snowflake has formed with and Glean could substantially influence its narrative by enhancing data accessibility and efficiency. These partnerships are anticipated to fortify Snowflake's product adoption and drive revenue growth, aligning well with its AI-driven strategic focus. Over the past three years, Snowflake's total shareholder return, including share price and dividends, was 41.08%, indicating robust long-term performance. However, when comparing short-term performance, Snowflake exceeded the US market's return of 11.1% but underperformed the US IT industry's 29.1% return over the past year. These partnerships, coupled with the development of AI tools like Cortex AI, position Snowflake to further increase revenue and earnings, which is critical given its current US$1.29 billion earnings loss. Although analysts project a revenue growth of 23.2% annually over the next three years, profitability remains elusive in the near future. With the price target set at US$203.36, the current share price of US$160.35 suggests a 17.8% potential upside. Nonetheless, the discount to the consensus price target points to market skepticism. Investors should carefully assess how Snowflake's innovations and collaborations may support its revenue trajectory and influence future valuation when forming their own analysis. Upon reviewing our latest valuation report, Snowflake's share price might be too optimistic. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:SNOW. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
21-05-2025
- Business
- Yahoo
DataOps.live Announces Strategic Partnership with Snowflake to Accelerate "Frictionless" DevOps for Data Success
New multi-year product, technology & GTM alignment will power data engineering teams to deploy best-in-class DataOps methodologies LONDON, May 21, 2025 /PRNewswire/ -- the Data Products Company, today announced a strategic partnership with Snowflake, the AI Data Cloud company, to drive product innovation and tighten technology integrations. As an Elite Tier partner for Devops, is committed to co-developing and delivering on a robust multi-year roadmap of joint product capabilities. Through this collaboration and Snowflake Ventures' investment, roadmap of joint product capabilities will enable joint customers to modernize and scale their data engineering programs with speed, consistency, and governance. " continues to augment and extend native Snowflake features, bringing advanced capabilities in the data engineering space to our customers," said Andrew Helgeson, Sr. Manager, Platform ISV Partnerships at Snowflake. "The latest Snowflake Native Apps rolled out by are the direct result of collaboration with Snowflake's product team, with a singular focus on helping customers develop and maintain more data products safely and efficiently on the Snowflake platform." Through this expanded alignment, the companies will introduce a new generation of jointly developed capabilities and enhancements to existing tools, designed to function as seamless extensions of the AI Data Cloud as Snowflake Native Apps available on the Snowflake Marketplace. This includes free, frictionless access to the entire platform for all Snowflake customers to access and deploy entirely from the Snowflake Marketplace, as well as point solutions to fulfill key needs around CI/CD and operationalizing dbt™ at the enterprise level. These capabilities, now available in Public Preview, will allow data engineering teams to move faster, enable governance and reliability at scale, and deploy best-in-class DataOps methodologies across their organizations. "We are very pleased to have achieved this strategic partnership and investment from Snowflake to deliver fundamental platform enhancements around DevOps for data to our joint customers with deep technology, product, and GTM alignment," said John F. Marchese, Chief Partner Officer & EVP Strategic Channels at "This agreement provides clarity and confidence for Snowflake customers, who can now trust their decision to use without concern based on the alignment and integration of our joint teams, bringing the platform for Snowflake AI Data Cloud to market together to empower Data Engineering teams with critical capabilities for success." One element of the partnership is to keep the Snowflake ecosystem of prospects, customers, and partners up to date with the deliverables, road map advancement, and success stories over time. To that end, Snowflake will host a "living blog" that will be updated regularly with contributions from both companies. About empowers data engineering teams to deliver trusted insights faster than ever. Standardized workflows, automated testing, and enforceable governance make it possible to deliver reliable data products at enterprise scale. is a global company funded by Notion Capital, Anthos Capital, and Snowflake Ventures, with enterprise clients including Roche Diagnostics, Snowflake, Digikey, and Eutelsat. For more information, visit Media Contacts:Chris McCoin or Richard SmithMcCoin & Smith Communications Inc.508-429-5988 (Chris) or 978-618-4492 (Rick)395581@ View original content to download multimedia: SOURCE Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
