Snowflake Summit: Glimpses of Groundbreaking Data Cloud Developments

Snowflake is a cloud-native platform that enables secure data sharing throughout the business by doing away with the requirement of separate data warehouses, data lakes, and data marts. On top of the cloud computing infrastructure provided by Google, Microsoft Azure, and Amazon Web Services, Snowflake is created. It's perfect for enterprises that don't want to give resources for setup, maintenance, and support of internal servers because there isn't any hardware or software to choose, install, configure, or manage. Additionally, an ETL tool like Stitch makes it simple to transfer data into Snowflake.

2 Aug 2022
Sumi S

Snowflake summit ‘The World of Data Collaboration’ was held in Las Vegas, Nevada, June 13-16, 2022. It featured the first look at innovations coming to the Data Cloud. Over 200 lectures, practical labs, certification possibilities, and more than 200 Basecamp partners were included in the four-day data Snowflake Summit. Thousands of Snowflake’s partners, clients, and industry colleagues were there to network, cooperate, and learn crucial information about Snowflake and new Data Cloud trends.

Here are the four most exciting of Snowflake’s latest offerings:

1.Innovative data capabilities that save time and resources

The release of Snowpark for Python, which is currently in public preview, was one of the statements that received the most attention at the summit. Both streaming ingestions using the new Snowpipe Streaming and streaming pipelines with the launch of Materialised Tables generated a lot of interest. These new features demonstrate Snowflake’s product philosophy, which strongly emphasises simplicity for partners and customers while delivering value. The declarative model is excellent since it only requires describing the change; Snowflake will handle the rest. They anticipate less data lag, more real-time features, and quicker decision-making.

A new workload, Unistore, that enables users to work seamlessly with transactional and analytical data together in a single platform stirred curiosity in the audience. Unistore can save time and effort in moving data from operational systems and help with low-latency machine learning (ML) inference scenarios. It provides snappy user interfaces, allowing teams to create real-time analytical queries on their transactional data and build transactional business applications directly on Snowflake and offers a unified approach to security and governance.

2.Creating, monetising, and using apps on the Data Cloud

The most intriguing news is the potential of the Snowflake Native Application Framework, which is now in private preview. Anyone may now create applications using the well-known Snowflake core functionality, share and earn money from them through Snowflake Marketplace, and deploy them directly inside a customer’s Snowflake account. Customers may keep their data centralised and greatly simplify application acquisition and maintenance. In contrast, application suppliers will have quick visibility to thousands of Snowflake customers globally across the three major clouds. It was a piece of ground-breaking information for all parties.

Bidirectional and multi-source native apps developed by Informatica allow users to combine data from various cloud and enterprise platforms, including IBM, Microsoft, Salesforce, and SAP. So, Snowflake partners and customers can concentrate more on what to build and less on how to build it; Snowflake wants to make the building process more straightforward. Snowflake may not be able to foresee the entire extent of value creation and innovation that would result from this.

3.More options and cloud compatibility

As a customer-focused business, Snowflake constantly strive to strike a balance between giving our consumers options, streamlining processes, and lowering complexity. Providing a consistent user experience and simple governance for data housed in any of the three significant clouds is a crucial objective (AWS, Azure, and Google Cloud). With the help of the Snowflake platform, businesses may create their applications once and deploy them across several major cloud vendors’ regions. Companies can migrate data—and now applications—easily between regions or clouds thanks to Snowflake’s cross-cloud capabilities. You can use transactional consistency for failover and failback. For both customers and partners, Snowflake is offering a way to make the construction of cross-regional and cross-cloud experiences simpler.

Snowflake’s ability to develop an app once and have it function flawlessly across various clouds and locations is a game changer. By enabling the Data Cloud to process data from S3-compatible storage systems, such as on-premises storage providers, Snowflake has also improved choice (currently in development). It also supports interoperability and open file formats as agents of choice. To that aim, Snowflake unveiled the presently under story Apache Iceberg Tables, which will let users select Iceberg as the persistence table type and Parquet as the file format, table by table.

4.Rich data experiences without sacrificing readability for data governance or security

Clients of Snowflake value the data governance and security provided by Snowflake as well as the release of numerous new features and enhancements are appreciated. For instance, with the assistance of Snowflake’s new workload Cybersecurity, cybersecurity teams can easily break down data silos, resulting in improved visibility into security incidents, risks, and threats. In short, clients want to create reliable data products and openly share data without relinquishing control of or re-siloing their data. Snowflake accelerates the economic value cycle for partners, clients, and, quite honestly, by doing away with the trade-off.

Snowflake has planned to offer more services connected with data sharing, collaboration with clean data rooms, and Native Applications Framework.

Beinex’s partnership with Snowflake

Beinex’s partnership with Snowflake enables it to offer clients advanced features like automated tuning and elastic compute with unlimited decoupled computing capability, along with the analytics modernisation services, to help organisations realise exponential Return on Investment. We keep innovating for all our clients and to support businesses around the world to create more possibilities and quality services.

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