CFOtech UK - Technology news for CFOs & financial decision-makers

Snowflake stories - Page 9

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Businesses hindered by inadequate data strategies for AI

Fri, 18th Oct 2024
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A new report highlights that 95% of businesses struggle to fully leverage AI due to poor data strategies, with only 22% feeling 'very ready' for implementation.
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Poor data foundations hinder AI advancement in business

Thu, 17th Oct 2024
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A report reveals that 78% of businesses struggle to fully leverage AI due to inadequate data foundations, highlighting significant barriers to progress.
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Cloudera & Snowflake partnership to boost hybrid cloud

Fri, 11th Oct 2024
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hybrid cloud
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data analytics
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Cloudera has partnered with Snowflake to enhance its hybrid cloud platform, integrating tools for a unified data lakehouse using Apache Iceberg.
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Fivetran hits $300m ARR amid AI-driven data demand

Thu, 3rd Oct 2024
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Fivetran's ARR surpasses $300 million as businesses increasingly turn to AI, boosting demand for automated data movement, says CEO George Fraser.
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Snowflake introduces AI Data Cloud tailored for travel industry

Thu, 26th Sep 2024
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Snowflake launches AI Data Cloud tailored for travel and hospitality, aiming to enhance operations and customer experiences through advanced data and AI integration.
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e6data secures USD $10M to revolutionise data intelligence costs

Wed, 18th Sep 2024
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storage
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e6data secures USD $10 million in Series A funding led by Accel to disrupt data intelligence pricing, aiming to halve analytics costs and boost performance fivefold.
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Exclusive: Precisely's glowing innovation in data integrity and customer experience

Fri, 6th Sep 2024
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Precisely's innovative solutions in data integrity have driven substantial growth, transforming customer experiences for 12,000 enterprises worldwide.
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Snowflake posts strong Q2 results with 30% revenue growth

Mon, 26th Aug 2024
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customers
Snowflake reports Q2 fiscal 2025 revenue of USD $868.8 million, a 29% YoY growth. Product revenue rose 30% to USD $829.3 million.
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AppOmni unveils new threat detection features for SaaS security

Tue, 20th Aug 2024
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semiconductors
AppOmni unveils advanced threat detection tools to enhance SaaS security. Key features include identity-centric analysis and a comprehensive SaaS Security Health Dashboard.
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Hyperscaler cloud marketplaces to reach USD $85 billion by 2028

Fri, 16th Aug 2024
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virtualisation
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hyperscale
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Sales of enterprise software via AWS, Microsoft, and Google Cloud marketplaces are set to soar to USD $85 billion by 2028, driven by cloud credits and simplified procurement.
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Celonis appoints Greg Czajkowski as EVP of engineering

Mon, 22nd Jul 2024
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Celonis names Greg Czajkowski as the new EVP of Engineering, leveraging his expertise from Snowflake and Google to advance its Process Intelligence platform.
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United Kingdom to introduce stricter AI Bill in King's Speech

Thu, 18th Jul 2024
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The UK government announced an AI Bill in the King's Speech, aiming to shift from flexible frameworks to binding regulations ensuring responsible AI use.
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ReliaQuest report notes 20% spike in ransomware Q2 2024

Thu, 18th Jul 2024
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ransomware
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martech
ReliaQuest's Q2 2024 report reveals a 20% surge in ransomware attacks. With 1,237 organisations hit, new players like RansomHub rise amid the RaaS disruption.
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Experts urge UK Govt to prioritise AI & process intelligence

Wed, 10th Jul 2024
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digital transformation
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In the aftermath of the UK's General Election, experts urge the new government to prioritise AI and process intelligence to streamline businesses and enhance productivity.
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Labour landslide win prompts urgent digital transformation push

Mon, 8th Jul 2024
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digital transformation
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The Labour Party's landslide victory heralds a seismic shift in UK politics, with significant implications for the tech industry and digital transformation.
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SaaS security breaches escalate, fuelling urgent defences push

Tue, 2nd Jul 2024
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advanced persistent threat protection
Cloud SaaS applications face increasing cyber-attacks, with breaches quadrupling in a year due to identity factors, highlighting urgent security needs.
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Experts advocate post-summit steps and vision for AI adoption

Tue, 25th Jun 2024
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Following the AI Seoul and AI Summit in Sydney, international experts from various sectors emphasised the importance of pragmatic steps and strategic vision in adopting AI.
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Intercom selects Fivetran to modernise data stack for growth

Fri, 21st Jun 2024
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cloud services
Intercom partners with Fivetran to upgrade its data infrastructure, resolving prior issues with data loss and quality, aiming to enhance decision-making.
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Snowflake reveals major platform advances at 2024 Summit

Thu, 20th Jun 2024
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At the Snowflake Summit 2024, Snowflake unveiled key advancements to its AI Data Cloud platform, enhancing data flexibility, interoperability, and performance.
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Alleged Ticketmaster data breach tied to Snowflake security flaw

Tue, 18th Jun 2024
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Ticketmaster may have suffered a data breach after BreachForums' relaunch, say reports. Experts urge vigilance but caution against premature conclusions.