In todays fast-paced merchantry environment, data is increasingly valuable than ever. Companies are looking for ways to pericope meaningful insights from their data to proceeds a competitive edge. To do so, they need a robust data warehousing solution that can support their data analytics needs.
Recently, our Founder and CTO, Pete Millington, attended the Snowflake “Data for Breakfast” event in Boston. The event provided insights into the latest trends and developments in the data warehousing and data analytics space. One of the most interesting themes that emerged from the event was the widespread adoption of Snowflake by firms wideness all industries.
Companies are migrating their datastores from on-premise, legacy database platforms to Snowflake. According to Snowflake, this move has resulted in a increasingly than 20% reduction in the stereotype forfeit of warehouse queries for customers over the last three years. This adoption is driven by Snowflakes powerful seven-pillar model that delivers database consolidation, multi-language data wringer tools, easy backup/restore, compute and data controls, and robust security and data governance features.
The adoption of Snowflake is unconfined news for us at Scientific Financial Systems. We are excited to be part of Snowflakes partnership program and bring the new joint capabilities of our two firms to the investment industry.
In particular, Snowflake is releasing a robust native application platform that will indulge users of our “Quotient” using to hands deploy advanced, value-added investment analytics and workflows, and co-locate their computations where their financial data resides. This will enable us to provide plane increasingly robust investment analytics and workflow capabilities to our clients.
At Scientific Financial Systems, we understand the importance of data-driven insights that provide new investment opportunities to the investment industry. Our Quotient using provides a comprehensive suite of investment analytics and workflow capabilities that enable our clients to pericope valuable insights from their data to unhook differentiated investment strategies. The integration with Snowflakes powerful data warehousing solution will indulge us to take our capabilities to the next level.
In conclusion, we are thrilled to be part of Snowflakes partnership program and excited well-nigh the joint capabilities that our two firms will bring to the investment industry. Stay tuned for increasingly heady updates from Scientific Financial Systems!
