The cloud data warehouse specialist has launched another industry-specific product, this time aimed at helping companies in the retail and consumer goods sectors to manage their data. Credit: Edwin Tan After launching the Healthcare and Life Sciences Data Cloud Platform just a week ago, Snowflake has announced a Retail Data Cloud aimed at helping retail and consumer goods companies make the most of their data. With Snowflake’s proprietary cloud data warehouse at its heart, the Retail Data Cloud brings together Snowflake’s highly-scalable data warehousing, analytics and compliance tools, with access to third-party data sources and resources through a data marketplace, and various partner consulting services from the likes of Capgemini and Infosys. The Retail Data Cloud will also include prebuilt data applications from various technology and consulting partners. For example, a Retail Intelligence dashboard has been built with partner Tableau to help retailers plug in their data and automatically gain insights into pre-optimized working and hiring patterns. Or, customers looking to apply machine learning to their data can turn to partners such as Amazon Web Services, Dataiku or DataRobot for faster time-to-market. “The retail industry has seen some disruptions of late due to the pandemic and ongoing geopolitical crises,” Rosemary Hua, global head of industry go-to-market for retail and consumer goods at Snowflake said. “These problems are a result of enterprises being unable to predict how customers are reacting to the changing circumstances.” Snowflake now offers four industry-specific versions of its platform, with the two launches this year joining the Financial Services Data Cloud and Media Data Cloud, that were both introduced last year. “Data brings visibility and efficiency-driving insight to all stakeholders in retail,” Doug Henschen, principal analyst at Constellation Research said in response to the announcement. Henschen sees your average retail customer taking a phased approach to adopting these various capabilities, starting with data management and analytics, before investigating the prebuilt, industry-specific capabilities from partners. “Even further up the ladder are data-sharing, data-enrichment and, potentially, data-monetization opportunities that might drive yet more efficiency, sales, and profit opportunities for all constituents, while, of course, respecting compliance and privacy safeguards,” he added. Snowflake won’t have it all its own way in this market however, as rival data management vendor Databricks launched its first industry-specific Data Lakehouse for Retail and Consumer Goods Customers back in January. Related content feature IT leaders’ AI talent needs hinge on reskilling Most organizations see the need to revamp their training programs to address AI skills shortages — an approach that delivers intangibles hiring can’t provide. By Grant Gross May 31, 2024 7 mins Hiring Generative AI IT Skills feature Skills the Irish Government CIO uses to advance digital transformation In his eight-year tenure as CIO at Ireland’s Department of Public Expenditure and Reform, Barry Lowry always had a vision of what digital government could look like. Here, he details how an approach built on transparency and innovation is conti By Ian Campbell May 31, 2024 8 mins CIO Government IT Cloud Management brandpost Sponsored by Cisco 3 reasons you should adopt cloud monitoring Cloud network management offers increased security, operational efficiencies, and more. By D Matthew Landry May 30, 2024 4 mins Machine Learning opinion Faultless with serverless: Cloud best practices for optimized returns What does a well-defined serverless approach look like? Let's learn some of the best modern approaches to handling Enterprises and SMEs growing serverless computing needs. By Yash Mehta May 30, 2024 5 mins Serverless Computing PODCASTS VIDEOS RESOURCES EVENTS SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe