Company Announcements

• Snowflake Intelligence is a groundbreaking platform that will empower business users to create data agents, so they can analyze, summarize, and take action from their enterprise data

No-Headquarters/BOZEMAN, Mont.--(BUSINESS WIRE)--Nov. 12, 2024-- Snowflake (NYSE: SNOW), the AI Data Cloud company, today announced at its annual developer conference, BUILD 2024, Snowflake Intelligence (in private preview soon), a new platform that will enable enterprises to easily ask business questions across their enterprise data to unlock data-driven answers, and in just a few steps, create data agents that take action on those insights.

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Snowflake Unveils Snowflake Intelligence: The Future of Data Agents for Enterprise AI (Photo: Business Wire)

Snowflake Intelligence ushers in a new era for how users can interact with their enterprise data, building on Snowflake's easy, efficient, and trusted AI services. Snowflake Intelligence will give businesses enterprise-grade data agents built on Snowflake’s data foundation that efficiently get organizational work done, while protecting customer IP and delivering answers backed by reliable, trusted enterprise data. Snowflake Intelligence enables everyone to easily access and harness the full potential of their data, and seamlessly connect with third-party tools — including sales transactions in a database, documents in knowledge bases such as SharePoint, productivity tools such as Slack, Salesforce, and Google Workspace, alongside business intelligence data in Snowflake — so they can talk to their data using natural language. Snowflake Intelligence also supports API calling to enable actions and data modifications to advance business users’ work forward.

“With Snowflake Intelligence, teams can easily create data agents that allow business users to talk to their enterprise data using natural language, and then analyze, summarize, and take action on those results from one unified platform,” said Baris Gultekin, Head of AI, Snowflake. “Snowflake Intelligence represents the next step in Snowflake’s AI journey, further enabling teams to easily, and safely, advance their businesses with data-driven insights they can act on to deliver measurable impact.”

Snowflake Intelligence Redefines Business Intelligence and Data-Driven Action for All Users

Today, many organizations struggle to make informed decisions due to fragmented governance across their data sources, infrastructure silos between unstructured and structured data formats, and limited access to analysts who can write code and connect the dots across the business. Snowflake Intelligence will address all of these challenges, by first helping organizations integrate various data systems with a single governance layer. With that foundation in place, teams can then accurately process and retrieve data from both unstructured and structured data sources using natural language, truly democratizing data and AI access, while empowering any user to take data-driven actions.

In turn, this enables users to define the datasets they want to ask questions to, which can include PDFs or tables in a database, without having to write any code. As questions get asked, Snowflake Intelligence then puts data agents into action to do analysis, summarization or generation tasks. Data agents can also use APIs or write to Snowflake tables to record business decisions, making it easier to track results and measure impacts.

Snowflake Cortex AI and the Snowflake Horizon Catalog – the AI Engine and Governance Framework Behind Snowflake Intelligence

In order to scale their AI and business needs, organizations require enterprise-grade solutions, and Snowflake Intelligence is designed to deliver on this for organizations. Snowflake Intelligence uses Snowflake Cortex AI, Snowflake’s fully managed AI service that provides a suite of generative AI features, as the AI engine powering its capabilities, and was built using Cortex Search(now generally available)to run queries on unstructured data, and Cortex Analyst (in public preview)to run queries on structured data. New innovations to Cortex AI enable more users to harness Cortex AI’s serverless large language model (LLM) inference, fine-tuning, retrieval augmented generation (RAG), and text-to-SQL, so data teams can process unstructured data while developers quickly build enterprise AI apps.

Snowflake Intelligence also comes natively integrated with Snowflake Horizon Catalog at the foundational level, making it compatible with industry leading open formats like Apache Iceberg™ and Apache Polaris™ (Incubating). This combination delivers strong enterprise-grade compliance, security, privacy, discovery, and collaboration capabilities. This extends across clouds and regions, so organizations can spend less time worrying about implementing security and governance to protect their data, and more time driving impact. Snowflake is enhancing the Horizon Catalog so all users gain deeper capabilities to deliver secure and governed AI at scale.

Learn More:

• Check out all the innovations and announcements coming out of BUILD 2024 on Snowflake’s Newsroom.
• Stay on top of the latest news and announcements from Snowflake on LinkedIn and X.

Forward Looking Statements

This press release contains express and implied forward-looking statements, including statements regarding (i) Snowflake’s business strategy, (ii) Snowflake’s products, services, and technology offerings, including those that are under development or not generally available, (iii) market growth, trends, and competitive considerations, and (iv) the integration, interoperability, and availability of Snowflake’s products with and on third-party platforms. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including those described under the heading “Risk Factors” and elsewhere in the Quarterly Reports on Form 10-Q and the Annual Reports on Form 10-K that Snowflake files with the Securities and Exchange Commission. In light of these risks, uncertainties, and assumptions, actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. As a result, you should not rely on any forward-looking statements as predictions of future events.

© 2024 Snowflake Inc. All rights reserved. Snowflake, the Snowflake logo, and all other Snowflake product, feature and service names mentioned herein are registered trademarks or trademarks of Snowflake Inc. in the United States and other countries. All other brand names or logos mentioned or used herein are for identification purposes only and may be the trademarks of their respective holder(s). Snowflake may not be associated with, or be sponsored or endorsed by, any such holder(s).

About Snowflake

Snowflake makes enterprise AI easy, efficient and trusted. Thousands of companies around the globe, including hundreds of the world’s largest, use Snowflake’s AI Data Cloud to share data, build applications, and power their business with AI. The era of enterprise AI is here. Learn more at snowflake.com (NYSE: SNOW).

View source version on businesswire.com: https://www.businesswire.com/news/home/20241112979252/en/

Media Contacts:
Kaitlyn Hopkins
Senior Product PR Lead, Snowflake
press@snowflake.com

Source: Snowflake Inc.