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Domo Announces New Native Snowflake Integration

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Domo (Nasdaq: DOMO) has launched a new native integration with Snowflake, allowing businesses to enhance their cloud investments. The integration places advanced business intelligence (BI) directly atop the Snowflake platform, enabling users to access and manage their data effectively. Domo for Snowflake offers features like reading and writing to Snowflake, creating databases, and robust data governance. This innovation aims to streamline cloud data management and alleviate enterprise security concerns by minimizing data movement.

Positive
  • Launch of Domo for Snowflake enhances cloud data management capabilities.
  • Direct reading and writing to Snowflake allows for better data accessibility.
  • Integration improves data governance and reduces enterprise data security risks.
Negative
  • None.

Domo (Nasdaq: DOMO) today announced a new native integration with Snowflake, the Data Cloud company, to help companies future-proof their cloud investments.

Domo for Snowflake, now available, goes beyond a federated solution and puts modern BI directly on top of a customer’s Snowflake platform, allowing customers to keep data for analytic workloads directly in Snowflake’s Data Cloud. With Domo for Snowflake, Snowflake serves as Domo’s analytics engine and as a result, customers are able to retain all the existing logic they’ve already applied to their data in Snowflake, while using Domo’s modern BI platform to make that data more accessible and actionable for anyone across the business.

With Domo for Snowflake, customers can read and write directly to Snowflake, create databases, and manage access to databases according to the schema they’ve established. In addition, Domo for Snowflake comes with Domo’s full toolbox of data integration and management capabilities to ensure data is not only accessible, but properly governed to give BI and data professionals the confidence they need to unleash data across and beyond their organization through Domo solutions like intelligent apps and Domo Everywhere.

Organizations are rapidly adopting cloud data solutions for their fast, scalable and flexible data platform capabilities. According to Ventana Research, through 2022, more than one-half of organizations will migrate on-premises workloads to cloud data platforms, shifting focus to solving business needs rather than maintaining systems. However, extracting value from the data within these solutions can be complex, costly and time consuming.

“The movement of data to the cloud has skyrocketed. But the future of the intelligent enterprise is coupling data and analytics to take action, automate business processes and transform business. The combination of Domo and Snowflake provides a business intelligence and analytics platform that enables organizations to use cloud-based data to make a direct, positive impact on their business,” said Dave Menninger, SVP & Research Director, Ventana Research.

Domo for Snowflake can also help reduce enterprise data security concerns by reducing the number of times data is in motion.

“Our focus has always been to deliver the industry’s most agnostic, enterprise modern BI platform to help customers get more value from all of their data,” said Josh James, Founder and CEO, Domo. “Domo for Snowflake allows customers to maintain control of where their data lives and more rapidly put that data to work across the business.”

Frank Slootman, Snowflake’s CEO, noted, “This deeper integration with Domo allows Snowflake customers to more rapidly deliver value to everyone across the business through Domo’s mobile-first modern BI platform and user-friendly experience.”

To learn more about Domo for Snowflake, visit: www.domo.com/partners/snowflake.

About Domo
Domo is the Business Cloud, empowering organizations of all sizes with BI leverage at cloud scale, in record time. With Domo, BI-critical processes that took weeks, months or more can now be done on-the-fly, in minutes or seconds, at unbelievable scale. For more information about how Domo (Nasdaq: DOMO) helps its customers go fast, go big and go bold, visit www.domo.com. You can also follow Domo on Twitter, Facebook and LinkedIn.

Domo and Domo is the Business Cloud are registered trademarks of Domo, Inc.

FAQ

What is Domo for Snowflake?

Domo for Snowflake is a new integration that allows businesses to directly utilize Snowflake's cloud data platform for advanced business intelligence.

How does Domo for Snowflake improve data management?

It enables users to read and write directly to Snowflake, create databases, and manage access, enhancing accessibility and governance.

What are the benefits of the Domo and Snowflake integration?

The integration streamlines data management, reduces security concerns, and allows for effective business intelligence applications.

When was Domo for Snowflake announced?

Domo for Snowflake was announced in a press release dated March 10, 2021.

What is the stock symbol for Domo?

The stock symbol for Domo is DOMO, traded on Nasdaq.

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