STOCK TITAN

Snowflake Added to NASPO ValuePoint Cloud Solutions Contract, Enabling State and Local Governments With Secured, Governed Access to Data

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Snowflake, the Data Cloud company, has been added to the NASPO ValuePoint Cloud Solutions contract with Carahsoft Technology Corp. This partnership enables Carahsoft to provide Snowflake’s Data Cloud technology to state and local governments as well as educational institutions. The collaboration aims to enhance data mobilization and improve citizen services by offering secure data sharing and integrated platform capabilities. NASPO ValuePoint’s cooperative purchasing program ensures competitive pricing and high-quality contracts for public entities.

Positive
  • Inclusion in NASPO ValuePoint Cloud Solutions contract enhances market access for Snowflake.
  • Supports government organizations in mobilizing data resources to improve citizen services.
  • Offers competitive pricing and reliable contracts through NASPO ValuePoint's cooperative purchasing model.
Negative
  • None.

Snowflake, the Data Cloud company, today announced it has been added to the National Association of State Procurement Officials (NASPO) ValuePoint Cloud Solutions contract held by Carahsoft Technology Corp. The contract addition enables Carahsoft to provide Snowflake’s Data Cloud technology and platform capabilities to participating states, local governments and educational institutions.

Snowflake is uniquely positioned to help government organizations leverage data as a strategic asset to increase the effectiveness of government programs and improve citizen services. With Snowflake’s platform, organizations can avoid managing infrastructure and focus on putting their valuable data to use. Snowflake’s Secure Data Sharing capabilities help break down data silos within and across public sector organizations, drive collaboration, and deliver easy, fast and secure data access on Snowflake’s single, integrated platform.

NASPO ValuePoint is a cooperative purchasing program facilitating public procurement solicitations and agreements using a lead-state model. The program provides the highest standard of excellence in public cooperative contracting. By leveraging the leadership and expertise of all states and the purchasing power of their public entities, NASPO ValuePoint delivers the highest valued, reliable and competitively sourced contracts, offering public entities outstanding pricing.

“Our addition to the NASPO Valuepoint Cloud Solutions contract opens the door for state and local municipalities to be able to leverage Snowflake’s Data Cloud for mobilizing their data resources to better serve their citizens,” said Snowflake Regional Vice President - Public Sector, Ted Girard. “This announcement is another example of our commitment to helping government organizations realize the most value out of their data.”

“We look forward to working with Snowflake and our reseller partners to provide innovative cloud-based data solutions to NASPO members to enable data mobilization and advance their missions,” said Steve Jacyna, Director of the Snowflake team at Carahsoft. “Snowflake Data Cloud delivers an advanced enterprise-ready cloud platform and helps customers securely maximize their data and essential workloads. We are thrilled to include Snowflake on this contract to give our joint public sector customers access to Snowflake’s solutions portfolio.”

Snowflake’s Data Cloud platform and additional data sharing solutions are available through NASPO ValuePoint Master Agreement #AR2472. For more information, contact the Snowflake team at Carahsoft at (703) 889-9726 or Snowflake@carahsoft.com.

About Snowflake

Snowflake delivers the Data Cloud — a global network where thousands of organizations mobilize data with near-unlimited scale, concurrency, and performance. Inside the Data Cloud, organizations unite their siloed data, easily discover and securely share governed data, and execute diverse analytic workloads. Wherever data or users live, Snowflake delivers a single and seamless experience across multiple public clouds. Snowflake’s platform is the engine that powers and provides access to the Data Cloud, creating a solution for data warehousing, data lakes, data engineering, data science, data application development, and data sharing. Join Snowflake customers, partners, and data providers already taking their businesses to new frontiers in the Data Cloud. Snowflake.com.

FAQ

What does the NASPO ValuePoint contract mean for Snowflake's growth?

The NASPO ValuePoint contract enables Snowflake to access state and local government markets, potentially increasing its customer base and revenue.

How will Snowflake's Data Cloud benefit government organizations?

Snowflake's Data Cloud helps government organizations leverage data effectively, enhancing program efficiency and citizen services.

Who is partnering with Snowflake for the NASPO contract?

Carahsoft Technology Corp. is the partner providing Snowflake’s Data Cloud technology through the NASPO contract.

When was Snowflake added to the NASPO ValuePoint contract?

Snowflake was added to the NASPO ValuePoint Cloud Solutions contract as announced in January 2021.

What are the main features of Snowflake's platform for public sector entities?

Snowflake's platform offers secure data sharing, integrated capabilities, and the ability to avoid infrastructure management, allowing public entities to focus on data utilization.

Snowflake Inc.

NYSE:SNOW

SNOW Rankings

SNOW Latest News

SNOW Stock Data

57.46B
319.83M
4.58%
61.43%
3.51%
Software - Application
Services-prepackaged Software
Link
United States of America
BOZEMAN