Snowflake Launches Telecom Data Cloud to Help Telecommunications Service Providers Monetize Data and Maximize Operational Efficiency

Snowflake, the Data Cloud Company, has announced the launch of the Telecom Data Cloud, which combines Snowflake’s data platform, solutions provided by Snowflake and its partners, and dedicated data sets for a branch. The telecom data cloud helps telecom service providers disrupt data silos within the enterprise and across the ecosystem, enabling organizations to easily and securely access near-real-time data. secure, enrich them with machine learning (ML) models and then share and analyze them to drive more effective decisions. With the Telecom Data Cloud, Snowflake and its partner ecosystem can help telecom service providers accelerate digital transformation, delivering superior customer experiences, maximizing Maximize operational efficiency and monetizing new data services.

Mobile devices and broadband connections have become part of every aspect of everyday life. For this reason, the telecommunications sector remains an engine of growth, innovation and disruption for all global businesses, especially in fast-growing areas such as video streaming, and the Internet of Things (Internet of Things). IoT) and virtual and augmented reality. Shifting revenue from traditional products to innovative cross-industry collaboration solutions requires the evolution of the telecommunications business model. To stay ahead of the game, telecom companies must move away from complex legacy technologies to modernize their networks and deliver value to partners across all industries.

With Snowflake’s Telecom Data Cloud, telecommunications companies can adjust to this new reality and use Snowflake to:

• Modernize the telecom network: Snowflake’s Telecom Data Cloud offers a single, fully-managed, secure platform for multi-cloud data consolidation with unified governance and elastic performance that supports virtually any scale of storage, computing, and users.
• Maximize operational efficiency: With one unified platform, teams across IT, network engineering, data science, network operations, and product management can collaborate using data to improve planning, make faster business decisions, rapidly respond to customer needs, better manage network resources, and reduce time to market on new services.
• Advanced AI and ML capabilities: Snowflake and Snowpark enable machine-generated data in near-real time using ML models to predict faults, schedule maintenance ahead of time, and reduce operational downtime.
• Monetize data and applications: Telecommunications service providers can create more personalized data and application service offerings with Snowflake Marketplace and launch innovative new services, including monetization around advertising and selling IoT data to any industry.
• Leverage an industry-leading network of telecommunications partners: Take advantage of a rich partner ecosystem and their industry-specific, prebuilt templates to build valuable industry solutions faster.

“The next wave of growth and innovation in the telecommunications industry will undoubtedly be powered by data and requires collaboration across businesses and industries,”

“Snowflake’s Telecom Data Cloud unlocks these opportunities by creating one unified platform, enabling secure data collaboration by connecting telecommunications service providers with a rich ecosystem of applications, data, and technology partners.”

Phil Kippen, Global Head of Industry, Telecom at Snowflake.

Some of the largest global customers in the telecommunications industry are already using Snowflake’s Telecom Data Cloud to grow revenue and maximize operational efficiency. Customer use cases include:

• AT&T – With Snowflake’s Data Cloud, AT&T is driving to a single source of truth for their data across the organization where business partners can seamlessly access AT&T’s data to improve their customer experience and maximize operational efficiencies.
• OneWeb – The low Earth orbit (LEO) satellite communications company was able to move its data operations over to Snowflake in just six weeks and is leveraging Snowflake to harness the power of space data for the enhanced performance of its network, as well as to monetize data through new space data services.
• M1 – Singapore’s first digital network operator uses Snowflake to combine data from M1’s CRM, billing systems, website, and mobile app to provide a more complete view of the customer experience as it drives transformation and evolution in the local telecommunications landscape.

Within the Telecom Data Cloud, customers can access industry-specific solutions to leverage best practices, reduce time-to-value, and increase overall impact. Companies announcing new pre-built solutions include:

• Applications Powered by Snowflake, like the one developed by AMDOCS, allow telecommunications providers to modernize their business (including moving to the cloud and 5G monetization efforts) and simplify business processes around charging, billing, and new digital services.
• Snowflake Marketplace partners, like Flywheel, OneWeb, and TransUnion enable live access to a variety of data sources leveraging Snowflake’s privacy-preserving collaboration technology, including satellite, geospatial, or demographic data to unlock new revenue streams and power innovative business solutions.
• Consulting and service companies like Amazon Web Services (AWS), Cognizant, SDG Group, Prodapt Consulting, and Wipro Limited can reduce time-to-value for customers with pre-build partner solutions that help solve for top priority use cases, including integrating OSS and BSS data, maximizing operational efficiency, and monetizing data to help grow business value.
• Technology partners like Alteryx, CARTO, DigitalRoute, H2O.AI, Informatica, Sigma Computing, and ThoughtSpot provide integrations and out-of-the-box solutions so customers can attain deeper insights and realize the full power and ease of use of the Telecom Data Cloud.