Snowflake and industrial software company AVEVA partnered to integrate AVEVA CONNECT with Snowflake's AI Data Cloud.
The integration connects industrial operational data with enterprise data using a zero-copy setup. This setup eliminates complex data pipelines. It accelerates AI adoption in regulated industries with a focus on governance and compliance.
The move pushes Snowflake's platform into the operational technology space to target AVEVA's industrial customer base. Positioning the AI Data Cloud closer to plant operations broadens Snowflake's use cases.
Separately, Rosenblatt Securities reiterated a "buy" rating on Snowflake stock. The firm set a $275 price target.