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SNP SCHNEIDER-NEUREITHER & PARTNER AG (FRA:SHF) EQS-News: SNP and Snowflake intensify partnership and launch Native App “Data Streaming for SAP” in the Cloud

Transparency directive : regulatory news

28/06/2023 11:01

EQS-News: SNP Schneider-Neureither & Partner SE / Key word(s): Product Launch/Alliance
SNP and Snowflake intensify partnership and launch Native App “Data Streaming for SAP” in the Cloud

28.06.2023 / 11:01 CET/CEST
The issuer is solely responsible for the content of this announcement.


Corporate News

SNP and Snowflake intensify partnership and launch Native App “Data Streaming for SAP” in the Cloud

  • SNP’s Data Streaming for SAP app was built using the Snowflake Native App Framework.
  • The app reduces data latency associated with integrating streaming data volumes.
  • Cost efficient ingestion of streaming SAP data volumes into Snowflake.

Heidelberg, Germany – June 28, 2023 – SNP, a world-leading provider of SAP-based software solutions for digital transformation processes, automated data migrations and data management in the SAP environment, today announced at this year's Snowflake Summit in Las Vegas, the launch of “Data Streaming for SAP”, a Snowflake Native App on the Snowflake Marketplace. This new solution is bringing simplification for organizations with SAP systems to integrate SAP data quickly and securely with Snowflake. Many SNP and Snowflake joint customers are already realizing the benefits of SNP Glue, and with the addition of SNP’s Snowflake Native App, Data Streaming for SAP, SAP customers can further optimize the ingestion of SAP data directly into Snowflake.

“The Snowflake Native App Framework enables key partners like SNP to build in the Data Cloud with an entirely new type of app,” says Chris Child, Senior Director of Product Management, Snowflake. “SNP’s Data Streaming for SAP app will make it easier for organizations to integrate and get value from SAP data within their Snowflake accounts, while bringing efficiency and reducing data latency for customers.”

Gregor Stoeckler, SNP’s Chief Operating Officer, adds “We are thrilled to intensify our collaboration with Snowflake as part of our partnership. This allows us to incorporate the extensive SAP data expertise and features of our SNP Glue solution as a Snowflake Native App. It’s a true native Snowflake integration, and the beauty is that it also leverages a design that is mindful of optimizing data processing costs, which is beneficial to our joint customers.”

The Native App Framework of the the Californian Data Cloud company Snowflake is available for developers to build and test apps natively in the Data Cloud with additional distribution and monetization capabilities in public preview soon. Snowflake Native Apps usher in a new era of data collaboration, enabling developers with the tools needed to create robust apps quickly with Snowflake’s high availability and auto-scalability, all the while reducing security and procurement hurdles for customers because the apps run directly within the customers’ Snowflake accounts. Snowflake Marketplace already has over 25 new Snowflake Native Apps available today.

About SNP
SNP (ticker: SHF.DE) helps companies worldwide to unlock the full potential of their data and shape their own tailored journey towards a digital future.

SNP’s Data Excellence Platform CrystalBridge® and the BLUEFIELD™ approach have set a comprehensive industry standard for restructuring and modernizing SAP systems faster and more securely while harnessing data-driven innovations in the cloud.

The company works with around 2,600 customers of all sizes and in all industries worldwide, including 21 of the DAX40 and 95 of the Fortune 500.

The SNP Group has around 1,400 employees worldwide at over 40 locations in 15 countries. The company is headquartered in Heidelberg, Germany, and generated revenues of EUR 173.4 million in the 2022 fiscal year.

More information is available at www.snpgroup.com 

Contact SNP
Jörg Petzhold
Vice President Global Marketing & Communication
Phone: +49 6221 6425-637
Email: presse@snpgroup.com



28.06.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: SNP Schneider-Neureither & Partner SE
Speyerer Str. 4
69115 Heidelberg
Germany
Phone: +49 6221 6425 637, +49 6221 6425 172
Fax: +49 6221 6425 20
E-mail: investor.relations@snpgroup.com
Internet: www.snpgroup.com
ISIN: DE0007203705
WKN: 720370
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1667475

 
End of News EQS News Service

1667475  28.06.2023 CET/CEST

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