- Data Accessibility via the Snowflake
Data Cloud Eliminates Need for On-premises Databases & Aids
Direct Integration into Models, Visualization Tools and More
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NEW
YORK, June 15, 2022 /PRNewswire/ -- S&P
Global Commodity Insights, the leading independent provider of
information and benchmark prices for the commodities and energy
markets, today announced a collaboration with Snowflake, the Data
Cloud company, to seamlessly deliver S&P Global's
industry-leading Platts benchmark price data, energy transition and
other market data and analysis to the Data Cloud through Snowflake
Marketplace. The ability for cloud-based, immediate access to
S&P Global's data allows clients to eliminate the data
ingestion process and improve productivity and efficiency.
![S&P Global Inc. logo S&P Global Inc. logo](https://mma.prnewswire.com/media/360700/spg_bar_4cp_pos_1200_logo_Logo.jpg)
Joerg Gerth, Global Head of
Channel Management & Strategic Alliances at S&P Global
Commodity Insights, said: "This collaboration is part of
S&P Global's ongoing initiative to invest in the flexible and
open distribution of quality data to its clients and provide
solutions that allow for improved access, utilization and
maximization of data. Snowflake is the first cloud-hosted delivery
option used across S&P Global Market Intelligence Marketplace,
S&P Global Ratings, and now S&P Global Commodity
Insights."
Cloud-based delivery enables customers to simplify their data
management and work with multiple large datasets more efficiently,
adding to the speed with which they are able to make decisions in
today's fast-moving global marketplace.
The Snowflake Marketplace is built on top of Snowflake's Secure
Data Sharing technology, and provides an easy-to-use platform for
organizations to find, share and access content. Through Snowflake,
S&P Global Commodity Insights data is ready to query and is
easily accessible via multiple cloud platforms.
Kieran Kennedy, Head of
Marketplace, Snowflake, said: "We welcome the opportunity
to continue to expand our relationship with S&P Global. We
recognize the important role S&P Global Commodity Insights
plays in the marketplace through its provision of benchmark price
data and its growing suite of data around climate change and energy
transition."
S&P Global datasets available through Snowflake will include
some 15,000+ daily price assessments across global commodities,
including energy transition price transparency for such as
hydrogen, ammonia, recycled plastics and low-carbon metals and
other commodities.
About Snowflake: Snowflake's founders started from
scratch and built a solution that would harness the immense power
available in the public cloud. They created 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. Snowflake's vision is a world with unlimited access to
governed data, so every organization can tackle the challenges and
opportunities of today and reveal the possibilities of
tomorrow.
Media Contact (Snowflake)
Maddie McGrath +1 317-605-9055,
Maddie.mcgrath@snowflake.com
Media Contacts (S&P Global Commodity
Insights)
Global/EMEA: Alex Ortolani +
1 917-618-0709, alex.ortolani@spglobal.com
Asia: Melissa Tan + 65-6597-6241,
melissa.tan@spglobal.com
Americas: Kathleen Tanzy + 1
917-331-4607, kathleen.tanzy@spglobal.com
About S&P Global Commodity Insights
At S&P
Global Commodity Insights, our complete view of global energy and
commodities markets enables our customers to make decisions with
conviction and create long-term, sustainable value.
We're a trusted connector that brings together thought leaders,
market participants, governments, and regulators and we create
solutions that lead to progress. Vital to navigating Energy
Transition, S&P Global Commodity Insights' coverage includes
oil and gas, power, chemicals, metals, agriculture and
shipping.
S&P Global Commodity Insights is a division of S&P
Global (NYSE: SPGI). S&P Global is the world's foremost
provider of credit ratings, benchmarks, analytics and workflow
solutions in the global capital, commodity and automotive markets.
With every one of our offerings, we help many of the world's
leading organizations navigate the economic landscape so they can
plan for tomorrow, today. For more information visit
https://www.spglobal.com/commodityinsights
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SOURCE S&P Global Commodity Insights