Las Vegas, October 27 /PRNewswire/ — At Oracle AI World, Oracle announced with Snowflake (NYSE: SNOW) that the Snowflake AI Data Cloud will be offered as a native first-party service on Oracle Cloud Infrastructure (OCI), further expanding Oracle’s AI and data capabilities designed to help businesses accelerate their AI initiatives.
Oracle stated that by integrating Snowflake into its portfolio of infrastructure, AI, data, and application services, the company will provide customers with greater flexibility to leverage enterprise data and drive AI-powered innovation. Customers will be able to purchase and provision the service directly through Oracle, benefiting from simplified pricing and billing, while also being able to use Oracle Universal Credits.
Oracle CEO Clay Magouyrk said, "Enterprises are seeking faster, simpler ways to leverage AI to turn enterprise data into business value. By making Snowflake available as a native service on OCI, we are giving our customers more choices for AI and data capabilities, while simplifying how they deploy, manage, and pay for these services. This is another way Oracle is helping customers accelerate their AI initiatives and turn innovation into measurable business outcomes."
Oracle states that the company helps organizations unlock the value of enterprise data through an integrated cloud infrastructure, AI, database, and enterprise applications portfolio. As critical business data is managed within Oracle AI Database, Oracle Autonomous AI Database, Oracle Fusion Cloud Applications, Oracle NetSuite, and other Oracle services, customers can leverage OCI’s expanding ecosystem of AI and data capabilities to support their business priorities. Offering Snowflake as a native OCI service will further extend Oracle’s ability to help customers accelerate enterprise AI initiatives and deliver business value faster.
Snowflake CEO Sridhar Ramaswamy said, “AI has significantly shortened the distance between enterprise data and real business value. Snowflake is thrilled to be a flagship AI data platform partner running within Oracle Cloud Infrastructure, empowering our joint customers to transform their Oracle data assets into an AI-ready foundation with governance and security capabilities, enabling them to move forward at scale with confidence.”
Customers will be able to purchase, provision, and use Snowflake on OCI directly through Oracle. Oracle will handle pricing, discounts, and billing, providing a single commercial relationship for this service. Customers can also use Oracle Universal Credits to consume Snowflake on OCI, simplifying the procurement process and helping them leverage existing cloud commitments.
Snowflake's service on OCI is designed to help organizations derive greater value from their enterprise data through four key ways:
- Extend Snowflake’s analytics and AI capabilities to Oracle Cloud: Help Oracle customers bring Snowflake’s analytics and AI capabilities closer to their critical business enterprise data, supporting data sources including Oracle Fusion Cloud Applications, Oracle NetSuite, Oracle Autonomous AI Database, MySQL HeatWave, and Oracle NoSQL databases.
- Accelerate analytics and enterprise AI: Enable native data transfer through supported integrations, reduce the need for custom pipelines, and speed up the use of enterprise data for reporting, data engineering, machine learning, and AI insights.
- Ensure data security and customer control: Designed to help customers use Snowflake on OCI while maintaining control over data access, usage, and governance.
- Reduce egress costs: Enable seamless data movement within OCI to help customers access enterprise data faster while reducing cross-cloud data transfer and associated egress fees.
Customers will be able to purchase and use Snowflake directly on Oracle Cloud Infrastructure (OCI) with unified pricing and billing. Customers can also apply Oracle Universal Credits toward Snowflake usage, making it easier to leverage existing cloud commitments.
Additional information
- Learn more about Oracle Cloud Infrastructure
- Learn more about Oracle Multicloud
- Learn more about Snowflake on OCI through Snowflake's blog.
About Oracle
Oracle provides integrated application suites and secure, autonomous infrastructure on Oracle Cloud. For more information about Oracle (NYSE: ORCL), visit oracle.com.
About Snowflake
Snowflake is the platform for the AI era, helping businesses innovate faster and extract more value from their data. Over 14,500 customers worldwide, including hundreds of the largest global companies, use Snowflake’s AI Data Cloud to build, use, and share data, applications, and AI. With Snowflake, data and AI can transform everyone. Learn more at snowflake.com (NYSE: SNOW).
About Oracle AI World
Oracle AI World is an event where customers and partners can learn about the latest products and technological innovations, explore how AI is being applied across industries, and connect with experts and peers. Attendees will gain practical insights and actionable recommendations they can immediately implement within their organizations, and discover how Oracle helps unlock the full potential of AI. Register at oracle.com/ai-world, or follow news and discussions at oracle.com/news and linkedin.com/company/oracle.
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