Las Vegas, June 27, 2023 /PRNewswire/ — KX, makers of kdb+, the industry’s most trusted Data Timehouse™ and KDB.AI vector database, announced today at Snowflake’s annual user conference. Snowflake Summit 2023that you have joined the Snowflake Partner Network. As part of the Snowflake Partner Network, KX Helping joint customers, including the financial services industry, get the most out of Snowflake Data Cloud by delivering fast, scalable temporal and vector data analytics for time series and AI workloads .
Ashok LadyCEO KX: “Temporal and vector data are the driving force of digital transformation and generative AI. This partnership brings the power of KX to Snowflake, enabling users to run production-ready time series analysis and vector processing workloads.” Modify your code or exit the Snowflake environment.Built on kdb+, our vector native database, our technology builds applications and models for generative AI and vector search use cases. We look forward to working closely with Snowflake to accelerate adoption of KX integration across data clouds.”
KX and snowflakeis a data cloud company that meets customer demand for real-time analysis of temporal and vector data. Through this partnership, leveraging the world’s data in Snowflake’s Data Cloud will enable joint customers, especially data scientists, data engineers, and developers to perform complex data queries and AI using his kdb Insights on the Snowflake platform. You can now run your model.
Rinesh Patel, Global Head of Financial Services, Snowflake: “This partnership brings together two industry leaders to meet the rapidly growing demand for AI-powered analytics on Snowflake. Snowflake’s Unlimited Computing, Governance. , security and the ability to use KX and the q language via PyKX in a single data instance. We are confident that financial services customers, as well as customers in other industries, will get even more value from Snowflake’s data cloud. We look forward to continued cooperation with KX as we gain more.”
The first release under this partnership will be “KX for Snowflake,” a new Python-first integration for kdb Insights. It enables users to run ultra-large machine learning (ML), artificial intelligence (AI) workloads, and vector processing for model development and training. , the vector search of the generated AI. These workloads are common in anomaly detection, risk strategy, predictive healthcare, predictive maintenance, and many other use cases.
This collaboration brings together previously siled data teams and brings teams together with a simpler, more efficient, and more sustainable alternative to existing data management solutions for temporal and vector data. improve. This closes the “time to insight” gap between edge and data, compressing the product lifecycle and development of real-time MLOps pipelines.
Leading banks and wealth management firms testing KX for Snowflake have reported impressive results running complex analytics and AI workloads against market data. Having made the strategic decision to migrate its industry-critical datasets to the Snowflake Data Cloud, the Tier 1 global investment bank and long-time KX customer leveraged existing quantitative kdb and q reported performance levels 80x faster than Pandas.
Ben Rutter, Global Strategic Practice Manager: “Demand for time series and vector processing workloads is skyrocketing, especially on the Snowflake Data Cloud. Data sharing and near-zero maintenance offer a compelling proposition, especially in use cases such as risk management, forecasting, and predictive analytics, and we believe they have potential across a range of verticals. I have.”
KX for Snowflake is made available through Snowpark, a set of Snowflake’s libraries and Snowflake’s runtime that enables developers to safely deploy and process Python. Learn more about. https://kx.com/partners/snowflake/
The Snowflake Partner Network unlocks the potential of the data cloud with a wide range of tools and partners. Our certified partnerships and integrations enable our customers to leverage the flexibility, performance, and ease of use of his Snowflake to deliver more meaningful data insights. To become a Snowflake partner and access Snowflake’s self-service partner resources, click here. here.
Check out the Snowflake Summit 2023 keynote live or on demand here Stay on top of the latest news and announcements from Snowflake. LinkedIn and twitter.
About KX
Our mission is to accelerate the speed of business innovation powered by data and AI, enabling our customers to transform themselves into intelligent enterprises in real time. Built for the most demanding data environments, our Data Timehouse™ platform is trusted by the world’s top investment banks and hedge funds, as well as leading companies in life sciences, health sciences, semiconductors, telecommunications and manufacturing. .
At the heart of our technology is the kdb+ time series and vector database, independently benchmarked as the fastest on the market. The ability to process and analyze time-series, historical, and vector data at unmatched speed and scale empowers developers, data scientists, and data engineers to build high-performance, data-driven applications and run their favorite analytics on the cloud. You can enhance your tools. On the premise, or on the edge.
Ultimately, our technology enables the discovery of richer, actionable insights, enabling faster decision-making, driving competitive advantage and innovative growth for our customers. KX operates from over 15 offices nationwide. North America, Europe and Asia Pacific.
Learn more about www.kx.com or contact: [email protected]
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