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Accenture and Snowflake Expand AI Collaboration to Accelerate Enterprise Reinvention

Accenture and Snowflake Expand AI Collaboration to Accelerate Enterprise Reinvention

A major collaboration between two leading technology companies is set to accelerate enterprise AI adoption and reshape data driven business transformation. Accenture and Snowflake have announced an expanded partnership aimed at helping global organizations unlock new value from their data and accelerate generative AI innovation. The initiative includes the launch of the new Accenture Snowflake Business Group, which will support enterprises seeking to modernize operations and reinvent business models through cloud scale intelligence.

Accenture , listed on the NYSE under the ticker ACN, and Snowflake, traded under SNOW, plan to combine their strengths to deliver faster outcomes as companies race to deploy AI across core functions. The partnership brings together Accenture AI Refinery with recent Snowflake innovations including Snowflake Intelligence and Snowflake Cortex AI. The goal is to help enterprises convert data into usable insights and build next generation AI powered applications that improve decision making and operational efficiency.

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“In today’s rapidly evolving market, companies are under immense pressure to reinvent their operations and business models to stay ahead,” said Manish Sharma, chief strategy and services officer at Accenture. “The Accenture Snowflake Business Group will help clients to better leverage Snowflake reliable accessible contextualized data coupled with Accenture ability to unlock the power of advanced AI for clients faster.”

Snowflake CEO Sridhar Ramaswamy said the partnership is already enabling transformational outcomes across industries. “Our partnership with Accenture has empowered hundreds of organizations to unlock AI potential and reveal previously unimaginable insights. The Accenture Snowflake Business Group combines Accenture industry leading business reinvention experience with Snowflake enterprise ready easy connected and trusted platform. This collaboration enables enterprises to achieve their full potential with AI and data transforming how they harness data to build next generation AI powered applications drive better decision making and maximize their data potential for AI innovation.”

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One example of the collaboration in action is Caterpillar which is working with both companies to unlock the value of vast operational data. The industrial equipment manufacturer is using the combined capabilities to improve manufacturing quality enhance finance insights and strengthen knowledge management across complex technical environments. “Our work with Accenture and Snowflake marks a major step forward in our journey to become a truly AI and data driven organization,” said Jamie Engstrom CIO of Caterpillar. “Our collaboration will allow us to make faster data informed decisions that improve efficiency enhance quality and deliver greater value.”

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The new Accenture Snowflake Business Group will be supported by more than five thousand professionals certified in Snowflake technology forming the largest concentration of expertise in the ecosystem. The group will help enterprises migrate data to the cloud create AI ready architectures and accelerate generative AI initiatives that drive growth and revenue. Recent Accenture research notes that 85 percent of C suite leaders plan to increase AI investments this year and nearly 70 percent view AI primarily as a growth catalyst rather than a cost cutting tool.

The companies will also co invest in a global Center of Excellence where teams from both organizations will collaborate directly with clients to develop new solutions and rapidly apply emerging technologies. The center will draw on Accenture business reinvention experience and the scalability governance and security foundation of the Snowflake AI Data Cloud.

The partnership between Accenture and Snowflake marks a significant step in advancing enterprise readiness for large scale AI adoption and is poised to accelerate a new wave of business reinvention across global markets.

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