Alation Increases Operational Insight and Agility for Global Insurers with Snowflake
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Apr 13, 2021--
Alation Inc., the leader in enterprise data intelligence solutions, today announced its participation in Snowcase, a joint program featuring industry-specific solutions with Snowflake, the Data Cloud company. The joint Snowcase outlines challenges that global insurance providers face and can overcome by using Alation and Snowflake together to break down silos, accelerate data governance success, and improve business performance.
Alation is one of the first five featured Snowcases, debuting with its Active Data Governance Capability for Snowflake. Alation’s people-first approach to data governance puts governance, collaboration, and communication capabilities directly into the day-to-day workflows of business users to encourage accurate, compliant data-driven decision making. Snowflake provides a low-maintenance, cost-effective way for organizations to consolidate their data on Snowflake’s single, integrated platform. Together, Alation and Snowflake provide joint customers with the ability to solve business problems with trusted, governed data, equip insurance organizations to break down silos, and accelerate strategic decision-making leading to reduced risk and greater business agility.
Texas Mutual Insurance Company (TXM), Texas’ leading provider of worker’s compensation insurance, serves more than 40% of the Texas market. More than 72,000 Texas businesses rely on TXM to keep more than 1.5 million employees safe. Using Alation’s Active Data Governance Capability for Snowflake, TXM provides trusted, reliable data across multiple business domains and processes. With Alation and Snowflake, TXM has a consolidated and consistent view of data across the lifecycle of the business, which drastically reduces the time needed to validate and cross-check information to support decision-making. This allows business leaders to make business decisions faster and with more confidence.
“The combination of Alation’s Active Data Governance, and Snowflake’s Data Cloud is game-changing. It provides a trusted view of our most important business metrics allowing our executives to use data to take immediate and confident action. This results in reduced risk, improved financial health, and greater business agility,” said Anthony Seraphim, Vice President of Data Governance, Texas Mutual Insurance Company.
“We’re seeing a shift in the insurance industry where new, digitally-born insurers have created an innate pressure on traditional insurers to utilize data to better manage their business,” said Kiran Narsu, Vice President, Business Development, Alation. “Alation and Snowflake share a strong track record for helping the insurance industry embrace data governance and the cloud. Together we help organizations build thriving data cultures where anyone can find, understand, and trust data to make more informed decisions and propel their business forward.”
“Our most influential customers frequently highlight the importance of data governance when attempting to mobilize data across their organizations. Alation is a fantastic example of how the Snowflake Data Cloud open partner ecosystem gives customers the flexibility to choose offerings which best suit their needs,” said Chris Atkinson, Global Partner CTO, Snowflake. “Alation is particularly attractive to many, combining governance and democratisation capabilities in a single unified solution. We are excited to jointly launch this Snowcase for global insurers and look forward to building additional solutions for our joint customers in the future.”
- Read the Snowcase Solution Brief
- Read our blog, Snowcase Study: How Data Governance Gives Texas Mutual Insurance Company a Competitive Edge
- Read about Alation’s partnership with Snowflake on our partner page
Alation pioneered the data catalog market and today is leading its evolution into a platform for a broad range of data intelligence solutions including data search & discovery, data governance, data stewardship, analytics, and digital transformation. Thanks to its powerful Behavioral Analysis Engine, inbuilt collaboration capabilities, and open interfaces, Alation combines machine learning with human insight to successfully tackle even the most demanding challenges in data and metadata management. More than 240 enterprises drive data culture, improve decision making, and realize business outcomes with Alation, including AbbVie, American Family Insurance, Cisco, Exelon, Finnair, Munich Re, New Balance, Pfizer, Scandinavian Airlines, and US Foods. Headquartered in Silicon Valley, Alation is backed by leading venture capitalists including Costanoa, Data Collective, Icon, Sapphire, and Salesforce Ventures. For more information, visit alation.com.
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CONTACT: Ashley Womack
Director, Public Relations
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES DATA MANAGEMENT TECHNOLOGY INSURANCE SOFTWARE NETWORKS INTERNET
SOURCE: Alation Inc.
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PUB: 04/13/2021 09:00 AM/DISC: 04/13/2021 09:01 AM