SAN FRANCISCO, Calif., Sept. 1, 2020 — Mode Analytics, provider of interactive data science and collaborative business intelligence, announced that it has partnered with Snowflake, the cloud data platform, to create a modern data analytics stack. The partnership will combine Mode’s in-memory data engine, Helix, with Snowflake’s vast data platform capabilities to enable data and business teams to execute queries and perform analysis with unprecedented speed. The two companies already have a long list of mutual customers who benefit from the partnership, including Zillow, Imperfect Foods, and many others.
As competition and volatility increase in the business environment, companies are investing more in strategic analysis and advanced data science solutions than business-as-usual dashboards and BI reporting. Today, data scientists often work across two different tracks: 1) Answering strategic ad-hoc questions with focused reports, and 2) Building BI reports and dashboards that provide stakeholders with a wide breadth of exploratory coverage. Until the launch of Mode’s Helix engine, data teams had to choose different tools for these tracks, trading off speed and depth for coverage and breadth. In both cases, they also had to predict their customers’ questions by anticipating follow-on questions or preempting the business’ future needs by building a time-consuming, untested reporting suite.
Speed and Breadth Combined
Mode Analytics combines the best elements of Analytics & Business Intelligence (ABI) and Data Science (DS) to empower data teams to answer impactful questions and collaborate on analysis across a range of business functions. Mode’s Helix engine is a high-performance, in-memory database designed to filter, aggregate, and manipulate query results with sub-second latency. Mode streams every completed query result into Helix, automatically. And once loaded, users are able to visualize the data in charts or tables. By offloading data processing from a customer’s data warehouse into a data engine designed for filtering and aggregating, Mode can deliver results faster and at a lower cost than a warehouse alone. Helix enables interactive processing on multiple terabyte scale datasets.
“With Snowflake’s single, integrated data platform, built to fully leverage the speed and flexibility of the cloud, organizations can mobilize their data in near-real time,” said Tarik Dwiek, Director of Technology Alliances at Snowflake. “Our partnership with Mode enables data scientists to have access to a wide breadth of data without sacrificing speed.”
Snowflake shatters barriers that prevent organizations from unleashing the true value from their data. Thousands of customers around the world mobilize their data with Snowflake’s cloud data platform. Snowflake provides near-unlimited scale, concurrency, and performance while spanning multiple clouds and geographies. Our cloud data platform also drives the Data Cloud — the global ecosystem where thousands of organizations have seamless and governed access to unlock the potential of data.
“Through our partnership with Snowflake it’s now possible for all departments across a company to truly centralize and interact directly with their data,” said Benn Stancil, Co-founder and President, Mode Analytics. “Mode enables data teams to quickly analyze that data and stakeholders to extend the analysis. Business users – who only had access to simplistic reports on pre-aggregated cubes – can now interact with sophisticated analyses built across all of their data.”
About Mode Analytics
Mode’s advanced analytics platform was created by data experts for data experts.It allows data scientists and analysts to visualize, analyze, and share data in a powerful end-to-end workflow that covers everything from the exploration stages to a final, shareable product. Unlike traditional business intelligence tools that produce static dashboards and reports, Mode brings the best of BI and data science into a single platform, offering the best way to empower everyone at your organization to use data to make high quality, high-velocity decisions. Mode also supports the analytics community with free learning resources such as SQL School, open-source SQL queries, and free tools for anyone analyzing public data. To start a free trial or learn more, visit https://www.mode.com.
Source: Mode Analytics