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AI data cloud firm Snowflake views India as a "land of opportunities" for data and AI, and is significantly increasing its investments in the country to tap into its massive potential, a top company official has said. The company is strategically expanding its presence and capabilities, aiming to grow its headcount to over 700 employees by the end of 2025. "Snowflake is doubling down on India as an investment destination. As a destination where we are heavily invested to make sure that we serve the Indian market, we serve global customers from India, and we also invest in the country in terms of AI and skill sets out there. "If you look at the world of data in India, we have a lot of headroom to expand, not only Snowflake, but most players in this space, there's a massive headroom to expand," Vijayant Rai, India MD of Snowflake, told PTI. The company has recently opened a new office in Mumbai and plans to expand its presence in Bengaluru by August 2025. These expansions will suppo
Artificial Intelligence (AI) data cloud company Snowflake on Friday announced a collaboration with FutureSkills Prime, a digital skilling initiative by Nasscom and the Ministry of Electronics and Information Technology (MeitY), to drive data and AI skills. With this, Snowflake and Nasscom expect to enrol over one lakh professional and student learners onto Snowflake's free, on-demand, entry-level data and AI skills courses over the next two years. This initiative is supported by Snowflake's global program 'One Million Minds + One Platform' aimed towards global AI upskilling. As per Nasscom, India leads in the AI skills penetration and holds first and fifth ranks globally in AI talent concentration and AI scientific publications, respectively. The current gap, however, between demand and supply is about 51 per cent, and, by 2026, the estimated demand for professionals in India is expected to exceed one million. "As companies across industries increasingly rely on data to drive AI,
BluePi Solutions, an established player in data-driven solutions, today, announced the partnership withThis partnership is aimed to serve the financial sector in India, for liberating valued, siloed data and unlocking meaningful insights.Snowflake recently launched its financial services Data Cloud with more than 600 industry data partners, as well as large customers, such as BlackRock, Capital One and Western Union. The BFSI players can leverage Snowflake's Financial Services Data Cloud to launch new customer-centric products and services, build fintech platforms of the future and accelerate their regulatory compliance.With India set to become the third largest domestic banking sector by 2050, implementing the right technology will help accelerate the expected growth.Announcing the partnership, Pronam Chatterjee, Co-founder and CEO, BluePi Consulting, said, "We are indeed happy to partner Snowflake, the global technology leader in Data Cloud and consider this an important milestone ..