Snowflake, Domo Expand Partnership to Enhance AI-Driven Analytics on Snowflake Marketplace

Snowflake Inc. (NYSE:SNOW) is one of the best up and coming stocks to invest in now. On June 26, Domo Inc. (NASDAQ:DOMO) announced a deepened collaboration with Snowflake. The expanded partnership introduces a suite of Domo’s product offerings on Snowflake Marketplace, which enables joint customers to seamlessly integrate, transform, and analyze their data within a secure and scalable environment powered by advanced AI.

Domo’s new managed offering, called “Powered by Snowflake,” allows Domo to provide a fully managed analytics and Business Intelligence/BI solution where Domo maintains and operates the Snowflake environment. Domo’s cloud-native portfolio is designed to accelerate the entire data lifecycle, all directly within the Snowflake AI Data Cloud. These solutions are now available on Snowflake Marketplace as both a Connected App and a Managed App.

Snowflake, Domo Expand Partnership to Enhance AI-Driven Analytics on Snowflake Marketplace

A team of software engineers at desks working on code for a cutting-edge cloud computing solution.

Hundreds of organizations are already benefiting from the Domo and Snowflake partnership. These customers are using the combined solutions to break down data silos, scale governed analytics, and embed AI to foster innovation, improve agility, and drive faster business outcomes.

Snowflake Inc. (NYSE:SNOW) provides a cloud-based data platform for various organizations in the US and internationally. Domo Inc. (NASDAQ:DOMO) operates a cloud-based modern AI and data products platform in North America, Western Europe, Australia, Japan, and India.

While we acknowledge the potential of SNOW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.