Snowflake launches data cloud solution for healthcare industry
Snowflake has launched the Healthcare & Life Sciences Data Cloud to aid with better patient care and business results.
With the Snowflake Healthcare & Life Sciences Data Cloud, healthcare companies have a single, integrated and cross-cloud data platform that helps to remove technical and institutional data silos, according to the company.
This helps organisations to securely centralise, integrate, and exchange critical and sensitive data at scale.
Snowflake puts a focus on data security and governance, and its built-in capabilities and extended partner network allow companies to meet compliance requirements and satisfy industry regulations, the company states.
On the motivation behind the release, Snowflake states that healthcare and life sciences organisations are under growing pressure to navigate a dynamic and highly regulated landscape.
Widespread reliance on legacy technology, stringent compliance requirements, and a lack of common data sharing models have complicated the industry's ability to capitalise on available data and insights.
On top of this, expanding health data volumes, increasing usage of artificial intelligence (AI) and analytics in medical innovation, and the digitalisation of the healthcare value chain are impacting the healthcare industry.
By leveraging the Healthcare & Life Sciences Data Cloud, customers including Anthem, IQVIA, Komodo Health, Novartis, Siemens Healthineers, Spectrum Health, and others, are utilising data to deliver improved patient outcomes and care experiences, optimising care delivery, and enhancing clinical and operational decision-making.
Additionally, life sciences organisations such as Novartis are leveraging the new solution to optimise omnichannel engagement and accelerate time-to-market while collaborating more closely with healthcare partners.
Customers Spectrum Health and Novartis commented on the launch by Snowflake.
Spectrum Health SVP information services and CIO and priority health, Chris Crook, says, “At Spectrum Health and Priority Health [...] a key component of our integrated care approach is being able to know the whole person, and, when appropriate, being able to share data to address holistic patient needs.
"With Snowflake's Healthcare & Life Sciences Data Cloud, we can easily and securely share and curate data from a single source of truth to realise the integrated care mission, offering the best possible outcomes and patient experience.”
Novartis global head of digital platform and product delivery Loc Giraud says, “At Novartis, we are focused on reimagining medicine to extend people's lives. To do this, we must put data and data science at the heart of everything we do.
"Snowflake's Healthcare & Life Sciences Data Cloud is helping us turn our data into incredible sources of insight by accelerating our ability to ingest, curate and share data in a timely manner that wouldn't be possible with other solutions. Snowflake is helping us get our patients faster access to the medicine they need.”
Within the Healthcare & Life Sciences Data Cloud, Snowflake also offers partner solutions and enables partner-delivered solutions.
These end-to-end technology and industry solutions take advantage of Snowflake's interoperability and secure data sharing capabilities to connect the healthcare and life sciences ecosystem, the company states.
Applications and solutions powered by Snowflake, such as those from Health Catalyst, Strata and IQVIA, leverage the platform capabilities of Snowflake to unlock access to data at scale for critical processes both within their organisation and in collaboration with industry partners.
Snowflake Data Marketplace partners, such as Compile, Equifax, Invitae, IQVIA, PRECISIONxtract and SameSky Health, enable timely access to third party data sources via data sharing, enabling healthcare and life sciences organisations to securely exchange critical datasets in a timely manner, eliminating the need for traditional data sharing methods requiring data copying and movement, the company states.
Technology partners such as Alation, Amazon Web Services (AWS), Dataiku, H20.ai and ThoughtSpot, provide integrations and out-of-the-box solutions so customers can attain greater insights and functionality.
Finally, consulting and Services partners, such as Cognizant, Deloitte, Infosys, NTT DATA, phData and SDG, build solutions on Snowflake to help clients maximise business value.
Snowflake healthcare and life sciences principal Todd Crosslin says, "Healthcare and Life Sciences partner solutions target top priority, industry-relevant use cases like patient personalisation and outcome-based care.
"The Snowflake Healthcare & Life Sciences Data Cloud can unlock the next generation of innovation in the industry by enabling organisations to take advantage of borderless data access while ensuring strict data governance, security, and privacy compliance.
"The entire industry can benefit from this live, connected ecosystem to get access to the data they need when it's needed. Snowflake is helping healthcare organisations toward their goals of achieving better outcomes for patients, customers, partners, and their businesses."