Business Wire

Fosfor and Snowflake Deepen Joint Commitment to Enable Faster and Better Decisions for Enterprises with GPT, Snowpark, and Streamlit Integrations

27.6.2023 21:00:00 CEST | Business Wire | Press Release

Share

Fosfor, the Data Products Unit of LTIMindtree [NSE: LTIM, BSE: 540005], today announced a series of new integrations with Snowflake at its annual user conference, Snowflake Summit 2023. These integrations will allow Snowflake customers to leverage the Data Cloud to realize the full power of the Fosfor Decision Cloud, accelerating their adoption of Artificial Intelligence (AI) and Machine Learning (ML) workloads and optimizing decision intelligence capabilities at enterprise scale. The announcement comes on the heels of the Fosfor product suite being certified as a Snowflake Ready technology.

A growing number of businesses are pursuing business transformation by leveraging the power of Snowflake Data Cloud. The Fosfor Decision Cloud helps enterprises further maximize the business value of their data in the Data Cloud by providing:

  • Generative AI to enhance productivity in the ML build lifecycle and democratize insights consumption: Refract Wave, the newest capability in the Refract ML Engineering product, now integrates with GAI to help ML architects with faster data onboarding and effortless execution of ML pipelines. Lumin Flow, a new capability of Fosfor’s decision intelligence product, is powered by GPT, making it possible for Snowflake customers to get actionable insights quickly, safely, and securely.
  • Streamlit integration to create apps to scale the accessibility of insights: Refract’s Streamlit integration enhances the model performance of existing Streamlit apps and simplifies the creation of custom models for new applications. Lumin provides a Streamlit SDK pack, combining the Snowflake tech stack with Lumin’s decision intelligence capabilities.
  • Snowpark integration to accelerate the generation of insights within the Snowflake ecosystem: Refract’s Snowpark integration provides a simple, end-to-end integrated workbench for ML workloads on Snowpark, which reduces both the time and complexity required for data science and ML practitioners to achieve their goals. With Refract, ML models can be run directly on Snowflake by leveraging Snowpark, ensuring real-time insights, better data governance, and higher quality decisions on the Data Cloud. Lumin’s natural language search capability and NLP-based insights enable customers to fully exploit the power of Snowpark and aid new use cases, which were not previously possible, while optimizing TCO and simplifying infrastructure needs.
  • Pre-built industry solutions leveraging the combined power of Fosfor and the Data Cloud: Fosfor is rolling out a series of Snowflake-integrated industry solutions to address insight-related use cases commonly faced by Data Cloud users. These include FinOps insights, marketing campaign analytics, nursing attrition analytics, and IT incident analytics on ServiceNow using Snowflake’s native ServiceNow connector.

Extending the depth of its platform, Fosfor — combined with Snowflake’s best-in-class cloud technology — is unlocking new ways to transform the industry and accelerate data-driven outcomes for customers.

“Fosfor and Snowflake are united in our shared goal of enabling the new breed of data-driven enterprises. With Refract’s native integration with Snowpark, we’re giving builders the data access and tools they need to securely accelerate their innovation pace under Snowflake’s unified platform. By bringing the power of GPT to Lumin, our vision is to democratize decision making on the Data Cloud,” said Debasis Satpathy, Chief Business Officer, Fosfor. “We are thrilled to deepen our Snowflake partnership and see our combined efforts accelerate the journey from data to optimized business decisions seamlessly and at scale.”

“We are excited that Fosfor is introducing new and unique Generative AI, Snowpark, and Streamlit innovations to enhance its integrations with the Snowflake Data Cloud,” said Krishnan Parasuraman, Vice President, Field CTO Office, Snowflake. “Fosfor’s announcements represent an important milestone in our continued partnership as we focus on helping customers across the globe easily and securely get actionable insights from their data.”

At the Snowflake Summit 2023 in Las Vegas, happening June 26-29, 2023, attendees can get a glimpse of the latest features and much more at the Fosfor Booth, number 2741.

Be sure to check out the Snowflake Summit 2023 keynotes live or on-demand here and stay on top of the latest news and announcements from Snowflake on LinkedIn and Twitter.

Learn more about Refract and Lumin, or meet us at the Snowflake Summit 2023.

About Fosfor

The Fosfor Decision Cloud is the only end-to-end suite for optimizing all aspects of the data-to-decisions lifecycle. Fosfor helps you make better decisions, ensuring you have the right data in more hands in the fastest time possible. The Fosfor Decision Cloud is made up of Spectra, a comprehensive DataOps product; Refract, a data science and MLOps product; and Lumin, a decision intelligence product. Taken together, the Fosfor suite helps businesses discover the hidden value in their data. The Fosfor Data Products Unit is part of LTIMindtree, a global technology consulting and digital solutions company with hundreds of clients and operations in more than 30 countries. For more information, visit www.fosfor.com.

About LTIMindtree

LTIMindtree is a global technology consulting and digital solutions company that enables enterprises across industries to reimagine business models, accelerate innovation, and maximize growth by harnessing digital technologies. As a digital transformation partner to more than 700 clients, LTIMindtree brings extensive domain and technology expertise to help drive superior competitive differentiation, customer experiences, and business outcomes in a converging world. Powered by 84,000+ talented and entrepreneurial professionals across more than 30 countries, LTIMindtree — a Larsen & Toubro Group company — combines the industry-acclaimed strengths of erstwhile Larsen and Toubro Infotech and Mindtree in solving the most complex business challenges and delivering transformation at scale. For more information, please visit https://www.ltimindtree.com/.

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

Media Contact
media@ltimindtree.com

About Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.com

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Enry’s Island Unveils “Enry’s Island Adventures”: Venture Capital Becomes a Videogame and Launches the “Strap” Movement on Kickstarter3.4.2026 09:47:00 CEST | Press Release

Enry’s Island SpA (WBAG: EIOS), the world’s first publicly traded Venture Builder, today announced the upcoming Kickstarter launch of Enry’s Island Adventures (EIA), developed by its New York-based portfolio company, Enry’s Island Adventures LLC. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260402548535/en/ The game is designed to make venture capital accessible to new generations, transforming startup creation into an engaging and social gaming experience. After three years of R&D, EIA introduces a "bleisure" model (business + leisure): players learn to launch and manage startups through gameplay that includes real business KPIs, a customizable and evolving personal island, synchronous and asynchronous multiplayer modes, social events, and community-driven seasonal missions. The “VC revolution”: teaching and democratizing through play "I agree with Elon Musk that the best way to teach is through a video game, and this is

SES Announces Results of the Annual General Meeting2.4.2026 16:49:00 CEST | Press Release

SES (the “Company”) held the Annual General Meeting (“AGM”) of Shareholders today in Betzdorf, Luxembourg. Following the recommendations made by the Board of Directors of SES, the shareholders have voted in favor of all resolutions, including the Company’s 2025 annual accounts and the proposed annual dividend of EUR 0.50 per A-share (EUR 0.20 per B-share). The total dividend amount comprises the interim dividend of EUR 0.25 per A-share (EUR 0.10 per B-share), which has already been paid to shareholders on October 16, 2025. The final dividend of EUR 0.25 per A-share (EUR 0.10 per B-share) will be paid to shareholders on April 16, 2026. “I would like to sincerely thank our shareholders for their active engagement, visionary support and continued confidence in SES’ strategy,” said Adel Al-Saleh, CEO of SES. “The outcomes of today’s AGM underscore our shared commitment to a bold multi-orbit approach, with Medium Earth Orbit as the strategic backbone of a dynamically evolving global interco

Forrester: Three Years Into GenAI, Enterprises Are Still Chasing Its True Transformative Value2.4.2026 16:00:00 CEST | Press Release

According to Forrester’s (Nasdaq: FORR) latest report, Accelerate Your AI Voyage, most enterprises are struggling to turn growing AI adoption and investment into measurable business impact. One of the key factors holding businesses back is low artificial intelligence quotient (AIQ) — Forrester’s measure of AI aptitude — with many employees lacking a clear understanding of how to use AI. Other barriers include an overemphasis on productivity-focused use cases, difficulty measuring impact, and siloed adoption within individual functions. While these challenges can leave firms frozen in doubt or indecision, the wait-and-see approach to AI adoption is no longer viable. To unlock AI’s full potential, organizations need to focus on four key areas: Define the business outcomes and success metrics for what they want AI to achieve; identify specific use cases for AI deployment aligned to those business outcomes; establish a structured runway to plan, test, and strategically time the deployment

Andersen Consulting Adds Multiplica2.4.2026 15:30:00 CEST | Press Release

Andersen Consulting enters into a Collaboration Agreement with Multiplica, a digital consulting firm that helps organizations design, build, and scale impactful digital experiences. Founded in Spain with a presence in Latin America and the U.S., Multiplica focuses on user research and discovery, customer experience research, digital strategy, data modeling and analysis, report automation and data visualization, conversion rate optimization, product design, and user experience design. The firm helps organizations accelerate digital transformation by building digital capabilities, teams, and assets that advance expertise across digital products, consulting, and talent development. Multiplica enables clients to forecast emerging trends in digital experience and transform their businesses through enhanced digital channels and customer engagement. “Collaborating with Andersen Consulting represents an exciting opportunity to extend our reach and impact,” said David Boronat, CEO of Multiplica

The LYCRA Company Announces Strategic Partnership on Renewable LYCRA ® Fiber2.4.2026 15:00:00 CEST | Press Release

The LYCRA Company, a global leader in innovative and sustainable fiber solutions for the apparel and personal care industries, today announced the signing of a strategic partnership agreement with Texhong International Group Limited (“Texhong”), one of the world’s largest suppliers of core-spun cotton textiles. Under the agreement, Texhong will exclusively partner with The LYCRA Company to bring Renewable LYCRA® fiber made with 30 percent plant-based content* to China’s core-spun yarn sector. This collaboration aims to accelerate the adoption of bio-derived spandex across the global apparel and textile industry. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260402505834/en/ The LYCRA Company announced a strategic partnership with Texhong International Group for renewable LYCRA® fiber. Pictured at the signing ceremony held in Shanghai (left to right): Jason Wang, Vice President, Asia, The LYCRA Company, and Zhou Xia, Chief O

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye