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Shiprocket deploys on Snowflake AI Data Cloud for better insights
Snowflake has announced that Shiprocket, an eCommerce enablement platform, has successfully deployed on the AI Data Cloud provided by the company.
This collaboration aims to streamline data operations, offer real-time insights, and enhance the customer experience for Shiprocket's extensive network of 1.5 lakh merchants.
The deployment provides Shiprocket's merchants with quicker access to data, enabling businesses to make data-driven decisions more efficiently and gain a competitive edge. The cloud-based structure allows these merchants to scale their data infrastructure without difficulty.
Snowflake's AI Data Cloud claims to have significantly reduced the data processing time for Shiprocket from days to a matter of minutes, providing the platform with increased agility in operations, improved decision-making capabilities, and a more seamless eCommerce experience for its seller base.
Saahil Goel, Managing Director and CEO of Shiprocket, commented on the partnership: "This collaboration with Snowflake is a transformative milestone for our 1.5 lakhs-strong seller community, collectively driving an annualised GMV of over USD $3 billion. By integrating Snowflake's AI Data Cloud, we have gained access to real-time data insights that are crucial for our sellers' eCommerce operations."
Goel continues, "This strategic collaboration empowers our sellers to scale their data infrastructure seamlessly as their businesses grow. The enhanced data processing capabilities and real-time insights provided by Snowflake will enable our sellers to optimise their operations more efficiently, make data-driven decisions with greater accuracy, and ultimately deliver a seamless and exceptional eCommerce experience to their customers."
"This collaboration underscores our commitment to leveraging advanced technology to provide our merchants with the best tools to thrive in the competitive eCommerce landscape."
Shiprocket future plans include exploring advanced applications within the AI Data Cloud, such as Generative AI (Gen AI) and large language models (LLMs). The company is also looking into developing chatbots that allow sellers to interact with their data using natural language, aiming to enhance accessibility and user experience further.
Vijayant Rai, Managing Director of India at Snowflake, said, "As Shiprocket expands its operations, Snowflake's AI Data Cloud provides a scalable, cost-effective, secure platform to support their diverse data needs to drive business value. We are proud to be part of Shiprocket's growth journey, empowering their businesses with real-time data insights to spur innovation and customer delight."
This partnership reflects a mutual commitment between Shiprocket and Snowflake to use the power of data to revolutionise the eCommerce landscape. With this collaboration, Shiprocket is in a strong position to explore the potential of AI-powered solutions in the future.