Snowflake, the $90 billion data cloud firm, has partnered with data science startup Anaconda to help make life easier for data scientists by making it that much faster to get answers from their databases.
In addition to the partnership, the data giant's venture arm Snowflake Ventures has invested an undisclosed amount in Anaconda, the companies announced on Wednesday.
Anaconda's platform will help Snowflake users run analytics inside of their database, rather than pulling data out of the database to run analytics on it, according to cofounder and CEO of Anaconda Peter Wang.
The partnership was formed due to "mutual interest," according to Wang and the deal had been in the works for "quite some time."
"If you are at a business where they have data in Snowflake, then this lets you get your analytics much closer to the production data without additional steps," Wang told Insider. "And once you actually build some analytics or some models, it's also that much easier and more convenient to put into production."
Python is one of the most popular open-source programming languages, with a big community behind it. Even software giants like Google, Facebook and Spotify use the programming language for collecting, processing and analyzing vast amounts of data. Snowflake's investment in Anaconda is a step towards further growing the Python community, Wang says, making it more useful for data scientists and others in the space.
"What I'm excited about is that we're, we're putting Python now into a very rarefied list of business tools that can be relied upon to talk to the database and that you can run business insights on inside the database," Wang said. "There's not that many tools that get to that level."
