According to Snowflake recommended best practice, the requirements of the large manufacturing company should be met by deploying a Private Data Exchange in combination with data shares for the European accounts. A Private Data Exchange is a feature of the Snowflake Data Cloud platform that enables secure and governed sharing of data between organizations. It allows Snowflake customers to create their own data hub and invite other parts of their organization or external partners to access and contribute data sets.A Private Data Exchange provides centralized management, granular access control, and data usage metrics for the data shared in the exchange1. A data share is a secure and direct way of sharing data between Snowflake accounts without having to copy or move the data.A data share allows the data provider to grant privileges on selected objects in their account to one or more data consumers in other accounts2. By using a Private Data Exchange in combination with data shares, the company can achieve the following benefits:The business divisions can decide what data to share and publish it to the Private Data Exchange, where it can be discovered and accessed by other members of the exchange. This reduces the effort and complexity of managing multiple data sharing relationships and configurations.The company can leverage the existing Snowflake accounts in the same cloud deployments to create the Private Data Exchange and invite the members to join. This minimizes the migration and setup costs and leverages the existing Snowflake features and security.The company can use data shares to share data with the European accounts that are in different regions or cloud platforms. This allows the company to comply with the regional and regulatory requirements for data sovereignty and privacy, while still enabling data collaboration across the organization.The company can use the Snowflake Data Cloud platform to perform data analysis and transformation on the shared data, as well as integrate with other data sources and applications. This enables the company to optimize its supply chain and increase its purchasing leverage with multiple vendors.
According to Snowflake recommended best practice, the requirements of the large manufacturing company should be met by deploying a Private Data Exchange in combination with data shares for the European accounts. A Private Data Exchange is a feature of the Snowflake Data Cloud platform that enables secure and governed sharing of data between organizations. It allows Snowflake customers to create their own data hub and invite other parts of their organization or external partners to access and contribute data sets.A Private Data Exchange provides centralized management, granular access control, and data usage metrics for the data shared in the exchange1. A data share is a secure and direct way of sharing data between Snowflake accounts without having to copy or move the data.A data share allows the data provider to grant privileges on selected objects in their account to one or more data consumers in other accounts2. By using a Private Data Exchange in combination with data shares, the company can achieve the following benefits:
The business divisions can decide what data to share and publish it to the Private Data Exchange, where it can be discovered and accessed by other members of the exchange. This reduces the effort and complexity of managing multiple data sharing relationships and configurations.
The company can leverage the existing Snowflake accounts in the same cloud deployments to create the Private Data Exchange and invite the members to join. This minimizes the migration and setup costs and leverages the existing Snowflake features and security.
The company can use data shares to share data with the European accounts that are in different regions or cloud platforms. This allows the company to comply with the regional and regulatory requirements for data sovereignty and privacy, while still enabling data collaboration across the organization.
The company can use the Snowflake Data Cloud platform to perform data analysis and transformation on the shared data, as well as integrate with other data sources and applications. This enables the company to optimize its supply chain and increase its purchasing leverage with multiple vendors.