>>Hello, everyone. And welcome back to our wall to wall coverage of the data Cloud Summit. This is Dave a lot. And we're seeing the emergence of a next generation workload in the cloud were more facile access and governed. Sharing of data is accelerating. Time to insights and action. All right, allow me to introduce our next guest. Amy Irwin is here. She's the vice president of strategy for experience. And Matt Glickman is VP customer product strategy it snowflake with an emphasis on financial services. Folks, welcome to the Cube. Thanks so much for coming on. >>Thanks for >>having us >>nice to be here. Hey, >>So, Amy, I mean, obviously 2020 has been pretty unique and crazy and challenging time for a lot of people. I don't know why I've been checking my credit score a lot more for some reason. On the app I love the app I got hacked. I had a lock it the other day I locked my credit. Somebody tried to dio on and it worked. I was so happy. So thank you for that. But so we know experience, but there's a ton of data behind what you do. I wonder if you could share kind of where you sit in the data space and how you've seen organizations leverage data up to this point. And really, if you could address maybe some of the changes that you're seeing as a result of the pandemic, that would be great. >>Sure, sure. Well, Azaz, you mentioned experience Eyes best known as a credit bureau. Uh, I work in our marketing services business unit, and what we do is we really help brands leverage the power of data and technology to make the right marketing decisions and better understand and connect with consumers. Eso We offer marketers products around data identity activation measurement. We have a consumer view data file that's based on offline P I and contains demographic interest, transaction data and other attributes on about 300 million people in the U. S. Uh, and on the identity side, we've always been known for our safe haven or privacy friendly matching that allows marketers to connect their first party data to experience or other third parties. Uh, but in today's world, with the growth and importance of digital advertising and consumer behavior shifting to digital, uh, experience also is working to connect that offline data to the digital world for a complete view of the customer you mentioned co vid, um, we actually, we start of many different verticals. And what we're seeing from our clients during co vid is that there's a bearing impact of the pandemic. The common theme is that those that have successfully pivoted their businesses to digital are doing much better. Uh, as we all know, Kobe accelerated very strong trends to digital both in the commerce and immediately eating habits. We work with a lot of retailers. Retail is a tale of two cities with big box and grocery growing and apparel retail really struggling. We've helped our clients leveraging our data to better understand the shifts in these consumer behaviors and better segment their customers during this really challenging time. Eso think about there's there's a group of customers that it's still staying home that is sheltered in place. There's a group of customers starting that significantly varied their consumer behavior, but it's starting to venture out a little. And then there's a group of customers that's doing largely what they did before in a somewhat modified fashion. So we're helping our clients segment those customers into groups to try and understand the right messaging and right offers for each of those groups. And we're also helping them with at risk. Audi's is S O. That's more on the financial side. Which of your customers are really struggling due to the pandemic. And how do you respond? >>So it's awesome. Thank you. You know it Zafon e I mean somebody. I saw Twitter poll today asking if we measure our screen time and I said, Oh my no eso Matt, let me ask you. You spend a ton of time and financial services. You really kind of cut your teeth there, and it's always been very data oriented. You've seen a lot of changes tell us about how your customers are bringing together data, the skills that people obviously a big part of the equation and applications to really put data at the center of their universe. What's new and different that these companies are getting out of the investments in data and skills. >>That's a great question. Um, the acceleration that Amy mentioned Israel, Um, we're seeing a particularly this year, but I think even in the past few years, the reluctance of customers to embrace. The cloud is behind us. And now there's this massive acceleration to be able to go faster on, and in some ways the new entrance into this category have an advantage versus, you know, the companies that have been in the space, whether it's financial services or beyond. Um, and in a lot of ways they are are seeing the cloud and services like snowflakes as a way toe not only catch up but leapfrog your competitors and really deliver a differentiated experience to your customers to your business, internally or externally. Um, and this past, you know, however long this crisis has been going on, has really only accelerated that, because now there's a new demand. Understand your customer better your your business better with with your traditional data sources and also new alternative data sources, Um, and also be able to take a pulse. One of things that we learned which was you know, I opening experience was as the crisis unfolded, one of our data partners decided to take the data sets about where the cases where were happening from the Johns Hopkins and World Health Organization and put that on our platform and it became a runaway hit. Where now, with thousands of our customers overnight, we're using this data to understand how their business was doing versus how the crisis was unfolding in real time. On this has been a game changer, and I think it's only it's only scratching the surface of what now the world will be able to do when data is really at their fingertips. You're not hindered by your legacy platforms. >>I wrote about that back in the early days of the pandemic when you guys did that and talked about some of the changes that you guys enabled. And you know you're right about Cloud. I mean, financial services. Cloud used to be an evil word, and now it's almost become a mandate. Amy, I >>wonder if you >>could tell us a little bit more about what? What you know your customers they're having to work through in order to achieve some of these outcomes. I mean, I'm interested in the starting point. I've been talking a lot and writing a lot on talking to practitioners about what I call the data lifecycle. Sometimes people call it the data pipeline. It's it's a complicated matter, but those customers and companies that can put data at the center and really treat that pipeline is, you know, the heart of their organization, if you will, Really succeeding. What are you seeing and what really is the starting point there? >>Yes, yes, that's a good question. And as you mentioned, first party, I mean, we start with first party data. Right? First party data is critical to understanding consumers on been in different verticals, different companies. Different brands have varying levels of first party data. So retailers gonna have a lot more first party data financial services company, then say an auto manufacturer. Uh, while many marketers have that first party data to really have a 3 60 view of the customer, they need third party data as well. And that's where experience comes in. We help brands connect those disparate data sets both 1st and 3rd party baked data to better understand consumers and create a single customer view, which has a number of applications. I think the last that I heard was that there's about eight devices on average per person. I always joke that we're gonna have these enormous. I mean, that that number is growing we're gonna have these enormous charging stations in our house, and I think we're because all the different devices and way seamlessly move from device to device along our customer journey. And, um, if the brand doesn't understand who we are, it's much harder for the brand to connect with consumers and create a positive customer experience and way site that about 95% of companies are actually that they are looking to achieve that single customer view. They recognize, um, that they need that. And they've aligned various teams from e commerce to marketing to sales so at a minimum in just their first party data, and then connect that data to better understand, uh, consumers. So consumers can interact with the brand through website and mobile app in store visits, um, by the phone TV ad, etcetera. And a brand needs to use all of those touchpoints often collected by different parts of the organization and then adding that third party data to really understand the consumers in terms of specific use cases, Um, there's there's about three that come to mind. So there's first. There's relevant advertising and reaching the right customer. There's measurement s or being able to evaluate your advertising efforts. Uh, if you see an ad on if I see it out of my mobile and then I by by visiting a desktop website, understanding or I get a direct mail piece understanding that those connect those interactions are all connected to the same person is critical for measurement. And then there's, uh, there's personalization, um, which includes improved customer experience amongst your own, um, touch points with that consumer Parsons marketing communication and then, of course, um, analytics. So those are the use cases we're seeing? Great. >>Thank you, Amy. I'm at you Can't really talk about data without talking about, >>you know, >>governance and and and compliance. And I remember back in 2006 when the Federal Rules of Civil Procedure went in, it was easy. The lawyers just said, No, nobody can have access, but that's changed. One of things I like about what snowflakes doing with the data cloud is it's really about democratizing access, but doing so in a way that gives people confidence that they only have access to the right data. So maybe you could talk a little bit about how you're thinking about this topic what you're doing to help customers navigate, which has traditionally been such a really challenging problem. >>No, it's another great question. Um, this is where I think the major disruption is happening. Um, and what Amy described being able to join together 1st and 3rd party data sets. Um, being able to do this was always a challenge because data had to be moved around, had to ship my first party data to the other side. The third party data had to be shipped to me. And being able to join those data sets together, um was problematic at best. And now, with the focus on privacy and protecting P, I, um, this is this is something that has to change. And the good news is with the data cloud data does not have to move. Data can stay where it belongs experience and keep its data experience. Customers can hold on to their data. Yet the data can be joined together on this universal global platform that we call the data cloud. On top of that, and particularly with the regulations that are coming out that are going to prevent data from being collected on either a mobile device or in wet warn as cookies and Web browsers. New approaches and we're seeing this a lot in our space, both in financials and in media is to set up these data clean rooms where both sides can give access to one another but not have to reveal any P i i to do that joint. Um, this is gonna be huge right now. You actually can protect your your customers, private your consumers, private identities, but still accomplish that. Join that Amy mentioned to be able to thio, relate the cause and effect of these campaigns and really understand the signals that these data sets are trying to say about one another again without having to move data without having to reveal P. I We're seeing this happening now. This is this is the next big thing that we're gonna see explode over the next months and years to come. >>I totally agree massive changes coming in public policy in this area, and I wanted we only have a few minutes left. I wonder if for our audience members that you know, looking for some advice, what's the what's the one thing you'd recommend? They start doing differently or consider putting in place That's going to set them up for success over the next decade. >>Yeah, that's a good question. Um, you know, I think e always say, you know, first harness all of your first party data across all touchpoints. Get that first party data in one place and working together psychic back that data with trusted third parties and mats, just in some ways to do that and then third, always with the customer first speak their language, uh, where and when they want to be, uh, reached out thio on and use the information. You have to really create a better a better customer experience for your customers. >>Matt. What would you add to that? Bring us home if you would >>applications. Um, the idea that data can now be your data can now be pulled into your own business applications the same way that Netflix and Spotify are pulled into your consumer and lifestyle applications again without data moving these personalized applications experiences is what I encourage everyone to be thinking about from first principles. What would you do in your next app that you're going to build? If you had all of your consumers. Consumers had access to their data in the APP and not having to think about things, you know, from scratch. Leverage the data cloud leverage these, you know, service providers like experience and build the applications of tomorrow. >>I'm super excited when I talked to practitioners like yourselves about the future of data Guys. Thanks so much for coming on. The Cube was really a pleasure having you and hope we can continue this conversation in the future. >>Thank you. >>Anything. >>All right. Thank you for watching. Keep it right there. We've got great content. Tons of content coming at the Snowflake Data Cloud Summit. This is Dave Volonte for the Cube. Keep it right there.

>> Hello everyone, and welcome back to our wall-to-wall coverage of the Datacloud summit, this is Dave Vellante, and we're seeing the emergence of a next generation workload in the cloud, more facile access, and governed sharing of data is accelerating time to insights and action. Alright, allow me to introduce our next guest. Aimee Irwin is here, she's the vice president of strategy for Experian, and Matt Glickman is VP of customer product strategy at Snowflake, with an emphasis on financial services, folks, welcome to theCUBE, thanks so much for coming on. >> Thanks Dave, nice to be here. >> Hey so Aimee, obviously 2020's been pretty unique and crazy and challenging time for a lot of people, I don't know why, I've been checking my credit score a lot more for some reason on the app, I love the app, I had to lock it the other day, I locked my credit, somebody tried to do, and it worked, I was so happy, so thank you for that. So, we know Experian, but there's a ton of data behind what you do, I wonder if you could share kind of where you sit in the data space, and how you've seen organizations leverage data up to this point, and really if you could address some of the changes you're seeing as a result of the pandemic, that would be great. >> Sure, sure. Well, as you mentioned, Experian is best known as a credit bureau. I work in our marketing services business unit, and what we do is we really help brands leverage the power of data and technology to make the right marketing decisions, and better understand and connect with consumers. So we offer marketers products around data, identity, activation, measurement, we have a consumer-view data file that's based on offline PII and contains demographic interest, transaction data, and other attributes on about 300 million people in the US. And on the identity side we've always been known for our safe haven, or privacy-friendly matching, that allows marketers to connect their first party data to Experian or other third parties, but in today's world, with the growth in importance of digital advertising, and consumer behavior shifting to digital, Experian also is working to connect that offline data to the digital world, for a complete view of the customer. You mentioned COVID, we actually, we serve many different verticals, and what we're seeing from our clients during COVID is that there's a varying impact of the pandemic. The common theme is that those who have successfully pivoted their businesses to digital are doing much better, as we all know, COVID accelerated very strong trends to digital, both in e-commerce and in media-viewing habits. We work with a lot of retailers, retail is a tale of two cities, with big box and grocery growing, and apparel retail really struggling. We've helped our clients, leveraging our data to better understand the shifts in these consumer behaviors, and better psych-map their customers during this really challenging time. So think about, there's a group of customers that is still staying home, that is sheltered in place, there's a group of customers starting to significantly vary their consumer behavior, but is starting to venture out a little, and then there's a group of customers that's doing largely what they did before, in a somewhat modified fashion, so we're helping our clients segment those customers into groups to try and understand the right messaging and right offers for each of those groups, and we're also helping them with at-risk audiences. So that's more on the financial side, which of your customers are really struggling due to the pandemic, and how do you respond. >> That's awesome, thank you. You know, it's funny, I saw a twitter poll today asking if we measure our screen time, and I said, "oh my, no." So, Matt, let me ask you, you spent a ton of time in financial services, you really kind of cut your teeth there, and it's always been very data-oriented, you're seeing a lot of changes, tell us about how your customers are bringing it together, data, the skills, the people, obviously a big part of the equation, and applications to really put data at the center of the universe, what's new and different that these companies are getting out of the investments in data and skills? >> That's a great question, the acceleration that Aimee mentioned is real. We're seeing, particularly this year, but I think even in the past few years, the reluctance of customers to embrace the cloud is behind us, and now there's this massive acceleration to be able to go faster, and in some ways, the new entrants into this category have an advantage versus the companies that have been in this space, whether it's financial services or beyond, and in a lot of ways, they all are seeing the cloud and services like Snowflake as a way to not only catch up, but leapfrog your competitors, and really deliver a differentiated experience to your customers, to your business, internally or externally. And this past, however long this crisis has been going on, has really only accelerated that, because now there's a new demand to understand your customer better, your business better, with your traditional data sources, and also new, alternative data sources, and also being able to take a pulse. One of the things that we learned, which was an eye-opening experience, was as the crisis unfolded, one of our data partners decided to take the datasets about where the cases were happening from the Johns Hopkins, and World Health Organization, and put that on our platform, and it became a runaway hit. Thousands of our customers overnight were using this data to understand how their business was doing, versus how the crisis was unfolding in real time. And this has been a game-changer, and it's only scratching the surface of what now the world will be able to do when data is really at their fingertips, and you're not hindered by your legacy platforms. >> I wrote about that back in the early days of the pandemic when you guys did that, and talked about some of the changes that you guys enabled, and you know, you're right about cloud, in financial services cloud used to be an evil word, and now it's almost, it's become a mandate. Aimee, I wonder if you could tell us a little bit more about what your customers are having to work through in order to achieve some of these outcomes. I mean, you know, I'm interested in the starting point, I've been talking a lot, and writing a lot, and talking to practitioners about what I call the data life cycle, sometimes people call it the data pipeline, it's a complicated matter, but those customers and companies that can put data at the center and really treat that pipeline as the heart of their organization, if you will, are really succeeding. What are you seeing, and what really is the starting point, there? >> Yes, yeah, that's a good question, and as you mentioned, first party, I mean we start with first party data, right? First party data is critical to understanding consumers. And different verticals, different companies, different brands have varying levels of first party data. So a retailers going to have a lot more first party data, a financial services company, than say, an auto manufacturer. And while many marketers have that first party data, to really have a 360 view of the customer, they need third party data as well, and that's where Experian comes in, we help brands connect those disparate datasets, both first and third party data to better understand consumers, and create a single customer view, which has a number of applications. I think the last stat I heard was that there's about eight devices, on average, per person. I always joke that we're going to have these enormous, and that number's growing, we're going to have these enormous charging stations in our house, and I think we already do, because of all the different devices. And we seamlessly move from device to device, along our customer journey, and, if the brand doesn't understand who we are, it's much harder for the brand to connect with consumers and create a positive customer experience. And we cite that about 95 percent of companies, they are looking to achieve that single customer view, they recognize that they need that, and they've aligned various teams from e-commerce, to marketing, to sales, to at a minimum adjust their first party data, and then connect that data to better understand consumers. So, consumers can interact with a brand through a website, a mobile app, in-store visits, you know, by the phone, TV ads, et cetera, and a brand needs to use all of those touchpoints, often collected by different parts of the organization, and then add in that third party data to really understand the consumers. In terms of specific use cases, there's about three that come to mind. So first there's relevant advertising, and reaching the right customer, there's measurement, so being able to evaluate your advertising efforts, if you see an ad on, if I see an ad on my mobile, and then I buy by visiting a desktop website, understanding, or I get a direct mail piece, understanding that those interactions are all connected to the same person is critical for measurement. And then there's personalization, which includes improved customer experience amongst your own touchpoints with that consumer, personalized marketing communication, and then of course analytics, so those are the use cases we're seeing. >> Great, thank you Aimee. Now Matt, you can't really talk about data without talking about governance and compliance, and I remember back in 2006, when the federal rules of civil procedure went in, it was easy, the lawyers just said, "no, nobody can have access," but that's changed, and one of the things I like about what Snowflake's doing with the data cloud is it's really about democratizing access, but doing so in a way that gives people confidence that they only have access to the right data. So maybe you could talk a little bit about how you're thinking about this topic, what you're doing to help customers navigate, which has traditionally been such a really challenging problem. >> Another great question, this is where I think the major disruption is happening. And what Aimee described, being able to join together first and third party datasets, being able to do this was always a challenge, because data had to be moved around, I had to ship my first party data to the other side, and the third party data had to be shipped to me, and being able to join those datasets together was problematic at best, and now with the focus on privacy and protecting PII, this is something that has to change, and the good news is, with the data cloud, data does not have to move. Data can stay where it belongs, Experian can keep its data, Experian's customers can hold onto their data, yet the data can be joined together on this universal, global platform that we call the data cloud. On top of that, and particularly with the regulations that are coming out that are going to prevent data from being collected on either a mobile device or as cookies on web browsers, new approaches, and we're seeing this a lot in our space, both in financials and media, is to set up these data clean rooms, where both sides can give access to one another, but not have to reveal any PII to do that join. This is going to be huge, now you actually can protect your customers' and your consumers' private identities, but still accomplish that join that Aimee mentioned, to be able to relate the cause and effect of these campaigns, and really understand the signals that these datasets are trying to say about one another, again without having to move data, without having to reveal PII, we're seeing this happening now, this is the next big thing, that we're going to see explode over the months and years to come. >> I totally agree, massive changes coming in public policy in this area, and we only have a few minutes left, and I wonder if for our audience members that are looking for some advice, what's the, Aimee, what's the one thing you'd recommend they start doing differently, or consider putting in place that's going to set them up for success over the next decade? >> Yeah, that's a good question. You know, I think, I always say, first, harness all of your first party data across all touchpoints, get that first party data in one place and working together, second, connect that data with trusted third parties, and Matt suggested some ways to do that, and then third, always put the customer first, speak their language, where and when they want to be reached out to, and use the information you have to really create a better customer experience for your customers. >> Matt, what would you add to that? Bring us home, if you would. >> Applications. The idea that data, your data can now be pulled into your own business applications the same way that Netflix and Spotify are pulled into your consumer and lifestyle applications, again, without data moving, these personalized application experiences is what I encourage everyone to be thinking about from first principles. What would you do in your next app that you're going to build, if you had all your consumers, if the consumers had access to their data in the app, and not having to think about things from scratch, leverage the data cloud, leverage these service providers like Experian, and build the applications of tomorrow. >> I'm super excited when I talk to practitioners like yourselves, about the future of data, guys, thanks so much for coming on theCUBE, it was a really a pleasure having you, and I hope we can continue this conversation in the future. >> Thank you. >> Thanks. >> Alright, thank you for watching, keep it right there, we got great content, and tons of content coming at the Snowflake data cloud summit, this is Dave Vellante for theCUBE, keep it right there.