{"id":687971,"date":"2022-09-22T08:04:59","date_gmt":"2022-09-22T12:04:59","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/boxed-partners-with-snowflake-to-provide-spresso-saas-capabilities-to-joint-customers\/"},"modified":"2022-09-22T08:04:59","modified_gmt":"2022-09-22T12:04:59","slug":"boxed-partners-with-snowflake-to-provide-spresso-saas-capabilities-to-joint-customers","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/boxed-partners-with-snowflake-to-provide-spresso-saas-capabilities-to-joint-customers\/","title":{"rendered":"Boxed Partners with Snowflake to Provide Spresso SaaS Capabilities to Joint Customers"},"content":{"rendered":"

\nAdvanced Analytics, Machine Learning and Artificial Intelligence Will Be Available to Help Joint Customers Deliver Optimal Business Outcomes
\n<\/h2>\n
\n

NEW YORK, Sept. 22, 2022 (GLOBE NEWSWIRE) — Boxed, Inc. (NYSE: BOXD, BOXD WS) (\u201cBoxed\u201d or the \u201cCompany\u201d), the commerce technology company specializing as both an e-commerce retailer and e-commerce enabler, today announced that its Spresso SaaS platform is now Powered by Snowflake<\/u><\/a>. Powered by Snowflake is a Snowflake Partner Network program, designed to accelerate the ability of companies and application developers to deliver differentiated applications by supporting them across all stages of the application journey in Snowflake\u2019s Data Cloud.<\/p>\n

Spresso solutions deliver actionable insights to help customers scale their businesses effectively by supporting efficient growth and cost reduction. The platform\u2019s modularized analytics and machine learning solutions target specific opportunities in the retail ecosystem, allowing merchants to better forecast customer value, predict churn, optimize pricing for profitability and conversion, and drive efficiencies in packing and shipping.<\/p>\n

\u201cOur partnership with Snowflake allows our customers to seamlessly share the data needed to drive Spresso outputs. In turn, Spresso models run in the Snowflake Retail Data Cloud<\/u><\/a>, returning predictive analytics and actionable insights to our mutual customers to achieve better business outcomes,\u201d said Jared Yaman, Chief Operating Officer at Boxed and Spresso Business Head.<\/p>\n

Through its Spresso platform, Boxed has been a longtime customer of Snowflake and a member of Snowflake Partner Connect, and now, the Snowflake Partner Network. Spresso tools and modules were built using the Snowflake Native Application Framework<\/u><\/a>, currently in private preview, which enables application developers to build apps using Snowflake core functionalities, globally distribute them on Snowflake Marketplace<\/u><\/a>, and deploy them within a consumer\u2019s Snowflake account. Spresso will soon be available to Snowflake\u2019s Data Cloud Ecosystem, consisting of more than 6,300 customers, and leverage Snowflake enablers such as Snowpark, Snowsight, and other valued marketplace partners.<\/p>\n

\u201cOur partnership with Boxed will drive valuable insights for our joint customers, providing them with the analysis they need to optimize their businesses,\u201d said Rosemary Hua, Global Industry GTM Lead, Retail and CPG at Snowflake. \u201cBy becoming Powered by Snowflake, Spresso will allow our joint customers to leverage a streamlined implementation with a single source of truth to help them increase profitability, reduce churn, and drive a better customer experience.\u201d<\/p>\n

\n About Boxed <\/strong>
\n
Boxed is an e-commerce retailer and an e-commerce enabler. The Company operates an e-commerce retail service that provides bulk pantry consumables to businesses and household customers, without the requirement of a \u201cbig-box\u201d store membership. This service is powered by Spresso (https:\/\/www.spresso.com<\/u><\/a>), the Company\u2019s own Software & Service business. From solving challenges with data using machine-learning modules to re-platforming with end-to-end technology, Spresso\u2019s purpose-built storefront, marketplace, analytics, fulfillment, advertising, and robotics technologies enable better business outcomes for e-commerce customers. The Company aspires to make a positive social impact with an emphasis on good Environmental, Social and Governance (\u201cESG\u201d) practices, and as such, has developed a powerful, unique brand, known for doing right by its customers, employees and society. For more information, please visit investors.boxed.com<\/a>.<\/p>\n

\n Media Contacts <\/strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0
David Taft
Boxed
dave@boxed.com<\/u><\/a><\/p>\n

\n Investor Contacts <\/strong>
\n
Chris Mandeville
ICR
BoxedIR@icrinc.com<\/a><\/u><\/p>\n<\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

Advanced Analytics, Machine Learning and Artificial Intelligence Will Be Available to Help Joint Customers Deliver Optimal Business Outcomes NEW YORK, Sept. 22, 2022 (GLOBE NEWSWIRE) — Boxed, Inc. (NYSE: BOXD, BOXD WS) (\u201cBoxed\u201d or the \u201cCompany\u201d), the commerce technology company specializing as both an e-commerce retailer and e-commerce enabler, today announced that its Spresso SaaS platform is now Powered by Snowflake. Powered by Snowflake is a Snowflake Partner Network program, designed to accelerate the ability of companies and application developers to deliver differentiated applications by supporting them across all stages of the application journey in Snowflake\u2019s Data Cloud. Spresso solutions deliver actionable insights to help customers scale their businesses effectively by supporting efficient growth and cost reduction. The platform\u2019s modularized … <\/p>\n

Continue reading “Boxed Partners with Snowflake to Provide Spresso SaaS Capabilities to Joint Customers”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-687971","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nBoxed Partners with Snowflake to Provide Spresso SaaS Capabilities to Joint Customers - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/boxed-partners-with-snowflake-to-provide-spresso-saas-capabilities-to-joint-customers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Boxed Partners with Snowflake to Provide Spresso SaaS Capabilities to Joint Customers - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Advanced Analytics, Machine Learning and Artificial Intelligence Will Be Available to Help Joint Customers Deliver Optimal Business Outcomes NEW YORK, Sept. 22, 2022 (GLOBE NEWSWIRE) — Boxed, Inc. (NYSE: BOXD, BOXD WS) (\u201cBoxed\u201d or the \u201cCompany\u201d), the commerce technology company specializing as both an e-commerce retailer and e-commerce enabler, today announced that its Spresso SaaS platform is now Powered by Snowflake. Powered by Snowflake is a Snowflake Partner Network program, designed to accelerate the ability of companies and application developers to deliver differentiated applications by supporting them across all stages of the application journey in Snowflake\u2019s Data Cloud. Spresso solutions deliver actionable insights to help customers scale their businesses effectively by supporting efficient growth and cost reduction. 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