Snowflake Software Agrees to Join Cirium in a Deal Focused on Delivering a Complete, Real-time View of World Flight Operations
February 18 2020 - 1:12PM
Business Wire
Snowflake Software Ltd (Snowflake), an innovator in fusing and
streaming live flight and navigational data, has signed an
agreement to become part of Cirium, the expanding aviation
analytics group. Cirium, which is part of RELX, expects the
acquisition to give the combined group a world-class capability in
handling live flight data for the global air transport
industry.
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Cirium signs agreement to acquire
Snowflake Software. (Photo: Business Wire)
Based in Southampton, UK, Snowflake has accelerated the
integration and exchange of flight, weather and aeronautical data
through its cloud-based Laminar Data platform. This will now be
brought together with Cirium’s flight status, schedule, fleet and
traffic analytics.
As demand for air travel increases, seamless data exchange to
enable collaborative decision making is fundamental to the future
growth of the air transport industry. Snowflake with its
award-winning Laminar Data platform is well-placed to leverage this
unprecedented demand for data exchange across many airspace users
including Air Navigation Service Providers (ANSPs), Airlines,
Airport and Unmanned Traffic Management (UTM) providers.
One such global initiative pivotal to the success of the
International Civil Aviation Organization’s (ICAO) Global Air
Navigation Plan (GANP), is System Wide Information Management
(SWIM). Snowflake is recognized as a key innovator in SWIM having
recently operationally deployed the SWIM Gateway for the UAE’s
General Civil Aviation Authority (GCAA), the first such
installation outside of Europe and the USA, providing end-to-end
flight data management in the region.
In addition to leading ANSPs such as the GCAA and UK NATS
(previously known as National Air Traffic Services), Snowflake’s
Laminar Data platform underpins numerous high-profile data exchange
initiatives with organizations such as Rolls Royce, International
Air Transport Association (IATA) and SmartSky Networks, as well as
businesses in the emerging market for traffic management of
unmanned drones.
Jeremy Bowen, Cirium’s CEO said, “Both companies share a common
mission to free data from its legacy silos and help it flow more
fluently around the air transport industry. That is going to be
critical if aviation is to achieve efficient and sustainable
growth.”
“Combining Cirium’s world-class analytics and global scale with
Snowflake’s expertise in fusing and streaming flight information
will deliver major benefits across air travel through better and
more collaborative decision-making and ultimately smoother traveler
journeys.”
Ian Painter, Snowflake’s founding CEO said, “The two businesses
clearly share a very similar vision for how data can shape the
future in air transport and I’m excited to see what we can now
achieve together. The combination should be a huge win for the
industry”.
Snowflake will form part of Cirium’s portfolio of aviation data
analytics businesses, including: Diio, a leader in airline market
intelligence tools; FlightStats, a provider of flight information
for airline and travel sectors; and Innovata, a flight schedules
company.
Snowflake’s team of specialists in Southampton will join
approximately 500 Cirium technologists, analysts, data scientists
and market experts based in more than a dozen office locations
around the world.
The transaction is subject to customary consents and is expected
to complete later in the first quarter of 2020.
For further information please visit
www.cirium.com and follow Cirium updates via LinkedIn and
Twitter.
About Cirium Cirium brings together powerful data and
analytics to keep the world moving. Delivering insight, built from
decades of experience in the sector, enabling travel companies,
aircraft manufacturers, airports, airlines and financial
institutions, among others, to make logical and informed decisions
which shape the future of travel, growing revenues and enhancing
customer experiences. Cirium is part of RELX, a global provider of
information-based analytics and decision tools for professional and
business customers.
Find out more at cirium.com.
About RELX RELX is a global provider of information-based
analytics and decision tools for professional and business
customers. The group serves customers in more than 180 countries
and has offices in about 40 countries. It employs over 30,000
people of whom almost half are in North America. The shares of RELX
PLC, the parent company, are traded on the London, Amsterdam and
New York stock exchanges using the following ticker symbols:
London: REL; Amsterdam: REN; New York: RELX. The market
capitalisation is approximately £40.1bn/€48.1bn/$52.1bn.
Find out more at relx.com.
About Snowflake Software Snowflake Software accelerates
innovation in the aviation industry by making the world’s aviation
data accessible and easy to use. Its award winning Laminar Data
Platform is the world’s first commercial platform dedicated to
cleaning, fusing, and organizing the world’s aviation data to make
it easy for customers to build valuable, operational applications
at a fraction of the cost and complexity.
Find out more at https://snowflakesoftware.com
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version on businesswire.com: https://www.businesswire.com/news/home/20200218005974/en/
For media enquiries: Rachel Humphries at Cirium
Rachel.humphries@cirium.com +44 7966151962
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