According to Gartner, by 2023, more than 33% of big firms will employ analysts practicing decision intelligence (including decision modeling). As a result, businesses will become increasingly reliant on aggregating data from across the organization to inform descriptive and predictive analytics.
OneBill, a provider of end-to-end billing and revenue management software, has seen this rising opportunity to build intelligent analytics using OneBill's diverse data sources and Snowflake Data Marketplace's rich data.
Every month, OneBill processes millions of data inputs spanning product inventories, usage (e.g. minutes, data, volume, etc. ), price values, taxation, and much more to generate an invoice. As a result, OneBill saw an opportunity to investigate how this massive amount of data could be transformed into helpful analytics, allowing their clients to do predictive data analytics that impacts future revenue strategy decisions.
Data from the OneBill platform will be fed into Snowflake and transformed into dashboard reporting tools that can be customized for a firm thanks to the interface created between the two platforms. Customers can also compare and reconcile their billing data with their accounting reports, as Snowflake can provide data from other corporate systems such as Accounting and Taxation platforms.
"We are excited by this partnership, as we see Snowflake as a strong partner to build this modernized, scalable, and adoptive platform, based on their unique set of product portfolio elements. Furthermore, their high level of computing, storage, and security capabilities is second to none, making them a partner we can truly trust in this venture,"
OneBill Software Founder & CEO, JK Chelladurai
"We are encouraged by OneBill's latest capabilities, Powered by Snowflake, which can be transformative for many businesses as they pursue innovation with these advanced revenue reporting tools," said Colleen Kapase, SVP of Worldwide Partners and Alliances. "As Snowflake continues to make strides to mobilize the world's data, partners like OneBIll give our customers greater flexibility around how they make key revenue management decisions."