LONDON -Saturday 22 February 2020 [ AETOS Wire ]
(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.
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.
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.
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.
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
View source version on businesswire.com: https://www.businesswire.com/news/home/20200218005974/en/
Contacts
For media enquiries:
Rachel Humphries at Cirium
Rachel.humphries@cirium.com
+44 7966151962
Rachel Humphries at Cirium
Rachel.humphries@cirium.com
+44 7966151962
