In the Acceleration Economy Cloud Wars Top 10 CEO Outlook 2023 series, Bob Evans interviewed Frank Slootman, CEO of Snowflake. The company ranks #9 on the Cloud Wars Top 10. In this CEO Outlook moment, Slootman discusses how Snowflake enables demand and why the company goes through optimization cycles.
00:10 — Snowflake doesn’t necessarily create much demand, but rather enables it, shares Slootman. “The demand was already there, but the architectures of the past were incapable of enabling it.”
00:34 — The company enables customers to turn on a new warehouse in seconds and provision it. There will be results in minutes rather than hours or days.
01:16 — Slootman recalls the Chief Data Officer of a large media company telling him that she needs more drink tickets “because my people are getting wasted on Snowflake.”
01:33 — Now, this demonstrates the need to learn how to manage consumption instead of just managing capacity. Snowflake goes through optimization cycles so that many things can be accomplished in the world of data to optimize workloads.
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