Snowflake Overview
Company Snapshot
- Cloud Revenue (as of 01/31/2024):$738.1M
- Cloud Services:PaaS,IaaS
- CEO:Frank Slootman
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Cloud Wars Minute
Snowflake and Mistral AI partner to put a powerful set of LLMs into the hands of Data Cloud customers so they can build and host scalable AI applications.
Cloud Wars Minute
Snowflake announced a strategic investment in Landing AI as well as a partnership to integrate the company's computer vision platform into the Snowflake Data Cloud.
Cloud Wars
SAP intensifies focus on data with GenAI capabilities in Datasphere, refraining from "data cloud" terminology despite potential customer alignment.
Cloud Wars
Frank Slootman's successor as Snowflake CEO, Sridar Ramaswamy, brings a strong AI background and strategic vision to drive the company forward.
Cloud Wars Minute
Snowflake's Frank Slootman steps aside as CEO and the company appoints new CEO Sridhar Ramaswamy at a pivotal moment, with the importance of AI increasing rapidly.
Cloud Wars
Businesses exhibit strong confidence in cloud and AI, reflected in soaring RPO and backlog figures from Workday, Snowflake, and Salesforce. Substantial long-term commitments highlight aggressive investments in these companies' software.
Cloud Wars Minute
Recent earnings reports from Workday, Snowflake, and Salesforce show strong future bookings across diverse market positions.
Cloud
Highlighting optimistic subscription-revenue trends for Workday, decoding Salesforce's cautiously optimistic signals for a potential growth turnaround, and expecting continued strong growth for Snowflake driven by AI and expanding data initiatives.
Cloud Wars Minute
An analysis of the upcoming fiscal Q4 results of Workday, Snowflake, and Salesforce that emphasizes their ability to succeed in the dynamic cloud market.
Cloud Wars
Snowflake, Workday, and Salesforce experience the greatest market cap percentage gains among the Cloud Wars Top 10. The index reflects customer confidence in these firms.
Cloud Wars Minute
The Cloud Wars Cloud and AI Confidence Index reaches an all-time high, led by Microsoft, Google, and Amazon, which all gained well over $1 trillion in market cap.
Data Modernization
Review five products that can help business tech leaders modernize data while embracing AI, including software from Couchbase, Gathr, Microsoft, Snowflake, and Teradata.
Cloud Wars
Google Cloud claims the #1 spot in the Cloud Wars growth chart with a 25.7% growth rate and $9.2 billion in revenue, amid shifting industry dynamics.
Cloud Wars
Google Cloud has a narrow lead on the Cloud Wars growth chart; Microsoft's growth is remarkable; and the GenAI Revolution continues to impact the top cloud vendors.
Cloud Wars
In this CEO Outlook interview highlight, Snowflake's Frank Slootman explains why businesspeople should be spared the technical complexity of AI so they can focus on its business benefits.
Cloud Wars
Snowflake CEO Frank Slootman describes how data and data cloud will have a significant impact on the future of application development.
Data Modernization
Discover our 5 data products to watch — from Couchbase, Gathr, Microsoft, Snowflake, and Teradata — and how they can support your company's AI strategy in 2024.
Cloud Wars
A discussion with Snowflake CEO Frank Slootman on data strategies and the transformative impact of AI for CEOs, business applications, and industries.
Cloud Wars Minute
Insights from Snowflake CEO Frank Slootman on the significant role of AI and data strategies in driving business innovation.
Cloud Wars
As technology and business strategies converge, the CEO Outlook 2024 series dives deep into insights from Cloud Wars Top 10 CEOs. Don't miss the exclusive interviews, starting with SAP's Christian Klein.
Cloud Wars
In the Cloud Wars Outlook 2024 series, CEOs from top companies including Google Cloud, Oracle, SAP, and more share insights on technology trends, culture, and strategic visions for the future.
Acceleration Economy Minute
SingleStore enables customers to build enterprise-ready generative AI applications without having to move data outside of their Snowflake environment.
Cloud Wars Minute
Snowflake CEO Frank Slootman recently discussed a shift in customer behavior, and the pivotal role of unstructured data in the GenAI revolution.
Cloud Wars
Snowflake, positioned at the forefront of the GenAI revolution, reports robust Q3 results, emphasizing data-centric GenAI strategies and a transformative focus on unstructured data.
Cloud Wars Minute
ServiceNow claims the top spot as the world's hottest cloud vendor with a remarkable 27% growth rate, outpacing all the other Cloud Wars Top 10 companies.
News
The Cloud Wars Top 10 companies, with a combined market cap exceeding $7 trillion, have experienced a range of performance in 2023, with CEOs including Microsoft's Satya Nadella and SAP's Christian Klein standing out.
Cloud Wars
Major enterprise vendors, Workday, Snowflake, and Salesforce, collectively reveal a robust fiscal-Q3 with strengthened customer spending, notable revenue surges, and strategic positioning.
Cloud Wars Minute
A look at Q3 earnings reports from major cloud companies (Workday, Snowflake, Salesforce), emphasizing the consistent surge in customer demand, while noting Salesforce's CEO, Marc Benioff, skillfully balances cautious language with optimistic insights about AI and enterprise technology trends
Cloud Wars
Customer demand for AI is so high that budget considerations are not a gating factor, according to Snowflake CEO Frank Slootman.
Cloud Wars Minute
In the latest Cloud Wars Minute, Oracle leads the hottest growth companies with a 30% growth rate, hitting $4.6 billion in cloud revenue.
Cloud Wars
Snowflake CEO Frank Slootman notes that business customers have shifted from extreme cost-cutting measures to a more confident outlook, resulting in improved spending on data technologies and cloud-based services.
Cloud Wars Minute
New partnership combines Snowflake's data warehousing platform with Nvidia's GPUs to help businesses build generative AI applications with their proprietary data.
Cloud Wars Minute
The Cloud Confidence Index uses market caps of top 10 cloud companies as a proxy for business leaders' confidence in their growth, reflecting customer demand and technology trends. The index is up slightly.
Cloud Wars
In this Cloud Wars Top 10 course segment on Snowflake, gain insight into the data cloud and app dev innovations that earned Snowflake a spot in the rankings.
Cloud Wars Minute
Bloomberg recently announced that its cloud-based data management solution is now driving a Snowflake-native app.
Cloud Wars
In the Acceleration Economy Cloud Wars Top 10 course, discover how companies, including Celonis, achieve Cloud Wars Horizon designation.
Cloud Wars
Get a preview of our Cloud Wars Top 10 course on how buying committees and C-level executives can use the cloud ranking to support purchase decisions.
Cloud Wars
Get a preview of our Cloud Wars Top 10 course, which helps buying committees and C-level execs support purchase decisions by understanding each company's innovations and differentiators.
Cloud Wars Minute
Snowflake and Microsoft are working together to optimize product integration, including support for generative AI in the Snowflake Data Cloud.
Cloud Wars
At Snowflake Summit, the Cloud Data leader details innovations in LLMs, generative AI, and app development functionality.
Cloud Wars Minute
Capital One just released its Slingshot solution, which aims to deliver on cost governance. Slingshot was built on Snowflake technology.
Cloud Wars
Over the last three months, the Cloud Confidence Index (overall) was up by 23.3% for a total market cap of $6.51 trillion. Bob Evans reports which companies stood out.
Cloud Wars Minute
In the last three months, the Cloud Confidence Index grew 23%. A few of the Cloud Wars Top 10 companies stood out, and Bob Evans explains why.
Cloud Wars
Bob Evans breaks down the latest changes to the Cloud Wars Top 10 ranking, in which ServiceNow, Workday, and Google Cloud moved up.
Cloud Wars Minute
In the latest Cloud Wars Top 10 ranking, ServiceNow and Workday have moved up, while Salesforce has dropped.
Cloud Wars
By partnering with Blue Yonder, Snowflake is moving into the supply chain applications business, CEO Frank Slootman says.
Cloud Wars Minute
Bob Evans evaluates Snowflake's move into the supply chain space as it partners with Blue Yonder for this "fantastic historical opportunity."
Cloud Wars
Bob Evans recaps the comments on generative AI given by Snowflake CEO Frank Slootman on the company's most recent earnings call.
Cloud Wars Minute
During the company's most recent earnings call, Snowflake CEO Frank Slootman expressed the company's desire to partake in the generative AI revolution.
CXO
This guidebook covers how the Cloud Wars Top 10 companies are utilizing their partners ecosystems as a source of innovation, expertise, and growth.
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Snowflake
Snowflake was founded in 2012 to be a new type of data-warehousing company, and in recent years it has become much more than that. While markedly smaller than every other company on the Cloud Wars Top 10—Snowflake will likely finish calendar 2021 with revenue of just over $1 billion, while the other 9 will have average cloud revenue for the year of $27 billion—Snowflake has triggered massive disruptions across the entire cloud industry. It has done so by creating a new paradigm—the data cloud—and using modern architecture to overcome many of the constraints that business users have faced in trying to unleash the full potential of their data. And the Snowflake wake of disruption has not been merely technological or theoretical: for its fiscal Q4 ending Jan. 31, Snowflake’s product revenue soared 117% to $178 million. On top of that, Snowflake’s RPO (remaining performance obligation) jumped an astonishing 213% in that same period, providing powerful evidence that there’s plenty of steep growth still to come. Among Snowflake’s various high-impact innovations are these three:– taking a data-centric view to create a new type of cloud-native architecture;
– recognizing that the sharing of external data needs to be made as simple, safe and secure as the sharing of internal data; and
– adding a concerted and company-wide focus on vertical-industry specialization so it can help drive not only IT modernizations but also large-scale business transformations.