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Snowflake

www.snowflake.com
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Snowflake Overview


Company Snapshot

  • Cloud Revenue (as of 01/31/2023):$555M
  • Cloud Services:PaaS,IaaS
  • CEO:Frank Slootman
  • View Cloud Wars Analysis

Interested in Snowflake?

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Cloud Wars

Snowflake CEO Frank Slootman: Generative AI 'Will Bring Obsolescence to Entire Industries'

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

Snowflake's Frank Slootman: Generative AI Disruption, Obsolescence

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

Partners Ecosystem Guidebook

This guidebook covers how the Cloud Wars Top 10 companies are utilizing their partners ecosystems as a source of innovation, expertise, and growth.
Cloud Wars

Why Snowflake Selects Industry-Aligned Partners to Support Customer Use Cases

In this moment, Snowflake's Chief Revenue Officer Chris Degnan explains why industry-aligned partners are critical given Snowflake's industry verticals.
Cloud Wars

Snowflake Ecosystem: Customers Become Partners in 'Data Economy'

Bob Evans shares highlights from his one-on-one conversation with Snowflake's Chief Revenue Officer Chris Degnan.
Cloud Wars Minute

Snowflake Ecosystem: Driving Data Economy

Bob Evans shares highlights from his one-on-one conversation with Snowflake's Chief Revenue Officer, Chris Degnan about its ecosystem.
Cloud Wars

Snowflake's Chris Degnan: How Partners Help Customers Implement Data Clouds Faster

Bob Evans interviews Snowflake Chief Revenue Officer Chris Degnan as part of the lead up to the Partners Ecosystem digital event.
Cloud Wars

Snowflake CEO Slootman: 'We Focus on Outcomes We Can Control'

Snowflake has joined the large number of other major cloud providers in revising growth estimates downward, writes Bob Evans.
Cloud Wars Minute

Snowflake Growth for FY23 Hits 70%; Q1 Guidance Is 44.5%

Snowflake reported 70% growth in product revenue for FY23 and guidance for Q1 was 44.5%, explains Bob Evans in this episode.
Cloud Wars

Snowflake Reveals Future of the Cloud With Telecom Data Cloud

Bob Evans explains how Snowflake reveals the future of the cloud with its purpose-built, industry-specific Telecom Data Cloud.
Cloud Wars Minute

Snowflake: Manifest Destiny of Industry Clouds

Bob Evans describes how Snowflake is going full-force into the industry cloud business with the latest announcement around its Telecom Data Cloud.
Cloud Wars

CEO Frank Slootman Explains How the Snowflake Platform Has Evolved

Snowflake CEO Frank Slootman explains how the company has grown beyond data warehousing and how the platform market has evolved.
Cloud Wars

How Snowflake CEO Frank Slootman Approaches Organizational Change and Priorities

In this CEO Outlook moment, Snowflake CEO Frank Slootman explains how he approaches organizational change and setting priorities.
Cloud Wars

CEO Frank Slootman on Why Snowflake Increasingly Engages With Business Leaders

In this Cloud Wars CEO Outlook moment, Snowflake CEO Frank Slootman explains the shifting balance from IT to the line of business.
Cloud Wars Minute

CEO Outlook 2023: Highlights From the Snowflake CEO Frank Slootman Interview

In this Cloud Wars Minute, Bob Evans shares the salient points from his CEO Outlook Series conversation with Snowflake's CEO, Frank Slootman.
Cloud Wars

Cloud Wars CEO Outlook With Snowflake CEO Frank Slootman

Snowflake CEO Frank Slootman weighs in on his 2023 outlook, Snowflake's positioning with developers and business leaders, and protecting customers from the "wild west."
Cloud Wars

Snowflake CEO Frank Slootman: FOMO Fever Hits Data Cloud!

Snowflake is growing through adoption by big companies that have FOMO, or a fear of missing out, on the data cloud, explains Bob Evans.
Cloud Wars

Snowflake Extends Disruptive Behavior From Data Cloud to App Dev

Snowflake is leveraging its market-shaking data cloud innovations momentum into the red-hot applications-development space by helping customers deploy and monetize data-intensive applications directly into Snowflake's Data Cloud.
Cloud Wars Minute

Snowflake: Disruption, Part 2!

In this episode, Bob Evans highlights Snowflake's latest bold moves in the data cloud with application development.

Recent Articles


  • Snowflake CEO Frank Slootman: Generative AI 'Will Bring Obsolescence to Entire Industries'
  • Snowflake's Frank Slootman: Generative AI Disruption, Obsolescence
  • How Data Quality Leads to Effective Machine Learning (ML) Models in Cybersecurity

Book a Demo

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.

Snowflake’s cloud services

Being an entirely new type of cloud provider—the data cloud—Snowflake doesn’t follow the traditional IaaS-PaaS-SaaS categorization of most cloud vendors. Instead, Snowflake focuses intensely on make any type of cloud data accessible and manageable so that business users can reason over that data to drive new business insights. Snowflake’s promise is to help users “get the performance, flexibility, and near-infinite scalability to easily load, integrate, analyze, and securely share your data.” The company’s unique promise is that it can natively integrate storage, computing and services so that business users and their workloads can access a single, consistent copy of your data so that the organization has a single version of truth. And Snowflake further promises to achieve those results without reducing performance. Snowflake also says its data-management solutions allow it to be a single source for any type of service a customer might need: data warehousing, data lakes, data engineering, data science, data application development, and for securely sharing and consuming shared data.

Why Snowflake has earned a spot in the Cloud Wars Top 10

One of the key criteria for being on the Cloud Wars Top 10 is ambition: dreaming big dreams, seeing what others don’t see and turning those visions into reality. What Snowflake (at least for now) might lack in relative revenue volume, it more than makes up for in bold and customer-centric ambition. The company’s disruptive impact, surging growth rates and strategic leapfrogging of far larger and more deeply entrenched competitors give Snowflake full credibility for inclusion among the world’s most-influential cloud providers.
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