How much funding has Snowflake raised?

Snowflake funding information is not publicly available.

Snowflake Analysis

What is Snowflake?

AI Data Cloud for data collaboration and insights

Location

1233 W. 15th Street, Bozeman, Montana 59715, United States

Employees

5001-10000

Founded

2012

Customer Satisfaction

4.5

Deployment Type

Cloud

Implementation Complexity

Complex

Initial Price

$23.00

Ongoing Support Cost

$40 per TB per month

Product Features & Capabilities

Fully managed data platform for seamless data integration
Advanced analytics tools for real-time insights
AI capabilities for building and deploying machine learning models
Data engineering solutions for reliable data pipelines
Collaborative applications for sharing live data across organizations.

Other Considerations

Serves over 11,578 global customers; Trusted by 754 of the Forbes Global 2000 companies; Recognized for its innovative data cloud technology.

Companies Using Product

Amazon (https://www.amazon.com) Walmart (https://www.walmart.com) Exxon Mobil (https://www.exxonmobil.com) Apple (https://www.apple.com) CVS Health (https://www.cvshealth.com) Berkshire Hathaway (https://www.berkshirehathaway.com) UnitedHealth Group (https://www.unitedhealthgroup.com) McKesson (https://www.mckesson.com) AmerisourceBergen (https://www.amerisourcebergen.com) Chevron (https://www.chevron.com) Nissan (https://www.nissan-global.com) Met Office (https://www.metoffice.gov.uk) NYC Health + Hospitals (https://www.nyc.gov/site/hhs/index.page) Luminate (https://www.luminate.com) Siemens Energy (https://www.siemens-energy.com) VideoAmp (https://www.videoamp.com) Penske Logistics (https://www.penskelogistics.com)

Company Context --- Company Name: Snowflake; Company Website: https://www.snowflake.com/en/

Key Advantages

Scalability: Snowflake allows independent scaling of compute and storage resources, outperforming competitors like Amazon Redshift.
Multi-cloud architecture: It supports deployment across multiple cloud platforms (AWS, Azure, GCP), providing flexibility.
User-friendly interface: Snowflake is known for its intuitive interface, making it easy to start and use.
Efficient resource management: Features like auto-scaling and auto-suspend optimize resource usage.
Data marketplace: Snowflake offers a growing data marketplace for sharing and accessing data.

Market Position

Snowflake positions itself as a leading cloud-based data platform, primarily focusing on scalability, flexibility, and ease of use. Its unique architecture allows for the separation of compute and storage, enabling organizations to scale resources independently, which is a significant advantage over competitors like Amazon Redshift and Cloudera. Snowflake's platform is designed to support a wide range of data workloads, including data engineering, data warehousing, and analytics, making it suitable for various industries. The company emphasizes its commitment to innovation, particularly in AI and machine learning, which enhances its appeal to businesses looking to leverage data for competitive advantage. Additionally, Snowflake's multi-cloud capabilities allow it to operate seamlessly across major cloud platforms, further solidifying its market position.

Key Disadvantages

No on-premises deployment, limiting options for organizations needing on-prem solutions.
Unpredictable pricing model can lead to unexpected costs, especially with high data usage.
Relatively small user community compared to competitors, which may limit support and resources.
Higher operational costs for straightforward data needs.
Limited native support for processing large volumes of images or video files.
Performance bottlenecks with complex stored procedures compared to traditional databases.
Lacks advanced machine learning capabilities like automated model training and deployment.

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Databricks Competitors

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Platform Links

Official Website

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