(SNOW) Snowflake Inc
April 13, 2022 at 11.06am
An American cloud-based data-warehousing company, Snowflake provides cloud data warehousing software internationally, as well as SQL data warehouse, zero management and broad ecosystem products. The company’s data lake stores unstructured and semistructured data that can then be used in analytics to create insights stored in its data warehouse, while through its platform, Snowflake enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data-driven applications and share data. Its data share capability allows businesses to easily buy and ingest data almost instantly compared to traditional processes that take months.
With its platform used by various organisation of different sizes and operating in a variety of industries, the company has over 3,000 customers with nearly 30% of them forming part of the Fortune 500 list, while it serves sectors such as the federal government, financial services, healthcare, media and entertainment, retail and consumer packaged goods (CPG), gaming, education and technology industries.