Snowflake is an AWS partner that offers software solutions and has gained expertise in data analysis, machine learning, and retail. To reduce its reliance on AWS, Snowflake also uses cloud services from Microsoft and Google. However, AWS is still by far the biggest provider of Snowflake, which could be a cause for concern for investors who have seen Amazon use its pricing power in its dominant business and consumer businesses to eliminate competition. This creates an interesting dynamic.
Snowflake only runs in the cloud, and it runs on AWS, Azure, and GCP. All cloud providers want their data to enter their database and are pushing hard on customers to use their captive services. At the same time, they need ISVs like Snowflake to operate in their clouds, as it sells infrastructure services, expands customer options, and evolves the ecosystem.The seven-year relationship between Snowflake and AWS hasn't always been easy for either party or their joint partners. Discover how Snagajob benefits from having a single source of data for all its data, increasing the speed of queries three times and scaling on-demand computing with Snowflake.
Beyond the breadth and depth of its integrations with AWS, Snowflake has become one of AWS's main partners in terms of market share and number of joint customers, from health services company Anthem to global shipping and mailing company Pitney Bowes and financial services provider Western Union.Learn how Instacart redesigned its catalog data processing channel to use Snowflake, the data warehouse built for the cloud. Sure they'll have cloud offerings, but Snowflake will make it one of its top priorities and must be the best at it. According to Farrall, this reach has become commonplace, especially between six months and a year, and Deloitte, AWS, and Snowflake now have a joint marketing initiative with a dozen customers prioritized in cases where such an architecture exists.Snowflake now has more than 20 horizontal product integrations with AWS, the largest number among its cloud provider partners. And here's another example from The Information in which it is reported that Microsoft, another Snowflake cloud partner, is increasing pressure on Snowflake.
We showed that there are 96 shared N answers for Snowflake and 213 for Redshift in the N of 672 AWS accounts. It will be essential to check in the June ETR survey, which is already underway, whether Snowflake is able to keep these new accounts.To increase its gross margin or the percentage of revenue that remains after subtracting the cost of goods sold, Snowflake's sales have to grow faster than its costs in the cloud. We show slices from Snowflake and Microsoft for analytical databases with 83 and 393 shared N answers respectively. Once again, Snowflake wins by a significant margin depending on the net score or spending boost with 77.6% compared to Google with 54%.
In July according to Snowflake's IPO prospectus people made an average of 507 million queries per day on the software compared to 254 million the previous year.Learn how ARC eliminated problems related to local data storage by migrating different workloads to Snowflake, the leading cloud data platform with the help of Slalom. Snowflake offers the data cloud with AWS Government Solutions a global network in which thousands of organizations mobilize data with almost unlimited scale concurrency and performance.