Snowflake Inc. is a cloud-based data-warehousing company that was founded in 2012. The company raised $26 million before coming out of stealth and an additional $45 million was announced in June 2015. Securely access live and governed data sets in real time, without the risk and hassle of copying and moving stale data. A cloud data platform enables near real-time campaign analytics, enriches third-party data, and increases the productivity of analytics teams, all while keeping customer data secure and enabling compliance with GDPR and other regulations. Legacy database tasks, such as building, indexing, and managing partitioning schemes, become a thing of the past. Snowflake was listed as No. Snowflake makes modern data warehousing effective, affordable, and accessible to all data users within the organization. Provide the account name (which is the full hostname of the Snowflake instance) and the Virtual Data Warehouse (the compute cluster). Improve data access, performance, and security with a modern data lake strategy . Helpâ icon at the top right corner. Simplify developing data-intensive applications that scale cost-effectively, and consistently deliver fast analytics, Share and collaborate on live data across your business ecosystem. It is faster, easier to use, and far more flexible than traditional data warehouse offerings and data warehouse architectures. using software as a service and provides support for various modern BI and data integration tools such as powerBI while using the traditional SQL engine database.We can focus on ⦠A data lakehouse is a data solution concept that combines elements of the data warehouse with those of the data lake. As a Snowflake customer, easily and securely access data from potentially thousands of data providers that comprise the ecosystem of the Data Cloud. Snowflake is our customersâ solution for data warehousing, data lakes, data engineering, data science, data application development, and for securely sharing and consuming shared data. Dageville and Cruanes previously worked as data architects at Oracle Corporation; Zukowski was a co-founder of the Dutch start-up Vectorwise. Click on the Warehouses icon at the top of the screen in Snowflake. It is a â? Snowflake provided a modern data warehouse solutions which is- Storing data on the cloud i.e. Better Customer Experiences with Data Analytics. The company's first CEO was Mike Speiser, a venture capitalist at Sutter Hill Ventures. Snowflake can be used to host a Data Warehouse in the cloud of any scale for analysis of various data from different sources. Snowflake enables the data-driven enterprise with instant elasticity, secure data sharing, and per-second pricing. NOTE: Metrics are collected via queries to Snowflake. Snowflake is a fully-managed service thatâs simple to use but can power a near-unlimited number of concurrent workloads. Snowflake was identified as a "Cool Vendor" in Gartner's Magic Quadrant and won first place at the 2015 Strata + Hadoop World startup competition. Data Science. In May 2019, Frank Slootman joined Snowflake as its new CEO. [7] In October 2019, Slootman said in a London press conference that Snowflake might pursue an initial public offering as early as the summer of 2020, but this got pushed back due to various factors. Trusted by fast growing software companies, Snowflake handles all the infrastructure complexity, so you can focus on innovating your own application. Gain 360° customer views, create relevant offers, and produce much higher marketing ROI. Snowflake uses a central data repository for persisted data accessible from all compute nodes in the data warehouse. Find the training your team needs to be successful with Snowflake's cloud data platform. Read other ebooks, view webinars, and get the scoop on upcoming events. Although not intended as a Snowflake data warehouse tutorial, this article will explain what is Snowflake, which platforms does Snowflake support, and the key aspects of this ground breaking technology. Snowflake data warehouse configuration dialog. From structured to semi-structured data, Snowflake easily loads all your data types. This brought its open price to $245. We challenge ourselves at Snowflake to rethink whatâs possible for a cloud data platform and deliver on that. Before going public, it has raised more than $1.4 billion in venture capital, and is based in San Mateo, California. ⦠[4] It was announced on February 7, 2020 that the company had raised another $479 million, increasing its valuation to $12.4 billion. [27], "With huge new $450M funding round, Snowflake Computing has now raised almost $1 billion", "Snowflake offers cloud data warehouse as a service, cheaply", "Longtime Microsoft Executive Opens Cloud Database Start-Up", "Snowflake raises $450 million in another VC round, valued at $3.5 billion", "Snowflake Takes Aim at Amazon, Hadoop With New Data Service", "Snowflake's cloud data warehouse comes to Microsoft Azure", "Announcing Snowflake on Google Cloud Platform", "Snowflake Announces Data Exchange to Break Down Data Barriers", "You're never too old to excel: How Snowflake thrives with 'dinosaur' cofounders and a 60-year-old CEO", "Former Oracle engineers, ex-Microsoft exec reinvent data warehouses", "Big Data Startup Snowflake Raises $45 Million, Launches First Product", "Snowflake Announces General Availability of their Cloud Data Warehouse Offering", "LinkedIn Top Startups 2019: The 50 hottest U.S. companies to work for now", "After $479M round on $12.4B valuation, Snowflake CEO says IPO is next step", "Snowflake shares more than double. Like all data warehouses, EDWs collect and aggregate data from multiple sources, acting as a repository for most or all organizational data to facilitate broad access and analysis. Learn What is Snowflake Cloud Data Warehouse and its architecture. In the following Snowflake Schema example, ⦠It has raised more than $1.4 billion in venture capital, and is based in San Mateo, California. Snowflake is an analytic data warehouse available to customers as Saas or Daas. With Snowflake, every virtual data warehouse is able to access the same storage layer without competing with other warehouses for resources, which means data can be loaded and ⦠From this point on, weâll assume you know what Snowflake is and are ready to dive right in. Snowflake is a purpose-built SQL cloud data platform that has grown at a nearly unprecedented rate since launching in 2014; Okta Inc.âs 2020 Businesses @ Work report found that Snowflake was the worldâs fastest-growing app. Snowflake was first available on Amazon Web Services (AWS), and is a software as a service platform to load, analyse and report on massive data volumes. You should have access to a Snowflake instance and should be able to run ⦠Itâs faster, easier to use, and offers more flexibility than traditional data warehouse offerings. Also engage data service providers to complete your data strategy and obtain the deepest, data-driven insights possible. Youâll also find contact information in case you want to get in touch with Snowflake or try Snowflake for free as your cloud data lake or for another business need. Snowflake was first available on Amazon Web Services (AWS), and is a software as a service platform to load, analyse and report on massive data ⦠[26], On their IPO debut, the company was the highest valued software IPO ever and at the end of the day they were valued more than General Motors, Dell, and Uber. Accelerate your analytics with the data platform built to enable the modern cloud data warehouse. [21][22] A further $100 million was raised in April 2017. [18][19][20], Snowflake's main venture-capital backers include Sutter Hill Ventures, Sequoia Capital, Redpoint Ventures, Iconiq and Wing Venture Capital. Kixeye: Democratizing their Data Warehouse with Snowflake. 2 on Forbes magazine's Cloud 100 list [15] in 2019, and was ranked No. Migrating 500 Tb of data from a Legacy Data Warehouse to Snowflake. Snowflake is a SQL data warehouse built from the ground up for the cloud and designed with a patented new architecture to handle todayâs and tomorrowâs data and analytics. A Snowflake data warehouse consists of at least one compute cluster that is provisioned by the cloud provider of your choice and is used to execute queries, load data, and perform other DML operations. It was publicly launched by Bob Muglia in 2014 after two years in stealth mode.. Snowflake offers a cloud-based data storage and analytics service, generally termed "data warehouse-as-a-service". Snowflake is a SaaS-analytic data warehouse and runs completely on cloud infrastructure. The IPO price range was between $100 to $110 a share, having increased from the initial price range of $75 to $85. Simple, reliable data pipelines in the language of your choice, Access, performance, and security for your data lake, Analytics at scale on all your data with zero administration, Simple data preparation for modeling with your framework of choice, Build data-intensive applications without operational burden, One Platform Snowflake on AWS. ⦠Many Workloads, Virtually Unlimited You can enable virtually all your users and data workloads to access a single copy of your data without impacting performance. A Snowflake Schema is an extension of a Star Schema, and it adds additional dimensions. If you need to load data from a variety of different sources, you could use a data integration platform like Access third-party data to provide deeper insights to your organization, and get your own data from SaaS vendors you already work with, directly into your Snowflake account. Collaborate securely across your business ecosystem. Bring all of your data into Snowflakeâs cloud-built data warehouse to achieve a single source of truth for a fraction of the cost of alternative cloud and on-premise solutions. Back on the StreamSets Data Collector interface, click Start in the upper right. It's the biggest software IPO ever", "Snowflake IPO surge makes it the priciest tech stock by a mile", "This big data startup is as unique as a snowflake", "With $26M, Snowflake Computing is hoping its take on data warehousing will hit the mainstream", "Snowflake Computing raises $100 million to expand cloud data warehouse footprint", "Cloud data warehouse startup Snowflake raises $100 million led by Iconiq", "Snowflake lands massive $263 million investment on unicorn valuation", "Snowflake, JFrog IPO: Software stocks soar in market debut", "Snowflake CEO: Doubling of stock price after IPO reflects 'frothy' market", https://en.wikipedia.org/w/index.php?title=Snowflake_Inc.&oldid=992904153, Technology companies based in the San Francisco Bay Area, Information technology companies of the United States, Companies listed on the New York Stock Exchange, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License, Benoit Dageville, Thierry Cruanes and Marcin Zukowski, Frank Slootman, Chairman and CEO; Benoit Dageville, President, Product; Thierry Cruanes, CTO; Marcin Zukowski, Co-Founder, This page was last edited on 7 December 2020, at 18:51. 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