Business Idea
competitors.comparison.backToList
Snowflake Inc. logo

Snowflake Inc.

Tier 1
tech
cloud
https://www.snowflake.com/

Snowflake provides a cloud-based data platform that enables data warehousing, data lake, and data sharing solutions.

Snowflake Inc. is a data cloud company specializing in cloud-based data warehousing services. Its platform allows businesses to consolidate data from disparate sources, run complex analytics, and boost data-driven decision-making across industries. Snowflake’s multi-cluster shared data architecture is recognized for performance, scalability, and secure data collaboration.

competitors.competitorDetail.metrics.missionStatement

Mobilize the world’s data.

competitors.competitorDetail.metrics.visionStatement

To enable every organization to be data-driven by providing a platform for seamless, scalable data collaboration.

competitors.competitorDetail.overview

competitors.competitorDetail.metrics.foundedYear

2012

competitors.competitorDetail.metrics.ceo

Frank Slootman

competitors.competitorDetail.metrics.employees

6,300+

competitors.competitorDetail.metrics.revenue

$2B+

competitors.competitorDetail.metrics.headquarters

106 East Babcock Street, Suite 3A, Bozeman, MT 59715, USA

competitors.competitorDetail.metrics.marketShare

Rapidly growing share in global cloud data warehousing; competitive with BigQuery and Redshift.

competitors.competitorDetail.metrics.usp

Offers elastic, scalable, and secure multi-cloud data platform built exclusively for the cloud.

competitors.competitorDetail.metrics.pricingModel

Pay-as-you-go per consumption (storage, compute, data transfer); tiered enterprise plans available

competitors.competitorDetail.metrics.productLines
  • Snowflake Data Cloud
  • Snowflake Data Marketplace
  • Snowpark (Developer Platform)
  • Snowflake Secure Data Sharing
competitors.competitorDetail.metrics.technologyStack
  • AWS
  • Microsoft Azure
  • Google Cloud Platform
  • Java
  • C++
  • Python

competitors.competitorDetail.metrics.marketPositioning

Premium and innovative provider in cloud data infrastructure, focused on performance, scalability, and simple collaboration.

competitors.competitorDetail.metrics.keyCustomerSegments
  • Fortune 500 enterprises
  • Data engineering and science teams
  • Financial institutions
  • Healthcare providers
competitors.competitorDetail.metrics.distributionChannels
  • Direct sales
  • Cloud marketplace (AWS Marketplace, Azure Marketplace, GCP Marketplace)
  • Channel partners
competitors.competitorDetail.metrics.marketingStrategies
  • Thought leadership (whitepapers, events)
  • Webinars and virtual conferences
  • Content marketing
  • Partner marketing with cloud providers
  • Customer success stories
competitors.competitorDetail.metrics.keyPartnerships
  • Amazon Web Services (Cloud Integration)
  • Microsoft Azure (Cloud Integration)
  • Google Cloud (Cloud Integration)
  • Tableau (Data Visualization Partner)

  • Data Warehousing
  • Data Lake
  • Secure Data Sharing
  • Data Marketplace
  • Native Support for Structured and Semi-Structured Data

competitors.competitorDetail.metrics.strengths
  • Cloud-native architecture
  • Highly scalable performance
  • Seamless data sharing
  • Strong security and governance features
  • Extensive partner ecosystem
competitors.competitorDetail.metrics.weaknesses
  • Higher total cost for large-scale deployments
  • Some customers note a learning curve for advanced features
  • Limited functionality for on-premises integration
competitors.competitorDetail.metrics.opportunities
  • Expanding into new geographies
  • Vertical product enhancements (e.g., financial services, healthcare)
  • AI and ML analytics integrations
competitors.competitorDetail.metrics.threats
  • Intensifying competition from cloud giants (AWS, Google, Microsoft)
  • Fast-changing data privacy regulations
  • Potential for customer cloud-provider lock-in
competitors.competitorDetail.financials

competitors.competitorDetail.metrics.growthRateYOY

70%

competitors.competitorDetail.metrics.profitMargin

Negative (high growth, reinvestment phase)

competitors.competitorDetail.metrics.customerAcquisitionCost

$25,000+ (enterprise average)

competitors.competitorDetail.metrics.customerLifetimeValue

$150,000+

competitors.competitorDetail.metrics.churnRate

5-6% (estimated enterprise clients)

competitors.competitorDetail.metrics.fundingRounds
competitors.competitorDetail.metrics.fundingStagecompetitors.competitorDetail.metrics.fundingAmountcompetitors.competitorDetail.metrics.fundingDate
Series A$26M2012-10-01
Series B$45M2014-10-16
Series C$80M2015-06-23
Series D$100M2017-01-23
Series E$263M2018-10-04
Series F$479M2020-02-10
competitors.competitorDetail.metrics.companyCultureHighlights
  • Performance-driven
  • Transparent leadership
  • Diversity and inclusion focus
  • Remote-first flexibility
  • Robust employee training programs
competitors.competitorDetail.metrics.awardsAndRecognition
  • Forbes Cloud 100 (2023) - Forbes
  • Gartner Magic Quadrant for Cloud DBMS (2023) - Gartner
  • Best Places to Work (2022) - Glassdoor
competitors.competitorDetail.metrics.customerReviewsSummary
competitors.competitorDetail.reviews.titlecompetitors.competitorDetail.reviews.ratingcompetitors.competitorDetail.reviews.viewAll
G2 4.5/5600
Capterra 4.7/5480
competitors.competitorDetail.metrics.recentNews
competitors.competitorDetail.news.titlecompetitors.competitorDetail.news.publishedOncompetitors.competitorDetail.news.readMore
Snowflake Unveils New AI-Powered Data Tools at Summit 20242024-06-05TechCrunch
Snowflake Partners with Nvidia to Accelerate Enterprise AI2024-05-25VentureBeat
competitors.competitorDetail.metrics.socialMedia