SAN MATEO, CA — (Marketwired) — 01/12/17 — , the , today announced another year of record growth in 2016 as it continues to beat enterprise data warehouse and big data vendors by supplying the best technology and the best architecture at the best price. Snowflake increased its customer base by 90 percent and executed nearly two billion customer queries, totaling more than one million hours of cloud processing time. All of this performance happened at speeds and with an ease of use that transformed the customer experience when compared to all other data warehouses.
In addition, customer data storage in Snowflake surged by over 300 percent in 2016, with multiple customers storing more than one petabyte of data and still experiencing the fastest and most affordable data warehouse on the market. All of Snowflake–s innovation and success in 2016 culminated in December, when Snowflake was ranked the #1 cloud data warehouse, beating all of the largest data warehouse vendors in the market across six product attributes.
“We–ve made major strides in 2016 to deliver on our promise of providing the most powerful, affordable, accessible and flexible cloud-build data warehouse for enterprises big and small,” Snowflake CEO, Bob Muglia said. “Through significant product developments, partnerships and programs, and further building our world-class team, we–ve done just that. We continue to knock down the technology, access and cost barriers to storing all of your data in one location for fast, affordable and limitless data analytics. At the end of the day, nothing should stop you from being a data-driven enterprise.”
Competitive momentum
Beat competitors, including Google BigQuery, Teradata, IBM dashDB, HPE Vertica, Microsoft Azure SQL, SAP HANA and Oracle Exadata, to take the top spot in Gigaom Research–s : “Sector Roadmap: Cloud Analytic Databases 2017.”
Reduced cloud storage pricing by to make Snowflake the most affordable data warehouse available. Promised continued price reductions to match S3 pricing from Amazon Web Services, Snowflake–s cloud storage provider. Organizations of all sizes no longer have a cost barrier to storing all of their data in one location.
Product innovation
Announced enterprise-grade , including support for HIPAA compliance and federated authentication to deliver a new standard in built-in security for data platforms.
Issued to eliminate the manual and administrative overhead and complexity associated with managing and protecting data warehouses for multi-structured big data. These features include automatic concurrency scaling, results caching, time travel, and adaptive data management.
Customer acquisition
Acquired new customers from a variety of industries including HotelTonight, PDX, Rue La La, Telltale Games and University of Notre Dame.
Announced , a fast and simple sign-up process for data users of any type to have easy access to the most affordable and effective data warehouse. Available since November, Snowflake On Demand has dramatically increased the pace at which customers sign up and start using Snowflake.
Established of Snowflake in the EU (Frankfurt) region to address European customer demand.
Ecosystem expansion
Expanded partner ecosystem with the announcement of Snowflake–s .
Added several new strategic partnerships with , , , and .
Developed optimized and certified connectors for a broad array of tools including , Node.js and Python, expanding Snowflake–s integration into the larger data and analytics ecosystem.
Achieved partner status through proven customer success and technology proficiency.
Corporate momentum
Received leading industry accolades and recognition including the , CRN–s and , and the San Francisco Business Times– –.– Snowflake–s CEO, Bob Muglia, was also named to list of 2016 and to list for 2016.
Added key executives including , chief marketing officer; , vice president of engineering; and , chief legal officer. Snowflake also welcomed and as new board members.
Snowflake–s momentum demonstrates the growing realization among enterprises that traditional data warehousing solutions, on-premises and cloud, are obstacles to becoming data-driven organizations. Frustrated by the challenges of outdated technology, businesses are shifting to Snowflake to acquire the best architecture, technology, service and price.
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Snowflake Computing is the only data warehouse built for the cloud. Snowflake delivers the performance, concurrency and simplicity needed to store and analyze all of an organization–s data in one location. Snowflake–s technology combines the power of data warehousing, the flexibility of big data platforms and the elasticity of the cloud at a fraction of the cost of traditional solutions. Snowflake: Your data, no limits. Find out more at .
Eszter Szikora
Snowflake Computing
(408) 666-5694
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