Three main pressure points are transforming the modern data landscape: 1) Increased interest in adopting open table formats to allow any compute to operate on any data; 2) The point of control is ...
The past few months have highlighted that the battle between Snowflake Inc. and Databricks Inc. is as hot as ever. The two companies have different philosophies. But there’s no question that ...
ClickHouse database is open-sourced, and it makes money by selling managed cloud services, which saw annual recurring revenue ...
Well-funded software maker Databricks, a rival of SnowflakeSNOW, released new financial data on Wednesday, saying it expects to generate $3.7 billion in annualized revenue by July, a growth rate of 50 ...
Enterprise data infrastructure proves resilient as Snowflake's 32% growth defies tech slowdown fears
Just days after Gartner's stock plummeted 50% on warnings of slowing enterprise technology purchases, Snowflake delivered a resounding counter-narrative. Enterprises aren't pulling back on data ...
Snowflake rival Databricks on Wednesday acquired database startup Neon in a $1 billion deal as the software companies battle in the enterprise market and companies ramp up artificial intelligence ...
Snowflake's recent quarterly results show slowing revenue growth but strong forward-looking indicators, including a net revenue retention rate of 127% and significant free cash flow. The company is ...
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