We believe in a data connected world where organizations have seamless access to explore, share, and unlock the value of data. To realize this vision, we are pioneering the Data Cloud, an ecosystem where Snowflake customers, partners, and data providers can break down data silos and derive value from rapidly growing data sets in secure, governed, and compliant ways.
Our Cloud Data Platform is the innovative technology that powers the Data Cloud. Our platform enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data-driven applications, and share data. We deliver our platform through a customer-centric, consumption-based business model, only charging customers for the resources they use.
Our platform solves the decades-old problem of data silos and data governance. Leveraging the elasticity and performance of the public cloud, our platform enables customers to unify and query data to support a wide variety of use cases. It also provides frictionless and governed data access so users can securely share data inside and outside of their organizations, generally without copying or moving the underlying data. As a result, customers can blend existing data with new data for broader context, augment data science efforts, or create new monetization streams. Delivered as a service, our platform requires near-zero maintenance, enabling customers to focus on deriving value from their data rather than managing infrastructure.
Our cloud-native architecture consists of three independently scalable layers across storage, compute, and cloud services.
|Address||450 Concar Drive, San Mateo, CA 94402, US|
|Phone Number||(844) 766-9355|
|Revenues||$402.7 mil (last 12 months)|
|Net Income||$-342.6 mil (last 12 months)|
|Price range||$120.00 - $120.00|
|Est. $ Volume||$3360.0 mil|
|Manager / Joint Managers||Goldman Sachs/ Morgan Stanley/ J.P. Morgan/ Allen & Company/ Citigroup|
|CO-Managers||Credit Suisse/ Barclays/ Deutsche Bank Securities/ Mizuho Securities/ Truist/ BTIG/ Canaccord Genuity/ Capital One Securities/ Cowen/ D.A. Davidson/ JMP Securities/ Oppenheimer/ Piper Sandler/ Stifel/ Academy Securities/ Loop Capital Markets/ Ramirez/ Siebert Williams Shank|
|Expected To Trade:||9/16/2020|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|