Snowflake Inc. Class A Common Stock (SNOW)

Frequently Asked Questions About Snowflake Inc. Class A Common Stock (SNOW)

How does Snowflake handle data governance?

Snowflake incorporates comprehensive data governance features into its platform, allowing organizations to manage user access, monitor data usage, and enforce compliance policies effectively. Administrators can set fine-grained access controls and monitor data activities, ensuring that data remains secure and compliant with regulatory requirements.

How does Snowflake support data collaboration?

Snowflake enables data collaboration through its secure data sharing capabilities. Organizations can share live data with partners, customers, and internal teams without the need for complex data pipelines or data duplication. This real-time sharing fosters collaboration and accelerates insights across different stakeholders.

How does Snowflake support data science and machine learning?

Snowflake supports data science and machine learning initiatives through integrations with popular data science tools and libraries. It allows data scientists to access vast amounts of data quickly and efficiently, facilitating the model training process. Additionally, Snowflake's ability to handle varied data types and perform complex queries makes it a robust platform for running machine learning algorithms.

How does Snowflake’s pricing model work?

Snowflake employs a consumption-based pricing model, meaning customers pay for the resources they actually use rather than a fixed fee. Pricing is based on the amount of data stored, the computing power utilized, and the duration of data processing. This model allows organizations to scale up or down based on their needs and ensures cost efficiency.

How has Snowflake performed financially since its IPO?

Since its IPO, Snowflake has demonstrated significant revenue growth and customer expansion, reporting substantial annual recurring revenue increases. The company continues to invest in product development and global expansion, attracting more enterprise clients and enhancing its market presence. Snowflake's financial performance reflects strong demand for its services in the rapidly growing cloud data market.

What are some success stories of companies using Snowflake?

Numerous companies across various industries have achieved significant success using Snowflake's data platform. For instance, companies like Netflix and DoorDash have leveraged Snowflake for data analytics that enhance customer experience and improve operational efficiency. These successes highlight Snowflake's effectiveness in enabling organizations to harness data for strategic gain.

What are the key features of Snowflake's platform?

Snowflake's platform features include seamless data storage, powerful data processing, advanced data sharing, and robust security measures. Its multi-cloud architecture allows users to choose where they want to store their data across cloud providers like AWS, Azure, and Google Cloud. Additionally, features like automatic scaling, zero-copy cloning, and integrated data science tools enhance its utility for diverse business needs.

What community resources does Snowflake offer to developers?

Snowflake provides a range of community resources for developers, including comprehensive documentation, user forums, and a community site for sharing best practices and insights. Additionally, Snowflake hosts webinars, tutorials, and online events to educate users about its platform capabilities and to foster a collaborative environment among data professionals.

What does Snowflake Inc. do?

Snowflake Inc. is a cloud-based data-warehousing company that provides a platform for data storage, processing, and analytics. Its architecture allows organizations to consolidate data from various sources into a singular platform, enabling seamless data sharing and analytics. Snowflake allows customers to build data pipelines, run SQL queries, and generate insights in real-time, all while benefiting from the scalability and performance of cloud infrastructure.

What industries primarily use Snowflake?

Snowflake's technology is employed across a variety of industries, including finance, healthcare, retail, technology, and telecommunications. Organizations in these sectors leverage Snowflake's capabilities for data analytics, business intelligence, and decision-making processes. Its flexibility makes it suitable for any organization needing robust data solutions.

What initiatives does Snowflake undertake for sustainability?

Snowflake is committed to sustainability and has incorporated environmentally friendly practices into its operations. The company has a goal to achieve carbon neutrality and is focused on minimizing its carbon footprint by using energy-efficient data centers and promoting efficient data usage among its clients. Snowflake’s sustainability initiatives align with its mission to create a positive impact on the environment while supporting data-driven decision-making.

What is Snowflake's approach to data security?

Snowflake takes data security seriously and implements a variety of measures to protect customer data. These measures include robust encryption both at rest and in transit, access controls, and compliance with industry standards such as GDPR, HIPAA, and CCPA. The company continuously updates its security practices to safeguard against emerging threats.

What is Snowflake's vision for the future?

Snowflake's vision for the future is to empower every organization to be data-driven by democratizing access to data. The company aims to continue innovating its platform and enhancing its capabilities, making it easier for businesses to utilize their data, derive insights, and drive growth. By focusing on scalability, performance, and ease of use, Snowflake seeks to expand its influence in the cloud data market.

What is the role of a Snowflake Data Cloud?

The Snowflake Data Cloud serves as a unified platform for data storage, analytics, and sharing, allowing organizations to manage their data workflows efficiently. It allows users to access diverse datasets from disparate sources in a single environment, facilitating better data insights and decision-making across the organization.

What is the significance of Snowflake's IPO?

Snowflake went public on September 16, 2020, in one of the largest software IPOs in history, raising nearly $3.4 billion. The successful IPO highlighted the growing demand for cloud-based data solutions and established Snowflake as a leader in the space. The increased visibility and funds from the IPO have enabled Snowflake to invest further in innovation and market expansion.

What technologies does Snowflake integrate with?

Snowflake integrates with various technologies and platforms, including business intelligence tools like Tableau and Looker, data integration tools like Fivetran and Talend, and data science platforms like DataRobot. This enables organizations to utilize their existing workflows and tools while harnessing Snowflake's capabilities for data analytics and storage.

When was Snowflake Inc. founded?

Snowflake Inc. was founded in 2012 by Benoit Dageville, Thierry Cruanes, and Marcin Zukowski. The company started with a vision to revolutionize data warehousing by leveraging the capabilities of cloud computing. Since its inception, Snowflake has grown rapidly and has become one of the leading players in the cloud data platform market.

Where is Snowflake Inc. headquartered?

Snowflake Inc. is headquartered in Bozeman, Montana. However, the company operates globally, with offices in various countries, reflecting its international client base. The Bozeman location is part of the company's strategy to attract and retain talent from both urban and rural areas.

Who are Snowflake Inc.'s primary competitors?

Snowflake competes with various companies in the data warehousing and analytics space. Its main competitors include traditional data warehousing providers like Oracle and IBM, as well as cloud-native companies like Amazon Redshift, Google BigQuery, and Microsoft Azure Synapse Analytics. Each competitor brings unique strengths, but Snowflake differentiates itself with its multi-cloud approach and ease of use.

What is the current price of Snowflake Inc. Class A Common Stock?

The current price of Snowflake Inc. Class A Common Stock is 130.53

When was Snowflake Inc. Class A Common Stock last traded?

The last trade of Snowflake Inc. Class A Common Stock was at 7:00 pm EDT on April 4th, 2025

What is the market capitalization of Snowflake Inc. Class A Common Stock?

The market capitalization of Snowflake Inc. Class A Common Stock is 43.61B

How many shares of Snowflake Inc. Class A Common Stock are outstanding?

Snowflake Inc. Class A Common Stock has 334.10M shares outstanding.