Snowflake Inc (SNOW) Sector
Information Technology

(Current) $154.70
23.44 (17.86%) Open Price: 130.24

Snowflake Inc is a cloud-based data warehousing company that was founded in 2012 by three experts in the field of data management: Benoit Dageville, Thierry Cruanes, and Marcin Zukowski. The company is headquartered in San Mateo, California, USA. Snowflake provides a data platform that allows businesses to store, manage, and analyze large volumes of data in real-time, helping organizations make data-driven decisions.

The company's primary product is the Snowflake Data Cloud, which is a fully-managed and scalable data warehouse platform. It allows organizations to store and analyze data from multiple sources, including structured and semi-structured data, in a single location. The platform is built on top of cloud infrastructure, providing high-performance and cost-effective data processing capabilities.

Snowflake's architecture is designed to be cloud-native, enabling automatic scaling and on-demand resource provisioning. This flexibility allows businesses to adapt to changing data requirements without the need for extensive infrastructure management. Snowflake also offers features like data sharing and secure data collaboration, making it easier for organizations to share data with partners, customers, and other stakeholders.

Snowflake's customer base includes a wide range of industries, from technology and finance to healthcare and retail. It caters to organizations of all sizes, from startups to large enterprises. Some of its well-known customers include Capital One, DoorDash, Netflix, and Airbnb.

As data becomes increasingly crucial for businesses, Snowflake has positioned itself as a leading player in the data warehousing and analytics space. Its innovative platform and focus on cloud-based solutions have driven its rapid growth and success in the competitive technology market.

(11/19/24) $130.24
(11/21/24) $131.26
(11/21/24) (Qty.)15,536,872
(11/19/24) $126.36
(11/19/24) $130.34
(11/03/24) $113.23
(11/10/24) $134.59
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