Company Cited as a Strong Performer by Independent Research Firm
SAN MATEO, CA--(Marketwired - Dec 16, 2015) - Snowflake Computing, the cloud data warehousing company, concluded 2015 with tremendous growth, customer momentum and accelerating adoption of its cloud-based elastic data warehouse. Additionally, Snowflake has been named a Strong Performer in "The Forrester Wave™: Enterprise Data Warehouse, Q4 2015" report by Forrester Research, Inc. Snowflake was among the select companies invited to participate in the independent report, which evaluated the 10 most significant Enterprise Data Warehouse software and service providers across 31 criteria. Forrester noted Snowflake for "offering a highly automated platform that makes loading, unloading, and administration simpler."
The recognition tops off a momentous year of significant milestones and tremendous growth for Snowflake. Some of these achievements include a new round of funding to propel company growth and company expansion, general availability of its Snowflake Elastic Data Warehouse™, new executive hires to accelerate and support the company's development, numerous industry accolades and rapid customer adoption.
The growing interest in cloud infrastructure and increasing need for a dramatically superior solution than current software services validates Snowflake's market opportunity. This attention towards the cloud requires traditional IT to reexamine its data warehousing technology. Snowflake has zeroed in on this opportunity - developing a completely new elastic data warehouse specifically for the cloud that is low-cost and scalable, going beyond the limits of today's traditional data warehouses and big data platforms.
2015 Corporate and Product Milestones
"This past year was transformative for Snowflake and for customers who are struggling to find answers to their data challenges. Effective analysis of data is a business imperative but existing solutions are inadequate. Customers are demanding a different approach and Snowflake's unique Elastic Data Warehouse is the only solution that can solve today's complex data challenges using broadly available skills and at a reasonable cost." said Bob Muglia, CEO of Snowflake. "Moving forward, we will continue to focus on the delivery of our turnkey service that can analyze petabytes of data using the tools people know and love at a fraction of the cost and complexity of other products. The era of Data Warehousing as a cloud service has arrived and Snowflake is making it happen."
Snowflake Resources
About Snowflake
Snowflake Computing, the cloud data warehousing company, was founded in 2012 by a team of experts who hold over 120 patents in the fields of database architecture, data warehouses, query optimization and parallelization. Snowflake was created with the vision to reinvent the data warehouse, bringing together all users, all data and all workloads in a single repository. The company is backed by leading investors including Redpoint Ventures, Sutter Hill Ventures and Wing Ventures. Snowflake is headquartered in Silicon Valley and can be found online at www.snowflake.net.
Contact Information:
Media Contact
Danielle Salvato-Earl
Kulesa Faul for Snowflake Computing
(650) 922-7287