Here are my key takeaways from Snowflake Summit, which took place in Vegas this week.
1/ Data has gravity: Snowflake is rapidly extending beyond being a data warehouse to become an analytical and business application platform. With the introduction of models-as-a-service, support for containers and a few other announcements, they are pushing for Snowflake to be THE place where you build data intensive applications, including those that use machine learning. I recently read that “data has gravity” and this makes a lot of sense. The prevailing emphasis seems to be bring your development to where the data is rather than the inverse.
2/ Healthy ecosystem: The Snowflake partner landscape continues to blossom and Peak are a key part of this. We sit amongst a mix of young, dynamic firms leveraging Snowflake’s infrastructure. The biggest areas of innovation in the vendor ecosystem are integrating LLMs into data applications as well as no-code tools for data transformation and data science.
3/ Buyers are maturing: Having adopted a cloud first strategy and with easy access to their data, the technology leaders I talked to from consumer businesses are ready for the next step to get value from their data. Gone are the days of obsessing over “big data” – now it’s about having the right data and figuring out how to use it to drive business value.