Moves to accelerate digitization in the wake of coronavirus lockdowns are forcing businesses to manage a swelling tidal wave of data. Snowflake’s offering made its debut in 2015, giving customers the ability to dissociate storage and computing power. So now they’re on the three largest clouds.”Snowflake’s customers cite the software’s ability to streamline data-sharing, a plus when business data is housed in disparate systems. Brian Lu, a data product manager at DoorDash, also noted the software’s ability to make it easier to share data across different groups. The pandemic may have also played a role in Snowflake’s successful stock market debut, said IDC analyst Dan Vesset, partly because of the need to analyze business data more frequently.

Source: Wall Street Journal September 21, 2020 22:41 UTC