1. Do you pay for the services which provided the charts in your deep dive? or are they free? ex. Prescient & Strategic Intelligence, Public Comps, MarketsandMarkets...
2. What services do you recommend using their paid version?
3. Any recommendations on the process of creating a deep dive?
Do you have any thoughts on Snowflake's sales tactic, particularly the credit system they employ. For example, I know a customer of Snowflake who purchased $100K worth of credits thinking it would be sufficient for 2 years...but at the end of year 1, they had only used $30K of credits, so for the next 2years they're good assuming constant business activity...so no new sales from this customer
How does the credit sales number show up in GAAP financials and industry metrics as Net Revenue Retention?
Also, I've talked to few of Snowflake's customers and the common thing I hear is that they really only view BigQuery as a true competitor...AWS & Azure don't really have the computational capability...any thoughts on this?
Hey Chris,
Great work on both the deep dive and summary!
1. Do you pay for the services which provided the charts in your deep dive? or are they free? ex. Prescient & Strategic Intelligence, Public Comps, MarketsandMarkets...
2. What services do you recommend using their paid version?
3. Any recommendations on the process of creating a deep dive?
Thank you.
Great write up Chris.
Do you have any thoughts on Snowflake's sales tactic, particularly the credit system they employ. For example, I know a customer of Snowflake who purchased $100K worth of credits thinking it would be sufficient for 2 years...but at the end of year 1, they had only used $30K of credits, so for the next 2years they're good assuming constant business activity...so no new sales from this customer
How does the credit sales number show up in GAAP financials and industry metrics as Net Revenue Retention?
Also, I've talked to few of Snowflake's customers and the common thing I hear is that they really only view BigQuery as a true competitor...AWS & Azure don't really have the computational capability...any thoughts on this?
Thanks for the post. Exasol, listed in Europe, is Snowflake’s competitor. Have you checked them out?