Revenue Growth Is Slowing for Snowflake

In just over 10 years, Snowflake has culminated into a force that is far from melting. As enterprises continue to migrate workloads to the public cloud, significant obstacles have arisen, including hefty data transformation costs, breaking down data silos to create a single source of truth, and creating scalable performance. Snowflake seeks to address these issues with its platform, which gives its users access to its data lake, warehouse, and marketplace on various public clouds. We think Snowflake has a massive runway for future growth and should emerge as a data powerhouse in the years ahead.