Technology Magazine February 2025 | Page 65

SNOWFLAKE
TOP 10 – DATA PLATFORMS

02

SNOWFLAKE

REVENUE : US $$ 2.806BN ( FY2024 ) EMPLOYEES : 6,780 CEO : SRIDHAR RAMASWAMY FOUNDED : 2012
Snowflake Inc , a cloud computing company founded in 2012 , offers database software that runs on cloud infrastructure from Amazon , Microsoft and Google . Its platform stores and processes data for corporate clients .
The software divides its operations into three segments . Storage systems hold the data . Computing systems process queries . Cloud services manage security and access .
Users do not manage the underlying infrastructure . The platform automates database maintenance tasks and query optimisation , and processes structured
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data , such as spreadsheets , and unstructured data , such as images . The system adds or reduces computing power based on usage . When demand increases , it activates additional processing units . When demand decreases , it deactivates them . Users pay for actual consumption .
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