Snowflake's AI strategy is cooking up a storm with enterprise customers
Briefly

from ITPro9 months ago
Snowflake's Q1 earnings report showed $790 million product revenue, 24% YoY growth, 128% net revenue retention, and 485 customers with 30% YoY growth.
ITProhttps://www.itpro.com/technology/artificial-intelligence/snowflakes-ai-strategy-is-cooking-up-a-storm-with-enterprise-customers
Snowflake CEO highlights strong growth due to core cloud storage and data analytics, along with new AI products generating customer interest for efficient AI-driven experiences.
ITProhttps://www.itpro.com/technology/artificial-intelligence/snowflakes-ai-strategy-is-cooking-up-a-storm-with-enterprise-customers
Snowflake's push into generative AI aligns with industry trends, with Microsoft also experiencing growth in this sector, showcasing substantial potential for Snowflake's continued success.
ITProhttps://www.itpro.com/technology/artificial-intelligence/snowflakes-ai-strategy-is-cooking-up-a-storm-with-enterprise-customers
Read at ITPro
#snowflake #generative-ai #revenue-growth #customer-base-expansion #enterprise-ai-space
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