In the Acceleration Economy Cloud Wars Top 10 CEO Outlook 2023 series, Bob Evans interviewed Frank Slootman, CEO of Snowflake. The company ranks #9 on the Cloud Wars Top 10. In this CEO Outlook moment, Slootman explains how Snowflake grew beyond data warehousing and how the market has evolved as a massive platform environment.
Highlights
00:10 — It has been a challenge for Snowflake to grow beyond the “data warehousing moniker” because that’s how the company got into the market. Now, it’s just a workload or feature; it’s no longer a market. Markets are morphing and boundaries are being redrawn.
00:36 — “This is turning into a massive platform environment, might be the largest platform we’ve ever seen in enterprise software,” Slootman says.
00:57 — Snowflake’s end goal is to enable the world’s software “creative muscle” by allowing the data to be used. Developing software had always been costly, time-consuming, and difficult in the past.
01:25 — With platforms like this combined with a little domain expertise, anyone can build something, put it on the marketplace, and transact and monetize from it.
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