Q1 saw growth rate acceleration among the Cloud Wars Top 10 companies, with Google Cloud leading the charge followed by Oracle and ServiceNow each growing at 25%.
Snowflake
Review the updated Cloud Wars Growth Chart, led by Google Cloud which delivered the highest growth rate of the quarter.
ServiceNow CEO Bill McDermott positions the company as “the AI platform for business transformation” amidst soaring GenAI adoption.
Snowflake’s Arctic LLM is based on open-source code, pulls insights from various sub-models, and delivers enterprise-grade performance vs. alternatives.
New data clean room app — integrated into the Snowflake Data Cloud — makes cross-company, cross-cloud data sharing secure and easily accessible.
Snowflake and Mistral AI partner to put a powerful set of LLMs into the hands of Data Cloud customers so they can build and host scalable AI applications.
Snowflake announced a strategic investment in Landing AI as well as a partnership to integrate the company’s computer vision platform into the Snowflake Data Cloud.
SAP intensifies focus on data with GenAI capabilities in Datasphere, refraining from “data cloud” terminology despite potential customer alignment.
SAP’s Datasphere platform plays a significant role in the evolving landscape of cloud technologies and data management, with implications for customer decision-making.
Snowflake’s Frank Slootman steps aside as CEO and the company appoints new CEO Sridhar Ramaswamy at a pivotal moment, with the importance of AI increasing rapidly.
Businesses exhibit strong confidence in cloud and AI, reflected in soaring RPO and backlog figures from Workday, Snowflake, and Salesforce. Substantial long-term commitments highlight aggressive investments in these companies’ software.
Workday’s recent strong fiscal performance includes impressive subscription revenue growth and substantial backlog.
Highlighting optimistic subscription-revenue trends for Workday, decoding Salesforce’s cautiously optimistic signals for a potential growth turnaround, and expecting continued strong growth for Snowflake driven by AI and expanding data initiatives.
Snowflake, Workday, and Salesforce experience the greatest market cap percentage gains among the Cloud Wars Top 10. The index reflects customer confidence in these firms.
The Cloud Wars Cloud and AI Confidence Index reaches an all-time high, led by Microsoft, Google, and Amazon, which all gained well over $1 trillion in market cap.
Google Cloud claims the #1 spot in the Cloud Wars growth chart with a 25.7% growth rate and $9.2 billion in revenue, amid shifting industry dynamics.
Google Cloud has a narrow lead on the Cloud Wars growth chart; Microsoft’s growth is remarkable; and the GenAI Revolution continues to impact the top cloud vendors.
In this CEO Outlook interview highlight, Snowflake’s Frank Slootman explains why businesspeople should be spared the technical complexity of AI so they can focus on its business benefits.
A reflection on Microsoft CEO Satya Nadella’s tenure, which has seen the remarkable transformation from a ‘Cloud-First’ vision to Microsoft’s dominance in the cloud.
Snowflake CEO Frank Slootman describes how data and data cloud will have a significant impact on the future of application development.