The most interesting part of this earnings release was the earnings call. Very detailed responses by Sridhar to all the analyst questions. Definitely worth a listen, especially the part about applying AI to data pipelines; and also about Iceberg storage capabilities - https://lnkd.in/eqqkfiER
An incredible quarter for Snowflake! Our core business remains strong. Product Revenue for the quarter was $790 million, up 34% year-over-year. Given the strong quarter we’re increasing our product revenue outlook for the year 📈. As CEO, I charted three key priorities: 1️⃣ Listening to, and learning from, our customers: Snowflake is a critical and beloved platform in helping our customers run their business. I’ve had conversations with hundreds of customers over the past few months. The learnings are invaluable. The art of the possible for our customers on Snowflake is really incredible. 2️⃣ Driving execution and alignment within our go-to-market teams. I’ve spent a lot of time with our GTM teams, and together we are building and delivering at an incredible pace. 3️⃣ Fueling our innovation and product delivery. You’ve seen us deliver remarkable AI capabilities over the last few months. We’re only just beginning. Our AI capabilities are democratizing access and turbo charging capabilities for our customers. There is so much more to come. We just announced that Cortex, our AI layer, is generally available. Iceberg, Snowpark Container Services, and Hybrid Tables will all be generally available later this year. Are you ready to see what’s next? Join us in San Francisco for Snowflake Summit in June ❄️ https://lnkd.in/gs-n4cgx
