The ROI of Snowflake

March 25, 2022 - Research W46

Nucleus interviewed multiple Snowflake customers and found that organizations can reduce administrative costs associated with their data warehouse by at least 25 percent and run analytics up to 90 percent faster, leveraging Snowflake’s fully-managed serverless architecture to improve cost-efficiency for cloud storage and compute. With the ability to consolidate data engineering, data lake, data warehouse, and data science tools under a single platform, Snowflake can reduce data analysis costs, simplify data management, and accelerate the decision-making process for organizations of all sizes. As Snowflake continues to optimize its platform architecture to drive resource and cost efficiency, Nucleus expects the vendor to further penetrate the rapidly expanding data warehouse and data management market.