The Ledger
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Bob Muglia: Hadoop will not see much incremental investment
“So I think Hadoop is, is, is a past technology. I think it's, although it's still gonna, people will still use it still has a place, I think it's not an area where there's gonna be a lot of incremental additional investment.”
Muglia: Dynamic compute scaling is impossible with Amazon Redshift
“In fact, it's possible to change the size dynamically on the fly based on the kinds of queries you're running. And none of that is possible with a traditional data warehouse running on premises or even a traditional data warehouse like Redshift running within,…”
Muglia: Cloud security can surpass 99% of on-premises systems
“It is possible to do a better job of securing information in the cloud than certainly 99% of all companies do with their on-premises systems.”
Muglia: Many early Snowflake customers converted directly off Amazon Redshift
“Virtually all of our customers have looked at Redshift. And quite a few of our customers are converted off of it, because we're very fundamentally different than they are.”
Muglia: The underlying engine behind Splunk needs a refresh
“The engine underneath Splunk needs a refresh.”
Muglia: Public cloud is the only viable answer for enterprise IT
“And while that's an interesting question to ask, and a lot of people are looking at private clouds and how they can implement them, the reality for almost every company and everybody is, is that the public cloud is the only viable answer for most companies.”
Muglia: Snowflake delivers better price performance than Amazon Redshift
“We were even actually found ourselves to be more price performance Than other cloud solutions like Redshift.”
Snowflake closed a $260 million funding round led by Sequoia
“Sequoia joined us and so we just closed a round that was just north of two hundred and sixty million raised.”
Bob Muglia: Apache Spark scenarios are complementary to Snowflake
“Spark, I think, is being used very, very broadly for advanced analytics, machine learning, in some cases for streaming data, and those scenarios are all very, very complimentary to Snowflake.”
Muglia: Snowflake competes with only three AWS services, primarily Redshift
“We do compete with Redshift. I think Amazon has a 150 different services in their portfolio. We compete with maybe Three, depending on whether you want to include Athena and Spectrum in that.”
Muglia: AWS will remain the leading cloud provider for the foreseeable future
“They're the leading cloud provider. We anticipate they'll be in that role, in that situation for the foreseeable future, perhaps, perhaps in, in, you know, certainly through my career.”
Snowflake plans to expand to Microsoft Azure and Google Cloud
“And so, you know, we are getting requests for other clouds, and we hear, you know, hear them about Microsoft and Google and so you'll, you'll see some things coming up in the future.”
Snowflake will strictly focus on data warehousing over ETL or BI
“We see ourselves staying very close to home. I think when we think about what can be done with the data warehouse We don't have to become, think about ETL or ELT, nor do we have to think about BI and advanced analytics to do really meaningful things to drive o…”
Muglia: Snowflake customers combine Fluent and Snowflake to replace Splunk
“I mean, some of our customers are taking a combination of, for example, Fluent together with Snowflake and using that as an alternative to other technologies like Splunk.”
Muglia: GDPR will drive data tokenization and force data localization in Europe
“You know, we'll see more tokenization of data and usage of tokens instead of actual PII data to limit the potential issues and breach issues and things, and we'll see data staying in Europe.”
Muglia: Very few companies have deployed private clouds at scale
“Very, very few companies have successfully deployed private clouds at any level of scale that would allow you to take on a task, a major task within the company, like data warehousing,”
Muglia: Most data stored globally in 2015 is unencrypted
“Most of the data that is stored in the world today is stored in an unencrypted form.”
Snowflake bills per second and scales customers to thousands of nodes
“We now bill at a per second level of granularity, and we have customers, we have one customer that every Friday afternoon goes from a really, relatively modest amount of continuous usage of Snowflake to literally thousands of nodes running simultaneously, and …”
Snowflake runs all of its internal operational data on Snowflake
“All of the data about Snowflake is in Snowflake.”
Muglia: Snowflake had no customers and early alpha product in 2014
“At that point in time, the product was just in early alpha, and there were really no customers on it, and it had not been demonstrated at any level of scale.”
Muglia: Snowflake was named after Northstar California resort's logo
“Our founders liked skiing, and they were up at North Star. No, this is true. This is all true, right? Everybody's like, oh, it must be the Snowflake Ski Moe, or whatever. I mean, and there's a million different stories, but the actual story was there were skie…”
Muglia: Nearly all large Snowflake customers use multiple accounts for data sharing
“And that organization can be another division within a company, and we have, you know, if you look at all of our large customers, they're pretty much all using multiple accounts, snowflake accounts, and doing data sharing between them as a way to allow the dat…”
Muglia: Snowflake enables SQL joins between structured and semi-structured data
“In fact, we allow full relational operations against that semi-structured data. You can do a join between a column in a standard relation, in a standard structure table, and data that is hierarchically stored in a semi-structured format.”