The Snowflake IPO- Investor Insights From a Cloud Data Architect

Snowflake, a big data warehousing and processing system used by both startups and enterprises, is undergoing an initial public offering at $120 a share. There’s a lot of hype about cloud and big data companies. Is it a good purchase?

In this article, I provide my insights about Snowflake as a first-hand user. I’m a big data and cloud architect based out of New York City. I have used most of the larger cloud-based big data warehousing systems for many years, and have also consulted on the implementation of these systems with large enterprises. At the end of this article, I will give you my breakdown of how Snowflake stacks up against its competitors and whether I would personally buy shares of Snowflake as a specialist in cloud technologies.

What Is Snowflake

Snowflake is a scalable big data warehousing system. Specifically, this means it can store and process petabytes of data to answer critical questions for your business such as what is my daily revenue, what are my customer’s lifetime value, or what are my most profitable products?