Snowflake Inc.
SNOWSnowflake Inc. (SNOW) is a cloud-based data warehousing company that offers a platform for data storage, processing, and analysis. Founded in 2012, it provides a scalable, secure, and versatile environment for businesses to unify and analyze large volumes of data across multiple cloud providers, enabling real-time insights and data-driven decision-making.
Company News
Snowflake reported strong Q3 results with 28.4% revenue growth, robust retention rates, and promising internal metrics suggesting potential acceleration in business momentum for 2026.
Snowflake reported 29% year-over-year revenue growth in Q3, but continues to post significant net losses and decelerating growth, leading to investor concerns about its high valuation.
PROLIM, a global industrial AI and engineering services company, has acquired Kasmo Digital, a specialized digital consulting firm with over 200 consultants, to enhance its cloud, AI, and data transformation capabilities.
LocalStack, a cloud development platform, reported significant growth in 2025, including 350 million Docker pulls, 60,000 GitHub stars, and 1,500 active customers. The company helps developers create local AWS cloud application environments, reducing complexity and improving development efficiency.
Snowflake and Datadog are major players in the cloud computing industry, offering data analytics and observability solutions. Snowflake's strong adoption, expanding portfolio, and AI/ML capabilities make it a more attractive long-term investment compared to Datadog, which faces margin pressure and slower earnings growth.
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