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#205 CEO Snowflake, Sridhar Ramaswamy: Visibility
Grit
Value from Data Fuels the Future
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The future of cloud infrastructure spending is projected to skyrocket from $400 billion to $2 trillion, driven significantly by platforms that centralize data. The emphasis lies on seamlessly integrating components that unlock value from data, combining it with AI, and facilitating the development of applications through foundational elements. The initial focus on analytics and business intelligence represents just the beginning of a larger opportunity. While competition from companies like CSPs and Databricks exists, the market is expansive enough to accommodate multiple players. As technology progresses to higher levels of abstraction, the current predominant expenses are tied to basic computing resources. Enterprises seek to leverage their data meaningfully rather than merely managing infrastructure like Kubernetes clusters.
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