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Preview|SNOW/MDB: Positive Check
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Preview|SNOW/MDB: Positive Check

SNOW Has a High Bar to Clear, but MDB's Bogey Is Much Lower

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FundamentalBottom
Feb 21, 2025
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Disclaimer: The content provided in this newsletter is for informational purposes only and does not constitute investment advice. We are not registered investment advisors, and nothing in this newsletter should be construed as a recommendation to buy or sell any securities. Always do your own research and consult with a licensed financial professional before making any investment decisions.

SNOW

Research Summary

We recently spoke with a sales expert who provided insights into SNOW's new product offerings:

Data Engineering

Primary Use Cases:

  • Replacing Databricks Spark and EMR Spark, with a 30% performance improvement over Databricks Spark.

  • 70%-80% of use cases are for ETL, and 20%-30% are focused on Machine Learning.

  • Snowpark has introduced a Library import feature, making it easier to migrate Databricks libraries.

  • With the acquisition of Datavolo, the DE product line is now complete.

Upside:

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