Snowflake Concludes Its Largest-Ever Global User Conference with New Innovations to Drive Application Development and Increased Collaboration in the Data Cloud

Rhea-AI Summary

Snowflake's fourth-annual Snowflake Summit 2022 took place from June 13-16 in Las Vegas, attracting nearly 9,000 in-person attendees and over 11,500 virtual participants. This year marked the largest conference to date, featuring 275+ sessions and key innovations like the Unistore Workload and Native Application Framework, enhancing transactional and analytical capabilities. The event highlighted Snowflake's commitment to customer-centricity with a Net Promoter Score of 72, far exceeding the industry average.

Positive

• Record attendance with nearly 9,000 in-person attendees and 11,500 virtual participants.
• Launch of key innovations such as Unistore Workload and Native Application Framework.
• High Net Promoter Score of 72, significantly above the industry average of 19.

Negative

• None.

• Snowflake Summit 2022 becomes largest in-person Snowflake conference to-date with nearly 9,000 global in-person attendees, 275+ sessions, 200+ partners, 100+ customer speakers, and more

No-Headquarters/BOZEMAN, Mont.--(BUSINESS WIRE)-- Snowflake (NYSE: SNOW), the Data Cloud company, last week concluded its fourth-annual Snowflake Summit conference, with nearly 9,000 in-person attendees and over 11,500 registered to watch the virtual event, live in Las Vegas, Nevada from June 13-16. Snowflake Summit 2022 is Snowflake’s largest in-person conference to-date, bringing customers, partners, technical experts, and executives together to explore the power of the Data Cloud. The four-day conference featured four marquee keynote addresses, 275+ total sessions spanning 10 different session tracks, 200+ ecosystem partners, 100+ customer speakers, 28 hands-on labs, an abundance of SnowPro™ certifications achieved by conference goers, and more.

Snowflake Concludes Its Largest-Ever Global User Conference with New Innovations to Drive Application Development and Increased Collaboration in the Data Cloud (Photo: Business Wire)

Snowflake Chairman and CEO, Frank Slootman, and Snowflake Co-Founder and President of Products, Benoit Dageville, kicked off the event with seven key innovation pillars that position Snowflake at the forefront of technology and data innovation. A key theme throughout was that Snowflake first massively transformed analytics, then collaboration, and now application development with the Data Cloud.

Snowflake SVP of Products, Christian Kleinerman, then revealed during his keynote address expanded capabilities and product innovations that advance the Data Cloud:

• Unistore Workload: Snowflake’s transformative Unistore workload, currently in private preview, will unlock new transactional use cases, and deliver a modern approach to working with transactional and analytical data together in a single platform.
• Native Application Framework: Snowflake’s Native Application Framework, currently in private preview, empowers developers to quickly and easily build, monetize, and deploy data-intensive applications in the Data Cloud.
• Cybersecurity Workload: Snowflake’s new Cybersecurity workload provides a unified, secure, and scalable data platform for helping security teams eliminate blind spots and respond to threats at cloud-scale.
• Data Programmability Updates: Snowflake’s data programmability enhancements, including Snowpark for Python, currently in public preview, and a native integration with Streamlit, currently in development, make Python’s rich ecosystem of open-source packages and libraries accessible for data scientists, data engineers, and application developers to streamline development, and build and share interactive applications.
• Expanded Data Access: Snowflake’s new innovations increase data access with enhancements for working with streaming data through Snowpipe Streaming, currently in private preview, and Materialized Tables, currently in development, alongside making data stored in open formats and on-premises available in the Data Cloud with Iceberg Tables, currently in development, and External Tables for On-Premises Storage, currently in private preview.
• Snowflake Marketplace Advancements: Snowflake Marketplace now goes beyond just data, expanding to offer applications that run natively in the Data Cloud so customers can get value faster, improve security and governance, and access cutting-edge technologies for extended collaboration efforts, while providers can reach more customers and use built-in monetization through Snowflake’s Marketplace.
  

Over 100 customer sessions from organizations like Capital One, Geico, Novartis, Warner Bros. Discovery, and more shared best practices and strategies for driving data-driven outcomes. Additionally, AT&T was named the 2022 Data Drivers Awards winner for North America, the premier data awards that honor Snowflake customers leading their organizations and reimagining what’s possible with the Data Cloud.

Snowflake’s expansive partner ecosystem shared 80+ announcements around Snowflake Summit. Additionally, Snowflake shared record growth in its Powered by Snowflake program, with 425 partners, and over 165 Snowflake Marketplace partners (as of April 30, 2022). Snowflake also launched a new Snowflake Partner Network (SPN) Competency program, enabling partners to further validate and differentiate their Snowflake vertical expertise to customers, the Snowflake field teams, and the overall Data Cloud ecosystem.

Snowflake Summit also recognized early-stage companies that are leveraging Snowflake to build innovative applications and products in the 2022 Snowflake Startup Challenge. Hundreds of organizations entered the Startup Challenge to compete for a chance to win up to $1 million in funding from Snowflake Ventures, with Snowflake CMO, Denise Persson and Dageville announcing the winners live on-stage on June 16. A panel of Sequoia Capital, Snowflake executives, and Snowflake board members selected Houseware as the ultimate winner. Snowflake Ventures also announced recent investments in Domino Data Lab, Immuta, and Matillion.

Snowflake further doubled down on its number one value ‘put customers first,’ by unveiling the latest findings from its 2022 Customer Experience Survey at Snowflake Summit. The annual survey, conducted June 2022 and produced in partnership with Walker, assessed over 6,000 Snowflake customers across more than 50 countries to provide Snowflake with a Net Promoter (NPS) Score. This year’s NPS Score of 72* is more than three times the industry average of 19, based on the Qualtrics 2021 NPS Industry Benchmarking Report, and demonstrates Snowflake’s continued commitment to customer-centricity.

“Snowflake Summit 2022 was all about the ‘World of Data Collaboration,’ and the energy, announcements, and attendance at the event was incredible to witness,” said Denise Persson, Chief Marketing Officer at Snowflake. “Every year Snowflake Summit raises the bar, and this year was no exception with data leaders from around the globe coming together to share, learn, collaborate, and explore new ways to drive businesses forward with the Data Cloud.”

Learn More:

• Hear how Snowflake customers, partners and executives are driving impact with data on Snowflake’s new Data Cloud Now broadcast network, and SiliconANGLE’s theCUBE.
• Watch the Snowflake Summit 2022 keynotes with on-demand replays.
• Read more about the excitement coming out of Snowflake Summit in this blog post.
• Stay on top of the latest news and announcements from Snowflake on LinkedIn and Twitter.

*If a customer fails to (i) respond to each required question in the survey or (ii) submit a complete set of responses by the end of the survey period, we consider that customer's NPS survey incomplete. Starting with our NPS as of June 2022, we exclude incomplete survey responses from the calculation.

Forward-Looking Statements

This press release contains express and implied forwarding-looking statements, including statements regarding (i) Snowflake’s business strategy, (ii) Snowflake’s products, services, and technology offerings, including those that are under development or not generally available, (iii) market growth, trends, and competitive considerations, and (iv) the integration, interoperability, and availability of Snowflake’s products with and on third-party platforms. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including those described under the heading “Risk Factors” and elsewhere in the Quarterly Reports on Form 10-Q and the Annual Reports on Form 10-K that Snowflake files with the Securities and Exchange Commission. In light of these risks, uncertainties, and assumptions, actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. As a result, you should not rely on any forwarding-looking statements as predictions of future events.

© 2022 Snowflake Inc. All rights reserved. Snowflake, the Snowflake logo, and all other Snowflake product, feature and service names mentioned herein are registered trademarks or trademarks of Snowflake Inc. in the United States and other countries. All other brand names or logos mentioned or used herein are for identification purposes only and may be the trademarks of their respective holder(s). Snowflake may not be associated with, or be sponsored or endorsed by, any such holder(s).

About Snowflake

Snowflake enables every organization to mobilize their data with Snowflake’s Data Cloud. Customers use the Data Cloud to unite siloed data, discover and securely share data, and execute diverse analytic workloads. Wherever data or users live, Snowflake delivers a single data experience that spans multiple clouds and geographies. Thousands of customers across many industries, including 506 of the 2021 Forbes Global 2000 (G2K) as of April 30, 2022, use Snowflake Data Cloud to power their businesses. Learn more at snowflake.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220622005948/en/

Kaitlyn Hopkins

Product PR Lead, Snowflake

press@snowflake.com

Source: Snowflake Inc.

FAQ

What is the significance of Snowflake Summit 2022 for SNOW stock?

Snowflake Summit 2022 showcased the company's growth and innovation, potentially boosting investor confidence in SNOW stock.

How many attendees were at Snowflake Summit 2022?

Snowflake Summit 2022 had nearly 9,000 in-person attendees and over 11,500 registered virtual viewers.

What innovations were announced at Snowflake Summit 2022?

Snowflake introduced the Unistore Workload, Native Application Framework, and Cybersecurity Workload at the summit.

What was Snowflake's Net Promoter Score in 2022?

Snowflake's Net Promoter Score in 2022 was 72, more than three times the industry average.

When was Snowflake Summit 2022 held?

Snowflake Summit 2022 was held from June 13 to June 16, 2022.