REDWOOD CITY, Calif., June 04, 2024 (GLOBE NEWSWIRE) -- Alation Inc., the data intelligence company, today announced at Snowflake’s annual user conference, Snowflake Data Cloud Summit 2024, a deepened integration with Snowflake Horizon to increase data quality and deliver AI-ready data for organizations. Alation’s Open Data Quality Framework, now supports integration with Snowflake Horizon, enabling organizations to proactively detect and address data quality issues before they impact business or data opera ...

SAN FRANCISCO, June 04, 2024 (GLOBE NEWSWIRE) -- Coalesce, the data transformation company, announced the launch of its new Coalesce Marketplace at Snowflake’s annual user conference, Snowflake Summit 24. Currently available in private preview, Coalesce Marketplace offers over 30 certified, ready-to-use code collections, known as Packages, to expedite the development and delivery of Snowflake data projects. "Data teams now have a faster way to build complex data objects on Snowflake in a standardized way,” ...

SAN FRANCISCO, June 04, 2024 (GLOBE NEWSWIRE) -- RelationalAI, the knowledge graph coprocessor for the Snowflake AI Data Cloud, today announced at Snowflake Data Cloud Summit 2024, the public availability of its Snowflake Native App on Snowflake Marketplace. Built with the Snowflake Native App Framework and Snowpark Container Services, RelationalAI enables customers to combine knowledge graphs with GenAI to get more value from their data and make better decisions. For decades, organizations have sought meth ...

Snowflake (SNOW) recently announced a new partnership with NVIDIA (NVDA) that will help customers and partners build customized AI data applications in its platform powered by NVIDIA AI.Snowflake has adopted NVIDIA AI Enterprise software to integrate NeMo Retriever microservices into Snowflake Cortex AI, its fully managed large language model (LLM) and vector search service. The integration will help enterprises to smoothly connect custom models to diverse business data and deliver highly accurate responses ...

Ali Ghodsi, co-founder and CEO of Databricks, speaks at the company's Spark and AI Summit in San Francisco in April 2019.Data analytics software maker Databricks said in a statement on Tuesday that it's acquiring Tabular, a startup that helps optimize data stored in the cloud.The gesture could help Databricks more quickly bring out products as it faces competition from Snowflake and other entities.The price wasn't immediately known but The Wall Street Journal reported Tuesday that Databricks is paying betwe ...

Wall Street sees only modest upside in Nvidia, but analysts are projecting significant gains for Snowflake shareholders.The S&P 500 (^GSPC 0.11%) has advanced 11% year to date, and Nvidia (NVDA 4.89%) alone is responsible for one-third of those gains. The chipmaker has seen its share price surge 121% since January due to strong demand for data-center compute and networking products, especially those related to artificial intelligence.However, Wall Street expects Nvidia to lose momentum over the next year. T ...

文章核心观点 - 公司近期业绩表现不佳 [1][2] - 公司正在转变销售模式以提高可持续性 [6][7][8] - 公司正在推出新的AI产品以刺激收入增长 [13][14][16] 公司财务表现 - 第一季度产品收入同比增长34% [17] - 剩余履约义务(RPO)增长超过产品收入增长 [18][19] - 净收入保留率(NRR)有所下降 [20] - 非GAAP毛利率和营业利润率下降 [21][22][24][25] 公司风险与挑战 - 依赖主要云服务商的风险 [29] - 投资AI等新产品可能导致成本上升 [30][31] - 大客户增长可能无法弥补小客户增长放缓 [32][33][34] - 能否实现2028年10亿美元产品收入目标存在不确定性 [35][36][37] 公司估值 - 估值较高,存在被高估的风险 [38][39][40][41][42] 投资建议 - 保守投资者可能需要观望 [43] - 积极成长型投资者可考虑买入 [44][45]

It's not enough just to spot the big trends because those trends won't benefit all businesses equally.Imagine a glob of wet cement and a stick of butter sitting side by side in the middle of the street on a hot summer day in Florida. Both objects are experiencing the exact same thing -- intense heat -- but how they respond to their environment couldn't be more different. The cement hardens. The butter melts.Investing can be like that too, sometimes. Businesses can lean into the exact same secular tailwinds ...

Snowflake Inc. 业务模式和发展战略 - Snowflake Inc. 相信将数据和人工智能置于核心的云计算平台将为组织带来巨大好处，实现数据驱动业务的价值[72] - Snowflake Inc. 通过计算、存储和云服务三个独立可扩展但逻辑集成的层次构建云原生架构，为用户提供资源使用量计费的客户中心、按消费模式的业务模式[72] - Snowflake Inc. 通过直接销售团队主要面向大型组织，专注于获取新客户和推动现有客户对平台的使用增加[74] - Snowflake Inc. 的未来成功在很大程度上取决于其平台的市场采用率，包括新产品功能如 Snowpark 和人工智能技术[78] - Snowflake Inc. 计划继续投资以鼓励现有客户增加对平台的使用，并继续扩展其在现有客户群体内的平台使用[79] - Snowflake Inc. 将继续投资于研发以改进其平台，包括数据科学、人工智能和机器学习领域[83] 财务指标 - 净收入保留率分别为128%、131%、135%、142%、151%[85] - 过去12个月产品收入超过100万美元的客户数量分别为485、460、435、401、373[85] - Forbes全球2000客户数量分别为709、694、678、675、657[85] - 剩余履约义务金额分别为4,987.7百万美元、5,174.7百万美元、3,698.7百万美元、3,540.2百万美元、3,409.0百万美元[85] - 剩余履约义务中预计51%将在2025年4月30日结束的12个月内确认为收入[87] - 产品收入是一个关键指标，主要来源于计算、存储和数据传输资源的消耗[88] - 净收入保留率是衡量现有客户对公司平台使用增长的重要指标[89] - 过去12个月产品收入超过100万美元的客户数量是衡量公司与大型企业合作能力的指标[90] - Forbes全球2000客户数量是公司业务增长和未来收入趋势的重要指标[91] 财务状况和经营活动 - 2024年4月30日，公司总收入为82.87亿美元，比2023年同期的62.36亿美元增长了33%[105] - 2024年4月30日，产品收入为78.96亿美元，占总收入的95%，较2023年同期增长了34%[107] - 公司拥有485个产品收入超过100万美元的客户，较2023年同期增加了112个[108] - 产品收入的成本为21.97亿美元，较2023年同期增长了38%[109] - 产品收入的毛利为5.70亿美元，毛利率为72%[109] - 2024年4月30日，产品毛利率为72%，较2023年4月30日的73%略有下降，主要归因于新推出的产品功能和特性尚未达到规模经济[110] - 2024年4月30日，销售和营销费用增加6930万美元，主要是由于人员相关成本增加2750万美元，支持业务增长的总体成本增加[111] - 2024年4月30日，研发费用增加1.334亿美元，主要是由于人员相关成本增加10.88亿美元，支持业务增长的总体成本增加[113] - 2024年4月30日，公司投资活动中的净现金流为1.512亿美元，主要受到1.265亿美元的投资净购买以及支持办公设施的资产购买和资本化内部使用软件开发成本的影响[122] - 2024年4月30日，公司融资活动中的净现金流为6.335亿美元，主要是因为5.163亿美元的回购授权股票和1.746亿美元的税款支付，部分抵消了来自股权激励计划下发行股权证券的收入[123] 风险管理和财务控制 - 截至2024年4月30日，公司持有45亿美元的现金、现金等价物和短期和长期投资，其中100个基点的利率增减变化将导致现金等价物和短期和长期投资市值减少或增加1990万美元[126] - 公司的外汇风险主要来自于不同货币的净未结算货币资产和负债，为了管理这种风险，公司使用外汇远期合同进行对冲，这些合同在12个月内到期，减少了不利汇率波动的影响[127] - 公司的战略投资主要包括非上市股权证券和可交易股权证券，这些投资受到市场相关风险的影响，可能会导致投资价值大幅减少或增加，对财务结果产生波动[128] - 公司的战略投资主要包括非上市股权证券和可交易股权证券，4月30日，非上市股权证券按照测量替代法计算的价值为198,579千美元，1月31日为190,238千美元[128] - 公司计划继续进行这类战略投资作为企业发展计划的一部分，预计由于市场价格变化、同一发行人的同类或类似投资的可观察交易变化以及对战略投资的减值，将对公司的财务业绩产生额外波动[128] - 公司管理层认为披露控制和程序以及财务报告内部控制的设计旨在提供合理保证，但不会阻止或检测所有错误和欺诈[132]

The company's big bet on AI is risky.Last year, one of the biggest concerns Snowflake (SNOW -4.89%) investors had was how quickly its revenue growth rate was decelerating. But to the data cloud specialist's credit, the company seemed to get this problem under control in late fiscal 2024. Indeed, Snowflake's top-line growth rate actually accelerated in the first quarter of fiscal 2025 compared to the fourth quarter of fiscal 2024.But this still misses the full picture. The revenue growth rate Snowflake has s ...