How Snowflake’s Cloud Architecture Scales Modern Data Analytics

Data and analytics workloads continue to move in large numbers from private on-premises data centers to public cloud environments. Although 75% of data and analytics solutions are deployed on-premises today, the latest figures from IDC predict that the preferred deployment model for Big Data will shift dramatically in the next few years.1

By 2023, IDC predicts that 50% of revenue for data and analytics will come from public clouds, representing a 29.7% compound annual growth rate (CAGR). This means public cloud deployments are projected to grow eight times faster than on-premises deployments (3.7% CAGR).

How Snowflake’s Cloud Architecture Scales Modern Data Analytics