General presentation of Snowflake
Before investing in an asset on the stock markets it is important you know and understand the issuing company of this asset that you plan to speculate on and the same is true for the Snowflake Company and its shares. We therefore offer you here the opportunity to learn more about this company with details of its activities.
Snowflake Inc. is an American group specialised in the technology sector, more precisely a company that provides cloud data platforms.
The platform developed by this company enables clients to consolidate their data at a single source with the aim of obtaining commercial information and create applications from the data or by sharing it.
This cloud data platform functions on the basis of a multi cloud strategy model including a cross-cloud approach to combine and correspond with and between clouds. Its multi cluster data sharing architecture thereby enables the controlled and secure sharing of information in real time and enables the creation of the user’s own exchange of private data with the aim of sharing and collaborating with business partners, suppliers and employees in a data centre managed in a centralised manner.
Through its activities in the public cloud the Snowflake platform enables its clients to unify and examine this data with the aim of assisting and supporting various user cases. It also enables access to data free from friction in such a way that users can share information totally securely internally and externally of their organisation, often without the need to copy or move the underlying data.
The Snowflake Group currently achieves over 88% of its turnover in the United States. The remainder is mainly from European markets.
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