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Snowflake Finance VP Says Big Companies Migrate at a Glacial Pace

lundi 2 juin 2025, 20:52 , par Slashdot
Snowflake Finance VP Says Big Companies Migrate at a Glacial Pace
Snowflake's growth among large enterprise customers faces a significant bottleneck tied to the sluggish replacement cycles of existing on-premises data warehouse systems, according to finance vice president Jimmy Sexton. Speaking at a Jefferies conference, Sexton explained that while the cloud data company secured two deals worth more than $100 million each in the financial services sector during its latest quarter, such migrations unfold over multiple years as 'cumbersome projects.'

Read more of this story at Slashdot.
https://it.slashdot.org/story/25/06/02/1852240/snowflake-finance-vp-says-big-companies-migrate-at-a-...

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