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VRSS | All | Snowflake Finance VP Says Big Companies Migrate at a Glacial Pac |
June 2, 2025 2:00 PM |
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Feed: Slashdot Feed Link: https://slashdot.org/ --- Title: Snowflake Finance VP Says Big Companies Migrate at a Glacial Pace Link: https://it.slashdot.org/story/25/06/02/185224... 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. --- VRSS v2.1.180528 |
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