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The Next Cloud Data Platform | Greylock

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In this post, we examine how the data warehouse, lakehouse, and semantic layer could combine to create a platform for data apps and challenge the Big 3 as the cloud central nervous system for companies. As we discussed last year, one of the largest examples of an individual company succeeding against Big Cloud is Snowflake, which represented a paradigm shift in the maturation of cloud technology when it went public in 2020 and is now a $46B market cap company as of May 17th, 2022. Snowflake was able to succeed in the shadow of AWS Redshift and Google’s BigQuery not with open source, but by building deep IP combined with operational excellence. By rethinking the entire data warehousing process by separating storage from computing, they were able to exploit the fundamental advantage of cloud computing; turning storage, compute, and networking into an elastic resource to build a better database. VCs are already looking for “the next Snowflake”, with companies like Clickhouse raising $300m

The Next Cloud Data Platform | Greylock Greymatter The Next Cloud Data Platform Opportunities in the Modern Data Stack twitter linkedin email Listen --> Article written by: Jason Risch Partner Jason is looking for passionate entrepreneurs who are making significant developments in cybersecurity and artificial intelligence. https://www.linkedin.com/in/jasoncrisch/ https://x.com/rischter_scale Published: 05.25.22 Share via: linkedin twitter For companies competing against the Big 3 cloud providers, some of the greatest success stories come from bold startups that reimagined the ways data could b

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