WHITEPAPER SNOWFLAKE: ONE CLOUD DATA PLATFORM FOR ALL YOUR ANAL YTIC NEEDSWHITEPAPER 2 WHITEPAPER INTRODUCTION By 2023, IDC predicts that 50% of software vendor revenue for data and analytics will come from public clouds, and that cloud implementations will grow eight times faster than on-premises implementations.1 Gartner goes further, predicting that 75% of all databases will be deployed or migrated to a cloud platform by 2022.2 Forward-looking organizations, however, want a cloud data platform that can enable a long-term strategy for maximizing their data assets, based on an extensible, multi-region and multi-cloud platform that powers all types of data workloads. They do not want to move data and analytic workloads to the cloud haphazardly. In response, Snowflake has

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