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Snowflake acquires Streamlit for $800 million

16/03/2022 by ALOK DAS

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A completely managed knowledge warehouse-as-a-service platform, Snowflake acquired Streamlit for $800 million. This firm helps prospects handle knowledge within the cloud with out cloud vendor lock-in. Streamlit developed a preferred open supply mission for constructing data-based apps.

Benoît Dageville, co-founder and president of merchandise at Snowflake, mentioned Snowflake turned aware of Streamlit as a result of their prospects and inner individuals have been utilizing it. “We each share the identical imaginative and prescient – Streamlit and Snowflake – which revolves round democratizing entry to knowledge. I’d describe it very merely as making it tremendous simple to work together with knowledge,” Dageville mentioned.

He additionally mentioned Streamlit fills a significant lacking piece within the Snowflake platform by permitting knowledge scientists to construct apps that deliver knowledge to life for non-technical customers. Snowflake has all of the technical components to entry and handle the information within the cloud, and Streamlit fills within the authentic piece of knowledge visualization they did not have.

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“It’ll make it simpler for Snowflake prospects to get their data-driven functions into manufacturing, which has been a relentless problem in knowledge science and machine studying,” Adam Ronthal, a analysis VP in Gartner’s ITL knowledge and analytics group .

Streamlit was the brainchild of Google X and Zoox staff who wished to construct an open supply mission that made it simpler for customers to construct customized functions that interacted with knowledge.

Streamlit co-founder and CEO Adrien Treuille started speaking to Snowflake final fall, and the 2 firms have been a superb match each technologically and culturally. The corporate was engaged on a industrial cloud service that has turn out to be a part of the Snowflake platform. Treuille mentioned 1000’s of individuals use the platform to construct functions, and hundreds of thousands use apps constructed on high of Streamlit.

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