Youtube·2025-11-04 21:58Core Insights - The partnership between Snowflake and Google Cloud is expanding, focusing on the availability of Gemini models, which are in high demand among customers [1][2] - Snowflake operates as a data-centric platform that simplifies data ingestion, cleaning, and analytics, with the introduction of Snowflake Intelligence enhancing user access to data [4][5] Business Model - Snowflake employs a consumption-based model, meaning revenue is only recognized when customers utilize the products, aligning the company's success with customer value creation [7][9] - The company emphasizes pilot programs and proofs of concept to demonstrate value before scaling, ensuring that investments are made only after showing tangible returns [10][11] Value Creation - Snowflake aims to replace existing dashboard solutions with its intelligence tools, providing a more flexible and cost-effective data access solution [8] - The focus on creating value for customers is paramount, with a systematic approach to project implementation that prioritizes cost reduction and efficiency [12][13] Market Context - Despite concerns about market bubbles, Snowflake remains focused on delivering value to customers rather than being distracted by external market valuations [12][14] - The company is committed to leveraging AI to empower data analysts, allowing them to focus on creating data agents instead of performing repetitive tasks [13]