theCUBE has analyst-led discussions, real-world insights and more [Analysts ready for Data Cloud Summit: Reframing the future of data platforms]( In this week’s Analysis]( theCUBE Research analysts Dave Vellante and George Gilbert share how they see the next data platform, sometimes called the 6th data platform, evolving. They give a preview of what to expect at Snowflake's Data Cloud Summit this week, including the company’s response to metadata catalogs, the integration of Snowpark and new application developments.
Snowflake is at a pivotal moment as the company faces new challenges in the evolving data platform landscape. Known for its innovative data cloud vision and superior integrated data platform, Snowflake now seeks to lead in AI and data applications. However, market forces are pressuring its core values of simplicity, efficiency and trusted data.
Snowflake competing in new markets
The shift toward open storage formats and data catalogs, alongside the AI revolution, test Snowflake’s ability to extend its value proposition and compete in new markets. To succeed, the company must flawlessly execute both organic and inorganic innovation while attracting new developer personas and maintaining profitability. “Snowflake has been talking about adding gen AI more pervasively,” Vellante said. “As the modern data platform is redefined, Snowflake risks jumping from the frying pan into the fire, depending on how it adds gen AI to its product. Snowflake has the strongest engine, but competitors who make specialized tools to serve business analysts, data scientists, data analysts and end users may be best positioned to add gen AI.”
[Catch the latest updates live from Data Cloud Summit on theCUBE](
Tune in to theCUBE this week for live coverage of Snowflake’s [Data Cloud Summit](. Experience our on-site reporting, and gain exclusive insights from data platform experts, CXOs, analysts and investors as they explore the opportunities and challenges within today's generative AI landscape. We'll uncover AI use cases in the enterprise, highlighting how data is propelling the application revolution.
Expert guests include:
- Sridhar Ramaswamy, CEO of Snowflake
- Baris Gultekin, AI product lead at Snowflake
- Denise Persson, CMO of Snowflake
- Matthew Scullion, founder and CEO of Matillion
- Vanja Josifovski, co-founder and CEO of Kumo.ai
- Kari Ann Briski, VP of generative AI software and product management at Nvidia For more of Dave Vellante’s Breaking Analysis, [check here](. [Get the free report]( [On theCUBE Pod: The battle for data governance supremacy]( In the latest [theCUBE Pod]( theCUBE Research analysts John Furrier and Dave Vellante discuss how Snowflake is currently at a pivotal moment in the company’s history. Vellante and Furrier also look into the implications of Databricks' Unity Catalog, a governance engine for open table formats that disrupts traditional data ownership models.
Vellante highlights Snowflake's challenge of maintaining data governance and simplicity while considering the shift to open table formats such as Iceberg. This shift threatens Snowflake's proprietary moat, as embracing open formats could expose its intellectual property.
“We've been saying scale wins, and if you have an IT or software estate install base, you can leverage that,” Furrier said. “Before anyone codes a line of code around AI, if governance isn't built into the data modeling, there's no real value. Otherwise, they won't release it because of compliance reasons. It's a very nuanced point, but data governance is now the new key ingredient before data is released.”
Meanwhile, mixed earnings reports from companies such as UiPath and MongoDB underscore market uncertainties, with AI and hardware excitement juxtaposed against a real slowdown in software spending and market hesitancy. The evolving landscape of data management and the intricate balance companies must navigate in the generative AI era were also a big part of their conversation.
Read more on the conversation on this week’s theCUBE Pod. [Watch the full episode]( AI’s double-edged sword slashes Dell, MongoDB and more This week stocks of Dell Technologies, MongoDB and more plummeted as it became apparent that spending on generative AI technologies, such as ChatGPT, is stealing budget from other tech spending, at least on the software side. [Read more](
siliconangle.com In the News
Editor's Picks How the open-source world is wrestling with gen AI security The rise of generative artificial intelligence has been accompanied by a growing debate within the open-source community: Are OpenAI and other model providers really open, and how trustworthy is the technology? Dig in with this special report. [Read more](
siliconangle.com AMD debuts 'world's fastest' consumer processor for AI apps At Computex yesterday, Advanced Micro Devices detailed the Ryzen 9 9950X, a CPU for consumer-grade desktops that the company touts as the fastest chip in its category. AMD also debuted laptop chips optimized for AI applications. [Read more](
siliconangle.com [Discover June tech events: Live and On-Demand on theCUBE]( Prepare for a month of live and on-site analysis from top tech events presented by theCUBE. June's broadcasts kick off with the [Snowflake Data Cloud Summit]( from June 4-6. Next up is Qlik Connect on June 4, Databricks Data + AI Summit from June 11-12 and HPE Discover from June 18-20. TheCUBE will also provide exclusive coverage of the AWS Financial Services Symposium starting June 6.*
*Broadcast dates and times are subject to change.
[Qlik Connect: June 4](
Join theCUBE on June 4 for live coverage of Connect](. Dive into the latest developments and innovations in data-driven enterprise solutions, including advancements in data governance, intelligent platforms and modern analytics.
Hear from the following experts:
- Mike Capone, CEO of Qlik
- Martin Sahlin, CEO of Stretch Qonnect
- James Fisher, CSO of Qlik
- Nina Schick, CEO of Tamang Ventures Limited and Qlik AI council member
- Jamie Kiser, SVP customer success and operations at Qlik
- Drew Clarke, GM of the Data Business Unit at Qlik
[Tune in for more!](
[AWS Financial Services Symposium: June 6](
Check out theCUBE for coverage of the Financial Services Symposium]( starting June 6. Tune in for on-site reporting and first-hand interviews to discuss the generative AI developments and data-driven innovations within the enterprise banking community.
TheCUBE will be interviewing the following experts:
- Frank Palermo, EVP and head of technology at Virtusa
- Peter Ku, VP and chief industry strategist of banking, capital markets and financial services at Informatica
- Shiv Pullepu, Principal, industry solutions financial services at MongoDB
- Dennis Gada, EVP and global head of financial services and banking at Infosys
- Junta Nakai, VP and global head of financial services, cyber security and sustainability GTM at Databricks
[Follow our coverage!](
[Databricks Data + AI Summit: June 11-12](
From June 11-12 theCUBE is bringing you live coverage of the Data + AI Summit](. Our analysts will provide on-site reporting, focusing on the latest advancements in generative AI for intelligent data applications.
[Get the latest insights!](
[HPE Discover: June 18-20](
TheCUBE will provide live coverage of Discover]( from June 18-20. Our team of analysts will be on-site, delivering real-time reports and exclusive interviews. Join our analysts as they assess the progress in edge-to-cloud computing, offering unique insights into HPE's dynamic ecosystem.
Some of the experts that will be joining us include:
- Antonio Neri, president and CEO of HPE
- Sune Baastrup, SVP and CIO of Danfoss
- Brett Hannath, CVP and CMO of Intel
- Jim Jackson, VP and CMO of HPE
- David Hughes, SVP and chief product and technology officer at HPE
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