How do Snowflake and Databricks stack up?

Wolfe Research dove into the numbers and uncovered some interesting data points.

- How enterprises spend on $SNOW compared to Databricks
- Use cases for Databricks vs $SNOW
- Other data platforms like $MDB, $AWS

Here's what they found:

How companies migrate between both platforms.

This is from last year, looking at spending patterns:

Customer's response to Snowflake's Unistore (transactional workload platform).

Also, it's interesting to compare Databricks vs. other data warehouses

How enterprises are rationalizing spend on Snowflake (this particular survey was from Summer 2022), but gives you a glimpse of how companies think about budgeting data warehouse platforms in a slowdown

The use cases and business units utilizing Databricks heavily:

Databricks is still heavily utilized by Data Scientists bc of its robust data lakehouse

Snowflake is heavily utilized by BI Analysts + ML/Data Engs for DWH cases

Contrary to popular opinion, I believe both companies will continue to co-exist similar to $MSFT v AWS.

Comparing Snowflake and Databricks