Reply to post: @IGotOut Re: So long as my pension company..

A flurry of data warehouse activity surrounds Snowflake's staggering $120bn valuation

Anonymous Coward
Anonymous Coward

@IGotOut Re: So long as my pension company..

Which company?

Snowflake or IBM? ;-P

I agree that Snowflake is well overvalued and over priced.

Their niche is based on the idea of enterprises doing a lift and shift of their RDBMS Data Warehouses to the Cloud as is.

Free clue... not a good idea. Paradigm shift in underlying tech. ...

IBM?

They had and killed Informix. During the 90's they figured out how to do ORDBMs at scale. (IDS and Illustra. ) Could have been a game changer until Informix got bought by IBM.

IBM kills the souls of companies that they acquire.

Posted anon for the obvious years.

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