![]() I expect Snowflake to continue to grow very nicely, as I do Redshift." ![]() ![]() "But because these market segments are so large, and there's room for so many winners, that's OK. "When you're in the type of business that AWS is, where we provide a set of infrastructure services for other companies to build their technology applications on top of, you end up in the situation sometimes like we are with Snowflake - where they're an important partner and we also have some overlapping products," Jassy said. Even so, he said, the market is big enough for multiple players. But he said it was inevitable for AWS to compete with Snowflake in some capacity, given AWS's strong presence in the cloud-infrastructure space and wide array of product offerings. Jassy said Snowflake is an "important partner" because it runs the "vast majority" of its service on AWS. At the same time, it competes with AWS's cloud-warehousing service called Redshift. Snowflake is a major AWS customer, having committed to spend $1.2 billion on public-cloud services - mostly AWS - over the next five years. Do you work at Amazon? Contact this reporter via encrypted messaging apps Signal/Telegram (+1 4) or email Visit Business Insider's homepage for more stories.Įven Amazon employees are curious about the true nature of Amazon's relationship with Snowflake - the cloud-software company that's both a customer of and a competitor to the Amazon Web Services cloud business.ĭuring an internal all-hands meeting held late last month, a recording of which was reviewed by Business Insider, an employee asked AWS CEO Andy Jassy whether the cloud giant was "actively competing against" Snowflake, or if it's "partnering up with them" because the company relies on Amazon's cloud infrastructure.It could also draw antitrust scrutiny as the US government broadens its antitrust investigation of Amazon to cover AWS as well.The way AWS treats its customers, who also happen to be competitors, is becoming a growing concern for some companies as AWS expands into other parts of the cloud.Jassy said Snowflake was an important partner but that AWS's presence in the cloud-infrastructure space made it hard not to compete with it in some capacity.An employee asked Amazon Web Services CEO Andy Jassy about the company's tricky relationship with Snowflake, which is both a customer of and a competitor to AWS, during last month's all-hands meeting, which was reviewed by Business Insider.Account icon An icon in the shape of a person's head and shoulders. ![]()
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