Data-driven organizations are on the rise - as is the volume of data by which they’re driven, and many are turning to Snowflake to help manage this. The software’s sliding price scale, however, means operating costs can stack up fast. Bluesky is hoping to help organizations combat this by providing data cloud efficiency services. The idea is to make analytics and querying faster, and therefore cheaper, keeping cloud costs lean and complexity low.
It does this by trimming off practices that are costly but ineffective, then working out the inefficiency knots in the remaining high-performance but pricey ones. Ultimately, it hopes to develop a software that carries this out continuously and autonomously.
Interestingly enough, Bluesky doesn’t actually compete with Snowflake. The two are partners, with Snowflake funnelling customers over to Bluesky who provide a much-needed cost guardrail. Whilst Bluesky is just recently launched, it can expect this arrangement to drum up some substantial business: over two fifths of the Fortune 500 use Snowflake, and it’s growing fast in line with the pivot towards data-driven business. This neat symbiosis, in combination with Bluesky’s elegant product and strong first steps into the market, makes for some strong potential.
Steph
Company Specialist at Welcome to the Jungle