Snowflake
$15,000–$500,000per year
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Snowflake
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Median buyer pays
$83,500
Based on data from 474 purchases, with buyers saving 8% on average.per year
Median: $83,500
$15,000$500,000
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About Snowflake
Snowflake Overview
Snowflake powers the Data Cloud, where thousands of organizations have access to explore, share, and unlock the true value of their data. They are the category leader for Data Warehousing. The platform is priced based on consumption of compute, storage, and data transfer resources and is structured so Snowflake customers only pay for what they use. Snowflake has a world class Net-Revenue Retention rate of nearly 160% and a Net Promoter Score of 72, which is more than 3 times the industry average.
Snowflake's 1 Product
Snowflake is a cloud computing–based data cloud company that offers a cloud-based data storage and analytics service, generally termed "data-as-a-service".
Compare prices for similar companies
| Supplier | Snowflake | |
|---|---|---|
| Avg Contract Value | $83,500 | $6,434,327 |
| Deals handled | 495 | 371 |
| Unique Purchasers | 270 | 222 |
| Avg Savings | 7.54% | 11.15% |
Security and compliance
DPA available
SOC2 attestation
Annual penetration tests
Negotiation insights
Discount levers
Success pontential
RenewalsNew purchases
Low chances of success
Medium chances of successHigh chances of successVendr community insights for Snowflake
Company with 201-1000 employeesThis year
"We descoped with Snowflake as we are moving over to Databricks but we were able to secure a $2,500 credit rather than a capacity discount. "Company with 201-1000 employeesA while ago
"They offered us ~15% discount on credit pricing based on our immense growth in usage, and because we were considering Databricks as an alternative."Company with 201-1000 employeesA while ago
"We were able to get an additional 5% discount based on up to 3% month-on-month usage growth."Company with 1-200 employeesA while ago
"They didn't offer a ton of flexibility on their pricing despite being in competition with AWS Redshift, but did offer $5k in credit to offset initial data loading costs."Company with 1-200 employeesA while ago
"Signing a 3-year contract got us a good price per credit, and they provided almost $30k in free usage as part of the deal."Company with 201-1000 employeesA while ago
"Here is a publicly-referencable for a review of any legal documents (including TOS) you may need: https://www.snowflake.com/legal/"Company with 201-1000 employeesA while ago
"We were able to get a 5% discount on ~$100k in annual spend with quarterly payments."Company with 201-1000 employeesA while ago
"A longer contract will get you better pricing: we achieved a 12% discount on price per credit based on a 2 year contract with ~$200k annual commitment. Previously we only had a 5% discount with our 1 year contract."Company with 201-1000 employeesA while ago
"We had to cut out Snowflake spend from $5.3MM to $3.5MM. With executive alignment and involvement with the negotiation, we were able to keep our same discount level despite descoping 50%."Company with 1-200 employeesA while ago
"$35K, 1yr deal and received a 10% discount. Have the option to rollover unused credits. "Company with 201-1000 employeesA while ago
"Snowflake will not allow you to carry over unused credits while decreasing the contract value. We were able to have snowflake recognize our unused credits as "free credits" if we committed to a 2-year term at a decrease. "Company with 201-1000 employeesA while ago
"By increasing our usage we were able to work with snowflake to increase our credit discount rate from 4% to 10% "Company with 201-1000 employeesA while ago
"Snowflake was able to offer us more flexible semi-annual or quarterly payments at a slightly reduced credit discount rate. "Company with 201-1000 employeesA while ago
"Snowflake was offering a both a credit discount rate and free credits upon our renewal. We were able to remove the free credits for an equivalent increase in our credit discount rate. This allowed us to get more credits for the same cost and set ourselves up for a better renewal. "Company with 201-1000 employeesA while ago
"Snowflake has a huge focus on NRR by increasing our initial commitment, we were able to increase our credit discount by 2%"Company with 201-1000 employeesA while ago
"Snowflake offered us an additional 2% discount per year we extended the contract. We moved forward with a 3 year commitment and increased our credit discount by 4% "Company with 201-1000 employeesA while ago
"Upon our renewal we had leftover credits with Snowflake that were unused. We were able to decrease our renewal commitment while maintaining those credits as free usage on the new order form. "Company with 201-1000 employeesA while ago
"We were able to negotiate a clause that allows us to maintain our discount for one renewal period, as long as we sign a renewal of greater or equal value. "Company with 201-1000 employeesA while ago
"We were able to leverage our growth to get and additional 1% credit discount with Snowflake. "Company with 201-1000 employeesA while ago
"We were able to move to a 3-year commitment and receive an additional 4% credit discount. "Company with 201-1000 employeesThis year
"As of September 28th, 2023 snowflake will now pass on Storage discounts to users spending > $1.2M USD annually. You can see the full table on their credit consumption PDF. "Company with 201-1000 employeesA while ago
"We pushed our pre-existing 16% discount to 19% (2.43 per credit) by pointing to the ongoing growth in our usage. "Company with 201-1000 employeesThis year
"We weren't able to get a better capacity discount because we didn't have growth or were interested in a multi-year. We have a 6% capacity discount. "Company with 201-1000 employeesThis year
"Snowflake is now providing storage discount for contracts > 1.2M ACV"Company with 201-1000 employeesThis year
"We bumped down our commitment by $10,000 and they took 2% away from our credit discount. "Company with 201-1000 employeesThis year
"We weren't able to get any further discounting even though we were growing usage. We decided to move forward with out contract because it is critical to our business. "Company with 201-1000 employeesThis year
"Snowflake will agree to a higher capacity discount if you move from quarterly to semi-annual payment terms."Company with 201-1000 employeesThis year
"We were able to increase our discounting by leveraging growth and committing to a multi-year deal."Company with 201-1000 employeesThis quarter
"Our contract wasn't growing much during our renewal. We asked for an increased discount or some free credits to continue to grow our Snowflake consumption. They denied us as we continued to push. We weren't able to get any more concessions. "Company with 201-1000 employeesThis quarter
"Our AWS rep mentioned that they are sometimes able to provide credits from their side on renewals if executed by the marketplace. "Company with 201-1000 employeesThis quarter
"We had a significant amount of rollover and got approval to get 66% of it rolled over on a 2 year while decreasing our ACV by 33%"Company with 201-1000 employeesThis quarter
"We were able to save a considerable amount on our Snowflake bill by making sure all of our warehouses are set to auto-suspend. "Company with 201-1000 employeesThis quarter
"As a company, we started included some sort of optimization phase in our development sprints which helped save a considerable amount on our snowflake bill "Company with 201-1000 employeesThis quarter
"We had a competitive negotiation with Snowflake and BigQuery and saw lots of concessions with them pitted against each other "About Vendr
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