Databricks Inc., a software company competing with Snowflake Inc. and Google's Alphabet Inc., announced that its data warehousing business has more than doubled in size over the past year, achieving a $1.5 billion annual run rate. This significant growth underscores Databricks' increasing presence in the data warehousing market as it rivals established players like Snowflake.
Databricks Reports 100% Growth in Data Warehousing Business, Now at $1.5 Billion Annual Run Rate
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