POPA Recon❄️SaaS is not dead, Snowflake revives source
❄️SaaS is not dead, Snowflake revives source 1. Reaccelerating growth - Product sales increased by 37% to 1.49B. The growth rate, which was 30% at the end of last year, increased by 7% points. - Annual guidance also raised. Actual usage, not just expectations, is starting to be calculated as sales. 2. Sales of AI - The number of accounts using AI coding tool CoCo increased by 2,000 in one quarter, exceeding 9,100. - 5,800 accounts are also used by business agents. Half of the recent growth acceleration is due to AI 3. SaaS strikes back - AI does not replace all software. The platform where…
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