Snowflake’s Post

Transcript

I'm now joined by Raphael Steinman and Alexis Tyman, cofounders and Co CEO's of Maxa. Gentlemen, it is great to be back with you both here at Snowflake Summit. Amazing to be on your show Thanksgiving home. It's been quite the year for Max. At 12 months ago you stood here at Snowflake Summit and you won the Snowflake Startup Challenge. How does it feel to be back and how is your alignment with the AI data cloud allowed Max to reach new heights? Alexis, I mean, the journey since June of 2023 has been just an amazing thrill. I don't know where to start to describe what's changed at the company. I think just in terms of like a few headlines, we've doubled the team, almost a 50 people now we've tripled the business, which is amazing, you know, testament to our teams into our customers. And really what's been propelling us is what happened in January. So we had to wait about six months since our our our win for native apps to become something true in the marketplace. And we started leveraging, leveraging that with larger enterprise accounts. And that really has propelled us to new heights, right. So that's really the new tool by which, you know, established corporate enterprises can engage with cutting edge software and tech in a safe environment, secure, governed with all their control, but they're benefiting from all this best of breed software. It's an amazing. Construct, I think very few people sort of saw it coming on their road map. So since January, that's been like an amazing growth vector for us. Great to hear. Thanks, Alexa and Raphael. And some exciting news for Max that you just completed your Series A and it's great to see Snowflake Ventures joining that round. How will this position Max and its customers for success in the years to come? Well, winning the start of Challenge really gave us a lot of visibility and it really allowed us to run a super competitive Series A and we like to believe that. You got top tier results and proving starting to prove that when you build a company on top of the snowflake platform, you are actually worth more. And this this series is really giving us the ability to go higher up this top talent. And what's unique about Maxa is when we're starting the ability to go now target some extra large fortune, even global companies. Well, we need that top talent to go cater those with bleeding edge technology that's on the AI data cloud. Great to hear an exciting next chapter. Let's dive into Max. You remove 90% of the effort from raw systems data to execute insights from a macro perspective. What trends are you noticing across the broader marketplace? Alexa, let's start with you. I mean, first, I think I can give a shout out to probably the best sentence anyone has heard us this show coming from the gentleman who manages data at Siemens. And he was quoting one of their former CEO's. And he said, if only I knew what my company knows. And that was kind of a brick and mortar analogy 20 years ago, someone at the company. Had this incredible knowledge that would have been useful to the company. They didn't know and suffered, you know, big financial penalty from that. I think we bring that to the modern world. Companies are sitting on treasure chests of data, right, but they don't know how to leverage it, how to make a talk how to get the full value from it. So obviously snowflake AI data cloud is a huge portion to accomplish that. So I mean, I mean amazing construct I think applicable to kind of any organization. If if only I knew what my company knows in terms of other things that we're sort of seeing in ourselves trying to evangelize. This concept of data products, meaning meaning I have all these systems that my company, they're all super complex. I need a way to simplify them, unify them, bringing them in snowflake power. Automated analytics and data products are really the result, right? Data that has been transformed, made simple, relevant, standardized, easy to use for technical people and for algorithms and easy to use for non-technical people as well. So that's kind of the promise that we deliver with Maxa. But I think in terms of a trend, these data products. Is something that becomes liquid that you can reuse throughout your enterprise or all of the intelligence and the smarts are not stuck in some sort of BI tool, right? They're in your data warehouse ready to be reused and re leveraged day in day out. So data products, amazing concept. I think that we're hearing a lot on the floor this week. And finally, enterprise AI, right? So everyone is waiting for those killer apps now, killer use cases that that leverage enterprise data with AI. And I think everyone knows it's kind of the little dirty little secret that you need to give them a bit of help. These large language models, they need a little bit of help in terms of maximizing the accuracy and the trustworthiness, lineage auditability of insights that are being powered by these chat interfaces, right? So that's Snowflake is building an incredible tool set that anyone can leverage with Cortex and all of the LM innovations and players like ourselves can really manage focus on developing the last mile of value add that really puts the enterprise grade scaffolding around this and make sure that our customers, for example. Finance leaders, business leaders really get, you know, a chat like engagement that they're all dying to get with their data, but that brings that enterprise quality and trustworthiness. Looking for enterprise AI in the next year. When we sit back next year, I think the world will have achieved, you know, a light year, you know, a century of innovation in one year. Looking forward to that conversation. Last year, you walked away with a snowflake snowboard as winners of the Snowflake Startup Challenge this year. You're walking away with more hardware. Always a pleasure to have Max it back on data cloud now at Snowflake Summit, Raphael, as you look out, what's top of mind and how can the audience learn more about everything that's happening at maximum? So of course, our website Max dot AI, we have Maxima in the Snowflake App marketplace and on LinkedIn also. Max said there's a lot of new things coming out and we are super excited with all the great, the Polaris catalog, all these great technology Horizon and of course, the enterprise AI. To be a we hope to be the most trusted source of ERP data in the AI data cloud. Well, gentlemen, congratulations, Such a pleasure sitting down with both of you again. Thanks, Ryan. Thanks, Ryan. And for the audience watching, I'm Ryan Green with data Cloud now. I'll see you soon.