Databricks on monitor for $1 billion in 2022 income: Pete Sonsini, NEA

Ali Ghodsi, Co-Founder and CEO of Databricks.

Databricks

The San Francisco-based start-up Databricks quickly grew into a respected provider of cloud software for managing data on behalf of companies. Doubling the income on an annual basis. Then came the coronavirus pandemic.

The health crisis has weighed on the film, hospitality and travel sectors of the economy. For the tech industry, however, Covid proved to be a melting pot, revealing which technologies were necessary and which were not.

“There was a bit, maybe a month or two, where everyone was frozen in time as to what was going to happen,” said Pete Sonsini, an investor at New Enterprise Associates who joined Databricks’ board in 2014.

After this first phase, according to Sonsini, companies rushed to analyze data in the cloud to unlock computing resources without having to worry about managing the infrastructure in their own data centers.

“They have definitely accelerated through the pandemic,” he said, adding that the acceleration will continue through 2021. Now the company will generate sales of at least $ 1 billion in 2022.

Databricks said in February it did raised $ 1 billion at a valuation of $ 28 billionwith the three leading US cloud infrastructure providers – Amazon, Google and Microsoft – all participate. Investors were keen to put $ 2-3 billion in Databricks during the funding round, CEO Ali Ghodsi told CNBC at the time.

Databricks is increasingly looking for companies like Snowflake that offer data warehouse products that are used by large companies to store data from various sources, Sonsini said. In September, Snowflake made a Monster debut on the New York Stock Exchange, which ended its first day of trading with a market cap of $ 70 billion, down from $ 12 billion seven months ago. The stock has lost some of the momentum it gained after going public, but it’s still worth more than $ 60 billion.

Snowflake’s sales growth accelerated when the pandemic first hit. Growth has slowed since then, although the company still is Doubling the income every quarter, which is an obvious competitive goal.

Snowflake and Databricks initially focused on different things. Engineers relied on Databricks to cleanse large amounts of data and prepare it for analysis, while data analysts often looked to Snowflake to query the data and learn more about it. But the two have gotten closer. Databricks introduced in November technology to query data stored in its software using the popular SQL query language.

In 2019, when Snowflake appointed former ServiceNow CEO Frank Slootman to succeed former Microsoft CEO Bob Muglia as CEO of Snowflake, Muglia’s Separation Agreement said he couldn’t work with Databricks – or with the world’s leading cloud infrastructure companies. “They were a great partner but wanted to do more of what we do,” said Mike Scarpelli, CFO of Snowflake, in a fireplace chat hosted by JMP Securities in March.

It has come to the point that the data science consultancy Datagrom a blog entry in November titled “Snowflake vs. Databricks: Where Should You Put Your Data?” The picture at the top of the post was a Venn diagram showing what the two companies have in common.

Ghodsi tried to differentiate Databricks from its competitors on his CNBC appearance in February. With Databricks, clients do not have to copy data into their software in order to work with it. Instead, data can stay where it already is, such as in Amazon Web Services’ widely used S3 object storage system, and Databricks can continue to process the data, he said.

Harjo participates in NEA, NEH seminar on Native artwork, tradition | Arts-entertainment

In February 2020, the Native Arts & Culture Foundation, together with the National Endowment for the Arts and the National Endowment for the Humanities, hosted a unique meeting in Washington, DC.

The Indigenous Arts and Culture Meeting: Resilience, Reclamation, and Relevance brought together over 225 attendees, including members from more than 40 tribal nations, representatives from over a dozen federal, state, and regional units, many native artists and students, as well as nonprofit professionals and donors who support aborigines.

To learn more about the convocation results and actions, register for the Native Arts and Culture: Resilience, Reclamation and Relevance webinar hosted by Grantmakers in the Arts.

The webinar will take place on Tuesday, March 30th, at 1 p.m. There will be an in-depth discussion of the drafting recommendations, the movement and mobilization around Native Arts leadership in art philanthropy, rethinking funding methods and practices, and promoting partnerships in research and research promoting social justice.

Panelists include Lulani Arquette (native Hawaiian), President and CEO of the Native Arts and Cultures Foundation; Joy Harjo (Mvskoke), internationally renowned performer and writer and the nation’s 23rd Poet Laureate; Shelly C. Lowe (Navajo), executive director of the Native American Program at Harvard University; and Clifford Murphy, director of the National Endowment for the Arts, Folk & Traditional Arts.

visit www.giarts.org to register for the webinar.

Philbrook, Chamber Music Tulsa earn NEA Grants | Leisure

This brindle beauty is more than ready to flee the animal shelter to a loving nursing home or home forever. She dreams of a life full of comfort, snacks and love from her human family. At the shelter she has become a favorite of the employees and can often be spotted on a walk in our field. She tries to squeeze herself into a lap while the staff work on the computer or demonstrate their training skills in the yard!

Elaine has the petite back end, the deep chest and the energy typical of a boxer! She says the Libra lies and often huddles in a basket, bed, or human lap that is large for a dog much smaller than her. Their funny antics are sure to make every family laugh. She enjoys running, jumping, and lounging in the pool! She’s so excited to be with her people that she’ll jump high in the air to kiss your face! While many think it’s adorable, it would probably be too much for young children.

Elaine can be quite vocal when she is initially alone in her kennel. She loves her people and doesn’t want to see them go. Because of this, residential homes may not go well together. Your new family needs to take some time off so they can feel comfortable in their new home before leaving them alone. Our TSPCA trainer can explain how to prepare sweet Elaine for success!

Elaine has gone to dog parks and done well but can be a bit overwhelming so she needs a tolerable or gentle canine sibling in a home. We also believe she would be more than happy to be a pampered dog!

Elaine is a boxer mix. She is around 2 years old and weighs 45 pounds. She has been spayed, vaccinated, tested for heartworms (negative), microchipped and is currently in the field of parasite prevention.

HOW TO ADOPT ELAINE

The Tulsa SPCA is currently only operational by appointment.

• Visit tulsaspca.org/adoptable-dogs. Click on their profile and use the orange “Interested in this animal? Click here!” Apply button to apply.

• If approved, we will contact you to finalize the paperwork, collect payment, and schedule an appointment for your drive-through adoption.

• Please stay home if you feel unwell, especially if you have symptoms of fever, cough or sore throat.

All available Tulsa SPCA pets can be viewed at tulsaspca.org.