Databricks interrupted Snowflake's conference to announce the acquisition of a startup that can help companies prepare data for more cost-effective queries.
Databricks is buying Tabular, a small startup that helps companies optimize data they store in the cloud with the Apache Iceberg format.
Snowflake executives have said some large clients want to move data out of the company's native storage layer and into Iceberg tables that live in a separate place, such as object storage in the Amazon Web Services cloud. That might result in lower storage revenue for Snowflake. But as organizations become comfortable with running queries on Iceberg tables, that could spur revenue growth from computing workloads running on a large quantity of data stored elsewhere.
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