Snowflake editions and

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pricing model which are key topics for optimizing
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costs with the
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organization. snowflake offers four
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editions each providing
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additional features and functionalities
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compared to the previous one this allows
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you to choose the addition that best
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aligns for the organization specific
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requirements. In
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budget the standard edition is the
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introductory offering providing access
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to core platform
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functionalities it maintains a strong
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balance between features and cost
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some of the notable features included in
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standard edition are complete SQL data
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warehouse one- day time travel in 7 days
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fail
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safe security features such as Federated
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authentication MFA and
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SSO secure data sharing and data
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Marketplace
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access. Next, comes to Enterprise Edition provides
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all the features of standard edition
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plus some additional features designed
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specifically for the needs of
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large-scale
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Enterprises these features include
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multicluster
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Warehouse, Up to 90 days of time travel
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materialized views, column level and
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row level
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security, performance features such as
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search optimization and query
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acceleration. Further, business
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critical Edition provides specialized
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features needed for highly regulated
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Industries particularly those handling
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sensitive Data Business critical Edition
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includes all the features and services
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of Enterprise Edition with the added
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security and data
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protection it includes support for Phi
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data in compliance with Hipp regulations
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adherence to PCI DSS standards and more
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such regulatory
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requirements in addition it supports
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failover and failback between snowflake
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accounts for business continuity and
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Disaster Recovery
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Lastly, we have virtual private
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snowflake that offers the highest level
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of security for organizations that
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collect analyze and share highly
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sensitive
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data it includes all the features and
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services of business critical Edition
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but in a completely separate snowflake
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environment isolated from all other
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snowflake
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accounts it offers dedicated compute
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resources dedicated cloud services layer
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and dedicated metadata
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store since its isolated environment
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data sharing data Marketplace feature
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are not available by default but
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customer can contact snowflake support
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to enable some of these
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features.

Snowflake Pricing
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model snowflake primarily charges
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customers under two
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categories data storage and
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compute the storage cost in Snowflake
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covers data stored across various
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objects including stages database tables
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and historical data stored to support
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features such as time travel and fail
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safe each month customers are charged a
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flat rate per terabyte based on the
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average storage used within that
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month this calculation takes data
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compression into account for instance if
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you process 10 terabyte of data that
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compresses down to 5 tbyte on storage
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you'll only be charged for the
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compressed 5 terabyte only. This results in
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significant cost
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savings the amount charged per terabyte
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depends on various factors such as cloud
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provider, region and your account
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type for example if you set up your
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snowflake account in awscloud platform
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in US west region then you'll be charged
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$23 per terabyte per
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month the price may change if you choose
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different cloud provider and
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region additionally snowflake offers its
Snowflake Account Types
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customers two different purchasing
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options or sometimes called a account
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Types on demand and committed
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capacity when you register for snowflake
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service at sign up. snowflake. comom
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with a credit card you're by default
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placed on the ond demand account type
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this option allows for flexibility and
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immediate access to snowflake services
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without any long-term
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commitments alternatively customers can
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choose to contact snowflake support and
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enter into a snowflake capacity
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agreement this agreement provides
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several benefits including bulk
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discounts and long-term price
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guarantees additionally customers
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choosing the committed capacity account
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type get access to more service options
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such as special training sessions and
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direct assistance from snowflakes own
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technical
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Professionals for instance consider the
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following table which shows the pricing
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structure for storage under the on
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demand model but let's shift our Focus
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here this illustrates the discounts that
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are applied based on the annual contract
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value that you may wish to commit as
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part of your
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agreement as you can see there are
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significant discounts available as the
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annual contract value
Compute Cost
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increases overall on demand is like
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paying for electricity you only pay for
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what you use offering flexibility
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especially if your workload is
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unpredictable or if you're just starting
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to set up
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snowflake on the other hand committed
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capacity is like a subscription you pay
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Upfront for a set of resources at a
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discounted price but you're charged the
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full amount even if you don't use them
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all after gaining a fair understanding
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of storage costs let's now talk about
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compute
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cost unlike storage which is directly
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calculated in dollars snowflake charges
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for compute usage with credits the these
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credits are consumed only when you're
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using compute resources such as loading
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data into the platform performing a
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query or running a
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workload the actual amount you pay per
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credit consumed will vary depending on
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several factors including the cloud
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platform region and most importantly the
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addition of snowflake you sign up
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for let's understand this
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further here's a table illustrating the
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credit consumption when running virtual
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warehouses of various
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sizes for instance running a small
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virtual warehouse for 1 hour consumes
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two credits if you're on standard
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edition these two credits translate to a
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cost of two multiplied by two resulting
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in
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$4 for the Enterprise Edition it costs
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$6 while for the business critical
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Edition it costs $8 all for running the
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same virtual warehouse for the same
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duration while this website gives you
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the per credit charges for each
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snowflake Edition based on cloud
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platform and region you can also
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negotiate discounts on this per credit
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price further fur with snowflake if you
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are opting for committed capacity
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agreement with
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snowflake given that the credit price is
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provided per hour you might wonder what
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happens if I only run a virtual
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warehouse for 5
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minutes well after starting your virtual
Serverless Compute
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Warehouse you'll be charged a minimum of
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1 minute's worth of credits regardless
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of whether you keep it running or shut
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it down within 1 minute after the
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initial minute credit usage is charged
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on a per second
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basis apart from virtual Warehouse there
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are a few other compute resources that
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also gets built using
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credits serverless compute usage is a
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result of features that rely on compute
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resources provided by snowflake rather
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than user managed virtual
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warehouses these resources are
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automatically resized and scaled by
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snowflake as needed for each
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workload examples of features that
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utilize serverless compute include
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snowpipe database replication
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materialized views automatic clustering
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search optimization and
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more
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here is a table indicating the number of
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credits per hour consumed for each of
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these
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features lastly the cloud services
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compute the cloud services layer of the
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snowflake architecture is a collection
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of services that coordinate activities
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across
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snowflake this layer authenticates users
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enforces security performs query parsing
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and optimization maintains metadata
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caches query results and
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more the cloud services layer runs on
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compute instances provision by
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snowflake it's important to note that
Cloud Services
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usage for cloud services is charged only
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if the daily consumption of cloud
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services compute exceeds 10% of the
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daily usage of virtual warehouses
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compute for example in a particular day
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if you have used 100 virtual Warehouse
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compute credits and 20 cloud services
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credits you get 10% discount and you pay
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only for 10 cloud services
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credits besides these two primary
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billing categories customers who need to
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move or copy their their data between
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regions or clouds will incur data
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transfer
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charges these charges are applied at a
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flat rate per terabyte of transferred
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data the process of moving data into
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snowflake is called Ingress and out of
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snowflake is
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egress with that said snowflake does not
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charge data Ingress
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fees even in case of egress no charges
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apply if the data is transferred within
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the same cloud provider and
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region however data transferred charges
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will be in occurred if the data is
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transferred to a different region or
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different cloud
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provider please refer to this table for
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a high level understanding of data
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transfer
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charges that's all for today please stay
Outro
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tuned for our next video where we'll
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explore more advanced snowflake features
9:47
if you found this video helpful please
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remember to like And subscribe to our
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Channel we also welcome your questions
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or thoughts in the comments section
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below thank you for watching