Snowflake has the largest-ever software IPO, AI powerhouses IBM and Deloitte partner with digital human platform company UneeQ, and more.

Keeping pace with news and developments in the real-time analytics market can be a daunting task. We want to help by providing a summary of some of the items our staff came across each week. Here is a short list of some news from this week:

Snowflake made history Wednesday after conducting the largest-ever software IPO and seeing its shares surge on their first day of trading. The stock ended the day around $254, valuing the company at $70 billion, after it priced the offering at $120 per share. Snowflake offers a cloud-based data storage and analytics service. It lets businesses store and analyze data using cloud-based hardware and software. Snowflake runs on Amazon S3, Microsoft Azure, and on the Google Cloud Platform. Its Snowflake Data Exchange allows customers to discover, exchange, and securely share data.

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