It's usage-based pricing and customers are using more of it.
> a customer that joins a year ago and spends $1 is paying out well over $1.7 a year later
The entire article is based on this 1.7x "net dollar expansion" statement.
After integrating Snowflake, customers have found value in using Snowflake and are using more of it 1 year later.
Since Snowflake is billed on usage, that explains the net-dollar expansion.
It's usage-based pricing and customers are using more of it.
> a customer that joins a year ago and spends $1 is paying out well over $1.7 a year later
The entire article is based on this 1.7x "net dollar expansion" statement.
After integrating Snowflake, customers have found value in using Snowflake and are using more of it 1 year later.
Since Snowflake is billed on usage, that explains the net-dollar expansion.