From Yahoo Finance: 2025-04-05 19:38:00

In a list of 12 Best Enterprise Software Stocks to Buy Now, Snowflake Inc. (NYSE: SNOW) is highlighted for its position in the market. The global enterprise software market size is expected to grow at a CAGR of 12.1% from 2025 to 2030 due to the increasing demand for automated and integrated solutions.

Enterprise software is evolving with AI technologies, transforming how it’s designed and utilized. AI-driven automation in core business processes like ERP and workflow management systems is streamlining operations and making data-driven solutions more efficient. Adaptive AI-enhanced enterprise software is becoming more proactive and intelligent, leading to higher customer satisfaction and improved sales.

Snowflake Inc. (NYSE: SNOW) offers a cloud-based data platform with an AI Data Cloud that consolidates data for various organizations. The company’s enterprise software segment focuses on its Data Cloud platform, facilitating data sharing and collaboration. Snowflake is expanding its Data Cloud capabilities with new product releases and AI platforms like Cortex AI.

Ranked 4th on the list of best enterprise software stocks, Snowflake Inc. (NYSE: SNOW) is seen as crucial for enterprises implementing AI solutions. The company’s growth potential lies in its AI workloads, expanding projects, and partnerships with tech and AI companies. Analysts believe Snowflake will outperform due to its position in the cloud data analytics market and growing product portfolio.

Read more: Is Snowflake Inc. (SNOW) the Best Enterprise Software Stock to Buy Now?