The cloud data warehouse era is coming to an end as companies move away from a "one-size-fits-all" approach and towards real-time data warehouses that can handle interactive, data-driven applications. Traditional data warehouses are not optimized for real-time analytics, leading to poor performance, high costs, and low query concurrency. Real-time data warehouses address these challenges by providing a converged data platform optimized for running data-intensive interactive applications serving both internal and external audiences. The unbundling of the cloud data warehouse is a trend that will continue as organizations move towards a more vendor-neutral data lake approach over time. ClickHouse Cloud is an example of a real-time data warehouse that outperforms traditional data warehouses by orders of magnitude in real-time applications, with features such as turnkey continuous data loading, continuously-updating materialized views, and millisecond performance on top of billions of rows.