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Mongodb Inc.  (MDB)
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    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology
 

Mongodb's Customers Performance

MDB

 
MDB's Source of Revenues Mongodb's Customers have recorded an increase in their cost of revenue by 10.32 % in the 2 quarter 2022 year on year, sequentially costs of revenue grew by 2.41 %, for the same period Mongodb Inc. recorded revenue increase by 52.79 % year on year, sequentially revenue grew by 6.38 %.

List of MDB Customers




Mongodb's Customers have recorded an increase in their cost of revenue by 10.32 % in the 2 quarter 2022 year on year, sequentially costs of revenue grew by 2.41 %, for the same period Mongodb Inc. recorded revenue increase by 52.79 % year on year, sequentially revenue grew by 6.38 %.

List of MDB Customers


   
Customers Net Income fell in Q2 by Customers Net margin fell to %
-26.13 % 15.59 %



Mongodb's Customers, Q2 2022 Revenue Growth By Industry
Customers in Accident & Health Insurance Industry      13.08 %
Customers in Property & Casualty Insurance Industry      5.17 %
Customers in Miscellaneous Financial Services Industry -63.72 %   
Customers in Medical Equipment & Supplies Industry -7.71 %   
Customers in Broadcasting Media & Cable TV Industry      5.15 %
Customers in Communications Services Industry      0.07 %
Customers in Professional Services Industry      17.09 %
Customers in Computer Networks Industry -0.18 %   
Customers in Internet Services & Social Media Industry      8.3 %
Customers in Computer processing and cloud services Industry      10.45 %
Customers in Software & Programming Industry      12.78 %
Customers in Retail Apparel Industry      2.22 %
Customers in Grocery Stores Industry      9.08 %
     
• Customers Valuation • Segment Rev. Growth • Segment Inc. Growth • Customers Mgmt. Effect.


Mongodb's Comment on Sales, Marketing and Customers



Our sales and marketing teams work together closely to drive awareness and adoption of our platform, accelerate customer acquisition and generate and increase revenue from customers. While we sell to organizations of all sizes across a broad range of industries, our key sales focus is on enterprises that invest more heavily in software application development and deployment. These organizations have a greater need for databases and, in the largest enterprises, can have tens of thousands of applications and associated databases. We plan to continue to invest in our direct sales force to grow our larger enterprise subscription base, both domestically and internationally.

Our go-to-market model is primarily focused on driving awareness and usage of our platform among software developers with the goal of converting that usage into paid consumption of our platform. We are a pioneer of developer evangelism and education and have cultivated a large, highly engaged global developer community. We foster developer engagement through community events and conferences to demonstrate how developers can create or modernize applications quickly and intuitively using our platform. We intend to continue to cultivate our relationships with developers through continued investment in and growth of our MongoDB Advocacy Hub, User Groups and MongoDB University.
To drive developer awareness of, engagement with and adoption of our platform, we created our Community Server and MongoDB Atlas free tier offerings. These let developers use, experiment and evaluate our platform frictionlessly, which we believe has contributed to our platform’s popularity. We believe that developers are often advocates for us because of our developer-focused approach. As a result, our self-serve and direct sales prospects are often familiar with our platform and may have already built applications using our technology. In order to assess the most likely commercial prospects, we employ a process-oriented and data-driven approach to customer acquisition. We utilize advanced marketing technologies and processes to drive awareness and engagement, educate and convert prospects into customers. We also analyze usage patterns of our self-serve customers and free-tier users to identify those accounts that might benefit from engagement with our sales teams. As customers expand their usage of our platform, our relationships with them often evolve to include technology and business leaders within their organizations and our goal is to get organizations to standardize on our platform. Once our customers reach a certain spending level with us, we support them with customer success advocates to ensure their satisfaction and expand their usage of our platform. We also have a partner ecosystem of global system integrators, value-added resellers and independent software vendors, which we collectively refer to as strategic partners.

Mongodb's Comment on Sales, Marketing and Customers


Our sales and marketing teams work together closely to drive awareness and adoption of our platform, accelerate customer acquisition and generate and increase revenue from customers. While we sell to organizations of all sizes across a broad range of industries, our key sales focus is on enterprises that invest more heavily in software application development and deployment. These organizations have a greater need for databases and, in the largest enterprises, can have tens of thousands of applications and associated databases. We plan to continue to invest in our direct sales force to grow our larger enterprise subscription base, both domestically and internationally.

Our go-to-market model is primarily focused on driving awareness and usage of our platform among software developers with the goal of converting that usage into paid consumption of our platform. We are a pioneer of developer evangelism and education and have cultivated a large, highly engaged global developer community. We foster developer engagement through community events and conferences to demonstrate how developers can create or modernize applications quickly and intuitively using our platform. We intend to continue to cultivate our relationships with developers through continued investment in and growth of our MongoDB Advocacy Hub, User Groups and MongoDB University.
To drive developer awareness of, engagement with and adoption of our platform, we created our Community Server and MongoDB Atlas free tier offerings. These let developers use, experiment and evaluate our platform frictionlessly, which we believe has contributed to our platform’s popularity. We believe that developers are often advocates for us because of our developer-focused approach. As a result, our self-serve and direct sales prospects are often familiar with our platform and may have already built applications using our technology. In order to assess the most likely commercial prospects, we employ a process-oriented and data-driven approach to customer acquisition. We utilize advanced marketing technologies and processes to drive awareness and engagement, educate and convert prospects into customers. We also analyze usage patterns of our self-serve customers and free-tier users to identify those accounts that might benefit from engagement with our sales teams. As customers expand their usage of our platform, our relationships with them often evolve to include technology and business leaders within their organizations and our goal is to get organizations to standardize on our platform. Once our customers reach a certain spending level with us, we support them with customer success advocates to ensure their satisfaction and expand their usage of our platform. We also have a partner ecosystem of global system integrators, value-added resellers and independent software vendors, which we collectively refer to as strategic partners.







MDB's vs. Customers, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME MARKET CAP REVENUES INCOME EMPLOYEES
Mongodb Inc. 9,806.00 1,082.49 -361.90 2,539
Adobe Inc. 153,259.82 17,191.00 4,813.00 22,516
Automatic Data Processing Inc 107,168.31 16,881.60 3,027.40 58,000
Alight Inc 3,889.63 4,199.00 60.17 0
AOL Inc. 0.00 0.00 0.00 4,500
Astrazeneca Plc 94,481.67 37,417.00 115.00 0
Bigcommerce Holdings Inc 579.98 271.54 -141.18 1,337
Comcast corporation 155,368.61 121,211.00 5,032.00 168,000
Coinbase Global Inc 9,653.02 5,063.56 -1,264.94 3,730
Salesforce Inc. 151,831.68 24,080.00 3,164.00 49,000
Computer Sciences Corp 0.00 7,607.00 -100.00 70,000
Cisco Systems Inc 198,720.48 52,289.00 11,502.00 77,500
Electronic Arts Inc 35,597.61 7,285.00 901.00 9,800
Ebay Inc 23,985.96 9,786.00 -1,677.00 12,700
Fresenius Medical Care Ag and Co Kgaa 4,493.77 19,732.93 1,365.31 0
Alphabet Inc 1,252,424.91 282,113.00 66,990.00 163,906
Humana Inc 67,849.02 91,485.00 2,807.00 46,000
Infosys Limited 82,809.65 16,311.00 2,968.00 259,612
Intuit Inc 107,758.36 12,726.00 2,066.00 10,600
Medtronic Plc 102,062.56 31,070.00 5,224.00 90,000
Meta Platforms Inc 294,119.02 118,115.00 28,832.00 54,014
Microsoft Corporation 1,798,870.05 203,075.00 69,789.00 163,000
Playstudios Inc 586.21 360.04 -15.80 504
Netease Inc 8,637.84 13,747.30 2,663.94 32,064
Pearson Plc 88.92 3,397.00 310.00 0
Shutterfly Inc 1,745.93 2,116.82 7.72 0
Sanofi 57,384.95 41,853.28 13,832.00 0
Squarespace Inc 2,815.70 845.16 -2.13 1,600
Thermo Fisher Scientific Inc 214,820.50 39,982.00 6,889.00 75,000
Travelers Companies inc 44,537.26 36,259.00 3,356.00 30,600
Under Armour Inc 3,968.41 5,997.68 317.71 16,400
Unitedhealth Group Incorporated 500,544.00 315,118.00 19,922.00 325,000
Urban Outfitters Inc. 2,672.72 3,584.44 -88.57 24,000
Viacom Inc 9,784.88 12,890.00 1,672.00 0
Verizon Communications Inc 161,181.36 134,499.00 21,604.00 0
Walkme Ltd 0.00 193.30 -80.29 0
Weis Markets inc 2,305.73 6,110.91 118.93 0
Zeta Global Holdings Corp 1,190.83 193.79 -63.44 1,434
SUBTOTAL 5,657,189.34 1,695,057.35 275,915.83 1,770,817
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