| Market Capitalization (Millions $) |
30,235 |
| Shares
Outstanding (Millions) |
82 |
| Employees |
5,636 |
| Revenues (TTM) (Millions $) |
2,782 |
| Net Income (TTM) (Millions $) |
59 |
| Cash Flow (TTM) (Millions $) |
390 |
| Capital Exp. (TTM) (Millions $) |
8 |
Business Description
MongoDB is the most popular current general-purpose database platform. Our comprehensive platform enables developers to swiftly and cost-effectively construct and upgrade apps across a wide range of use cases. Our platform may be deployed at scale in the cloud, on-premises, or in a hybrid environment. We are able to fulfill the demands of companies for performance, scalability, flexibility, and reliability with our unique document-based design, while retaining the strengths of older databases. Our business approach blends the benefits of open source developer mindshare and adoption with the economic benefits of a proprietary software subscription business model.
Software applications are changing the way businesses interact with their consumers, run their operations, and compete with one another. Organizations must provide their end-users with apps that gather and use the massive volumes and types of accessible data in order to compete effectively in todays global, data-driven market environment. As a result, the software engineers who create and manage these apps are becoming increasingly prominent in enterprises, and the need for their skills has increased significantly. As a result, enterprises of all sizes, sectors, and geographies have dramatically boosted their investment in developers with the strategic objective of increasing the organizations rate of innovation and competitive position.
Every software program relies on a database. A database is required by every software program to store, organize, and process data. Tens of thousands of programs and databases can be found in large enterprises. A database has a direct influence on the performance, scalability, adaptability, and dependability of an application. As a result, choosing a database is a highly strategic decision that has an immediate impact on developer productivity, application performance, and organizational competitiveness.
Our one-of-a-kind platform combines the greatest features of relational and non-relational databases. Our key platform differentiator, we think, is underpinned by our ability to fulfill enterprises demands for performance, scalability, flexibility, and dependability while retaining the characteristics of relational databases. Our document-based design helps developers to manage data more naturally, making it simple and intuitive for developers to fast and cost-effectively build, upgrade, deploy, and maintain applications, improving the pace of innovation inside an organization. Customers may run our platform in any configuration that meets their operational needs, including fully managed as a service or self-managed in the cloud, on-premises, or in a hybrid environment.
MongoDB was created for developers by developers. We designed our platform with powerful functionality in mind, making it simple and straightforward for developers to build, update, deploy, and manage apps quickly and affordably, enhancing developer productivity. Unlike older options, our document-based design enables developers to manage and interact with data in a more natural manner. As a result, developers can concentrate on the program and the end-user experience rather than spending time resolving and maintaining the links between the application and a strict relational database structure. We also build and maintain drivers in all major programming languages, allowing developers to communicate with our platform in their preferred programming language, enhancing developer productivity even more.
Company Address: 1633 Broadway, New York, 10019 NY
Company Phone Number: 727-4092 Stock Exchange / Ticker: NASDAQ MDB
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2.8% 
183.12 %