MongoDB helps businesses transform their industries by harnessing the power of data. It is the fastest-growing database ecosystem, with over 9 million downloads, thousands of customers, and over 1,000 technology and service partners. The world’s most sophisticated organizations, from cutting-edge startups to the largest companies, use MongoDB to create applications never before possible at a fraction of the cost of legacy databases. (Source: VB Profiles)
Designed for how we build and run applications today, MongoDB empowers organizations to be more agile and scalable. It enables new types of applications, better customer experience, faster time to market and lower costs.
Technically, MongoDB is an open source database that uses a document-oriented data model, powering big data as a NoSQL database. MongoDB is one of several database types to arise in the mid-2000s under the NoSQL banner. Instead of using tables and rows as in relational databases, MongoDB is built on an architecture of collections and documents. Documents comprise sets of key-value pairs, and are the basic unit of data in MongoDB. (Sources: Tech Target, MongoDB)
*Based on Preferred Stock Price, MongoDB does not have a stock symbol since it is currently private and is yet to have an IPO.
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