Topic: How To Invest

Q: Pat, can I get your recommendation on MongoDB? Thanks.

Article Excerpt

A: MongoDB, $169.97, symbol MDB on Nasdaq (Shares outstanding: 37.2 million; Market cap: $8.4 billion; www.mongodb.com), is a U.S. company that sells database software to help its customers process and analyze large amounts of streaming data from apps, the Web, and other news sources. That data is considered unstructured because formats such as video, audio files and app updates don’t fit neatly into rows and columns like traditional data. MongoDB is headquartered in New York, but has more than 14,200 customers in over 100 countries. These include MetLife, eBay, Shutterfly, UPS and Facebook. The MongoDB database platform has been downloaded over 65 million times. The company’s core offerings are: MongoDB Enterprise Advanced (Enterprise Server), which stores, organizes, and processes data and facilitates access and changes to the data; MongoDB Atlas aims to provide customers with a flexible, managed offering that includes automated provisioning and healing, comprehensive system monitoring, managed backup and restore, and default security; and Community Server is a free-to-download version…