MongoDB Positions Itself as the Database Platform of the Future – Q1 With the Strongest net Customer Growth in six Years!
Reading Time: 4 minutes
MongoDB aims to benefit from the next wave of application development. The data management software market is expected to grow from $106 billion to $153 billion by 2028. Large enterprises present great opportunities. MongoDB already reaches 75% of the Fortune 100 but captures only 2.4% of data management expenditures. MongoDB 8.0 sees customer adoption double compared to the previous version. The first quarter brings the strongest net customer growth in six years. Doubling of net profit and operating margin provides a tailwind. The share...
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