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mongodb, inc. (MDB)
Earnings transcript2025 - Q3
Who are the companies working with Mongodb and how are they using the various offerings of Mongodb? Explain in detail on who these customers are, how are they using Mongodb product and services and any details related to spends?
Customers of MongoDB Inc Class A
| Company Name | Use Case | MongoDB Offering | Benefits / Spend Details |
|---|---|---|---|
| Financial Times | Running mission-critical projects | MongoDB Atlas | Simplified architecture, improved performance |
| CarGurus | Running mission-critical projects | MongoDB Atlas | Simplified architecture, improved performance |
| Victoria's Secret | Migrated e-commerce platform to support resilient, secure, and fast web and mobile experiences for millions of customers | MongoDB Atlas | Simplified architecture, improved performance |
| Allianz | Modernizing applications | MongoDB Atlas | Enhanced agility, performance, and scalability |
| Alfamart | Modernizing applications | MongoDB Atlas | Enhanced agility, performance, and scalability |
| Swiss Post | Modernizing applications | MongoDB Atlas | Enhanced agility, performance, and scalability |
| Paylocity | Cloud-based payroll and human capital management software | MongoDB Atlas | Costs five times less than previous SQL solution, application creation reduced from weeks to minutes |
| NerdWallet | Developing AI-powered applications | MongoDB Atlas | Supports sophisticated AI use cases, scalability for growing AI workloads |
| Cisco | Developing AI-powered applications | MongoDB Atlas | Supports sophisticated AI use cases, scalability for growing AI workloads |
| Tealbook | Supplier intelligence platform; migrated from Postgres, PG Vector, and Elastic Search to eliminate technical debt and consolidate tech stack | MongoDB Atlas (Atlas Vector Search, dedicated search nodes) | Improved cost-efficiency, increased scalability, resolved workload isolation and search index inconsistencies |
Additional Use Cases and Benefits
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Mission-Critical Projects: Companies like Financial Times and CarGurus leverage MongoDB Atlas to ensure their applications are reliable and performant, supporting essential business operations.
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E-commerce Platforms: Victoria's Secret & Company migrated their e-commerce platform to MongoDB Atlas to simplify their backend infrastructure, enhance performance, and provide a seamless shopping experience for millions of customers globally.
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Application Modernization: Enterprises such as Allianz, Alfamart, and Swiss Post are utilizing MongoDB to modernize their applications, achieving greater flexibility, performance, and scalability.
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Payroll and Human Capital Management: Paylocity transitioned to MongoDB Atlas, resulting in significant cost savings and accelerated application development timelines.
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AI-Powered Applications: NerdWallet, Cisco, and Tealbook are developing next-generation AI applications on MongoDB, benefiting from its ability to handle complex data structures and deliver scalable performance.
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Supplier Intelligence Platform: Tealbook successfully migrated from traditional databases to MongoDB, resolving technical debt and achieving better scalability and cost-efficiency with MongoDB's vector search capabilities.
Summary of Benefits
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Cost Efficiency: Significant reduction in costs, exemplified by Paylocity saving five times compared to previous SQL solutions.
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Performance Improvement: Enhanced application performance and faster development cycles, enabling businesses to launch applications in minutes instead of weeks.
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Scalability: Ability to handle growing data and user demands, crucial for mission-critical and AI-powered applications.
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Simplified Infrastructure: Consolidation of multiple database systems into MongoDB simplifies backend management and reduces complexity.
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Technical Debt Elimination: Migration from legacy systems to MongoDB helps eliminate technical debt and modernize application infrastructure.
Partnerships with Systems Integrators (SIs)
MongoDB is actively investing in its strategic account program by collaborating with various SIs to deploy the right mix of resources, such as technical sales, professional services, and customer support. This approach ensures that customers receive comprehensive support, including education sessions like hackathons and developer days, to fully leverage MongoDB's platform capabilities.
This analysis is based solely on the provided excerpts from MongoDB's financial disclosure and earnings call transcript.
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