Month: June 2023

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The report gives an abstract and quantitative examination of the Global HTAP-Enabling In-Memory Computing Technologies .The examination relies upon the division of the HTAP-Enabling In-Memory Computing Technologies which focuses on monetary and non-money related factors impacting the HTAP-Enabling In-Memory Computing Technologies improvement. The report joins a genuine scene which concludes the market position in the focal parts, including new help offered, thing dispatches, business associations, combinations and acquisitions in the past five years.

Companies operating in the HTAP-Enabling In-Memory Computing Technologies
Microsoft, IBM, MongoDB, SAP, Aerospike, DataStax, GridGain

The report highlights of emerging examples, with principal drivers, risks, and likely entryways In the HTAP-Enabling In-Memory Computing Technologies. The crucial creators across the world in the worldwide HTAP-Enabling In-Memory Computing Technologies are organized in the report. Considering such things introduced in the HTAP-Enabling In-Memory Computing Technologies, the around the world HTAP-Enabling In-Memory Computing Technologies is ordered Into different segments. The part overpowered the HTAP-Enabling In-Memory Computing Technologies and held the greatest piece of around the world HTAP-Enabling In-Memory Computing Technologies in the year 2020, and continues to govern the market in 2021 are positive in the report.

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Considering use, the around the world HTAP-Enabling In-Memory Computing Technologies is ordered into different application sections. The application section that is depended upon to drive the slice of the pie of the HTAP-Enabling In-Memory Computing Technologies in the next few years are highlighted and thought about in the report. The indispensable components of advancement in this application segment are explained in the report. The areas that addressed the greatest pay part of around the world HTAP-Enabling In-Memory Computing Technologies in 2022 are considered in the report. Additionally are depended upon to continue with the edge over its opponents in the regarded time span are considered in the report. The grounded establishment and innumerable Vessel Monitoring System Software associations in these regions are organized in the report.

By the product type, the market is primarily split into:
Cloud-Based, On-Premises.

By the end-users/application, this report covers the following segments:
Large Enterprises(1000+ Users), Medium-Sized Enterprise(499–1000 Users), Small Enterprises(1–499 Users)

Elements of the Report:
• New game plans and commitments that market players can imagine are in like manner discussed in the report.
• The possible entryways for business trailblazers and effect of the Coronavirus pandemic are associated with the around the world HTAP-Enabling In-Memory Computing Technologies.
• New things and organizations that are thriving in this speedy progressing around the world HTAP-Enabling In-Memory Computing Technologies’s monetary environment are discussed in the report.
• The report discusses the how certain advancement things, market frameworks, or game plans could assist with showcasing players.
• The pay open entryways and the growing new game plans are discussed in the report.
• The unquestionable characteristics of each part and market open entryways are explained in the report.
• The powers during the pandemic are relied upon to accelerate the hypothesis pace in the around the world HTAP-Enabling In-Memory Computing Technologies are point by point in the report.
• The report gives proposition on the way forward in the around the world HTAP-Enabling In-Memory Computing Technologies.

Table of Contents
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Vessel Monitoring System Software Revenue
1.4 Market Analysis by Type
1.4.1 HTAP-Enabling In-Memory Computing Technologies Size Growth Rate by Type: 2020 VS 2028
1.5 Market by Application
1.5.1 HTAP-Enabling In-Memory Computing Technologies Share by Application: 2020 VS 2028
1.6 Study Objectives
1.7 Years Considered
1.8 Continue…

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This report tends to a couple of key requests:
• What is the by and large expected advancement of around the world HTAP-Enabling In-Memory Computing Technologies after Coronavirus vaccination or treatment is found?
• What are the new essential methodologies that can be executed post-pandemic to remain merciless, agile, client driven, and helpful in the around the world HTAP-Enabling In-Memory Computing Technologies?
• Which unequivocal regions are depended upon to drive improvement in the around the world HTAP-Enabling In-Memory Computing Technologies?
• What are key government approaches and interventions did by driving around the world HTAP-Enabling In-Memory Computing Technologies countries to help with advancing gathering or improvement of Vessel Monitoring System Software.

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On June 6, 2023, Geode Capital Management LLC announced that it had increased its stake in MongoDB Inc. (NASDAQ:MDB) by 4.5% during the fourth quarter. According to the company’s latest disclosure with the Securities and Exchange Commission (SEC), Geode Capital now owns 931,748 shares of the general-purpose database platform company’s stock, representing 1.34% of MongoDB’s estimated worth of $183,193,000.

MongoDB, Inc provides a range of products and services for a broad customer base including individual users, small businesses and enterprises. These products include MongoDB Enterprise Advanced, which offers features such as real-time analytics and data visualization tools; MongoDB Atlas; a fully-managed cloud database service; and Community Server. The company also offers professional services such as consulting and training to aid customers in optimizing their use of MongoDB’s products.

The subject of many research analysts’ reports recently, Piper Sandler boosted its price objective for MDB from $270.00 to $400.00 while JMP Securities boosted its price objective from $245.00 to $370.00., along with Oppenheimer boosting their projections from $270.00 to $430.00., indicating robust investor confidence in MongoDB’s growth potential.

William Blair restated an “outperform” rating on shares of MongoDB while Credit Suisse Group decreased their target price for MDB from $305.00 to $250., giving it an outperform rating.

Currently rated as a “Moderate Buy” on Bloomberg.com with an average consensus price target of $328.35., this recent announcement by Geode Capital Management LLC regarding its increased investment into MDB has garnered keen interest within the investment community as a whole.

In conclusion, despite various ups-and-downs within the market in recent times, it appears that investors still have faith in companies like MongoDB who provide value-added products that are well-supported through robust professional services. Companies with this unique mix of offerings are likely to continue attracting investor interest in the foreseeable future, as the stock market continues to evolve at an unprecedented rate.

MongoDB Gains Institutional Investors and Hedge Funds, Reports Positive Earnings Results

MongoDB, Inc., a leading general-purpose database platform provider, has seen modifications in shareholdings by several hedge funds and institutional investors. Among them, Skandinaviska Enskilda Banken AB publ increased its position in shares of MongoDB by 2.5% during the fourth quarter. Meanwhile, Lindbrook Capital LLC increased its holdings in MongoDB by 350.0%, Principal Financial Group Inc. raised its holdings by 12.3%, Oppenheimer & Co. Inc. added 14.8% and DekaBank Deutsche Girozentrale extended its holdings to 30.6%. Institutional investors and hedge funds now possess 84.86% of the company’s stock.

On another note, Chief Accounting Officer Thomas Bull sold 605 shares of the company’s stock on April 3rd at an average price of $228.34 while Chief Financial Officer Michael Lawrence Gordon sold 5157 on the same day for an average price of $228.36 per share.

The positive earnings results announced earlier also gave MDB reason for cheer after reporting quarterly revenue of $368 million compared to analysts’ expectations of $347 million as well as a net margin of -23.58%.

MDB began trading on Tuesday at $388.57 with a market capitalization value of $27.22 billion while posting a P/E ratio of -83:21, beta score of 1:04 with a current ratio and quick ratio both standing at 3:80 along with a debt-to-equity ratio ratio at 1 .54.

MongoDB Enterprise Advanced, MongoDB Atlas and Community Server are some popular products produced by the American corporation ever since being founded by Eliot Horowitz alongside Dwight A.

Despite insider selling at MDB recently totaling approximately $25 million over three months until June 6th (with insiders owning around only 4% presently), this recent string documents indicative elements further showcasing potential steady growth ahead for the company down the line.

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Nosql Market

The NoSQL database industry is driven by an increase in demand for e-commerce, online applications, unstructured data and data analytics.

PORTLAND, PORTLAND, OR, UNITED STATE, June 6, 2023/EINPresswire.com/ — Allied Market Research published a new report, titled, ” The NoSQL Market Reach to USD 22,087 Billion by 2026 | Top Players Such as – Aerospike, MarkLogic and Neo Technology.” The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.

The NoSQL market size was valued at USD 2,410.5 million in 2018, and is projected to reach USD 22,087 million by 2026, growing at a CAGR of 31.4% from 2019 to 2026.

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Increase in unstructured data, demand for data analytics, and surge in application development activities across the globe propel the growth of the global NoSQL market. North America accounted for the highest market share in 2018, and will maintain its leadership status during the forecast period. Demand for online gaming and content consumption from OTT platforms increased significantly. So, the demand for NoSQL increased for handling huge amount of data.

The NoSQL market is segmented on the basis of type, application, industry vertical, and region. By type, it is categorized into key-value store, document database, column-based store, and graph database. On the basis of application, it is divided into data storage, mobile apps, data analytics, web apps, and others. Further the data storage segment is sub-segmented into distributed data depository, cache memory, and metadata store. Depending on industry vertical, it is categorized into retail, gaming, IT, and others. By region, the NoSQL market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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Based on application, the web apps segment held the largest share, with more than one-fourth of the total share in 2018, and is estimated to dominate during the forecast period. However, the mobile apps segment is projected to manifest the highest CAGR of 33.5% from 2019 to 2026.

Based on type, the key value store segment accounted for more than two-fifths of the total market share in 2018, and is estimated to maintain its lead position by 2026. Contrarily, the graph based segment is expected to grow at the fastest CAGR of 34.2% during the forecast period.

Based on vertical, the IT sector contributed to the highest market share in 2018, accounting for more than two-fifths of the total market share, and is estimated to maintain its highest contribution during the forecast period. However, the gaming segment is expected to grow at the highest CAGR of 34.8% from 2019 to 2026.

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Based on region, North America accounted for the highest market share in 2018, contributing to more than two-fifths of the global NoSQL market share, and will maintain its leadership status during the forecast period. On the other hand, Asia-Pacific is expected to witness the highest CAGR of 35.5% from 2019 to 2026.

Leading players of the global NoSQL market analyzed in the research include Aerospike, Inc., DataStax, Inc., Amazon Web Services, Inc., Couchbase, Inc., Microsoft Corporation, MarkLogic Corporation, Google LLC, Neo Technology, Inc., MongoDB, Inc., and Objectivity, Inc.

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Covid-19 Scenario:

● With lockdown imposed by governments of many countries, demand for online gaming, content consumption from OTT platforms, and activity on social media increased significantly. So, the demand for NoSQL increased for handling huge amount of data.

● With organizations adopting “work from home” strategy to ensure continuity of business processes, NoSQL databases would be needed to store and retrieve data.

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New Jersey, USA- This section discusses various aspects of the Nosql Databases Software Market sector, including its size, trends, and revenue forecasts. The Nosql Databases Software Market Research literature also presents sections exclusive to assessing and concluding the revenue prospects for each market sector. The Nosql Databases Software Market report concludes with a detailed assessment of this industry, highlighting the growth drivers and lucrative prospects that are likely to affect the global Nosql Databases Software Market over the forecast period.

This section discusses various aspects of this sector, including its size, trends, and revenue forecasts. The Nosql Databases Software Market is segmented by product type, end-user industry, and geography.

The Nosql Databases Software Market report provides an in-depth analysis of the current state of the industry, including its technological trends, competitive landscape, key players, and revenue forecasts for global, regional, and country levels. It also provides comprehensive coverage of major industry drivers, restraints, and their impact on market growth during the forecast period. For the purpose of research, The Report has segmented the global Nosql Databases Software Market on the basis of types, technology, and region.

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Key Competitors of the Global Nosql Databases Software Market are:

• 3M
• ATS Acoustics Putty Pads
• STI Firestop
• ROCKWOOL
• Hilti
• Nullifire
• Pyroplex
• Minerallac
• FSI Limited
• EverBuild (Firespan)
• Metacaulk
• BIOSTOP
• Remo
• Knauf Group

Major Product Types covered are:

• Elastometric Type
• Intumescent Type

The Application Coverage in the Market is:

• Electric Power
• Communication
• Others

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Regional Nosql Databases Software Market (Regional Output, Demand & Forecast by Regions):-

• North America (United States, Canada, Mexico)
• South America ( Brazil, Argentina, Ecuador, Chile)
• Asia Pacific (China, Japan, India, Korea)
• Europe (Germany, UK, France, Italy)
• Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And More.

Major Points Covered in Table of Contents:

Nosql Databases Software Market Overview

Market Competition by Manufacturers

Production Picture of Nosql Databases Software Market and Global Nosql Databases Software Market: Classification

Overall Nosql Databases Software Market Regional Demand

Market Breakdown and Data Triangulation Approach

Business, Regional, Product Type, Sales Channel – Trends

Nosql Databases Software Market Dynamics: Restraints, Opportunities, Industry Value Chain, Porter’s Analysis, and Others

Covid-19 impact on Global Nosql Databases Software Market Demand

Market Analysis Forecast by Segments

Competitive Analysis

Market Research Findings & Conclusion The research report studies the past, present, and future performance of the global market. The report further analyzes the present competitive scenario, prevalent business models, and the likely advancements in offerings by significant players in the coming years.

Key Questions Answered by the Report

What are the top strategies that players are expected to adopt in the coming years?

What are the trends in this Nosql Databases Software Market?

How will the competitive landscape change in the future?

What are the challenges for this Nosql Databases Software Market?

What are the market opportunities and market overview of the Nosql Databases Software Market?

What are the key drivers and challenges of the global Nosql Databases Software Market?

How is the global Nosql Databases Software Market segmented by product type?

What will be the growth rate of the Global Nosql Databases Software Market 2023 for the forecast period 2023 to 2030?

What will be the market size during this estimated period?

What are the opportunities business owners can rely upon to earn more profits and stay competitive during the estimated period?

Potential and niche segments/regions exhibiting promising growth

A neutral perspective toward Global Nosql Databases Software Market performance

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Market Research Intellect provides syndicated and customized research reports to clients from various industries and organizations with the aim of delivering functional expertise. We provide reports for all industries including Energy, Technology, Manufacturing and Construction, Chemicals and Materials, Food and Beverage, and more. These reports deliver an in-depth study of the market with industry analysis, the market value for regions and countries, and trends that are pertinent to the industry. 

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The report investigates the current status of the NoSQL Databases Software Market and analyses the future trends of the NoSQL Databases Software market. The report explores the market opportunities available in the NoSQL Databases Software market. The report assesses the NoSQL Databases Software market sourced from the currently available data. The report provides in-depth information of the NoSQL Databases Software market that helps market players understand and analyse the NoSQL Databases Software industry in terms of key products and services, value-added products, emerging markets, and industries. The report provides basic analysis of the NoSQL Databases Software market. The report determines the current production and future demand for the products and services, and assists the market players in planning for investment. The report analyses the major exporting and importing producers, overview of the industry, preliminary and secondary assessment of its future potential. The report summarizes the knowledge gaps and recommendations.

Key Players in the NoSQL Databases Software market:

MongoDB, Amazon, ArangoDB, Azure Cosmos DB, Couchbase, MarkLogic, RethinkDB, CouchDB, SQL-RD, OrientDB, RavenDB, Redis

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The report studies the NoSQL Databases Software market using cross-sectional multiple regression analysis. The report provides estimates for future market demand. The report also uses secondary analysis to examines the NoSQL Databases Software market. The report provides detailed analysis NoSQL Databases Software market value chain. The report analyses the factors affecting the NoSQL Databases Software market. The report lists the data and trends that studies various components of the NoSQL Databases Software market. The report reviews the current NoSQL Databases Software market production and price patterns. The report reviews the production, imports, and profitability segments.

NoSQL Databases Software Market Types:

Cloud Based, Web Based.

NoSQL Databases Software Market Applications:

Large Enterprises, SMEs

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This report includes data on NoSQL Databases Software market and analysis of sales data, consumption, production and the developments affecting state of the NoSQL Databases Software market. The report looks at the policy and regulations, competitive product positioning, technological innovation, cost performance, demand determination, and more. This report links you to the market to enhance opportunities. The report looks at the historical data, market segments, producing countries, domestic and global demand for certain products and services. The report examines the value chain, trade scenario, changes in industry structure in past few years, new changes, and impact of the new changes on the investors.

The report focuses on the key segments and investment planning initiatives. The report primarily discusses the NoSQL Databases Software industry considering the global scenario and presents different market scenarios to get a clear understanding of the issues and dynamism of this industry. Secondary and primary sources are covered to get relevant information to the market in this report. In pursuit of reliability and relevance, government publications, official websites, news sources, and more are considered in the report.

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MR Accuracy Reports is the number one publisher in the world and have published more than 2 million reports across globe. Fortune 500 companies are working with us. Also helping small players to know the market and focusing on consulting.

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New Jersey (United States) – NoSQL Market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis.

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Some of the Top companies Influencing this Market include:

IBM Corporation, Aerospike Inc, MarkLogic Corporation, Hibernate, MariaDB, Oracle Database, Neo technology, MongoDB, Basho Technologies, Couchbase, PostgreSQL

Various factors are responsible for the market’s growth trajectory, which are studied at length in the report. In addition, the report lists down the restraints that are posing threat to the global NoSQL .This report is a consolidation of primary and secondary research, which provides market size, share, dynamics, and forecast for various segments and sub-segments considering the macro and micro environmental factors. It also gauges the bargaining power of suppliers and buyers, threat from new entrants and product substitutes, and the degree of competition prevailing in the market.

NoSQL Market Types:

Key-Value Store, Document Databases, Column Based Stores, Graph Database.

NoSQL Market Applications:

Retail, Online Game Development, IT, Social Network Development, Web Applications Management, Others

The report studies the key segments in the global NoSQL industry, their growth in the past few years, profiles and market sizes of individual segments, and gives a detailed overview of the profiles of various segments. The report also presents key products and various other products in the global NoSQL industry along with its market size and growth in the study period. The major demand drivers for the global NoSQL industry products and services are outlined in the report. The NoSQL report details some major success factors and risk factors of investing in certain segments.

The report provides insights on the following pointers:

Market Penetration: Comprehensive data on the product portfolios of the top players in the NoSQL market.

Product Development/Innovation: Detailed information about upcoming technologies, R&D activities, and market product debuts.

Competitive Assessment: An in-depth analysis of the market’s top companies’ market strategies, as well as their geographic and business segments.

Market Development: Information on developing markets in its entirety. This study examines the market in several geographies for various segments.

Market Diversification: Extensive data on new goods, untapped geographies, recent advancements, and investment opportunities in the NoSQL market.

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The cost analysis of the Global NoSQL Market has been performed while keeping in view manufacturing expenses, labor cost, and raw materials and their market concentration rate, suppliers, and price trend. Other factors such as Supply chain, downstream buyers, and sourcing strategy have been assessed to provide a complete and in-depth view of the market. Buyers of the report will also be exposed to a study on market positioning with factors such as target client, brand strategy, and price strategy taken into consideration.

Key questions covered in this report?

1. A complete overview of different geographic distributions and common product categories in the NoSQL Market.
2. When you have information on the cost of production, the cost of products, and the cost of production for future years, you can fix up the developing databases for your industry.
3. Thorough break-in analysis for new enterprises seeking to enter the NoSQL Market.
4. Exactly how do the most essential corporations and mid-level companies create cash within the Market?
5. Conduct a thorough study on the overall state of the NoSQL Market to aid in the selection of product launches and revisions.

Table of Contents

Global NoSQL Market Research Report 2022 – 2029

Chapter 1 NoSQL Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Production, Revenue (Value) by Region

Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Global Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 Global NoSQL Market Forecast

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MindsDB – which is one of the fastest-growing open-source AI projects in the world – recently announced an additional $25 million financing with new lead investor Mayfield along with participation from TQ Ventures and existing investor Benchmark Capital, bringing total the seed capital raised to $41.5 million and total funds raised to $50 million.

Considering the increasing popularity of ChatGPT and AI generally, businesses have been racing to embed AI into their operations and customer interfaces. But building AI applications can be slow and expensive without a dedicated team of AI engineers. In order to address this, MindsDB provides virtually any developer to rapidly ship AI and machine learning applications, effectively transforming them into AI/ML Engineers. Plus they can easily connect virtually any data source, from databases like Postgres, MongoDB, and Snowflake to applications like Salesforce and Gmail, with the latest AI innovations, such as OpenAI, Hugging Face, or LangChain.

MindsDB’s platform – available in open and managed-cloud versions – brings an intelligence layer between disparate data sources and AI frameworks using a streamlined deployment and management workflow. And with MindsDB, developers can ship AI-powered applications from prototyping and experimentation to production in a stable, fast, and enterprise-ready manner.

MindsDB recently achieved several key milestones:

— Adding more than a hundred platform integrations, including with big tech players like OpenAI, Hugging Face, Snowflake, MongoDB, Databricks.

— Being recognized as one of Forbes’ Top AI 50 Companies and named as a Cool Vendor in Gartner’s 2022 Data-Centric AI and multiple Hype Cycle reports.

— Transforming into a mature open-source project with more than 500 code contributors, 16k+ stars from the community and more than one hundred thousand installations.

— Launching a Cloud Enterprise version, proven by tens of thousands of developers.

With this $41 million in funding and the support of Mayfield and existing investors like Benchmark Capital, MindsDB will continue to accelerate the expansion of its AI-Logic Cloud platform, projecting the company to become a cornerstone of the new AI-web.

MindsDB plans to use the funding to continue to nurture its community, expand its AI-Logic product capabilities, and support its growing base of customers, and grow into a cornerstone of the new AI-web.

KEY QUOTES:

“MindsDB is possible because of the incredible open-source community behind it, which has spent 5 years constantly testing and perfecting our technology. We are excited to be the most production-grade AI development solution in the market, accessible for companies of all sizes. So, whether your company has one or ten thousand developers needing to build and ship AI-First Applications, MindsDB is here to help.”

— Jorge Torres, Co-founder and CEO of MindsDB

“Using MindsDB Cloud to bring AI to Rize has been a game-changer. When I started exploring ML, it seemed like I’d need six months of experimentation, model training and building out pipelines to productionize. By using MindsDB Cloud to train and auto-deploy models directly from my database, I saved months of work and many thousands of dollars.”

— Macgill Davis, CTO of Rize (an intelligent time-tracking app maker)

“I believe that the entire software stack will be rebuilt for the AI-first era, resulting in the rise of many enduring companies. As the industry’s first cloud to serve AI logic, similar to BEA/Oracle in the Web 1.0 era, MindsDB is the middle-tier intelligence which enables existing developers to deliver production-ready AI applications. I look forward to partnering with Jorge, Adam and the team as they supercharge enterprise adoption of AI.”

— Navin Chaddha, Mayfield Managing Director

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This week, the big talk in the tech world was MongoDB Inc.’s stock soaring in the wake of blowout fiscal first-quarter earnings results.

“We believe the recent breakthroughs in artificial intelligence represent the next frontier of software development,” MongoDB President and Chief Executive Officer Dev Ittycheria said, citing what he saw as the opportunity for the company to seize on the rise of generative AI models, such as ChatGPT.

While the company probably tightened the expense belt to get the numbers, it does serve as a bellwether, according to industry analyst John Furrier (pictured, left), host of theCUBE, SiliconANGLE Media’s livestreaming stuiod.

“They’re the proxy for developers, because the MongoDB database also uses a lot of cloud compute,” Furrier said on the latest episode of theCUBE Podcast. “If MongoDB is doing well, that’s the canary in the coal mine that developers are continuing to drive the innovation cycle.”

Meanwhile, Dell Technologies Inc.’s revenue plunged 20% in its fiscal first quarter. The bottom line is that servers and storage are soft right now, according to theCUBE industry analyst Dave Vellante (right).

“People came out of the pandemic, and they bought servers, storage and networking to replenish the headquarters,” he said.

Cisco Systems Inc. was interesting last month, because it was chewing through its backlog, Vellante added.

“It’s really mixed right now. It’s no longer a supply problem. Dell can get servers; they can build servers. Pure Storage Inc. did okay. NetApp Inc. did okay, but not great,” he  said. “I mean, storage is not a great business right now. It’s soft. I think, again, what happened is replenishing the HQ. And now people are taking a pause because they don’t know what’s going to happen.”

Two schools of thought on AI

Debates around how, or if, AI should be regulated or banned continued to make the news this week. The United States and Europe were drawing up a voluntary code of conduct for AI, according to a top European Union official on Wednesday.

There seem to be two schools of thought emerging on AI these days, according to Furrier — pro-AI and anti-AI.

“I find that really fascinating that there’s actually the emotional response of AI in the world right now. It’s a very weird time,” Furrier said.

Last week, Dell announced Project Helix, a joint initiative with Nvidia Corp., which aims to combine Dell’s servers with Nvidia’s fastest graphics processing units to leverage AI for business results. At the same time, this year’s Red Hat Summit event had plenty of talk around the role of AI.

“Then, we just had Zeus Kerravala in here prepping for Cisco Live. And he’s thinking, well, they’re not going to do a big, huge AI announcement,” Vellante said. “It’s just that AI is going to be everywhere, so they’re not going to hook their wagon up to AI. It’s very confusing right now.”

What AI may do is expose “our supercloud narrative to be true,” Furrier said. “Basically, my feed is like, ‘AI is going to kill us!’ Then the next set is, ‘How to integrate AI into your life.’ So infusing with AI, and then it’s going to kill you. But I think AI is one of those things that’s horizontal. It’s going to be in all developers’ toolkits.”

It will likely be embedded in all apps, which will pose questions for entrepreneurs looking to establish the next Dropbox Inc. or the next Airbnb Inc., Furrier added.

“These are companies that made their business successful because of Amazon and cloud. What’s that next-generation startup look like?” he asked. “Get the product market fit really quick with AI. Then, what do they do next? What’s the path?”

Is that next-generation startup OpenAI LP? Not in Furrier’s view, who said they more function as the browser.

“I think they’re the Netscape,” he said.

Incumbents are going to benefit from AI if they can apply it in the right way, according to Vellante.

“There’s going to be some company that comes out of the woodwork with some new business model like keyword search. The VCs will say, ‘Oh, that’s a stupid idea,’” he said. “Then they’ll come through the side door and blow people away. I think that’s how it’s going to go.”

Watch the full theCUBE Podcast below to find out why these industry pros were also mentioned:

Hock Tan, president and CEO of Broadcom Inc.

Charles Fitzgerald, consultative strategist and investor

Zeus Kerravala, founder and principal analyst at ZK Research

John Chambers, CEO of JC2 Ventures

Jason Calacanis, internet entrepreneur

Andy Jassy, CEO of Amazon

Tom Gillis, SVP, GM of Cisco Systems Inc.

Steve Mullaney, president & CEO of Aviatrix Systems Inc.

Chuck Robbins, chair & CEO of Cisco Systems Inc.

Frank Shaw, chief communications officer at Microsoft Corp.

Jerry Chen, partner at Greylock

Adrian Cockcroft, tech adviser

Adam Selipsky, CEO of Amazon Web Services Inc.

Matt Garman, SVP of sales and marketing at AWS Inc.

George Gilbert, principal at TechAlpha Partners

Michael Scarpelli, chief financial officer at Snowflake Inc.

Edward Zander, business executive

David Berlind, editor-in-chief, Blockchain Journal

Doug Gold, chief operating officer at Mitchell Silberberg & Knupp LLP

Steve Jobs, co-founder and former CEO and chairman of Apple Inc.

Bill Clinton, former U.S. president

Warren Buffett, chairperson of Berkshire Hathaway

Jeff Bezos, chairman of Amazon Inc.

Frank Slootman, CEO of Snowflake Inc.

Don’t miss out on the latest episodes of “theCUBE Podcast”! Join us by subscribing to our RSS feed. You can also listen to us on Apple Podcasts or on Spotify. And for those who prefer to watch, check out our YouTube playlist. Tune in now and be part of the conversation!

Photo: SiliconANGLE

Article originally posted on mongodb google news. Visit mongodb google news

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06/06/2023 | 09:42am EDT

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All news about MONGODB, INC.

Analyst Recommendations on MONGODB, INC.

Chart MONGODB, INC.

Duration : Period :

Sell Buy
Mean consensus	BUY
Number of Analysts	28
Last Close Price	388,57 $
Average target price	362,41 $
Spread / Average Target	-6,73%

Article originally posted on mongodb google news. Visit mongodb google news

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