You Can Now Query Encrypted Data, MongoDB Says – Datanami

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MongoDB yesterday officially rolled out Queryable Encryption, a new offering that enables users to query data while it’s encrypted in the database. While the technology isn’t a silver bullet for security, it could significantly bolster the capability for users to get value from data without first exposing it in plain text.

For many years, one of the big drawbacks of encryption was the need for organizations to decrypt data before querying, processing, or analyzing it. In addition to adding time to transactions, it added computational expense.

Recent years have brought advances in new privacy enhancing techniques, such as homomorphic encryption, that promise the capability to work with encrypted data directly. Queryable Encryption (QE), which customers have been beta testing for the past few months, is the first application of this type of capability in a database itself, according to MongoDB.

With QE, users can perform numerous types of database functions, including CRUD commands, on encrypted data stored in the MongoDB database, the company says. The only time the data is decrypted is when the user needs the final result, at which point the data is decrypted with the encryption key. This approach is extensible to developers utilizing MongoDB as a database for their applications, and requires no specific cryptography expertise, the company says.

QE libraries are based on a novel database encryption scheme dubbed OST, MongoDB’s Cryptography Research Group says in its white paper. QE is composed of client-side database drivers, a client-side encryption library, an encrypted client, a key management service (KMS) provider, a key vault, and query analysis shared library.

The new tech will help MongoDB customers meet data privacy and consumer protection requirements, says Sahir Azam, MongoDB’s chief product officer.

“[W]ith MongoDB Queryable Encryption, customers can protect their data with state-of-the-art encryption and reduce operational risk–all while providing an easy-to-use capability developers can quickly build into applications to power experiences their end-users expect,” he says in a  press release.

QE is open source and will prove beneficial in several use cases, including searching employee records, processing financial transactions, and analyzing medical records, MongoDB says. It works with standard KMS services hosted by cloud providers, in addition to other providers that support key management interoperability protocol (KMIP).

One early adopter of QE is Renault Group, an automotive company headquartered in France, that is using QE to boost data protection and security compliance, according to Xin Wang, a solutions architect at Renault.

“Our teams are eager for the architecture pattern validation of Queryable Encryption and are excited about its future evolution, particularly regarding performance optimization and batch operator support,” Wang says a press release. “We look forward to seeing how Queryable Encryption will help meet security and compliance requirements.”

MongoDB previously offered a related capability called Client-Side Field-Level Encryption (CSFLE), which allowed customers to process some encrypted data. But it suffered from several shortcomings, according to the white, namely that it supported only “find” operations with a single operator, whereas QE supports other comparison operators. “QE…was designed to be extendable to a large set of operators including range, prefix, suffix, and substring operators,” the white paper states.

However, there’s at least one downside of QE versus CLFSE: performance. While CLFSE incurred almost no performance overhead compared to a plaintext database, QE incurs up to a 10x performance overhead. For some organizations, paying that extra overhead will be preferable to reduce risk.

While QE represents an improvement in encryption capability, it’s not perfect, MongoDB concedes. “Database encryption reduces the attack surface of the DBMS, but it cannot remove it completely,” the company says in its white paper. “Nevertheless, when properly designed and deployed, database encryption, coupled with information security best practices like access control and auditing, can improve an organization’s security and privacy posture.”

Related Items:

The Business Case for Privacy Enhancing Technologies

MongoDB Targets Analytics with V6.0

MongoDB Automates Resharding, Adds Time-Series Support

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Document Databases Market Revenue and Size Outlook | Companies Couchbase …

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Global Document Databases Market Growth (Status and Outlook) 2022-2028

At Orbisresearch.com, a fresh study titled “Global “Document Databases” Market Trends and Insights” has just been released.

Introduction

The Document Databases market is a diverse and rapidly evolving industry that encompasses multiple sectors, including A, B, C, D, and E. This research report provides a comprehensive analysis of the Document Databases market, covering its overview, market definition, and segmentation to provide readers with a clear understanding of the market landscape.

Overview of Document Databases Market

The Document Databases market is a critical and fast-growing industry that plays a crucial role in various sectors. This section provides an overview of the market’s significance and its impact on the global economy.

Market Definition and Segmentation

This section defines the scope of the Document Databases market, outlining the products and services it encompasses. Additionally, it highlights the segmentation of the market based on different categories and end-user industries.

Highlights of the Report

This section presents the key highlights and most significant findings from the research, offering a condensed version of the entire report for quick reference.

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COVID-19 Impact and Recovery

The COVID-19 pandemic had a profound impact on the Document Databases market, and this section analyzes the disruptions caused by supply chains, manufacturing, and consumer behavior. Moreover, it explores the strategies adopted by the industry to recover and build resilience in the post-pandemic era. Despite the unprecedented challenges brought on by the COVID-19 pandemic, the Document Databases market has demonstrated remarkable resilience. The industry swiftly adapted to the disruptions in supply chains, manufacturing, and consumer behavior, leveraging digital technologies and innovative strategies to maintain operations and meet evolving demands.

 Disruptions in Supply Chains and Manufacturing

This subsection examines the disruptions caused in the supply chains and manufacturing processes due to the COVID-19 pandemic. It assesses how lockdowns, travel restrictions, and logistical challenges affected the market’s operations.

    Key Players in the Document Databases market report:

Couchbase, MongoDB, Amazon, MarkLogic, Aerospike, Neo Technology, Basho Technologies, DataStax, Oracle, MapR Technologies

Changes in Consumer Behavior and Demand Patterns

The COVID-19 pandemic brought about significant changes in consumer behavior and demand patterns. This subsection analyzes the shifts in consumer preferences and buying habits that influenced the Document Databases market.

 Strategies for Market Recovery and Resilience

This subsection explores the strategies implemented by businesses in the Document Databases market to recover from the pandemic’s impact and build resilience for potential future disruptions.

Market Opportunities and Challenges

This section highlights the emerging growth opportunities in the Document Databases market and the key challenges and obstacles faced by market participants.

 Emerging Growth Opportunities

The Document Databases market presents several emerging growth opportunities. This subsection identifies areas with high growth potential and outlines the factors driving these opportunities.

 Market Challenges and Obstacles

The Document Databases market also faces challenges and obstacles that hinder its growth and development. This subsection examines these challenges and explores possible ways to address them.

Future Outlook and Forecast

This section provides a comprehensive future outlook for the KEYWORD market, including market growth projections, emerging trends, innovations, and long-term opportunities.

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Document Databases Market Segmentation:

Document Databases Market by Types:

Key-Value
Column Oriented
Document Stored
Graph Based

Document Databases Market by Applications:

BFSI
Retail
IT
Government
Healthcare
Education 

Market Growth Projections

The future growth projections for the Document Databases market are analyzed based on historical data and current trends. This subsection offers insights into the expected market size and growth rates over the forecast period.

 Emerging Trends and Innovations

The Document Databases market is characterized by continuous innovations and emerging trends. This subsection explores the latest trends and innovations shaping the market’s future.

Long-term Market Opportunities

In addition to short-term growth projections, this subsection identifies and explores long-term market opportunities that can drive sustained growth and profitability in the Document Databases market.

Digital Transformation and E-commerce Boom: The acceleration of digital transformation and the e-commerce boom have redefined market dynamics. Businesses that adapted to online sales channels and embraced digital marketing strategies witnessed significant growth during the pandemic. The integration of advanced technologies in segment D has also driven market expansion.

Long-term Sustainability Focus: Sustainability has emerged as a key driver across all segments of the Document Databases market. Consumers are increasingly seeking eco-friendly, socially responsible, and ethically produced products. Market players that prioritize sustainability in their offerings and operations gain a competitive edge and build strong brand loyalty.

Strategic Collaborations and Partnerships: Collaboration and strategic partnerships have become vital in the Document Databases market. Businesses that forge alliances with key stakeholders, such as suppliers, distributors, and technology providers, can access new markets, enhance product portfolios, and capitalize on shared expertise to drive growth.

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Rising Investments in Research and Development: In pursuit of differentiation and innovation, market players are significantly increasing investments in research and development. The development of novel products, efficient manufacturing processes, and cutting-edge technologies has become imperative to maintain a competitive advantage.

Regional Variations in Market Dynamics: Our research highlights the importance of understanding regional variations in the Document Databases market. Diverse cultural, economic, and regulatory factors influence consumer preferences and market trends, requiring tailored strategies for successful market penetration in different regions.

Growth Projection and Future Outlook: Based on our analysis, we project a promising future for the Document Databases market. With the gradual containment of the pandemic and the implementation of recovery strategies, the market is expected to rebound and experience steady growth. Strategic adaptation to evolving consumer demands, sustainable practices, and digital advancements will be key to unlocking the market’s full potential.

 

Conclusion

The conclusion of the research report summarizes the key findings and insights presented throughout the document. It emphasizes the significance of the COVID-19 impact on the Document Databases market, outlines the potential growth opportunities, and highlights the strategic recommendations for stakeholders to make informed decisions and capitalize on the market’s potential

 About Us:

Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have a vast database of reports from leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.

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MongoDB announces general availability of encryption technology – SecurityBrief Australia

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MongoDB has announced the general availability of MongoDB Queryable Encryption. This “first-of-its-kind” technology helps organisations protect sensitive data when it is queried and used on MongoDB. 

“MongoDB Queryable Encryption significantly reduces the risk of data exposure for organisations and improves developer productivity by providing built-in encryption capabilities for highly sensitive application workflows, such as searching employee records, processing financial transactions, or analysing medical records, with no cryptography expertise required,” claims the company. 

“Protecting data is critical for every organisation, especially as the volume of data being generated grows and the sophistication of modern applications is only increasing. Organisations also face the challenge of meeting a growing number of data privacy and customer data protection requirements,” says Sahir Azam, chief product officer at MongoDB. 

“Now, with MongoDB Queryable Encryption, customers can protect their data with state-of-the-art encryption and reduce operational risk, all while providing an easy-to-use capability developers can quickly build into applications to power experiences their end-users expect.”

Data protection is the top priority among organisations across industries today as they face many regulations and compliance requirements to protect personally identifiable information (PII), personal health information (PHI), and other sensitive data. 

A typical data protection capability organisations use to protect data is encryption, where sensitive information is made unreadable by cryptographic algorithms utilising an encryption key and only made readable again using a decryption key customers securely manage. 

Data can be protected through encryption in transit when travelling over networks, at rest when stored, and in use when it is being processed. However, working with encrypted data poses significant challenges because it needs to be decrypted before it can be processed or analysed. 

Organisations that work with highly sensitive data want to improve their security posture and meet compliance requirements by encrypting their data throughout its entire lifecycle, including while it is being queried. Until now, the only way to keep information encrypted during the entire lifecycle was to employ highly specialised teams with extensive expertise in cryptography.

With the general availability of MongoDB Queryable Encryption, customers can now secure sensitive workloads for use cases in highly regulated or data-sensitive industries like financial services, health care, government, and critical infrastructure services by encrypting data. At the same time, it is being processed and in use. 

Customers can get quickly started protecting data by selecting the fields in MongoDB databases that contain sensitive data that need to be encrypted while in use. For example, an authorised application end-user at a financial services company may need to query records using a customer’s savings account number. 

When configured with MongoDB Queryable Encryption, the content of the query and the data in the savings account field will remain encrypted when travelling over the network. At the same time, it is stored in the database while the query processes the data to retrieve relevant information. 

After retrieving data, it becomes visible only to an authorised application end user with a customer-controlled decryption key to help prevent inadvertent data exposure or exfiltration by malicious actors. With MongoDB Queryable Encryption, developers can now easily implement first-of-its-kind encryption technology to ensure their applications operate with the highest levels of data protection and that sensitive information is never exposed. At the same time, it is being processed, significantly reducing the risk of data exposure.

The MongoDB Cryptography Research Group developed the underlying encryption technology behind MongoDB Queryable Encryption, which is open source. 

Organisations can freely examine the cryptographic techniques and code behind the technology to help meet security and compliance requirements. MongoDB Queryable Encryption can be used with AWS Key Management Service, Microsoft Azure Key Vault, Google Cloud Key Management Service, and other services compliant with the key management interoperability protocol (KMIP) to manage cryptographic keys. 

The general availability of MongoDB Queryable Encryption includes support for equality queries, with additional query types (e.g., range, prefix, suffix, and substring) generally available in upcoming releases.

Since the release of MongoDB Queryable Encryption in preview last year, MongoDB has partnered with customers, including leading financial institutions and Fortune 500 companies in the healthcare, insurance, and automotive manufacturing industries, to fine-tune the service for general availability.

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MongoDB Atlas completes Australia’s IRAP security assessment

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MongoDB has announced the completion of an Information Security Registered Assessor Program (IRAP) assessment that allows federal government agencies across Australia to use MongoDB’s developer data platform MongoDB Atlas to quickly and easily build, manage, and deploy modern applications. 

Carried out by security firm CyberCX, the IRAP assessment evaluated MongoDB Atlas’s platform for data workloads up to “PROTECTED” level across all three major cloud providers – AWS, Microsoft Azure, and Google Cloud Platform. 

Completing this assessment provides Australian government customers the assurance that MongoDB Atlas has the appropriate security controls in place for processing, storing and transmitting information classified up to and including the “PROTECTED” level.  

Australian government agencies are under growing pressure to accelerate digital transformation efforts and increase time to market for new digital government services to improve citizen experiences while ensuring data is safe and secure. 

Many Australian government agencies currently use MongoDB on premises but want to take advantage of a fully managed experience in the cloud. With the completion of the IRAP assessment, government agencies in Australia will now be able to use MongoDB Atlas’s multi-cloud infrastructure and take advantage of embedded encryption capabilities, text-based and generative-AI-based search, and stream processing for high-volume and high-velocity data of virtually any type to quickly build modern applications for desktop and mobile with less complexity.

“MongoDB Atlas is the only platform today offering true multi-cloud capabilities, meaning that data can be stored and synchronised on multiple cloud providers at the same time, rather than on one single cloud provider, to ensure high levels of resilience for critical government services. MongoDB’s multi-region capability allows organisations to use multiple cloud regions within the same defined geographic area, which makes applications more resilient and makes data sovereignty easier,” says a company spokesperson. 

“Finally, embedded security features built-in within MongoDB Atlas provide government agencies with utmost data protection and data privacy levels. In particular, Queryable Encryption introduces an industry-first fast, searchable encryption scheme developed by the pioneers in encrypted search. The new feature means organisations can search and return encrypted data that becomes visible to application end-users only when decrypted with customer-controlled cryptographic keys, but remains encrypted in-use throughout the query process, in-transit over networks, and at-rest in storage.” 

“More than one thousand public sector customers globally rely on MongoDB to run mission-critical workloads every day and use MongoDB Atlas to transform the way they serve citizens all around the world,” the spokesperson adds. 

For example, as the COVID-19 crisis increased demand for digital services from millions of citizens and thousands of businesses overnight, the UK’s largest government department, the Department for Work and Pensions (DWP) has used MongoDB Atlas flexible document model and scale to offer its development team a new and more productive way to build applications, handle highly diverse data types and manage data efficiently at scale.

The government continues to be a growing focus for MongoDB, with the Australian IRAP assessment following last month’s launch of the MongoDB Atlas for Public Sector initiative to help government agencies and public sector organisations address unique digital transformation and cloud adoption challenges to accelerate time to mission.

“Government agencies are expected to offer citizens flawless and secure digital services, as well as easier ways to engage with government entities,” says Simon Eid, Senior Vice President, APAC at MongoDB. 

“Internally, teams are pressured to make data-driven decisions that are accurate and timely, while improving efficiency without jeopardising security. Legacy database models have become a real hindrance, and government agencies are looking at new ways to build and deliver the government services of tomorrow. Now, with the completion of the IRAP assessment, government agencies in Australia can empower their development teams to build new classes of applications that reimagine citizen experiences using MongoDB Atlas. We think this will actively contribute to Australia’s reaching its goal of being the most cyber-secure nation in the world by 2030.”

“We are pleased to see MongoDB Atlas successfully complete the IRAP assessment, enabling Australian government agencies to securely build modern applications in the cloud. This will take the partnership between Microsoft and MongoDB to a new level, creating more opportunities for our joint customers, and provide government customers with a robust and reliable platform to accelerate digital transformation efforts, enhance citizen experiences, and ensure data safety and security,” adds Lee Hickin, ANZ Chief Technology Officer, Microsoft. 

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Rubrik Appoints Jesse Green as Vice President of Sales for the Americas | WebWire

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Rubrik, the Zero Trust Data Security™ Company, announced the appointment of Jesse Green as Vice President of Sales for the Americas. Jesse brings more than 20 years of sales experience to the role, having led teams through periods of rapid growth while delivering high value for customers. 

“We are thrilled to bring Jesse on board,” said Brian McCarthy, Chief Revenue Officer at Rubrik. “His experience with scaling sales organizations within leading technology companies and proven track record we believe will help further scale our go-to-market strategy, and help to advance Rubrik’s mission to secure the world’s data.”

Green joins Rubrik from MongoDB, a developer data platform, where he served as Senior Vice President, North America. Prior to MongoDB, he held various roles at companies including AppDynamics and BMC Software. Over his career, Green has held progressive leadership positions spanning functions including development, sales engineering, and direct sales.

“This is an exciting time for Rubrik and I’m delighted to be joining at this pivotal moment,” said Green. “As cybersecurity continues to be top of mind for leaders across every industry, I look forward to having a meaningful impact and helping more organizations become cyber resilient.”

Green’s appointment comes on the heels of Rubrik’s announced intent to acquire Laminar, a data security posture management (DSPM) company, and its ranking in the #9 spot on this year’s Forbes Cloud 100 list. Rubrik was also named a Leader and positioned furthest in vision in the 2023 Gartner® Magic Quadrant™ for Enterprise Backup and Recovery Software Solutions.

The addition of Green expands Rubrik’s leadership team of industry experts, including Andres Botero who was recently named Rubrik’s Chief Marketing Officer. The company also recently announced two board appointments: former Microsoft Chairman John W. Thompson as Lead Independent Director, and former Palo Alto Networks CEO Mark McLaughlin as a board member.

About Rubrik
Rubrik is on a mission to secure the world’s data. With Zero Trust Data Security™, Rubrik helps organizations achieve business resilience against cyberattacks, malicious insiders, and operational disruptions. Rubrik Security Cloud, powered by machine learning, secures data across enterprise, cloud, and SaaS applications. Rubrik helps organizations uphold data integrity, deliver data availability that withstands adverse conditions, continuously monitor data risks and threats, and restore businesses with their data when infrastructure is attacked.

For more information please visit www.rubrik.com and follow @rubrikInc on X (formerly Twitter) and Rubrik on LinkedIn.

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A Brief DevOps History: Databases to Infinity and Beyond, Part 2 – The New Stack

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<meta name="x-tns-categories" content="Data / Storage“><meta name="x-tns-authors" content=" and “>

A Brief DevOps History: Databases to Infinity and Beyond, Part 2 – The New Stack

Is Python Getting too Complicated for New Users?

Efforts like the Cython project and the removal of the Global Interpreter Lock aim to gear Python for faster, high-throughput data analysis, but also introduce additional complexity.

No way: The improvements are much needed, backward compatible and optional to use.

0%

Yes: Python’s chief value is its simplicity, not its speed. Production can be executed with R, or C++ or some other performant language.

0%

Who cares? Python is too problematic even for new users (blank spaces, runaway libraries, etc.). Newbies, start with JavaScript instead.

0%

Cowboy Neal (h/t, Slashdot and Jack Kerouac)

0%

2023-08-16 07:15:14

A Brief DevOps History: Databases to Infinity and Beyond, Part 2

sponsor-dell-technologies,sponsored-post-contributed,



Data

/

Storage

The pursuit of massively distributed databases that can scale horizontally into infinity has led to an explosion of specialized databases, with literally dozens of differing data models and entire products released for hyper-specific use cases.


Aug 16th, 2023 7:15am by


and
Featued image for: A Brief DevOps History: Databases to Infinity and Beyond, Part 2

This is the second of a two-part series. Read Part 1

We left off in 1979, with the release of INGRES and Oracle v2. At that point in history, databases were almost exclusively a tool built for and used by enterprises, developed according to their needs. But then the 1980s arrived (in our opinions, the most fashionable decade) and with them came the desktop computing era and some historically significant hacker movies to go with them.

Computers were no longer something that took up an entire room and required a specialized skill set to operate; they fit on your desk, they were affordable and a lot of the difficulties of interacting with one had been abstracted away.

Initially, a handful of different lightweight databases jockeyed for dominance in the desktop market. When IBM was developing its DOS-based PCs, it commissioned a DOS port of dBase. The IBM PCs were released in 1981 with dBase as one of the first pieces of software available, and it rocketed into popularity.

Interestingly, there is no dBase I — it was originally released as Vulcan and renamed when it was re-released. The name “dBase II” was chosen solely because the “two” implies a second, and thus less-buggy, release. The marketing stunt worked, and dBase II was destined for dominance.

dBase logo

dBase abstracted away a lot of the required but boring and technically complex aspects of interacting with a database, like opening and closing files and managing the allocation of storage space. This ease of use, relative to its predecessors, secured its place in history. Entire businesses sprung up around it, with multiple databases built on top of it and the associated programming language, but none was initially able to unseat it.

dBase remained one of the top-selling pieces of software throughout the ’80s and most of the ’90s, until a single bad release very nearly killed it.

In the 1990s, changes in the way we think about software development pushed databases in a slightly different direction. Object-oriented programming became the dominant design paradigm, and this necessitated a change in the way databases handle data.

Since we began thinking of both our code and our data as reusable objects with associated attributes, we needed to interact with the data in a slightly different way than a lot of databases at the time allowed out of the box. Additional abstraction layers become necessary so that we can think about what we’re doing rather than the specific implementation. This is how we got object-relational mapping tools (ORMs).

Visual FoxPro logo

To answer the needs of object-oriented programming, Microsoft acquired FoxPro and subsequently built Visual FoxPro based on it with support for some object-oriented design features. That acquisition gave them something even more important, though — FoxPro’s query optimization routines, which were built into Microsoft Access, almost immediately making it the most widely-used database in Windows environments.

In 1995, Access began shipping as part of the standard Microsoft Office suite rather than a standalone product, increasing its spread further and solidifying its dominance in the Windows market.

In the 2000s, the widespread popularity of the internet and an ever-present need to scale wider than ever before forced another innovation in databases and NoSQL entered the ring, but let’s go into the name first.

Carlo Strozzi originally used the name “NoSQL” in 1998 for a lightweight database he was developing, but it bears no resemblance to the NoSQL of today. Strozzi was still building a relational database; it just didn’t use SQL. Instead, it used shell scripts. According to Strozzi, today’s NoSQL should more accurately be called NoRel.

The term made a comeback in 2009 thanks to Johan Oskarsson at an event he held in response to the emergence and growth of some new technologies in databases: Google’s BigTable and Amazon’s DynamoDB, as well as their open source clones.

“Open source distributed, non-relational databases” was a bit too wordy and not pithy enough for a Twitter hashtag, though, so Eric Evans of Rackspace suggested an alternative: NoSQL. It took off, and the rest is history.

Back to the technology itself: While relational databases focus on ACID (atomicity, consistency, isolation, durability), non-relational databases focus on CAP (consistency, availability, partition tolerance) theorem. The idea is that no distributed system is immune to network failures by its very nature, so you may only have two of the three. When a failure occurs, a choice has to be made to ensure consistency by canceling the operation, which sacrifices availability, or ensure availability by continuing with the operation, sacrificing consistency.

Most distributed databases address this shortfall by offering “eventual consistency,” wherein changes aren’t necessarily propagated to all nodes at the same time, but within a few milliseconds of one another.

NoSQL

Usually, when people think about a NoSQL database, they’re thinking about something using a document model, similar to MongoDB. The playing field is much wider than that, though — we have several different flavors of key-value databases like Redis, wide column stores like DynamoDB, graph databases like Neo4j, hybrid databases that implement all these models like CosmosDB and more. These all have different strengths, weaknesses and use cases, but they all store denormalized data and generally do not support joint operations.

The pursuit of massively distributed databases that can scale horizontally into infinity has led to an explosion of specialized databases, with literally dozens of differing data models and entire products released for hyper-specific use cases. Technically, the world wide web itself is a large, distributed hypertext database.

Between the variety of relational and non-relational databases available today, the modern era is the database era. Nearly every action we take to interact with the world today is a database action made possible in large part by technology that originated before most of the people building the tools of the future were even born, with decades of iterative growth in between, and we’re moving faster than ever before. What will speed and scale mean to us in another 60 years?

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TNS owner Insight Partners is an investor in: Pragma.

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COVID-19 Impact Analysis of Database Maintenance Software Market 2031 – The Chaminade Talon

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Global Database Maintenance Software Market Growth (Status and Outlook) 2022-2028

The research report “Database Maintenance Software market Insights” is currently available on Orbisresearch.com.

The global Database Maintenance Software market study is a thorough research that offers details on the market’s present situation, the potential for growth, and trends. The study discusses a number of important topics, including market size, demand, growth, and key competitors’ business strategies. The research seeks to offer a thorough understanding of the market and its opportunities to investors, stakeholders, and market participants.

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Several research methodologies, including primary and secondary research, were used in the preparation of the global Database Maintenance Software report. Analyzing data from numerous sources, including company reports, journals, and websites, is a component of secondary research. A SWOT analysis and Porter’s Five Forces assessment are also included in the report to help readers better comprehend the environment of competition in the market. Market segmentation, Porter’s Five Forces analysis, and other complex analytical methods were also employed to provide a comprehensive picture of global market trends and the competitive landscape.

   Key Players in the Database Maintenance Software market report:

Couchbase
SolarWinds
Oracle
IBM
Altibase
Microsoft
SAP
Teradata
Software AG
Amazon
Quickbase
Zoho
Airtable
Google
MongoDB

It is anticipated that the market for the worldwide Database Maintenance Software report will be worth a total of USD XX billion in 2023 and will grow at a CAGR of X.X% from 2023 to 2031. The market is expanding as a result of increased e-commerce, growing digital marketing techniques, and a rising need for Database Maintenance Software research tools.

The global Database Maintenance Software study offers insightful information on the market’s state, trends, and potential for expansion. Investors should consider purchasing the global Database Maintenance Software report, which provides a comprehensive analysis of the market’s current trends, development drivers, challenges, and opportunities. The report also includes detailed profiles of major market participants and their plans to remain competitive, assisting investors in making well-informed investment decisions. The report also provides insights into the market’s potential growth areas and emerging trends, assisting investors in developing long-term investment plans. Using the information provided in the study, investors can assess the risks and opportunities associated with investing in the sector. Academics and business experts can also use the report as a resource for market research and analysis. Additionally, the report includes a competitive landscape analysis that aids businesses in staying one step ahead of their rivals.

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Database Maintenance Software Market Segmentation:

 

Database Maintenance Software Market by Types:

On-Premise
Cloud Based

Database Maintenance Software Market by Applications:

Large Enterprises
SMEs 

The global Database Maintenance Software study offers a thorough analysis of the market’s opportunities and growth potential, so investors should invest in it. In order to assist investors in making knowledgeable decisions, the research also offers a thorough analysis of key companies, market share, and the competition environment. A number of services, including market analysis, market segmentation, competition analysis, and company profiles, are offered by the global Database Maintenance Software research. Market trends, market size, market share, and growth potential are also included in the research.

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Global Retirement Partners LLC Has $30000 Position in MongoDB, Inc. (NASDAQ:MDB)

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Global Retirement Partners LLC increased its position in MongoDB, Inc. (NASDAQ:MDBFree Report) by 346.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 134 shares of the company’s stock after buying an additional 104 shares during the period. Global Retirement Partners LLC’s holdings in MongoDB were worth $30,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in MDB. 1832 Asset Management L.P. increased its holdings in MongoDB by 3,283,771.0% in the fourth quarter. 1832 Asset Management L.P. now owns 1,018,000 shares of the company’s stock worth $200,383,000 after buying an additional 1,017,969 shares during the last quarter. Renaissance Technologies LLC grew its holdings in MongoDB by 493.2% during the fourth quarter. Renaissance Technologies LLC now owns 918,200 shares of the company’s stock valued at $180,738,000 after purchasing an additional 763,400 shares during the last quarter. Norges Bank acquired a new position in MongoDB during the fourth quarter valued at approximately $147,735,000. William Blair Investment Management LLC grew its holdings in MongoDB by 2,354.2% during the fourth quarter. William Blair Investment Management LLC now owns 387,366 shares of the company’s stock valued at $76,249,000 after purchasing an additional 371,582 shares during the last quarter. Finally, First Trust Advisors LP grew its holdings in MongoDB by 72.9% during the fourth quarter. First Trust Advisors LP now owns 613,818 shares of the company’s stock valued at $120,935,000 after purchasing an additional 258,783 shares during the last quarter. Institutional investors and hedge funds own 89.22% of the company’s stock.

MongoDB Stock Up 0.8 %

Shares of NASDAQ MDB opened at $367.34 on Wednesday. The stock has a market cap of $25.93 billion, a PE ratio of -78.66 and a beta of 1.13. The business has a fifty day moving average of $393.72 and a two-hundred day moving average of $292.07. MongoDB, Inc. has a 52-week low of $135.15 and a 52-week high of $439.00. The company has a debt-to-equity ratio of 1.44, a quick ratio of 4.19 and a current ratio of 4.19.

MongoDB (NASDAQ:MDBGet Free Report) last issued its quarterly earnings data on Thursday, June 1st. The company reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.38. The company had revenue of $368.28 million during the quarter, compared to analysts’ expectations of $347.77 million. MongoDB had a negative return on equity of 43.25% and a negative net margin of 23.58%. The business’s revenue was up 29.0% on a year-over-year basis. During the same period last year, the business earned ($1.15) earnings per share. As a group, equities research analysts expect that MongoDB, Inc. will post -2.8 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have commented on MDB shares. 22nd Century Group reiterated a “maintains” rating on shares of MongoDB in a report on Monday, June 26th. 58.com reiterated a “maintains” rating on shares of MongoDB in a report on Monday, June 26th. JMP Securities increased their price target on MongoDB from $400.00 to $425.00 and gave the company an “outperform” rating in a report on Monday, July 24th. Stifel Nicolaus raised their price objective on shares of MongoDB from $375.00 to $420.00 in a research note on Friday, June 23rd. Finally, VNET Group restated a “maintains” rating on shares of MongoDB in a research note on Monday, June 26th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty have given a buy rating to the company’s stock. According to data from MarketBeat, MongoDB currently has an average rating of “Moderate Buy” and a consensus price target of $378.09.

Get Our Latest Research Report on MDB

Insider Buying and Selling at MongoDB

In related news, CAO Thomas Bull sold 516 shares of MongoDB stock in a transaction dated Monday, July 3rd. The stock was sold at an average price of $406.78, for a total value of $209,898.48. Following the completion of the transaction, the chief accounting officer now directly owns 17,190 shares of the company’s stock, valued at $6,992,548.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, CFO Michael Lawrence Gordon sold 2,197 shares of MongoDB stock in a transaction dated Monday, July 3rd. The stock was sold at an average price of $406.79, for a total value of $893,717.63. Following the completion of the transaction, the chief financial officer now directly owns 101,509 shares of the company’s stock, valued at $41,292,846.11. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Thomas Bull sold 516 shares of MongoDB stock in a transaction dated Monday, July 3rd. The shares were sold at an average price of $406.78, for a total value of $209,898.48. Following the completion of the transaction, the chief accounting officer now directly owns 17,190 shares of the company’s stock, valued at $6,992,548.20. The disclosure for this sale can be found here. Over the last three months, insiders sold 102,220 shares of company stock valued at $38,763,571. 4.80% of the stock is currently owned by company insiders.

About MongoDB

(Free Report)

MongoDB, Inc provides general purpose database platform worldwide. The company offers MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premise, or in a hybrid environment; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB.

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Institutional Ownership by Quarter for MongoDB (NASDAQ:MDB)



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MongoDB releases Queryable Encryption – – Enterprise Times

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At its latest developer conference, MongoDB has announced the general availability of Mongo Queryable Encryption. The company claims it is a first-of-its-kind technology that helps protect sensitive data when it is queried and in use on MongoDB.

According to Sahir Azam, Chief Product Officer at MongoDB, “Protecting data is critical for every organization, especially as the volume of data being generated grows and the sophistication of modern applications is only increasing. Organizations also face the challenge of meeting a growing number of data privacy and customer data protection requirements.

“Now, with MongoDB Queryable Encryption, customers can protect their data with state-of-the-art encryption and reduce operational risk—all while providing an easy-to-use capability developers can quickly build into applications to power experiences their end-users expect.”

What is this about?

Organisations have invested very large sums of money in encrypting their data. It’s encrypted at rest and when in transit. But, it is still vulnerable when in use, such as being queried, because to query data, most systems assume that it has to be in clear.

There are solutions to that, such as partial and fully homomorphic encryption, which have been around for years. The former allows for limited operations on data to be encrypted and then applied to the data without decrypting it. The latter, which underpins a growing body of privacy-enhancing technologies, encrypts complex searches and applies that to the data without decrypting it.

What MongoDB is looking to do is join that select band of vendors who do not decrypt data and therefore keep it encrypted through its lifecycle.

How does it work?

It is important to note that this is not a whole data solution, unlike some others on the market. That is important because it makes this more flexible and less resource intensive than some others. Nor, it seems, is MongoDB using a ladder encryption option such as that used by homomorphic encryption schemes.

The solution works by allowing organisations to tag fields with sensitive data that need to be protected. Typically these will be fields such as name, address, account number, account balance, and effectively anything that can be considered Personally Identifiable Information (PII). Organisations can choose to go further, but the flexibility here allows them to match what they protect to regulatory requirements.

MongoDB Queryable Encryption (Image Credit: MongoDB)
MongoDB Queryable Encryption

When the user requests the data, it stays encrypted until it hits the application that they are using to view the data. That application will have access to the decryption key for the data and will only decrypt it for the application. The same is true in reverse. When the user creates the data in the app, if the data is going into an encrypted field, it will encrypt that data before sending it to the database.

Another key factor here is that everything is provided for the developer to use. There is no complex coding required; developers just simply use the encryption hooks required. It’s a simple and effective approach.

How secure is the cryptography?

As with all cryptographic solutions these days, there is always the question of, how secure is this? Rather than get into complex debates as to quantum-safe or what is required to crack the encryption, MongoDB has taken a different approach.

In the press release, the company states, “The MongoDB Cryptography Research Group developed the underlying encryption technology behind MongoDB Queryable Encryption and is open source. Organizations can freely examine the cryptographic techniques and code behind the technology to help meet security and compliance requirements.

“MongoDB Queryable Encryption can be used with AWS Key Management Service, Microsoft Azure Key Vault, Google Cloud Key Management Service, and other services compliant with the key management interoperability protocol (KMIP) to manage cryptographic keys. The general availability of MongoDB Queryable Encryption includes support for equality queries, with additional query types (e.g., range, prefix, suffix, and substring) generally available in upcoming releases.”

It is a welcome level of transparency around the work MongoDB has done. It is also good news for its customers as to the number of key management solutions it is supporting out of the box.

Enterprise Times: What does this mean?

Despite the billions spent on encrypting data, all too often, the weaknesses in how we use the data defeat the encryption. Over the last few years, attention has finally begun to be paid to the encryption lifecycle of data. It means that the gaps we know about are beginning to be addressed.

What is interesting here is that the solution is designed to be developer and user-friendly. By removing many of the coding hurdles for developers, MongoDB is making it easy for companies to improve data safety. Such a move is likely to be followed by its competitors in time, but for now, MongoDB has the high ground.

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MongoDB Unveils End-to-End Data Encryption – ReadITQuik

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Enhancing user data security, MongoDB announced the general availability of its end-to-end data encryption feature – MongoDB Queryable Encryption. This innovation helps enterprises secure sensitive data when it is queried and used on MongoDB.

MongoDB’s Queryable Encryption lowers enterprise data exposure risk and enhances developer efficiency through integrated encryption for sensitive workflows, eliminating cryptography expertise needs.

The launch of MongoDB Queryable Encryption allows customers to protect sensitive workloads in regulated sectors such as finance, healthcare, government and critical infrastructure services. It encrypts data during processing and usage.

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