Month: January 2024

Posted on nosqlgooglealerts. Visit nosqlgooglealerts

Graph databases are crucial for GenAI and ML due to their proven efficiency in managing highly connected data structures. Unlike traditional relational databases, they excel in storing and querying complex relationships, making them essential for AI and machine learning tasks. 

The associativity of nodes in a graph enhances feature extraction and accelerates data retrieval, which is vital for training ML models on expensive GPUs. Graph databases also contribute to more precise AI and machine learning application results, surpassing standard datasets. 

Their visualisation capabilities are highly valued for data analysis, making them suitable for leveraging generative AI and handling interconnected data. 

The increasing prevalence of graph databases in GenAI and ML is attributed to their efficiency, focus on relationships, visualisation capabilities, and seamless integration with AI and machine learning processes.

Here is a list of the top graph databases in 2024.

Amazon Neptune

Amazon Neptune stands out as a fully managed graph database service, offering a purpose-built, high-performance engine optimised for storing vast relationships. It supports graph models like Property Graph and W3C’s RDF and their respective query languages. 

Recommended for fraud detection and network security applications, Amazon Neptune provides a robust foundation for building and running applications that work with highly connected datasets.

IBM Graph

IBM Graph is an enterprise-grade property graph as a service built on open-source technologies. It allows organisations to store, query, and visualise data points, connections, and properties in a property graph. 

With a focus on always-on service, IBM Graph is designed to scale on-demand as data complexity increases. This scalability makes it suitable for enterprises dealing with evolving and expanding datasets.

Azure Cosmos DB

Azure Cosmos DB is a fully managed NoSQL database service by Microsoft that offers automatic scalability and open-source APIs for MongoDB and Cassandra. It enables near real-time analytics and AI on operational data within existing SQL databases. 

Ideal for modern application development with varying workloads, Azure Cosmos DB provides users with flexibility and performance backed by SLAs and serverless options for cost-effective scalability.

Neo4j

Neo4j provides a graph database facilitating understanding of data relationships, especially regarding people, processes, and systems. Natively storing interconnected data, Neo4j supports high-performance graph queries on large datasets. 

Its property graph model makes it easier for organisations to evolve machine learning and AI models, making Neo4j a valuable asset for those seeking insights from intricate relationships within their data.

Oracle Spatial and Graph

Part of Oracle’s converged database offering, Oracle Spatial and Graph, includes Graph Studio for easy provisioning and integrated tooling. It automates graph data management and simplifies lifecycle modelling, analysis, and visualisation. 

Supporting both property and RDF knowledge graphs, Oracle’s solution is integrated into the broader Oracle Autonomous Database, providing users with comprehensive support for diverse graph data use cases.

Redis Enterprise

Redis Enterprise by Redis Labs leverages modern in-memory technologies for deployment over cloud and on-prem data centres. It supports native data structures, offering data modelling techniques for graphs, documents, and machine learning. 

Known for strategic partnerships with vendors such as Pivotal and Red Hat, Redis Enterprise caters to organisations seeking real-time capabilities and efficient data handling.

TigerGraph

TigerGraph offers a graph database platform for enterprise applications, supporting real-time deep link analytics. Finding applications in IoT, AI, and machine learning for making sense of large data volumes, TigerGraph provides personalised recommendations, fraud prevention, supply-chain logistics, and company knowledge graph. 

Its focus on real-time analytics positions it as a valuable tool for organisations dealing with dynamic and fast-changing data.

AnzoGraph DB

AnzoGraph DB is a massively parallel processing graph database designed to hasten data integration analytics. It includes various functions for line-of-business analytics and graph and data science algorithms. 

Enabling in-graph feature engineering and transformations, AnzoGraph DB is tailored for organisations seeking advanced capabilities for analytics within their graph data.

DataStax Enterprise

DataStax offers a distributed hybrid cloud database built on Apache Cassandra. DataStax Enterprise eliminates the complexity of deploying applications across multiple on-prem data centres or public clouds. 

Powering mission-critical applications, DataStax Enterprise eliminates data silos and cloud vendor lock-in, providing enterprises with a scalable and robust solution for their diverse data management needs.

As organisations navigate the intricate web of interconnected data, these graph databases emerge as essential tools, each offering unique features and capabilities catering to diverse needs in data management.

Article originally posted on InfoQ. Visit InfoQ

Recognizing the challenges faced by frontend developers, the Norwegian Labour and Welfare Administration decided to build a dedicated platform to address their needs. It offers services like a CDN for static content delivery, an observability stack for monitoring and debugging, and feature management using Unleash. The platform is treated as a product, prioritizing user needs, collaboration, and learning, to drive adoption and improve the developer experience.

Andreas Nordahl and Hans Kristian Flaatten spoke about building a platform for frontend development at NDC Oslo 2023.

In today’s digital landscape, it’s important to provide dedicated platforms to support developers, Flaatten said. The Norwegian Labour and Welfare Administration (NAV) has embraced smaller stable and autonomous teams. These teams are working within a specific subdomain of NAV and own the entire life-cycle of the product they are building, Flaaten mentioned.

The NAV frontend platform is built on top of the existing NAIS application platform. It provides a set of services tailored to frontend development, as Nordahl explained:

We started by establishing a Content Delivery Network (CDN) for efficiently delivering static assets. It is fully integrated with our CI pipelines making it super simple for teams to get started.

After this, observability became the most critical aspect, where frontend applications did not get much support from the existing tools. Nordahl mentioned that they leveraged their existing Grafana-stack to collect frontend logs, exceptions, performance metrics, and tracing with a few adjustments.

Another thing that was added was feature management. Using Unleash, it allows teams to implement and control feature toggles, facilitating safe testing and easy reversion of changes.

The frontend platform offers extensive support for software developers, Flaatten explained:

By providing services such as the CDN, observability stack, and feature management, we empower developers to build, monitor, and optimize frontend applications effectively. We emphasize self-service, ensuring that development teams can utilize the services without heavy reliance on us.

Clear and intuitive interfaces, along with comprehensive documentation and guides, further enhance the developer experience and drive adoption of the platform, Flaatten mentioned.

Nordahl mentioned that, to drive adoption they actively engage with development teams, seeking feedback, addressing concerns, and showcasing the platform’s capabilities. This proactive approach fosters a culture of collaboration and learning, driving adoption and continuous improvement, he said. They provide comprehensive documentation, guides, and cultivate a strong community to support onboarding efforts and raise awareness of the platform’s benefits.

To accommodate different frontend technologies without imposing technology limitations on application teams, they explored emerging standards like Web Components, WebAssembly, and OpenTelemetry, Flaatten mentioned. This approach enabled them to create services that could be consumed by any frontend application, while still allowing teams to make their technology choices.

InfoQ interviewed Andreas Nordahl and Hans Kristian Flaatten about building a platform for frontend development.

InfoQ: What made you decide to build a platform for frontend development?

Andreas Nordahl: Within our environment of over 100 cross-functional product teams, frontend development presented some unique challenges as each of them are responsible for their own presentation to their users. While the reusable frontend components of our design system are valuable, they only address a fraction of the needs of our frontend developers.

Our existing application platform, NAIS, lacked the necessary support required for frontend applications causing more cognitive load on frontend developers. Recognizing these challenges, we identified the need for dedicated frontend platform services to improve the overall developer experience.

InfoQ: What challenges did you face?

Nordahl: One challenge was hiring frontend developers with the necessary expertise to leverage the platform effectively. We recognized that providing tools alone was insufficient; supporting teams in acquiring the required skills was equally important. Alongside our hiring efforts, we focused on fostering a supportive community, creating comprehensive guides and documentation, and developing tools to empower new frontend developers.

InfoQ: What’s next?

Hans Kristian Flaatten: Frontend observability will continue to be a focus area as performance metrics can help teams improve their application’s performance and reduce complexity. Technologies like Web Components offer exciting possibilities for building micro frontends, enabling encapsulated and reusable code that can function independently.

Posted on mongodb google news. Visit mongodb google news

University of Limerick and software company MongoDB have announced a new scholarship that will fund a ‘bold initiative’ promoting equality, diversity, and inclusion in software engineering.

The purpose of the scholarship, which will be funded by MongoDB, is to promote equality, diversity and inclusion in software engineering for students on UL’s innovative Immersive Software Engineering (ISE) programme.

ISE is a transformational teaching and research initiative that aims to rethink and disrupt computer science education. Students learn by doing, working on projects and in paid residencies at some of ISE’s more than fifty partner organisations. They will also achieve a Masters’ qualification in four years.

MongoDB has tens of thousands of customers in over 100 countries with its international headquarters in Dublin. The software company has a mission to empower innovators to create, transform, and disrupt industries by unleashing the power of software and data.

Built by developers, for developers, its developer data platform is a database with an integrated set of related services that allow development teams to address the growing requirements for today’s wide variety of modern applications, all in a unified and consistent user experience.

The scholarship of €10,000 will assist recipients with tuition fees, books and other educational expenses, and will specifically support diversity within the ISE programme across each of the diversity characteristics set out in the Equal Status Act.

Speaking about the importance of the scholarship and the impact on diversity within software engineering, Professor Stephen Kinsella, ISE Co-Director and Head of Department of Economics at the Kemmy Business School in UL, explained: “Immersive Software Engineering is about doing software engineering differently. That means many things, and core to the basic idea of ISE is needing different people, from different backgrounds, who think differently, to work and learn together in a shared space to help create the future.

“Promoting diversity and inclusion in software engineering and the Information and Communication Technology sector are key elements of both the MongoDB and ISE missions, with both groups strongly committed to ensuring careers and education within the sector are accessible to all.

“The scholarship also aligns with UL’s overarching Equality, Diversity and Inclusion strategy, in that it promotes equality of access to higher education,” Professor Kinsella added.

Rita Rodrigues, Director of Developer Relations at MongoDB, said: “We are so proud to support and fund UL’s new Immersive Software Engineering scholarship—a bold initiative promoting equality, diversity, and inclusion in software engineering.

“At MongoDB, I have experienced firsthand the strength and innovation that comes from diverse perspectives. We don’t just talk about diversity and inclusion; we live it every day. It’s in our culture, our policies, and in the opportunities we provide. This partnership with UL underscores our dedication to building a technology industry that embraces diverse voices.

“As someone who has personally benefited from and contributed to our inclusive culture, I am thrilled to extend these values and opportunities to the next generation of innovators, empowering them to create groundbreaking solutions with software and data.”

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

Article originally posted on InfoQ. Visit InfoQ

AWS recently announced that Amazon EventBridge Event Bus supports AWS AppSync as an Event Bus’s target, enabling developers to stream real-time updates such as sports scores from their applications to frontend applications, including mobile and desktop.

Amazon EventBridge is a serverless event bus that allows AWS services, Software-as-a-Service (SaaS), and custom applications to communicate with each other using events. Within the service, developers can set up rules to determine where to send their data, allowing applications to react to changes in your data as they occur.

EventBridge includes two ways to process events: event buses and pipes. An event bus is a router that receives events and delivers them to zero or more destinations or targets. One of the targets the EventBridge service supports is AWS AppSync – a fully-managed service that enables developers to build digital experiences based on real-time data. Earlier, the company supported publishing events from AppSync to Amazon EventBridge.

Amazon Event Bus Overview (Source: EventBridge Event bus documentation)

AppSync as a target, when integrated with EventBridge’s enhanced end-to-end latencies, enables developers to easily stream near real-time data from their applications to various endpoints, including enterprise applications, web and mobile apps, IoT devices, and real-time dashboards.

Nick Smit, a principal product manager for Amazon EventBridge, explained in a tweet on X:

AppSync makes it easy to do WebSocket subscriptions (even if you aren’t familiar with GraphQL). With our latency improvements on the event bus and WebSocket publishers and consumers, I think there are some really compelling architectures we can build. Events stream in from a WebSocket client to the bus, consumers on the bus react to those events and process them, and then emit events back to the bus that are picked up by the WebSocket client. This removes all of the tight coupling between frontend and backend that typically happens over synchronous API calls today.

Since its inception, the company has significantly invested in the service with features like schema registry, scheduler, and pipes reported on InfoQ earlier. The support for AWS AppSync as an Event Bus’s target is another one welcomed by the community.

Yan Cui, an AWS Serverless Hero, tweeted:

Nice, EventBridge now supports AppSync as a target. This is super useful for those times when you need to notify users of some background things happening via subscriptions.

Lastly, AppSync as a target is available at no additional charge for customers across all AWS Regions where EventBridge and AppSync are available. More information is available in the EventBridge documentation and AppSync documentation.

Article originally posted on InfoQ. Visit InfoQ

A recent decision by the US Supreme Court forces Apple to make it possible for iOS and iPad apps to link to alternative payment systems. The decision only applies to apps published in the US App Store and raised some debate since Apple still wants to collect a commission on external purchases.

As a consequence of the US Supreme Court decision, Apple has published a new version of its Review Guidelines, which clarifies how developers are allowed to take advantage of alternative purchase methods (see section 3.1.1(a), Link to Other Purchase Methods).

Developers may apply for an entitlement to provide a link in their app to a website the developer owns or maintains responsibility for in order to purchase such items.

After receiving an email confirmation that the entitlement has been granted, developers will need to configure their apps App ID to support the entitlement and then update their Xcode projects to include it and its associated metadata. The external purchase link itself must be statically defined in the app’s Info.plist file.

To be granted the StoreKit External Purchase Link Entitlement required to display external purchase links, developers need to comply with specific terms.

In order to display the external purchase link, apps need to use specific StoreKit APIs to check that the user may authorize payments, to ensure they are buying on the US App Store, and in this case, display a disclosure message. The external link may only be displayed once in the app and never from an interstitial, modal, or pop-up view, nor any view related to the app’s regular purchase flow. Apple also specifies several other requirements aimed at protecting user privacy and security, such as not including additional parameters in the external link URL, nor using redirects or landing pages.

Possibly the most surprising part of Apple’s requirements for developers wanting to include an external purchase link is that Apple will charge a commission on digital purchases initiated within seven days from the moment a user navigates to the external purchase page. Apple’s commission will be 27% on proceeds or 12% for developers participating in the Small Business Program for auto-renewal transactions in the second year or later. Developers are required to submit periodical reports and Apple can audit developer records.

As mentioned, Apple’s decision has stirred some online controversy.

According to David Heinemeier Hansson,

So now they have to allow external links, but can, and thus will, make them completely unviable.

Anyway, as Apple-focused tech blogger John Gruber noticed, these terms are “almost exactly in line with their compliance with Netherlands regulations”, in force since 2022, so Apple’s move should come as no surprise.

Epic Games founder Tim Sweeney, who led the legal battle against Apple to open the App Store to additional purchase systems as well as to allow for additional stores, described the US Supreme Court decision “a sad outcome for all developers”. He also announced that Epic Games will contest what he describes as “Apple’s bad-faith compliance plan”, focusing on the anti-competitive implications of charging 27% on purchase proceeds, forcing developers to only display the link from non-purchase-related views, and more.

As Gruber highlights, furthermore, Apple’s move will end up having a larger impact than what is desirable for the company:

Whatever revenue Apple would lose to non-commissioned web sales (for non-games) is not worth the hit they are taking to the company’s brand and reputation — this move reeks of greed and avarice — nor the increased ire and scrutiny of regulators and legislators on the “anti-Big-Tech” hunt.

Instead, he says, Apple should pursue a different way to balance its business goals with developer- and regulator-friendly guidelines, for example by applying the same rules existing for so-called “reader” apps to other kinds of apps.

Posted on mongodb google news. Visit mongodb google news

MongoDB (NASDAQ:MDB – Get Free Report)‘s stock had its “buy” rating reiterated by investment analysts at Needham & Company LLC in a research report issued on Wednesday, Benzinga reports. They currently have a $495.00 price objective on the stock. Needham & Company LLC’s price target points to a potential upside of 22.09% from the company’s current price.

Other equities research analysts have also issued reports about the stock. Wells Fargo & Company started coverage on shares of MongoDB in a report on Thursday, November 16th. They issued an “overweight” rating and a $500.00 target price for the company. Capital One Financial upgraded shares of MongoDB from an “equal weight” rating to an “overweight” rating and set a $427.00 target price on the stock in a research note on Wednesday, November 8th. Bank of America initiated coverage on MongoDB in a research note on Thursday, October 12th. They issued a “buy” rating and a $450.00 price target for the company. Royal Bank of Canada boosted their price objective on MongoDB from $445.00 to $475.00 and gave the company an “outperform” rating in a research report on Wednesday, December 6th. Finally, TheStreet upgraded MongoDB from a “d+” rating to a “c-” rating in a research report on Friday, December 1st. One research analyst has rated the stock with a sell rating, three have given a hold rating and twenty-one have issued a buy rating to the company. According to data from MarketBeat.com, MongoDB presently has a consensus rating of “Moderate Buy” and a consensus price target of $430.41.

Check Out Our Latest Stock Analysis on MongoDB

MongoDB Price Performance

NASDAQ MDB opened at $405.44 on Wednesday. The stock has a market capitalization of $29.26 billion, a price-to-earnings ratio of -153.58 and a beta of 1.23. MongoDB has a 1-year low of $179.52 and a 1-year high of $442.84. The company has a debt-to-equity ratio of 1.18, a current ratio of 4.74 and a quick ratio of 4.74. The business’s fifty day moving average price is $399.14 and its 200-day moving average price is $380.69.

MongoDB (NASDAQ:MDB – Get Free Report) last announced its earnings results on Tuesday, December 5th. The company reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.45. The company had revenue of $432.94 million during the quarter, compared to analyst estimates of $406.33 million. MongoDB had a negative net margin of 11.70% and a negative return on equity of 20.64%. The firm’s quarterly revenue was up 29.8% compared to the same quarter last year. During the same period in the previous year, the business posted ($1.23) earnings per share. On average, equities analysts predict that MongoDB will post -1.64 earnings per share for the current year.

Insider Buying and Selling

In other news, CEO Dev Ittycheria sold 100,500 shares of the stock in a transaction that occurred on Tuesday, November 7th. The stock was sold at an average price of $375.00, for a total value of $37,687,500.00. Following the sale, the chief executive officer now directly owns 214,177 shares in the company, valued at $80,316,375. The sale was disclosed in a document filed with the SEC, which is available at this link. In related news, Director Dwight A. Merriman sold 4,000 shares of the stock in a transaction that occurred on Friday, November 3rd. The stock was sold at an average price of $332.23, for a total value of $1,328,920.00. Following the transaction, the director now owns 1,191,159 shares of the company’s stock, valued at $395,738,754.57. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Dev Ittycheria sold 100,500 shares of MongoDB stock in a transaction on Tuesday, November 7th. The shares were sold at an average price of $375.00, for a total value of $37,687,500.00. Following the sale, the chief executive officer now directly owns 214,177 shares of the company’s stock, valued at $80,316,375. The disclosure for this sale can be found here. Insiders have sold 147,029 shares of company stock valued at $56,304,511 in the last ninety days. 4.80% of the stock is owned by company insiders.

Hedge Funds Weigh In On MongoDB

Several institutional investors have recently made changes to their positions in the company. GPS Wealth Strategies Group LLC purchased a new position in MongoDB during the 2nd quarter valued at about $26,000. KB Financial Partners LLC purchased a new position in MongoDB during the second quarter valued at approximately $27,000. Capital Advisors Ltd. LLC raised its stake in MongoDB by 131.0% in the second quarter. Capital Advisors Ltd. LLC now owns 67 shares of the company’s stock worth $28,000 after buying an additional 38 shares in the last quarter. BluePath Capital Management LLC purchased a new stake in MongoDB during the third quarter worth $30,000. Finally, Parkside Financial Bank & Trust boosted its position in MongoDB by 176.5% during the 2nd quarter. Parkside Financial Bank & Trust now owns 94 shares of the company’s stock valued at $39,000 after acquiring an additional 60 shares in the last quarter. Hedge funds and other institutional investors own 88.89% of the company’s stock.

MongoDB Company Profile

(Get 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.

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Before you consider MongoDB, you’ll want to hear this.

MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and MongoDB wasn’t on the list.

While MongoDB currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.

Get This Free Report

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

Posted on mongodb google news. Visit mongodb google news

Mirae Asset Global Investments Co. Ltd. lifted its position in MongoDB, Inc. (NASDAQ:MDB – Free Report) by 30.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,283 shares of the company’s stock after buying an additional 4,971 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in MongoDB were worth $7,173,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of MDB. GPS Wealth Strategies Group LLC bought a new stake in MongoDB during the second quarter valued at $26,000. KB Financial Partners LLC purchased a new position in shares of MongoDB during the second quarter worth about $27,000. Capital Advisors Ltd. LLC increased its position in shares of MongoDB by 131.0% in the second quarter. Capital Advisors Ltd. LLC now owns 67 shares of the company’s stock worth $28,000 after purchasing an additional 38 shares during the last quarter. Bessemer Group Inc. bought a new position in shares of MongoDB in the fourth quarter worth approximately $29,000. Finally, BluePath Capital Management LLC bought a new stake in MongoDB during the third quarter valued at approximately $30,000. 88.89% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on MDB. KeyCorp lowered their price objective on shares of MongoDB from $495.00 to $440.00 and set an “overweight” rating on the stock in a research report on Monday, October 23rd. Barclays raised their price target on MongoDB from $470.00 to $478.00 and gave the company an “overweight” rating in a research report on Wednesday, December 6th. Capital One Financial upgraded MongoDB from an “equal weight” rating to an “overweight” rating and set a $427.00 price objective for the company in a report on Wednesday, November 8th. Bank of America initiated coverage on MongoDB in a report on Thursday, October 12th. They set a “buy” rating and a $450.00 price objective on the stock. Finally, Piper Sandler upped their price objective on shares of MongoDB from $425.00 to $500.00 and gave the company an “overweight” rating in a research note on Wednesday, December 6th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-one have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $430.41.

Read Our Latest Research Report on MDB

Insider Activity

In other news, Director Dwight A. Merriman sold 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $345.21, for a total transaction of $345,210.00. Following the completion of the transaction, the director now directly owns 533,896 shares of the company’s stock, valued at $184,306,238.16. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, CAO Thomas Bull sold 359 shares of MongoDB stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $404.38, for a total transaction of $145,172.42. Following the transaction, the chief accounting officer now owns 16,313 shares in the company, valued at approximately $6,596,650.94. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Dwight A. Merriman sold 1,000 shares of the stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $345.21, for a total value of $345,210.00. Following the sale, the director now owns 533,896 shares of the company’s stock, valued at approximately $184,306,238.16. The disclosure for this sale can be found here. Insiders have sold a total of 147,029 shares of company stock valued at $56,304,511 over the last ninety days. 4.80% of the stock is currently owned by corporate insiders.

MongoDB Stock Up 3.5 %

NASDAQ:MDB opened at $405.44 on Wednesday. The company has a market capitalization of $29.26 billion, a PE ratio of -153.58 and a beta of 1.23. The company has a debt-to-equity ratio of 1.18, a current ratio of 4.74 and a quick ratio of 4.74. MongoDB, Inc. has a 1-year low of $179.52 and a 1-year high of $442.84. The firm’s 50-day moving average price is $399.14 and its 200-day moving average price is $380.69.

MongoDB (NASDAQ:MDB – Get Free Report) last released its quarterly earnings data on Tuesday, December 5th. The company reported $0.96 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.45. MongoDB had a negative net margin of 11.70% and a negative return on equity of 20.64%. The business had revenue of $432.94 million during the quarter, compared to analyst estimates of $406.33 million. During the same period last year, the business earned ($1.23) EPS. MongoDB’s revenue was up 29.8% compared to the same quarter last year. On average, equities analysts predict that MongoDB, Inc. will post -1.64 EPS for the current fiscal year.

MongoDB Company Profile

(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.

Featured Articles

Want to see what other hedge funds are holding MDB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MongoDB, Inc. (NASDAQ:MDB – Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Before you consider MongoDB, you’ll want to hear this.

MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and MongoDB wasn’t on the list.

While MongoDB currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You’d need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.

Get This Free Report

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

Posted on nosqlgooglealerts. Visit nosqlgooglealerts

Quest Software, a provider of systems management, data protection, and security software, has announced the general availability of Toad Data Studio.

This all-in-one platform is designed to streamline database management across multi-database platform environments. The release comes at a time when the complexity of database infrastructure is increasing and enterprises are struggling with agility and timely issue remediation, according to the company. 

Database engineering has seen a nearly threefold increase in job postings, according to job outlooks on Zippa, as many organizations still face challenges due to a lack of appropriate talent and resources. Toad Data Studio aims to fill this gap by offering a solution that goes beyond traditional tools, which often lack the flexibility needed by database engineers.

“Most organizations are finding it in their best interest to shift to a multi-source data landscape because of the flexibility and customization that comes with it,” said Bharath Vasudevan, VP of Product and Go-To-Market at Quest Software. “Toad Data Studio is made for managing even the most complex data environments that businesses rely on more and more for highly impactful insight. Various data environments are managed from one interface, and enterprises benefit from the strong backing of the wider Toad user community. Whether you’re a database engineer or administrator looking to reach across multiple data sources in one place, you’re empowered to efficiently navigate, automate, and economize the flow of data.”

Toad Data provides features that enhance productivity, functionality, and visualization, allowing connection to nearly every database in an IT environment. 

Toad Data Studio offers users the ability to connect, navigate, and manage a wide array of database platforms. This includes support for cloud and on-premises sources, as well as relational, data warehouse, and NoSQL sources, providing unparalleled flexibility in database management. 

The platform further enhances user experience with an advanced SQL Editor, which supports the generation, editing, and reviewing of database objects and queries but also accommodates both JSON and XML fields. This feature significantly broadens the tool’s applicability in diverse data environments.

Toad Data Studio also simplifies routine tasks through an automation engine, allowing users to focus on more complex, value-added activities that drive business operations. The platform includes data comparison features, enabling users to effortlessly compare data results across different queries or environments.

It offers data profiling, allowing for the visual examination and sampling of datasets to identify patterns, duplicates, and other key attributes. The tool also facilitates schema comparison and syncing, making it easier for data stewards and developers to maintain consistency and accuracy in their databases. 

The import/export functionality for simple Extract, Load, Transform (ELT) processes further enhances the tool’s efficiency, streamlining the movement of data between systems as required by database professionals.

Posted on mongodb google news. Visit mongodb google news

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

Posted on mongodb google news. Visit mongodb google news

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