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Customers are increasingly selecting MongoDB’s Atlas cloud database as a key platform to both build and run new AI applications.

As companies have shifted more of their computing tasks to cloud providers, their payments to Amazon Web Services, Microsoft, Google and others have become a…

/PRNewswire/ -- The "Global Cloud Database and DBaaS Market - Analysis By Database Type (SQL, NOSQL), Deployment Model (Private, Public, Hybrid), Enterprise...

/PRNewswire/ -- The future of the cloud database and DBaaS market looks promising with continued growth, multi-cloud and hybrid deployments, integration with...

According to a recent report, the Cloud Database and DBaaS Market grew at 11% CAGR from 2019 to 2022. It is expected to grow at 15% CAGR to reach $40 billion by 2029 from $16 billion in 2022. MongoDB (Nasdaq: MDB) recently reported its first-quarter results that surpassed market expectations. MongoDB's Financials MongoDB's revenues for the quarter grew 29% to $368.3 million, ahead of the market's forecast by 6.35%. Adjusted earnings of $0.56 per share was also ahead of the Street's forecast of $0.19 per share. By segment, Subscription revenues grew 29% to $354.7 million, an...