New Product Announcements Expand MongoDB's Data Leadership Beyond the Database

NEW YORK, June 18, 2019 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB), the leading, modern general purpose data platform, today announced new cloud services and features that will provide a better way to work with data beyond the database. The beta versions of MongoDB Atlas Data Lake and MongoDB Atlas Full-Text Search allow users to access compelling new features in a fully managed MongoDB environment with no additional infrastructure or systems to manage. Furthermore, the general availability of MongoDB Charts lets customers create charts and graphs, build and share dashboards and embed them directly into web apps to create more engaging user experiences.

MongoDB Atlas Data Lake allows customers to quickly query data on S3 in any format, including JSON, BSON, CSV, TSV, Parquet and Avro, using the MongoDB Query Language (MQL). Full-Text Search gives end users the flexibility to filter, rank and sort through their data to quickly surface the most relevant results, without having to pair their database with an external search engine and be forced to learn, scale, manage and support two entirely separate systems. MongoDB Charts is generally available to both Atlas and on-premises customers, providing them with the fastest and easiest way to create real-time visualizations of MongoDB data.

"Our new offerings radically expand the ways developers can use MongoDB to better work with data," said Dev Ittycheria, CEO and President, MongoDB. "We strive to help developers be more productive and remove infrastructure headaches --- with additional features along with adjunct capabilities like full-text search and data lake. IDC predicts that by 2025 global data will reach 175 Zettabytes and 49% of it will reside in the public cloud. It's our mission to give developers better ways to work with data wherever it resides, including in public and private clouds."

Extend the Popularity of MQL

Developers love the MongoDB Query Language because it is so expressive, allowing them to query data any way they want - from simple lookups and range queries to creating sophisticated processing pipelines for data analytics and transformations, JOINs, geospatial processing and graph traversals. By bringing the MongoDB Query Language to the MongoDB Atlas Data Lake, developers can now use that same query language across data on S3, making querying massive data sets easy and cost-effective.

Give Developers the Best Data Lake for Cloud

More and more data is being stored in the cloud. However, the complexity of Hadoop and the rigidity of traditional data warehouses make it increasingly difficult and expensive to get value from rich, modern data in the cloud.

With MongoDB Atlas Data Lake, customers simply need to provide access to existing S3 storage buckets with a few clicks from the MongoDB Atlas console and they can run queries and explore their data using the power of MQL. Atlas Data Lake is completely serverless, so there is no infrastructure to set up, manage or optimize, and customers pay only for the queries they run when actively working with the data. Availability of MongoDB Atlas Data Lake on Google Cloud Storage and Azure Storage is planned for the future.

Remove Search Complexity with Atlas Full-Text Search

Atlas Full-Text Search provides rich text search capabilities based on Apache Lucene 8 against fully managed MongoDB databases with no additional infrastructure or systems to manage. Once indexes have been created using either the Atlas UI or API, developers can run sophisticated search queries using MQL, saving significant effort, time, and money.

Visualize MongoDB Data Natively

Visualizing data using charts, maps and dashboards is essential in order to unlock business insights from massive data collections and make them accessible to users. Available as a managed service in MongoDB Atlas, or downloadable to run on-premises, MongoDB Charts includes powerful new features, such as:

    --  Embedded charts in external web applications
    --  Geospatial data visualization with new map charts
    --  Built-in workload isolation to eliminate the impact of analytics queries
        on an operational application

Further Resources:

    --  MongoDB World Live Blog
    --  Learn more about Atlas Data Lake
    --  Learn more about Atlas Full-Text Search
    --  More news from MongoDB World:
        --  MongoDB Unveils Vision for the Development Platform Realm
        --  MongoDB 4.2 Adds Distributed Transactions, Field Level Encryption,
            Updated Kubernetes Operator and More to the Leading, Modern, General
            Purpose Database

About MongoDB

MongoDB is the leading modern, general purpose data platform, designed to unleash the power of software and data for developers and the applications they build. Headquartered in New York, MongoDB has more than 14,200 customers in over 100 countries. The MongoDB database platform has been downloaded over 70 million times and there have been more than one million MongoDB University registrations.

Forward-Looking Statements

This press release includes certain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, or the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements concerning the anticipated benefits of new services and product features. These forward-looking statements include, but are not limited to, plans, objectives, expectations and intentions and other statements contained in this press release that are not historical facts and statements identified by words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "project," "will," "would" or the negative or plural of these words or similar expressions or variations. These forward-looking statements reflect our current views about our plans, intentions, expectations, strategies and prospects, which are based on the information currently available to us and on assumptions we have made. Although we believe that our plans, intentions, expectations, strategies and prospects as reflected in or suggested by those forward-looking statements are reasonable, we can give no assurance that the plans, intentions, expectations or strategies will be attained or achieved. Furthermore, actual results may differ materially from those described in the forward-looking statements and are subject to a variety of assumptions, uncertainties, risks and factors that are beyond our control including, without limitation: our limited operating history; our history of losses; failure of our database platform to satisfy customer demands; the effects of increased competition; our investments in new products and our ability to introduce new features, services or enhancements; our ability to effectively expand our sales and marketing organization; our ability to continue to build and maintain credibility with the developer community; our ability to add new customers or increase sales to our existing customers; our ability to maintain, protect, enforce and enhance our intellectual property; the growth and expansion of the market for database products and our ability to penetrate that market; our ability to maintain the security of our software and adequately address privacy concerns; our ability to manage our growth effectively and successfully recruit and retain highly-qualified personnel; the price volatility of our common stock; and those risks detailed from time-to-time under the caption "Risk Factors" and elsewhere in our Securities and Exchange Commission filings and reports, including our Annual Report on Form 10-K filed on April 1, 2019 and our Quarterly Report on Form 10-Q filed on June 7, 2019, as well as future filings and reports by us. Except as required by law, we undertake no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events, changes in expectations or otherwise.

Investor Relations
Brian Denyeau
ICR for MongoDB
646-277-1251
ir@mongodb.com

Media Relations
Mark Wheeler
MongoDB
866-237-8815 x7186
communications@mongodb.com

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SOURCE MongoDB, Inc.