MongoDB Inc (BSP:M1DB34)

R$ 94.07 -2.63 (-2.72%) Market Cap: 138.00 Bil Enterprise Value: 133.74 Bil PE Ratio: 0 PB Ratio: 25.23 GF Score: 76/100

MongoDB Inc at Citi Global Technology Conference Transcript

Sep 06, 2019 / 12:45PM GMT

Transcript 10-Q8-K

Tyler Maverick Radke

Citigroup Inc, Research Division - Senior Associate

Happy Friday and last day of Citi's Tech Conference. We're pleased to kick off the day with MongoDB, who is a New York-headquartered company just down the street. For those of you don't know me, my name is Tyler Radke. I cover the data and analytics space. And maybe for the investors in the room who are not familiar with Mongo but certainly know Oracle and the database market, just give us a quick overview of Mongo's kind of approach to the database market, maybe some of the highlights of the differentiation between the document model and the relational model and why you think you're well positioned.

Michael Lawrence Gordon

MongoDB, Inc. - COO & CFO

Sure. First of all, thanks for having us. Great to see you. Great to be here in New York. Nice to have a conference in our backyard.

So the database market is one of the largest markets in all of software, so just to ground people. IDC's estimates are for $64 billion of spend this year, growing to $98 billion of spend in 2023,

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