Since taking over as president and CEO of MongoDB in 2014, Dev Ittycheria has led the $26 billion database company through a period of significant growth and transformation. Under his leadership, MongoDB has transitioned to a cloud-based model, completed an IPO, and expanded its customer base from a few hundred to nearly 50,000.
Ittycheria’s tenure has also seen MongoDB embrace new technologies such as AI and vector databases. In 2022, MongoDB launched its venture capital arm, MongoDB Ventures, to invest in early-stage companies developing innovative data technologies.
In a recent interview with TechCrunch, Ittycheria discussed MongoDB’s evolution and provided his insights on the future of data. He emphasized the importance of providing a unified platform that combines multiple data functions, such as OLTP, search, and vector processing.
Ittycheria also addressed the hype surrounding AI, arguing that while it has the potential to transform many industries, it will take time for its full impact to be felt. He believes that the real value of AI will come from applications that build on top of existing technologies, such as natural language processing and computer vision.
As MongoDB continues to grow and evolve, Ittycheria remains optimistic about the future of data. He believes that the increasing volume and complexity of data will create new opportunities for companies like MongoDB to provide innovative solutions that help businesses manage and analyze their data more effectively.