MongoDB, Inc. (MDB) stock soared on Friday following the company’s impressive second-quarter earnings report. Revenue exceeded expectations, driven by robust Atlas performance and a rebound in new business generation. Analysts maintain a positive outlook for the company, citing its strong position in the growing database market and potential for continued growth, particularly with the rise of artificial intelligence.
Under Dev Ittycheria’s leadership, MongoDB has made significant strides, including expanding into the cloud, transitioning from open source, and launching a venture capital arm. Ittycheria discusses the company’s growth, the hype surrounding AI, and the future of data storage and management.
Oracle Database@Azure, a powerful cloud database service, is now available in three regions worldwide, including Azure U.K. South, Germany West Central, and East U.S. To meet growing demand, Microsoft and Oracle plan to make it available in an additional 12 regions globally by the end of 2024.
Oracle Database@Azure delivers all the performance, scale, and availability advantages of Oracle Database on Oracle Cloud Infrastructure (OCI) with the comprehensive application and developer services of Microsoft (NASDAQ: MSFT) Azure.
Conduent (NASDAQ: CNDT) has improved application performance and enabled real-time transaction processing by migrating its on-premises Oracle Exadata environment to the cloud with Oracle Database@Azure.
Voya Financial, Inc. (NYSE: VOYA) has been able to advance the delivery of high-performance, low-latency applications to its customers, while helping ensure the security and protection of their data with Oracle Database@Azure.
New solutions and certifications are now available to help businesses leverage disaster recovery and high availability on Oracle Database@Azure, including Oracle Maximum Availability Architecture (MAA) Silver and Gold levels, Oracle GoldenGate, and several reference architectures.
