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Why MongoDB is worth $1.2 billion
- 7Figures2Commas 13y agoComparing MongoDB to Oracle? Really? Next thing you know we'll be reading articles about how oranges are threatening to take significant market share from apples. As for, "[Oracle] also does not affordably scale to the tens or hundreds of terabytes required by some", an honest question: if scaling to "tens or hundreds of terabytes" is so easy with MongoDB, why is scaling to 100GB a big enough deal to warrant a presentation[1]? [1] http://www.slideshare.net/mongodb/partner-webinar-the-scaling-checklist-for-mongodb-100gb-and-beyond http://www.slideshare.net/mongodb/partner-webinar-the-scalin...
- mathattack 13y agoI view this as they have Oracle to thank for there being such a large database market independent of the big ERP and hardware vendors. And for that, you do have to thank Uncle Larry.
- shin_lao 13y agoNot only is MongoDB considerably lower in cost than Oracle, but adding nodes to a MongoDB cluster is an exercise in simplicity. It was my understanding that MongoDB scales poorly.
- hhw 13y agoNot to mention, considerably lower in cost means considerably less revenue. How exactly is that supposed to be justification for a high valuation? Especially when NoSQL databases are a fairly small niche compared to RDBMS, so it's not really possible to make up the difference in volume.