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Stock impact report

Oracle’s Database Dominance Eroded by Cloud Rivals [Yahoo! Finance News]

MongoDB, Inc. - Class A (MDB) 
Last mongodb, inc. - class a earnings: 3/17 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.mongodb.com/investor-relations
() -- When Shutterfly decided recently to move the database where it clusters reams of customer photos to the cloud, one name was noticeably absent from its list of potential providers: Oracle Corp.Most Read from US Gain With European Stocks; Dollar Slips: WrapThe company had for years relied on Oracle products to manage the photo libraries of its more than 20 million active customers. But as Shutterfly progressed on the effort to switch its systems to internet-based services from Amazon.com Inc.’s cloud division, Chief nology Officer Moudy Elbayadi recognized it also needed to shift its database to something that was easier to use.“The amount of time and energy that was consumed purely running just the plumbing was immense,” Elbayadi said in an interview. And reviewing other options in the marketplace, Shutterfly found that Oracle’s systems didn’t “fit our desires to have that level of openness and flexibility,” he added.Shutterfly isn’t the only company taking advantage of the boo Show less Read more
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