Competitive Landscape - MongoDM
We provide a competitive landscape analysis of MongoDB and its two competitors — Caspio and Redis. All of our findings have been compiled in the attached spreadsheet.
To find two competitors of MongoDB, we first looked at Crunchbase to see whether there were any companies that identified as "general purpose database platforms" as this is how MongoDB describes themselves. This led us to Caspio which is a "database platform for creating business applications, custom forms and reports fast and without coding", essentially providing the same services as MongoDB. This is further discussed in the spreadsheet.
As there were no other similar companies that we were able to pinpoint simply by looking at Crunchbase, we proceeded to find a technical review website which compared similar databases available. According to such a website, the number one competitor for MongoDB is Redis, which is "an open-source, in-memory NoSQL database, benchmarked as the fastest database available today". Therefore, we used Redis as the second competitor in our spreadsheet. After reviewing both companies, we felt confident that they were operating in the same market space as MongoDB.
We give insight into MongoDB, Caspio and Redis, providing a company overview, competitive advantage, target market, products and services, pricing, and customer feedback. We also link all of our sourcing in the spreadsheet.
All three companies offer a cloud-based, open-end database that is targeted towards large companies in different industries. All companies offer their product for free, but with limited capabilities. Their offering is then expanded in to different price categories, depending on the memory size and other specifications a company might need.
In the spreadsheet, we analyze all the requested data except for providing our own opinion which we will list here.
MongoDB seems to offer the widest range of products and upgrades out of the three companies. Mongo's biggest pull is the fact they offer geographic distribution, which isn't mentioned with the other two companies. Their website also provides the most information into their offering and pricing.
Caspio's biggest advantage is that they are fully self-funded and have a unique set of core values, specifically when it comes to providing excellent service. They also offer version specifically tailored for certain industries, such as the healthcare industry, by fitting different requirements, such as HIPAA, FERPA and FIPS-140 compliance. Their main disadvantage seems to be that they offer only four different plans, and don't really allow for customization.
Redis offers a variety of solutions and plans. Their main pull is that they offer a software-based solution, a cloud-based solution and a VPC-based solution. This distinguishes them clearly from the other two companies. Their biggest disadvantage is the fact they are clearly focused on four industries, and don't provide solutions for companies outside those industries.
All of our findings have been compiled in the attached spreadsheet.