MongoDB, Inc. (MDB) CEO Dev Ittycheria Presents at Morgan Stanley 2022 Technology, Media & Telecom Conference (Transcript)

Mar. 09, 2022 1:17 PM ETMongoDB, Inc. (MDB)
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MongoDB, Inc. (NASDAQ:MDB) Morgan Stanley 2022 Technology, Media & Telecom Conference March 9, 2022 11:00 AM ET

Company Participants

Dev Ittycheria - President & Chief Executive Officer

Michael Gordon - Chief Operating Officer & Chief Financial Officer

Conference Call Participants

Sanjit Singh - Morgan Stanley

Sanjit Singh

Good morning, everyone. Welcome to day 3 of the Morgan Stanley TMT conference. It's been really great to see all of you in person first time in 2 years to talk the world, talk stocks. And this morning, we're going to talk the MongoDB story with the management team of MongoDB. We have CEO, Dev Ittycheria; CFO, Michael Gordon, really looking to understand why things are going so well. Mongo, they just reported really fantastic results last night, so we'll dive into that.

Before we get there, for important disclosures, please see the Morgan Stanley Research Disclosure website at www.morganstanley.com/researchdisclosures. If you have any questions, please reach out to your Morgan Stanley representatives.

Question-and-Answer Session

Q - Sanjit Singh

So Dev and Michael, welcome to the conference. As you think about how the business has trended since the kind of worst of the pandemic in sort of the summer of 2020. And then coming out of the pandemic in 2021, what aspects of the MongoDB strategy, Dev, has really started to come online? And where would you like to see more progress?

Dev Ittycheria

Yes. So we obviously feel really good about where the business is today. It's a cliche to say that every company is using software in some way, shape or form to drive innovation and essentially, transform their business. We always believe that we offered a better way to work with data and that this industry or this market has spent 40 years in a very conventional way of managing data, and we came out with, we

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