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MongoDB Announces General Availability of MongoDB 8.0

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Update to the world’s most popular document database is the most performant version of MongoDB ever released, with greater ease of use and enterprise-grade security, resilience, and availability for a wide variety of applications

Optimizations in MongoDB 8.0 improve overall throughput by up to 32%, while accelerating time series data aggregations by more than 200%

New scale-out capabilities in MongoDB 8.0 distribute data up to 50x faster and reduce single-shard cluster costs by up to 50% for efficient scalability

MongoDB 8.0 expands industry-first Queryable Encryption to provide full-lifecycle data protection for additional use cases

LONDON, Oct. 2, 2024 /PRNewswire/ — MongoDB, Inc. (NASDAQ: MDB) today announced the general availability of MongoDB 8.0, the best-performing version of MongoDB, the world’s most popular document database. Millions of developers and more than 50,000 customers—including 70% of the Fortune 100 and leading global enterprises—rely on MongoDB as a trusted operational database for applications across a wide range of use cases. MongoDB 8.0 provides significant performance improvements, reduced scaling costs, and additional scalability, resilience, and data security capabilities. MongoDB 8.0 is now generally available on AWS, Google Cloud, and Microsoft Azure through MongoDB Atlas, on MongoDB Enterprise Advanced for on-premises and hybrid deployments, and as a free download with MongoDB Community Edition. To learn more about MongoDB 8.0, please visit the product page.

“Customers across industries tell us how critical it is for their core operational database to perform well, no matter the scale,” said Jim Scharf, Chief Technology Officer at MongoDB. “Developers have long loved building with MongoDB, so we’ve ensured that 8.0 kept the bar extremely high for developer usability. MongoDB 8.0 was also built to exceed our customers’ most stringent security, resiliency, availability, and performance requirements, and is the most impressive version of MongoDB yet. MongoDB 8.0 gives customers the strongest possible foundation for building a wide range of applications, now and in the future.”

Many customers primarily interact with organizations through applications, and they expect reliable, responsive experiences when doing so. Likewise, organizations need to know that their applications are secure, robust, performant, and will operate efficiently under all situations. Because of its ease of use, scalability, high performance, industry-leading security capabilities, and its ability to flexibly store and process virtually any type of data, MongoDB is an ideal solution for developers building applications and the customers who use them alike. Built for the needs of a wide variety of enterprise applications, MongoDB 8.0—the best version of MongoDB ever—empowers development teams to build innovative, customer-focused applications.

“As a MongoDB customer since 2022, we’ve loved building with MongoDB. The flexibility of the document model, MongoDB’s ability to store both structured and unstructured data, and its robust scalability has made MongoDB an ideal database solution for Metaphor,” said Mars Lans, co-Founder and Chief Technology Officer at Metaphor. “We’re really excited about the capabilities that MongoDB 8.0 brings, and we look forward to building mission-critical applications with it.”

“As a company dedicated to unlocking the full potential of forests through data-driven climate projects, leveraging the right technology is paramount to our mission,” said Felix Horvat, Chief Technology Officer at OCELL. “With MongoDB 8.0, we have seen an incredible boost in performance, with some of our queries running twice as fast as before. This improvement not only enhances our data processing capabilities but also aligns perfectly with our commitment to resource efficiency. By optimizing our backend operations, we can be more effective in our climate initiatives while conserving resources—a true reflection of our dedication to sustainable solutions.”

With an emphasis on enterprise-grade security, durability, availability, and performance—including more than 45 architectural improvements and new features—MongoDB 8.0’s capabilities provide:

Optimized performance for a wide variety of applications. As the data applications generate and use grows, inefficiencies can lead to increased infrastructure costs and decreased performance. Because many customers primarily interact with businesses through their applications, poor or inconsistent application performance can lead to customer unhappiness, lost opportunities, and lost revenue. It’s therefore imperative for organizations to ensure that their applications perform consistently well. 

MongoDB 8.0 improves performance by allowing applications to quickly query and transform data. Architectural optimizations in MongoDB 8.0 have significantly reduced memory usage and query times, and MongoDB 8.0 has more efficient batch processing capabilities than previous versions. Specifically, MongoDB 8.0 features:

32% better throughput56% faster bulk writes20% faster concurrent writes during data replication

In addition, MongoDB 8.0 can handle higher volumes of time series data and can perform complex aggregations more than 200% faster—with lower resource usage and costs.

Innovative encryption that unlocks new use cases. Data protection and security are paramount, and safeguarding sensitive information with robust encryption is more critical than ever. Organizations must protect their data using encryption throughout its lifecycle: in transit over networks, at rest where it is stored, and while it’s in use for querying and processing. However, it can be challenging to encrypt data while it is queried and processed, leaving it vulnerable to inadvertent exposure or exfiltration by threat actors.

MongoDB Queryable Encryption is a groundbreaking, industry-first innovation developed by the MongoDB Cryptography Research Group that allows customers to encrypt sensitive application data, store it securely as fully randomized encrypted data in the MongoDB database, and to run expressive queries on the encrypted data for processing—with no cryptography expertise required.

Now with range queries in MongoDB 8.0, Queryable Encryption helps reduce the risk of inadvertent data exposure and exfiltration by malicious actors with applications that store and process highly sensitive data by keeping it encrypted throughout its lifecycle, with no cryptography expertise required.

Faster horizontal scaling for high availability. As organizations grow, their application requirements evolve. For example, scaling to support millions of users can be challenging for organizations that originally designed their applications for thousands of users. Implementing architectural changes in production applications can be challenging—they can be costly, time-consuming, and can require specialized skills. We’ve continued to improve MongoDB’s robust scaling features in each version of the database since introducing horizontal scaling in 2010.

With MongoDB 8.0, horizontal scaling is faster and easier than ever, and at a lower cost to get started. Horizontal scaling allows applications to scale beyond the limits of traditional database resources by splitting data across multiple servers known as shards—without having to pre-provision increasing amounts of compute resources for a single server. Sharding improvements in MongoDB 8.0 distribute data across shards up to 50 times faster and at up to 50% lower starting cost, without the need for additional configuration or setup.

Resilience for unexpected application demand. End-users expect consistent application experiences, even during periods of high demand and usage spikes. Organizations without a highly durable operational database risk poor customer experiences, with lagging application behavior (or even downtime) during times of high demand.

MongoDB 8.0 provides greater control for teams optimizing database performance for unpredictable spikes in usage and sustained periods of high demand. MongoDB 8.0 includes the ability to set a default maximum time limit for running queries, to reject recurring types of problematic queries, and to set query settings to persist through events like database restarts to help deliver consistent performance for applications experiencing high demand.

Reduced costs and increased scale for vector applications. The introduction of vector search opened up possibilities for unlocking insights within unstructured data. However, large-scale vector applications using full-fidelity vectors can have high processing costs and slow query times, hindering scalability and performance.

MongoDB addresses this challenge by adding the ability to leverage quantized vectors and automatically quantize full-fidelity vectors in Atlas Vector Search. Quantized vectors—compressed representations of full-fidelity vectors—require significantly less memory (73% to 96% less) and are faster to retrieve while preserving accuracy. With vector quantization, customers can build a wide range of search and AI applications at higher scale and lower cost. And when combined with Search Nodes, MongoDB’s infrastructure for independent scalability and resource optimization, quantized vectors can further reduce costs and improve performance.

Generally available now, scalar quantized vector ingestion enables customers to seamlessly import and work with quantized vectors from their embedding models of choice—directly in MongoDB Atlas.

Together, these new capabilities for MongoDB 8.0 provide the fastest, most durable, secure, and reliable version of MongoDB for building a wide variety of applications across the enterprise.

MongoDB 8.0 is available today via MongoDB Atlas—MongoDB’s multi-cloud developer data platform—as part of MongoDB Enterprise Advanced for on-premises and hybrid deployments, and as a free download from mongodb.com/try with MongoDB Community Edition. In addition, customers upgrading from previous versions of MongoDB to 8.0 can find helpful upgrade guides on mongodb.com.

About MongoDB
Headquartered in New York, MongoDB’s mission is to empower innovators to create, transform, and disrupt industries by unleashing the power of software and data. Built by developers, for developers, MongoDB’s developer data platform is a database with an integrated set of related services that allow development teams to address the growing requirements for a wide variety of applications, all in a unified and consistent user experience. MongoDB has more than 50,000 customers in over 100 countries. The MongoDB database platform has been downloaded hundreds of millions of times since 2007, and there have been millions of builders trained through MongoDB University courses. To learn more, visit mongodb.com.

Investor Relations
Brian Denyeau
ICR for MongoDB
646-277-1251
ir@mongodb.com 

Media Relations
MongoDB 
press@mongodb.com

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SOURCE MongoDB, Inc.

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Gurucul Report Finds Complex IT Environments Are Main Cause of Insider Threats

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Insider Risk Management teams stress the need for unified visibility amidst rising insider attacks 

LOS ANGELES, Oct. 2, 2024 /PRNewswire/ — Gurucul announced today that its 2024 Insider Threat Report revealed the drivers of insider attacks, with growing IT complexity ranking first. The report from Gurucul and Cybersecurity Insiders is based on the insights of more than 400 IT and cybersecurity professionals to capture the latest trends, challenges and best practices in managing insider threats. It provides a comprehensive overview of how organizations are addressing these critical security challenges today. The report is available for download.

The landscape of insider risk management continues to evolve rapidly, driven by increasing complexities in IT environments, the adoption of hybrid work models, and knowledge workers’ increased adoption of sophisticated GenAI tools. Organizations need the right tools, processes, and resources to quickly, accurately and ethically identify insider threat risks. Many platforms don’t provide the complete data visibility and high-fidelity threat detections needed.

Gurucul’s report unearthed these key points:

What drives insider attacks: Complicated IT environments (39%), newly adopted technologies (37%) and poor security (33%) are the top three factors responsible for the skyrocketing number of insider attacks. These insights reveal the areas companies must address.Attacks are expensive and more frequent: 48% of companies said they’ve had more insider attacks in the previous 12 months, and 51% of respondents had six or more attacks in that time. For 29% of companies, the average remediation cost surpassed $1 million.The price tag for cyber-attacks: 32% of organizations estimated the average cost to remediate an insider attack was $100,000 to $500,000; 27% set this cost at $500,000 to $1 million. Another 21% noted their cost was $1-2 million, with 8% estimating the cost to exceed $2 million. Just 12% said their cost was under $100,000.Tools Gap: While 50% of respondents have a partially integrated solution, 28% of organizations still rely on limited integration, managing visibility through separate, non-integrated tools, 17% have altogether insufficient tooling, and 20% use disparate systems for monitoring users, applications, and devices, revealing a significant tools gap

Saryu Nayyar, CEO and founder, Gurucul, said: “From increasingly sophisticated cyber threats to rapid changes in the market and in technologies, organizations today face a myriad of cybersecurity challenges. Our report revealed that organizations are struggling with an increasing number of insider attacks, which can devastate a business. A strong cybersecurity strategy that incorporates next-generation threat detection, investigation and response technology is a key component in winning the battle against these and other threats.”

Methodology: In conjunction with Cybersecurity Insiders, Gurucul’s 2024 Insider Threat Report is based on a comprehensive online survey of 413 cybersecurity professionals, conducted in August 2024, to gain deep insight into the latest trends, key challenges, and solutions for insider threat management.

About Gurucul

Gurucul is a security analytics company founded in data science that delivers radical clarity about cyber risk. We analyze enterprise data at scale using machine learning and native, secure artificial intelligence. Instead of useless alerts, you get real-time, actionable information about true threats. Our cloud-native platform is open and flexible, so it accommodates your environment and processes. Deploy it anywhere, use any data lake, and integrate it with any security tool. To learn more, visit gurucul.com and follow us on LinkedIn and Twitter.

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SOURCE Gurucul

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NIKOLA RECORDS SALES OF 88 HYDROGEN-POWERED CLASS 8 TRUCKS FOR NORTH AMERICAN CUSTOMERS IN Q3 2024; 200 TOTAL SOLD THIS YEAR

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PHOENIX, Oct. 2, 2024 /PRNewswire/ — For Q3 2024, Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, wholesaled 88 Class 8 Nikola hydrogen fuel cell electric trucks, firmly within truck sales guidance of between 80 and 100 fuel cell units for the quarter.

For the first three quarters of 2024, Nikola wholesaled 200 hydrogen fuel cell trucks, and 235 total since the truck went on sale in Q4 of last year.

“This is a record sales quarter for Nikola, with 88 hydrogen fuel cell electric trucks wholesaled to our dealers for end customers, as well as the addition of a first-ever U.S. dealer-based HYLA modular refueling station,” said Nikola CEO Steve Girsky. “Despite overall market headwinds, Nikola remains focused on our mission to pioneer solutions for a zero-emission world, and we’re doing it one truck at a time.”

All Nikola trucks are assembled in Coolidge, Ariz.

NOTE: Nikola has not completed its quarterly review process or the preparation of its financial statements for the third quarter ended September 30, 2024.

ABOUT NIKOLA CORPORATION
Nikola Corporation’s mission is clear: pioneering solutions for a zero-emissions world. As an integrated truck and energy company, Nikola is transforming transportation and over-the-road freight services. With our Class 8 vehicles, including battery-electric (BEV) and hydrogen fuel cell electric trucks (FCEV), and our energy brand, HYLA, we are driving the advancement of the complete hydrogen refueling ecosystem. This encompasses supply, distribution, and dispensing, reflecting our commitment to sustainable practices and a cleaner future.

Nikola is based in Phoenix, Ariz. with a manufacturing facility in Coolidge, Ariz. 

Experience our journey to achieve your sustainability goals at nikolamotor.com or engage with us on social media via Facebook @nikolamotorcompany, Instagram @nikolamotorcompany, YouTube @nikolamotorcompany, LinkedIn @nikolamotorcompany or Twitter @nikolamotor.

FORWARD-LOOKING STATEMENTS
This press release contains certain forward-looking statements within the meaning of federal securities laws with respect to Nikola Corporation (the “Company”), including statements relating to: the belief that the Company is pioneering solutions that will help transition to a zero emission future; the first ever dealer based hydrogen fueling station; and making progress one truck at a time despite market headwinds. Forward-looking statements are predictions, projections, and other statements about future events based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: completion of the Company’s review of its third quarter results; changes to assumptions underlying vehicle sales; the ability of the Company to access sufficient capital to meet its requirements and fund its business; manufacturing delays and difficulties; risks related to the rollout of the Company’s hydrogen fueling infrastructure and the timing thereof; construction risks and delays; the availability of access to hydrogen refueling facilities; the level of and cancellation of customer orders; risks associated with manufacturing batteries and fuel cell power modules; variations in and characteristics of the hydrogen fueling location, including but not limited to fueling hardware and software protocol, fuel amount, and fueling conditions, any of which may affect refueling times; and the factors, risks and uncertainties described in the “Risk Factors” section of the Company’s annual report on Form 10-K for the year ended December 31, 2023 filed with the SEC, in addition to the Company’s subsequent filings with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

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SOURCE Nikola Corporation

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PlanHub to Take Center Stage at NAHICA’s ExpoContratista 2024 event this October

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PlanHub, the premier cloud software platform for commercial construction entrepreneurs, will be a featured participant at NAHICA’s ExpoContratista 2024 event in Atlanta, GA on October 4th and 5th. They will be hosting highly-anticipated seminars on both days of the event, as well as answering questions and offering live demos at booth #3602.

WEST PALM BEACH, Fla., Oct. 2, 2024 /PRNewswire-PRWeb/ — PlanHub, the premier cloud software platform for commercial construction entrepreneurs, has announced a major presence at NAHICA’s upcoming ExpoContratista 2024 event, taking place in Atlanta, GA on October 4th and 5th.

The Hispanic construction community plays a crucial role in the growth and success of our industry,” said Ro Bhatia, PlanHub CEO.

As an extension of the company’s ever-growing synergy with NAHICA, PlanHub will present two highly-anticipated workshops (beginning at 3 pm EST on both days) focusing on sharing invaluable strategies for growing your business.

Additionally, PlanHub will be present and available throughout the event at booth #3602 to chat with attendees and showcase the platform’s latest tools. Team members will field questions, conduct live demos, and offer booth visitors a unique in-person opportunity to learn how they can save time and increase revenue by using PlanHub’s all-in-one platform.

“The Hispanic construction community plays a crucial role in the growth and success of our industry,” said Ro Bhatia, PlanHub CEO. “We’re proud to strengthen our partnership with NAHICA, connecting more deeply with this community, understanding their challenges, and providing the tools they need to succeed. We’re excited to meet everyone at this year’s ExpoContratista and explore how PlanHub can help save time and grow their businesses.”

PlanHub’s presence at ExpoContratista Atlanta 2024 is the latest chapter in the groundbreaking collaboration between the two organizations, aligned with the mutual goal of equipping Hispanic contractors with the tools and resources they need to thrive in the competitive construction landscape.

For more information about ExpoContratista Atlanta 2024, visit expocontratista.com.

About PlanHub:
PlanHub is the cloud software platform that empowers commercial construction professionals to expand their businesses by building their networks, optimizing workflows and streamlining collaboration. Our user-friendly tools assist contractors and suppliers throughout the preconstruction journey, including finding more projects to bid on, connecting with the right people to get the job done right and building better proposals to win more business. For more information, visit planhub.com.

About NAHICA:
The National Hispanic Contractors Association (NAHICA) is a leading organization dedicated to empowering Hispanic contractors and subcontractors in the construction industry. With a strong commitment to diversity and professional growth, NAHICA offers resources, networking opportunities, and advocacy to foster success within the Hispanic construction community. For more information, visit nahica.org.

For any media-related inquiries, please contact;
Jesel Silva,
jsilva@planhub.com
PlanHub
1-866-752-6482

Media Contact

Jesel Silva, PlanHub, 1-866-752-6482, jsilva@planhub.com, https://planhub.com/

View original content:https://www.prweb.com/releases/planhub-to-take-center-stage-at-nahicas-expocontratista-2024-event-this-october-302265186.html

SOURCE PlanHub

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