We all know that innovation is hard. Yet innovation is high on the strategic agendas of most organizations, partly because there is no choice. Highly innovative organizations are more successful across a number of measures, including profitability.
Increasingly, that innovation must be delivered through software. Early in the digital age, just using software was enough to set a company apart. But today, off-the-shelf software (or off-the-shelf cloud services) doesn’t provide a lasting competitive advantage, because your competitors have access to the exact same software and services. It’s up to internal teams to build the innovations that set organizations apart.
The 2022 MongoDB Report on Data and Innovation surveyed 2,000 developers and IT decision-makers in the Asia Pacific region, covering Australia, China, Hong Kong, India, New Zealand, South Korea, and Taiwan.
The report details our findings on the importance of innovation, the technical challenges to building new things, and the consequences when you fail to do so. Some of the important discoveries we uncovered are:
Fully 73% of respondents agreed that working with data is the hardest part of building and evolving applications.
55% say their data architectures are complex. In fact, 38% of organizations surveyed use 10+ databases.
28% of developers’ time is spent building new features or applications, versus 27% maintaining existing data, applications, and systems.
Top blockers of innovation include developer workloads, data architecture, legacy technologies and technical debt
To unlock all our findings and understand more about the need for an increased attention on innovation, download the full report.
Semeris Demystifies Legal Documents Using MongoDB
Sorting through endless legal documents can be a time-consuming and burdensome process, but one startup says it doesn’t have to be that way. Semeris strives to demystify legal documentation by using the latest artificial intelligence and natural language processing techniques. Semeris’s goal is to put the information its customers need at their fingertips when and where they need it. Semeris aims to bring structure to capital market legal documents, while providing a first-class service to customers and blending together the disciplines of finance, law, natural language processing, and artificial intelligence. In this edition of Built with MongoDB, we talk with Semeris about how they use MongoDB Atlas Search to help customers analyze documents and extract data as quickly as possible. Built with MongoDB spoke with Semeris CEO, Peter Jasko , about his vision for the company, working with MongoDB, the company’s relationship with venture capital firm QVentures , and the value of data. In this video, Peter Jasko explains how MongoDB Atlas's fully managed service and support has been a key factor in helping Semeris scale. Built with MongoDB: Can you tell us about Semeris? Peter Jasko: We help our investor banking and lawyer clients analyze legal documentation. We help them extract information from the documentation that they look at. A typical transaction might have 500 to 1,000 pages of documentation, and we help them to analyze that really quickly and pull out the key information that they need to be able to review that documentation within a couple hours, rather than the 7 or 8 hours it would normally take. Built with MongoDB: What is the value of data in your space? Peter: Data is essential in what we do because we build models around the publicly available documentation that we see. We store that data, we analyze it, we build machine learning models around it, and then we use that to analyze less seen documentation or more private documentation that our clients have internally. Built with MongoDB: How has your partnership with QVentures helped Semeris? Peter: Our partnership with QVentures is not just a financial one where they’ve invested some money into our firm; they’ve also helped us uncover contacts within the market. They introduced us to the MongoDB partnership that has helped us get some credits and build out our technology onto the MongoDB platform. Built with MongoDB: What has it been like using MongoDB’s technology? Peter: We chose MongoDB because it’s a scalable solution, and it has a strong developer following. It’s easier for us to hire tech developers who understand the technology because MongoDB has such a strong following in the community. If we have small issues with the technology, we’re very quickly able to search and find the answer to learn how we need to resolve that. Additionally, scalability is really important to us. And, what we found is that the MongoDB platform scales both in compute and also in storage seamlessly. We get a notification that more storage is required, and we can upgrade that online and with no customer impact and no downtime. It's really, really seamless. Another reason we chose MongoDB is that it’s cloud agnostic. We're on AWS now, but we're almost certainly at some point going to be asked from customers to look at Azure or Google. So it's really beneficial to us that MongoDB works on all the different platforms that we look at. Built with MongoDB: What are some of the features you use within MongoDB? Peter: We use MongoDB Atlas Search because of its ability to retrieve thousands of data points from multiple documents. We use the indexing capability there, and the key thing that we find is that our customers want to retrieve thousands of data points from multiple different documents. A lot of our customers are analysts or investment portfolio managers, and they want that information in their hands as quickly as possible. Built with MongoDB: What is some advice you’d give to aspiring founders and CEOs? Peter: Try lots of things and try them quickly. Try lots of little spikes, and take the ones that work well, and eventually put those into production. Really focus on what your customers want. Ultimately, we tried a lot of different ideas, some of which we thought were great. But you have to put it in front of your customers to be able to decide which ones are really worth spending time on and putting into production quality and which ones you should just let fall by the wayside as research done but not ultimately used. Find out more about Semeris Docs . Interested in learning more about MongoDB for Startups? Check out our Startups page .
Being Latine in Tech: Two MongoDB Employees Share Their Advice on Building Careers in Engineering
Ashley Naranjo and Martin Bajana, members of MongoDB’s employee resource group QueLatine, share their career journeys and offer insight into how other members of the Latine community can build careers in tech. Jackie Denner: How did you make your way into the tech industry? Ashley Naranjo: I am a first-generation Latina with a passion for Information Technology and a knack for problem-solving. After graduating early from high school, I embarked on a career in Nursing. I chose Nursing initially because I wanted to make a difference and help others, but my path took an unexpected turn when COVID-19 reshaped our world. In light of the circumstances, I reevaluated my options and decided to seize an opportunity with a program called Year Up . During the intensive six-month training and deployment phase, I not only completed rigorous coursework but also obtained IT Google Coursera certifications and actively pursued CompTIA certifications. This experience allowed me to secure an internship at Meta (Facebook) as an Enterprise Operation IT Support Tech, where my love for technology blossomed. During my time at Meta, I had the privilege of assisting diverse Meta users worldwide with a wide range of technical issues, including troubleshooting, software and hardware support, internal access permissions, and more. The exposure to a global tech environment further fueled my passion for the field. When my internship concluded, I was offered a 1-year contract role with Meta to continue my work as a support tech for the same team. Throughout that year, I immersed myself in all aspects of technology, maximizing my learning opportunities and applying my networking skills. As time went on, I knew I needed a new challenge. This led me to embark on a search for an exciting role, which eventually brought me to MongoDB. I am passionate about driving technological innovation, and MongoDB is a place where I can make an impact. Martin Bajana: My interest in technology stems from a variety of sources. From a young age, I developed a strong passion for video games and exploring new technologies. Whether it was experimenting with the latest gaming consoles or delving into computer hardware, I relished the opportunity to learn and understand the inner workings of these technologies. In school, I discovered my affinity for mathematics, which further solidified my decision to pursue a career in the tech industry. Choosing to study computer science in college was a natural progression for me, as it allowed me to combine my love for technology with my aptitude for problem-solving. After completing my education, I was recruited by Verizon, where I worked on front-end applications and Android development. Although the transition was initially challenging, I persevered and regained my confidence. It was during this period that I realized a career in technology was my long-term aspiration. Throughout my tenure at Verizon, I embraced opportunities to work across various teams, acquiring valuable experience and honing my skills. Eventually, I made the decision to join MongoDB, which has provided me with an enriching journey and the chance to shape my career in the tech industry. JD: Have there been any challenges you've faced throughout your career? AN: Imposter syndrome has been a significant challenge for me throughout my career, and it's something I still deal with to this day. When surrounded by my talented colleagues, I would often compare myself to them and focus on my perceived weaknesses and flaws, leading to a lack of self-confidence. However, I tackled this issue by addressing my feelings with my manager. Her support and guidance helped me realize my own potential and acknowledge my accomplishments. Maintaining a positive mindset has enabled me to view myself as a competent engineer and recognize the value I bring to my team. I have learned to take ownership of my successes and embrace opportunities for growth. Stepping out of my comfort zone has become a regular practice, as personal and professional development often stems from embracing challenges and discomfort. By giving myself permission to take up space and be confident in my abilities, I have been able to overcome imposter syndrome and continue to thrive in my role. MB: I have been fortunate enough to work for companies and teams that value and respect me for the work I deliver. Being in the tech industry and growing up in a culturally diverse region of the country, I have had exposure to individuals from various backgrounds and identities, which has made me more comfortable as a Latinx individual in the industry. My personal goal is to promote a work environment where everyone is judged based on the contributions they bring to the team, rather than their identity. I believe in supporting and respecting the identities of my peers and coworkers while fostering a culture of inclusivity and equality. JD: How has MongoDB supported your career growth and development? AN: In my time working at MongoDB, I have experienced exceptional support that has greatly contributed to my professional development and growth. As an engineer at MongoDB, I have been provided with numerous opportunities to expand my knowledge and skills through participation in tech talks, hackathons, and continuous learning about emerging technologies. I am grateful for the proactive approach taken by my manager and team leaders in fostering my growth as an engineer. Additionally, MongoDB's commitment to diversity and inclusion is evident through the company's DEI initiatives. Platforms like our employee resource group “QueLatine” have made me feel a stronger sense of connection and belonging, particularly among my Latinx peers. By recognizing the power of our diverse backgrounds and experiences, MongoDB empowers us to have a meaningful impact in the industry. MB: I have experienced full support from my leader since day one. They have proactively sought to understand my career goals and have helped me create a clear career path to achieve those goals. This level of support has enabled me to take on challenging projects and initiatives within the company, allowing me to grow and develop in my career. Furthermore, MongoDB offers a wealth of learning and development resources to its employees, which I have fully utilized to continue learning and growing my skill set. JD: What is your advice for other Latines who want to begin careers in tech? AN: Having made a significant career change myself, I can empathize with the challenges that come with exploring new paths, particularly in the tech industry. As a Latina in tech, I feel a strong desire to encourage and raise awareness within our community about the incredible resources and opportunities that are available to us. My advice to others who may be considering a similar journey is to prioritize the continuous development of your technical skills, actively seek out mentoring opportunities, push yourself beyond your comfort zone by honing your networking abilities, and most importantly, believe in yourself and your ability to achieve great things! MB: Navigating the vast world of technology can certainly be overwhelming, but it's important not to fear feeling lost. Even after 12 years in this career, there are still days where I come across something I've never heard of before. Fortunately, we live in a world abundant with resources for continuous learning. My advice is to take the time to explore and ask questions. Seek out open-source projects that you can contribute to, and connect with other professionals in the tech industry who can share their experiences and provide guidance. Additionally, taking advantage of hackathons and other tech events can expose you to new technologies and ideas. Don't be afraid to make mistakes, and most importantly, don't give up! Join us in transforming the way developers work with data. Build your tech career at MongoDB .