London, England – May 15, 2013 –10gen, the MongoDB company, announced today that comparethemarket.com, a leading UK website for finding quotes and deals on home, van, pet, bike, life or car insurance, has selected MongoDB to help transform customer experience.
MongoDB is currently being used on the home insurance journey, which accounts for millions of price checks a day and, in time, will be rolled out across the entire site.
The speed and efficiency that data is sent and retrieved is crucial to the company’s business. One hour’s downtime would have significant financial impact.
The site’s three database requirements were stability, speed to market and scalability. The database upgrade to MongoDB is part of a wider renewal to improve the website.
“Ultimately we want every single customer to have an exceptional experience,” said Matthew Collinge, solutions architect at comparethemarket.com. “Our business model has changed significantly, but trying to make changes on the old system meant we spent our time dealing with complexity rather than adding any value.”
The system needs to collect customer details efficiently and then securely send them to a number of different insurers. Once the insurers' systems reply, comparethemarket.com can aggregate and display prices for consumers.
“This project shows how the speed and flexibility of a database can have a strong impact on business outcomes,” said Joe Morrissey, Vice President EMEA of 10gen. “The price comparison market is fiercely competitive and solution architects have a tough job to process vast volumes of data quickly, and differentiate services. Implementing a simple-to-use, flexible and scalable data schema is greatly improving the service that’s on offer.”
“Another aspect of MongoDB we like is its simplicity – it's very easy to get it up and running. Importantly, there’s very little pain when you want to change the schema which is a big advantage over SQL databases,” added Collinge.
Comparethemarket.com is expanding fast and has increased its IT team by over 100% in the last 12 months. However Collinge is still on the look out for technically competent people to join the dynamic, entrepreneurial team. To find out more apply here: http://careers.comparethemarket.com/
As one of the most popular new technologies, MongoDB has more than 4 million downloads, 50,000 Online Education registrations, 15,000 MongoDB User Group (MUG) members and 10,000 attendees at MongoDB global events in 2012.
MongoDB is the open-source, document database popular among developers and IT professionals due to its agile and scalable approach. MongoDB provides a JSON data model with dynamic schemas, extensive driver support, auto-sharding, built-in replication and high availability, full and flexible index support, rich queries, aggregation, in-place updates and GridFS for large file storage.
comparethemarket.com was launched in 2006 and has grown rapidly over the past six years to become one of the UK's leading price comparison websites.
comparethemarket.com provides customers with an easy way to make the right choice for them on a wide range of products including motor, home, life, travel and pet insurance as well as utilities and money products such as, credit cards and loans.
comparethemarket.com actively selects its brand partners, working with the best and most trusted organisations to ensure quality service to consumers.
comparethemarket.com is a trading name of BISL Limited. BISL Limited is authorised and regulated by the Financial Services Authority.
10gen is the company behind MongoDB, the leading NoSQL database. 10gen is reinventing data management and powering big data with software and services designed for how we write and run applications today. MongoDB empowers organizations to be more agile and scalable while enabling new types of applications, improving customer experience, accelerating time to market and reducing costs. 10gen has 600 commercial customers including many of the world’s leading brands. MongoDB has a thriving global community with 4 million downloads, 50,000 Online Education registrations and 15,000 MongoDB User Group (MUG) members.