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Meagen Eisenberg, MongoDB | CUBEConversation, June 2018


 

(intense orchestral music) >> Hi I'm Peter Burris, and welcome to another CUBE Conversation. Got a great conversation with a CMO today, we're going to spend some time talking about some of the changes affecting the tech industry, and specifically affecting marketing in the tech industry, and we're gonna be having that conversation with Meagen Eisenberg who's the CMO of MongoDB, Meagen welcome to theCUBE. >> Thank you, thank you for having me. >> Well so, we're gonna spend some time talking about a number of different things but MongoDB is an especially interesting company in the context of this conversation, why don't we start by tell us a little bit about MongoDB. >> Sure, MongoDB is a leading modern general database platform, downloaded by 35 million developers, and is used by the hottest private companies like Coinbase to storied brands like HSBC. >> So if we think about it, the reason why I think this is especially interesting is because MongoDB is an opensource company and so that means that that has some specific marketing challenges it recently went through an IPO, and the marketing role in IPO is especially interesting, but very importantly here's where I wanna start, that in many respects the tech industry has always been set up to sell products, and the proposition was I know about my product as a seller, you don't know that much about it, user, so I'm gonna spend an enormous amount of time bashing you about why my product is better, that's changed a bit, as we move to this digital transformation and the role that data plays in helping companies transform it's less about what the vendor's doing and more how the company utilized the technology it's kinda this underlying from a product orientation to a services orientation it has a continuous relationship. >> Yes, that's right. >> Especially in the opensource world where you have a continuous relationship with your developers. Tell us a little bit about how, at least in your experience at MongoDB, that relationship, that from a product orientation to a service, ongoing service orientation, affects marketing. >> Sure, I mean we think a lot about how are user are using the product. You know, we wanna win the hearts and minds of developers, they're out there building new ideas, they're using it, when we enter a company through one developer we have the opportunity to spread to many others you know, if we think of all size businesses there's thousands if not 10s of thousands of databases and applications, so we wanna make sure they have a great experience that we're collecting data that's useful to help them, and that it spreads to others. >> Now lemme amplify wat you just said, because again, we could go back and think about other technology companies where the role was to explain what a relational database was and why it was better than something else, and what you just described is no, we wanna create a community of users that are constantly developing their own visibility their own insight and our job is to call the best of that and use that as part of the marketing experience, do I got that right? >> Yeah, that's right. Developers are actually quite social, and when they're out there building or they find something new, they're creating apps, they're creating new tools, they're sharing that knowledge and so, from a marketing standpoint, we do a lot of work with developer relations building apps, out there speaking to language communities, we're out there at conferences really showing what the technology can do. >> So the, many years ago I had a conversation with a CEO who's now worth billions of dollars, and I asked specifically, I thought that marketing had been essential to his success, and he said something very interesting, he said ah, marketing, that's what I put between my engineers and my sales people so they don't kill each other. (Meagen laughs) That can't be the role of marketing in a community-oriented company. Tell us about how marketing stands in a collaborative relationship between, with product and sales at MongoDB. >> Sure, so, I mean for myself personally as a CMO, I think the success of marketing is it's relationships not only with sales but with engineering, and that they're really, sales I see as a internal customer, understanding what they need to be successful, making sure that we're talking to the right persona that we're helping them build pipeline we're putting tools out there that are helping the user go through the experience, and from a engineering standpoint, that we're collaborating, that there's a feedback loop as people are using the product we want it to be a frictionless experience when they meet us out in the field or they come to our website, and that part's important as a registering for the product, as they come in, as they start to use the product and making sure we all have access to that data it helps sales better do their job, engineering build a better product, and marketing better really hook, hook the user in. >> So marketing helps sustain that journey, but also, also being, ensuring that sales is getting the appropriate information and insight on what customers are doing, but it's much more, it's multi-nodal today, I mean people talk about multi-channel all the time, talk a bit about how you anticipate the engagement model changing as more personas get involved, as technology gets more deeply embedded into the risk profile changes, and very importantly, especially for a company like MongoDB, as the number of use cases explodes. >> Yes, yeah I mean it's a good point, we are, from a marketing standpoint we're going directed developers who wanna do self serve with our MongoDB Atlas product, all the way to the CIO and CTO, who are trying to digitally transform their businesses, and that's, they're all different channels, it's not just email, it's social, it's your website, it's how you interact with them in the field, it's supporting your sales team, it's our developers that are out there working in the field and building the product. So you're right, at MongoDB we have 28 technologies in our Martec stack, and we've sunset seven, so we've experimented with 35, and the reason is because there's a lot of work around website, making a better experience, there's work around social media, how we design what we put out there, what we're doing in the field, making sure every experience, every form you fill out is is really optimized for that customer experience. >> Yeah, it's creating some sort of value with customers, not a distraction, not an annoyance. But if you think about it, another CMO once said, here on theCUBE, that they kinda summarize some of the new role marketing, is that marketing is creating the community, and marking is sustaining the community, where a community really is defined as people who are doing something in common. So your customers are trying to imply this technology that has enormous flexibility, I'm gonna ask you to explain a little bit about that in a second, we're not gonna get too deep, to a lot of new use cases, and that's what your users are trying to do bringing those together so they can share insights share experience, improve the quality tool, speed the process, the rate at which it all happens, there's gotta be a central feature of the marketing mission at MongoDB, is that right? >> Yes, definitely, I mean we're very focused on the developer, their experience, winning their hearts and minds, and creating advocates, people and developers that come and use the product and love it and build upon it and have, you know, things that they've learned that they wanna share, we have a pretty detailed documentation for new folks, we have a MongoDB university where we've had over 800 thousand developers take courses, it's definitely a highly engaged group that wants to innovate, and they wanna use the hottest technology, they don't wanna be on Legacy. You know, Legacy databases came out 40 years ago, the likes of Oracle, right, that was designed before cloud before mobile, before the volume and variety of data that we have today, and so if you want to build new apps you have to do it in a new, modern way, and MongoDB is a real alternative to those Legacy databases. >> Yeah, so one of the things I think is especially important as we think about some of this stuff, ultimately is, you said you wanna build that, the developer community, and make sure that engagement's strong while at the same time, obviously, sustaining relationships with other personas who are gonna write the checks, probably through your sales organization. >> Yes, yes. >> What is the role of diffusing knowledge through a service, I mean do you have a university or do ya, how does content get designed and instrumented at MongoDB to catalyze that community activity? >> Yes, I mean content's very important, all the way from our developer advocates at relations are building content to educate developers, to help them learn about the product, use the product, and then for the C level execs that are trying to transform their businesses, they're trying to learn about microservices, blockchain, there's a lot of content, and we see it like HubSpot really educated the marketing community around inbound marketing, we're doing a lot of work to educate and work with developers and create that digital watering hole so they can learn what they need to build their next app. >> Especially on the idea of complex, rich, natural data. >> Yes that's right, we believe that MongoDB is the natural way and the best way to work with data, and you can put it where you want intelligently as well as the freedom to run it anywere, our MongoDB Atlas runs on all three major clouds, with AWS GCP and Azure, and that ability to migrate, we're on 54 different regions, so really anywhere in the world you want to have your app running, we've got it set up for you. >> So MongoDB as a database company is trying to reduce the limitations of how well database can handle more complex data, the engineering is using an opensource approach trying to ensure that there's a high quality offering associated with that promise, >> Sure. >> You're deploying it on a lot of different platforms, cloud, not cloud, so that people don't face fundamental infrastructure complaints as to try to get advantage of that, that creates an enormous number of opportunities for someone to come in and try it, the whole try by motion, or land and expand as people like to talk about. How is MongoDB refining that notion of land and expand through its marketing mission? >> Sure, I mean well certainly we're making it frictionless for you to sign up, self serve, you can go put a credit card in, we've got a free tier where you can quickly experiment, try it out, as your application grows and becomes mission critical we've got the tools that you need to maintain it, we've got security and all the features you would need to run a modern application, and we're, we've set it in a way where no matter where you are in the world or who you wanna collaborate with, it's easy for you, it's very frictionless for the developer, it's a natural way to develop, and you're not, you know, you're not worried about the operational overload that comes with relational or Legacy databases. >> So we've talked a little bit about how MongoDB is working with developers, let's pivot a little bit and talk about how MongoDB worked with potential investors. I've been fascinated by the role that marketing plays within IPOs, you've got finance with a very very well defined role, sales typically has a very well defined role, but marketing's trying to straddle that fine line between driving new volume, but being very careful about what you say and how you say it to keep people feeling confident and comfortable from a financial standpoint. You got, you joined MongoDB three years ago. >> Yes, yes three years ago. >> You had an IPO about halfway in your tenure. >> Yes. >> Tell us a little bit about that. >> Sure, I mean, October 2017 the company went public it was a very exciting time, certainly the first time that I had been with the company and taken them public, I was fortunate enough, our CEO Dev Ittycheria had done it multiple times as a leader and as a board member, and so he brought a lot of knowledge around that, and as a marketer you're thinking how do you stay within the guidelines but make sure everyone's aware of what you're doing, certainly if you've been doing it in the past you can keep doing, you know, if you're not hyping the market, you can keep doing what you've been doing you can keep running your events you can talk about the product, the day of is a really big day to get in front of media, I was really impressed by what the team did to align media interviews I think we had 24 different interviews in one day, and we had over 50 or 60 stories break within the next week or so. So that was exciting just, you know, that timing, 'cause you can't line those up too soon, you've gotta make sure everything's a go, and, you know, it really worked out and now we're just excited about the future of the market, 60 billion dollar market by 2020 according to IDC, so we've got a massive opportunity in front of us, so what can we do, certainly from a marketing standpoint, what do I need to be doing to get on that and work through that. >> So MongoDB is a growth company, you know, good solid set of employees, tell us a little bit about how marketing's role is gonna change in the next couple years, as MongoDB tries to grab more of this 60 billion dollar opportunity. >> Yeah, I mean we definitely have a strong vision around where we're going with our products and solutions as a database platform, we're doing a lot of work with partners, we've got some great stuff going on with SA- SIs like Accenture and Infosys and Wipro who have modern, you know, they're modernizing the tech stack and working with really large companies, and we're part of that offering, so we'll be working heavily with that. We're very close with the cloud vendors, with AWS and Microsoft Azure and GCP, so a lot of good work going around that and we'll continue to grow our cloud offering itself, Atlas, MongoDB Atlas, it's only been around two years, it's already 14% of our business now has grown 400% over the last year, and so we're excited to see-- >> Congratulations! That's not bad. (laughing) >> Thank you, yeah, thank you. That's a, you know, really exciting part of the business and so much moving to the cloud it's the right place to be, I feel like we've done a great job really, you know, looking at where we need to be and then highlighting that in the markets. >> So last question Meagen would be Mongo is carving out an interesting spot for itself within the marketplace and as you focus on customers, customers are increasingly dictating how the market's gonna evolve, it's an interesting dynamic, especially that community approach, but there's always efforts to pull it back, especially from some of the entrenched database competitors. How are you guys trying to both keep the focus in what the customer needs, drive them to this modernization while at the same time acknowledging, recognizing, that they can't change everything on day one, that you have to coexist? >> Yeah, so, I mean MongoDB is doing a lot of work around migrations, making it very easy and frictionless. If you're gonna move to the cloud, this is the perfect time to move off Legacy databases, and we see it with our customers, they're struggling with 40 year old technology they need a more modern approach, they want a single view of their data, they're dealing with so much of it, and it's the right time when they move to the cloud. So we're making sure our product is on all the major clouds, which it is, and all the regions, that we've got the tools that they need, and that that process is really simple. >> Alright, Meagen Eisenberg, CMO of MongoDB, thank you very much for being on theCUBE. >> Thank you for having me. >> It's been a great conversation, and once again, you will see additional CUBE Conversations, until next time I'm Peter Burris, thank you very much for watching. (intense orchestral music)

Published Date : Jun 12 2018

SUMMARY :

and specifically affecting marketing in the tech industry, in the context of this conversation, and is used by the hottest private companies like Coinbase and the marketing role in IPO is especially interesting, Especially in the opensource world where you have and that it spreads to others. and when they're out there building and my sales people so they don't kill each other. and from a engineering standpoint, that we're collaborating, ensuring that sales is getting the appropriate information and the reason is because and marking is sustaining the community, and so if you want to build new apps and make sure that engagement's strong and create that digital watering hole so they can and that ability to migrate, cloud, not cloud, so that people don't face and we're, we've set it in a way where what you say and how you say it So that was exciting just, you know, that timing, you know, good solid set of employees, and so we're excited to see-- That's not bad. That's a, you know, really exciting part of the business and and as you focus on customers, and it's the right time when they move to the cloud. thank you very much for being on theCUBE. and once again, you will see additional CUBE Conversations,

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