In today's business landscape, where unpredictability has become the norm, engineering leaders have to balance the dual challenges of managing uncertainty while optimizing IT costs. Indeed, the 2024 MarginPLUS Deloitte survey—which draws on insights from over 300 business leaders—emphasizes a collective pivot towards growth initiatives and cost transformations amidst the fluctuating global economic climate.
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MongoDB Atlas: A developer's ally for cost-effective productivity
Executives across industries want to cut costs without impacting innovation; based on the Deloitte survey, 83% of companies are looking to change how they run their business margin improvement efforts.
This is where MongoDB Atlas, the most advanced cloud database service on the market, comes in. An integrated suite of data services that simplify how developers build with data, MongoDB Atlas helps teams enhance their productivity without compromising on cost efficiency by offering visibility and control over spending—balancing developer freedom with data governance and cost management.
This helps organizations escape the modernization hamster wheel—or the vicious cycle of continuously updating technology without making real progress, and draining resources while failing to deliver meaningful improvements. Put another way, MongoDB gives teams more time to innovate, instead of just maintaining the status quo.
Outlined below are the built-in features of MongoDB Atlas, which enable customers to get the most out of their data while also focusing on budget optimization.
Strategic features for cost optimization with MongoDB Atlas
Right-sizing your cluster
Use MongoDB Atlas’s Cluster Sizing Guide or auto-scalability to match your cluster with your workload, optimizing resource use with options for every requirement, including Low CPU options for lighter workloads.
Pausing clusters and global distribution
Save costs by pausing your cluster, and securely storing data for up to 30 days with auto-resume. Furthermore, Global Clusters improve performance across regions while maintaining cost efficiency and compliance.
Index and storage management
Enhance performance and reduce costs with MongoDB Atlas’s Performance Advisor, which provides tailored index and schema optimizations for better query execution and potential reductions in cluster size.
Strategic data management
Reduce storage expenses using Online Archive for infrequently accessed data and TTL indexes for efficient Time Series data management, ensuring only essential data is stored. Securely backup data before deletion with mongodump.
Enhanced spend management
Use spend analysis, billing alerts, and usage insights via the Billing Cost Explorer for detailed financial management and optimization. Resource tagging and customizable dashboards provide in-depth financial reporting and visual expense tracking, supporting effective budgeting and cost optimization. Additionally, Opt for serverless instances to adjust to your workload's scale, offering a pay-for-what-you-use model that eliminates overprovisioning concerns.
Transforming uncertainty into advancement
MongoDB Atlas equips IT decision-makers and developers with the features and tools to balance developer productivity with strategic cost management, transforming economic uncertainty into a platform for strategic advancement. MongoDB Atlas is more than a database management solution; it’s a strategic partner in optimizing your IT spending, ensuring that your organization remains agile, efficient, and cost-effective in the face of change.
Need expert assistance in taking control of your MongoDB Atlas costs? MongoDB’s Professional Services team can provide a deep-dive assessment of your environment to build a tailored optimization plan—and to help you execute. Reach out to learn how we can support your cost optimization goals!
If you haven't yet set up your free cluster on MongoDB Atlas, now is a great time to do so. You have all the instructions in this DevCenter article.