Case Study: BID Equity achieves 10x faster queries and up to 50% lower costs with MongoDB Professional Services

BID Equity boosts search 10x and cuts costs 50% with MongoDB

BID Equity, a private equity firm, faced challenges with soaring infrastructure costs and slow query performance that limited its custom-built market intelligence platform. They partnered with MongoDB Professional Services and utilized MongoDB Atlas and MongoDB Atlas Search to address these scaling issues.

MongoDB's solution involved an architectural review that redesigned the data model and resolved a massive indexing problem, reducing a 1TB index to just 6GB. The results were a 10x improvement in search performance, a 40-50% reduction in infrastructure costs, and greater system stability. This transformation also saved BID Equity an estimated €200,000 annually on external consultants.

BID Equity