MongoDB’s program aims to be a one-stop solution for enterprises Credit: Getty Images / amgun

Database company MongoDB has launched a program for enterprises to build modern applications with advanced GenAI capabilities, with partners including Microsoft and AWS.

The MongoDB AI Applications (MAAP) program gives organisations the strategic roadmap and technology needed to quickly deploy GenAI applications at scale, the company said.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

MAAP provides professional services, and an integrated end-to-end technology stack from itself and its partners, which include Anthrophic, AWS, Microsoft Azure and more.

The program aims to be a one-stop solution for enterprises that want to quickly and effectively embed GenAI into applications, the company said.

“We’ve seen tremendous enthusiasm for GenAI among our customers, from agile startups to established global enterprises,” said Alan Chhabra, EVP of Worldwide Partners at MongoDB. “However, some are still navigating how best to integrate GenAI to solve the right business problems.”

“This program combines our robust developer data platform, MongoDB Atlas, with our own expertise, professional services, and strategic partnerships with leaders in GenAI technologies to provide comprehensive roadmaps for organisations of all sizes to confidently adopt and implement GenAI,” he added.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

According to GlobalData’s deals database, the total value of US GenAI deals totalled $7bn in 2023. This marked a major increase over 2022 when deals totalled $3.3bn.

In 2018, the value of GenAI venture financing deals in the country was just $215m.

The volume and value of GenAI deals have been rapidly increasing in the US, driven by the release of OpenAI’s ChatGPT.

GlobalData forecasts that the overall AI market will be worth $909bn by 2030, having grown at a compound annual growth rate (CAGR) of 35% between 2022 and 2030.

In the GenAI space, revenues are expected to grow from $1.8bn in 2022 to $33bn in 2027, a CAGR of 80%.