MongoDB was recognized by InfoWorld with a "Bossie" award for its leadership in open source software, specifically in the category of 'the best open source application development tools'. The award is based on input from the developer community and other industry experts. MongoDB's features include ad hoc queries, flexible indexing, replication, high availability, automatic sharding, load balancing, and aggregation. Additionally, MongoDB's flexible storage architecture was highlighted as a significant innovation with the introduction of version 3.0, which includes features such as compression, improved concurrency control, and enhanced security measures.