DigitalOcean Introduces Cloud-Hosted Scalable Storage for Managed Databases

Rhea-AI Summary

DigitalOcean launches Scalable Storage for PostgreSQL and MySQL Managed Databases, providing flexible and cost-effective storage options for SMBs and startups.

Positive

• Scalable Storage allows users to add disk storage in 10 GB increments for $2/month, preventing underutilization and optimizing customer spend.
• Storage capacity now up to 15 TB, helping businesses handle large database workloads.
• Customers can monitor utilization data and set alerts to optimize costs while maintaining performance.

Negative

• None.

New flexible and cost-effective storage solution enables SMBs and startups to scale seamlessly

NEW YORK--(BUSINESS WIRE)-- DigitalOcean Holdings, Inc. (NYSE:DOCN), the cloud for startups and SMBs, today announced the launch of Scalable Storage for DigitalOcean PostgreSQL and MySQL Managed Databases, which enables small and medium-sized businesses to only pay for the data resources they need, preventing cloud underutilization and optimizing customer spend. With this new offering, DigitalOcean customers can increase the disk storage of their Managed Databases without needing to change compute and memory to meet higher data utilization demands.

"As businesses continue to grow and face ever-increasing customer demands, they need a database solution that can seamlessly scale alongside them,” said Megan Wood, Chief Strategy & Product Officer at DigitalOcean. “DigitalOcean’s portfolio is tailored to meet the needs of startups and tech entrepreneurs, enabling them with flexible and cost-effective solutions like Scalable Storage. With this new offering, businesses can easily accommodate dynamic database storage requirements and expand their data footprint with confidence, making it easier to grow in the cloud.”

Almost all businesses require a database that can scale to meet their needs, whether it’s an AI company storing voice recordings to train their large language model or an e-commerce website keeping inventory data up to date. For startups and SMBs with limited resources, the ability to have flexible and affordable storage options is also critical. Scalable Storage gives users the flexibility to add storage to MySQL and PostgreSQL Managed Databases at cost-effective prices with minimal friction and downtime. With a variety of shared and dedicated configuration plans, DigitalOcean customers can benefit from more customizable options that better fit their businesses.

• Add disk storage without adding compute and memory: Through this offering, users can add disk storage in 10 GB increments each priced at $2/month to meet constantly shifting demand without needing to increase compute and memory. Customers at different user levels can make changes to their disk storage capacity through various ways of interactions, including the Cloud Console or via API, allowing for a simpler and more intuitive experience.
• Greater disk storage capacity: All Managed Database plans come with a range of disk storage options beginning with a minimum amount that customers can increase from two to five times the starting amount. With storage capacity now up to 15 TB, users can future-proof their databases by helping to ensure they can handle the largest of database production workloads.
• Monitoring to optimize costs: Customers can scale compute, memory, and storage when it matters most by monitoring utilization data and setting alerts. By only paying for the database compute and storage resources needed, businesses can continue to optimize costs while maintaining peak performance.

Alongside DigitalOcean Scalable Storage, DigitalOcean has been making investments in its product and infrastructure offerings to provide peace of mind, increased productivity, and more affordable solutions for SMBs and startups. For more information on pricing and availability, visit https://www.digitalocean.com/pricing/managed-databases.

About DigitalOcean
DigitalOcean simplifies cloud computing so builders and businesses can spend more time creating software that changes the world. With its mission-critical infrastructure and fully managed offerings, DigitalOcean helps developers at startups and small and medium-sized businesses (SMBs) rapidly build, deploy and scale, whether creating a digital presence or building digital products. DigitalOcean combines the power of simplicity, security, community and customer support so customers can spend less time managing their infrastructure and more time building innovative applications that drive business growth. For more information, visit digitalocean.com.

Forward-Looking Statements
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View source version on businesswire.com: https://www.businesswire.com/news/home/20231003690285/en/

Media

Jayna Dunning

press@digitalocean.com

Investor

Rob Bradley

investors@digitalocean.com

Source: DigitalOcean Holdings, Inc.