DigitalOcean Introduces Cloud-Hosted Scalable Storage for Managed Databases

October 3, 2023

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

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
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may be identified by their use of terms and phrases such as “anticipate,” “enable,” “expect,” “will,” “believe,” “continue” and other similar terms and phrases. The outcome of the events described in these forward-looking statements is subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from the results anticipated by these forward-looking statements, including those factors contained in the “Risk Factors” section of our SEC filings. It is not possible for us to predict all risks and uncertainties that could have an impact on the forward-looking statements contained in this release. The results, events and circumstances reflected in the forward-looking statements may not be achieved or occur.

Media
Jayna Dunning
press@digitalocean.com

Investor
Rob Bradley
investors@digitalocean.com

Source: DigitalOcean Holdings, Inc.