DigitalOcean Introduces Scalable Storage for Managed MongoDB Offering
DigitalOcean Holdings, Inc. (DOCN)
Company Research
Source: Business Wire
Customers can now scale database storage independently, enabling cost optimizations NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the simple scalable cloud, today introduced scalable storage for DigitalOcean’s Managed MongoDB offering, giving users the ability to scale their cloud storage capacity independently of other compute requirements. This new functionality will provide customers with greater flexibility to adapt to growing data demands and fluctuating workloads, without the unnecessary expense of added compute capacity.DigitalOcean’s Managed MongoDB is a fully managed database-as-a-service certified by MongoDB, built in close collaboration with MongoDB, and operated by DigitalOcean. Prior to this update, customers who needed to add storage capacity to their managed databases were required to upgrade the whole database plan, including processor and memory. By making it possible to scale storage capacity independently, customers benefit from greater fle
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News
- DigitalOcean (DOCN) Upgraded to Buy: Here's What You Should Know [Yahoo! Finance]Yahoo! Finance
- Unpacking Q3 Earnings: DigitalOcean (NYSE:DOCN) In The Context Of Other Data Storage Stocks [Yahoo! Finance]Yahoo! Finance
- Ceph, the Default Choice of Enterprise Storage for Mission Critical Workloads, Expands Yearly Event and Welcomes DigitalOcean as its Newest Member [Yahoo! Finance]Yahoo! Finance
- DigitalOcean Holdings, Inc. (NYSE: DOCN) had its price target raised by analysts at Stifel Nicolaus from $35.00 to $40.00. They now have a "hold" rating on the stock.MarketBeat
- AMD invests in GPU cloud provider Vultr at $3.5 billion valuation [CNBC]CNBC
DOCN
Earnings
- 11/4/24 - Beat
DOCN
Sec Filings
- 12/19/24 - Form 4
- 12/18/24 - Form 144
- 12/6/24 - Form 4
- DOCN's page on the SEC website