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DigitalOcean stock SWAT analysis
4 min readAug 6, 2021
What is DigitalOcean?
DigitalOcean is one of public cloud providers similar to Amazon Web Service (AWS), Microsoft Azure, or Google Cloud Platform (GCP). The platform has a reputation for being relatively cheap among all cloud enterprises, well written documentation, and friendly approach for developers and programmers.
Strengths of DigitalOcean:
Digital ocean have strengths in the following area:
- DigitalOcean reported about an annual revenue of $318.4 million USD in 2020, which is a fairly significant amount, and growing
- DigitalOcean user bases got grown into over 700K users in just 5 years
- DigitalOcean is one of preferred platforms among developers and hobby programmers who need a cheap, easy-to-play with cloud platforms
- DigitalOcean is an “unicorn” worth billion dollars of…
