Cloud computing is one of the most transformative technologies of our time. Almost every business in the world uses it in some capacity, whether it's to host a website, store data, or even develop software.

Businesses are more conscious about how much they invest in their digital capabilities during this tough economic period, causing the cloud industry to experience a slowdown recently. Nonetheless, DigitalOcean (NYSE: DOCN) is one company in the space that continues to deliver robust growth, even outpacing its extremely powerful competitors.

DigitalOcean's stock remains down 74% from its all-time high amid the broader sell-off in the technology sector. Here's why that presents a great long-term opportunity for investors.

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Source Fool.com