How DigitalOcean Is Making Waves

Cloud provider DigitalOcean (NYSE: DOCN) is taking the plunge and competing with big cloud behemoths like Amazon's (NASDAQ: AMZN) AWS, Microsoft's (NASDAQ: MSFT) Azure, and Alphabet's (NASDAQ: GOOGL)(NASDAQ: GOOG) Google Cloud. DigitalOcean focuses on providing simplicity and transparency to small and medium-sized businesses, which the big providers have failed to do. By targeting this unique customer demographic, DigitalOcean has the opportunity to succeed and become the best niche cloud provider in this market.

Large cloud providers like Amazon and Microsoft get the biggest bang for their buck by providing sophisticated, pricey applications to large enterprises. But those applications are challenging to set up for customers with little or no cloud experience on these platforms. 

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Source Fool.com