DigitalOcean provides a managed database service that allows developers to offload complex database administration tasks to the company. The managed databases are created, backed up, secured, and made highly available by DigitalOcean, enabling developers to focus on their applications. The service is designed for customers who want to reduce latency, improve security, and increase availability of their customer-facing apps. However, it may not be suitable for low-traffic personal blogs or prototyping phases where cost is a concern. The managed databases start at $15/month and have various features such as automatic backups, encryption, software updates, and traffic failover.