Akamai Technologies, Inc. is a public company founded in 1998 by Daniel Lewin and Tom Leighton. The company is headquartered in Cambridge, Massachusetts. It addresses problems associated with the Internet such as performance, security and scalability. The company created a globally distributed network of servers which is controlled by proprietary software. Akamai provides services for accelerating and improving the delivery of content and applications over the Internet. In June 2010, the Company acquired substantially all of the assets and liabilities of Velocitude LLC (“Velocitude”), in exchange for payment of approximately USD 12.0 million in cash.
With around 2,200 employees, Akamai generated revenue of USD 1 bn in 2010. It has offices in Atlanta, Bellevue, Chicago, Dallas, New York, San Diego, Germany, Paris, Milan, Stockholm, Bangalore, Sydney, Beijing, Tokyo, Korea and Singapore.
Business line, Products and Service offerings:
- Product: Akamai's EdgePlatform is a network of more than 84,000 secure servers equipped with proprietary software and deployed in 72 countries that relies on applied mathematics and algorithms to help solve congestion and vulnerability problems on the Internet.The company has built specific solutions that help companies with their cloud computing efforts, commerce websites, online HD video, downloads and security needs.
- Services: Key services provided by the company are:
Akamai Global Traffic Manager: Akamai's Global Traffic Manager is a Cloud-based service that applies an Internet-centric, DNS level approach to global server load balancing. Enterprises and cloud providers with multiple origin data centers can leverage Akamai's global load balancing service to ensure high availability and performance for end users.
- Akamai Web Application Accelerator: Akamai's Web Application Accelerator globally delivers capabilities oriented for business or extranet applications running in the cloud, such as advanced access control rules integrated within complex firewall access policies and the ability for SaaS application vendors to provision and manage on an application-by-application and user-by-user basis.
- Akamai EdgeComputing: EdgeComputing enables companies to deploy and execute Applications that are based on infrequently changing data, or that can be batch processed on the backend can be run with little or no need for origin infrastructure. This on-demand architecture gives enterprises an infrastructure that can instantaneously scale to handle any level of demand.
- Akamai NetStorage: Akamai NetStorage is a secure, outsourced service for high-availability storage on demand. It is a fully-managed, pay-per-use solution that delivers scalability and eliminates the need for in-house storage infrastructure.
- Akamai Dynamic Site Accelerator: Dynamic Site Accelerator provides dedicated consumer-facing commerce and media capabilities that are required to successfully run application and components on third party cloud platforms.
Akamai’s customer base is centered on enterprises. As of December 31, 2010, its customers included many of the world’s leading corporations, including Adobe, Apple, Audi, Best Buy, EMC, Hitachi, Home Depot, L’Oreal, Microsoft, MTV Networks, the National Football League, Philips, Qantas, SAP Standard Chartered Bank andVictoria’s Secret. It also actively sells to government agencies. As of December 31, 2010, its public sector customers included the Federal Emergency Management Agency, the U.S. Air Force, the U.S. Census Bureau, the U.S. Department of Defense, the U.S. Food and Drug Administration and the U.S. Department of Labor.
Strategic Priorities: Akamai believe there are several fundamental trends playing out in the market, trends that will help drive long-term growth: cloud computing, the increased need for security beyond the data center, the massive growth in intelligent mobile devices, and continued adoption of online video. It plans to grow as cloud computing service provider and expand across the information technology landscape.
- Chairman – George H. Conrades
- CEO – Paul L. Sagan
- President – David Kenny
- On February 14, 2011 during Mobile World Congress 2011 Ericsson and Akamai announced an exclusive strategic alliance focused on bringing to market mobile cloud acceleration solutions aimed at improving end-user Internet experiences such as mobile ecommerce, enterprise applications and internet content. The companies will jointly develop solutions for the fast-growing market of content and applications delivered to mobile devices.
- Akamai introduced EdgeTokenization electronic payment security service in 2010. It is a solution designed to improve the security of credit card transactions for its commerce customers.
8 Cambridge Center