We expect Akamai’s distributed platform, technology leadership and reach to help its security business to cross $1 billion in revenue by 2021.
Cloud Security Solutions Revenue
Akamai provides solutions for delivering content across the Internet. The company’s distributed platform helps its reach over 130 countries. Akamai benefits from the insights gleaned from the company’s access to flow of traffic and has been able to use these insights to build upon its security business.The company’s core business of content delivery (through caching customer data to minimize latency) has seen competition from even some of its own customers which Akamai calls internet platforms (including Amazon, Apple, Facebook, Google, Microsoft and Google). However, the reach and technical strength of Akamai’s network has allowed it to become an important player in the growing edge computing market. Building upon the reliability of Akamai’s network and in view of the increasing security risks emanating at the edge, security has been a natural value add for Akamai’s product portfolio. Consequently, the company’s cloud security business has witnessed close to 30% y-o-y growth for the last many quarters.
Akamai's cloud security business consists of:
Web Application Protector: A solution to guard against web application and distributed denial of service (DDoS) attacks.Kona Site Defender: A cloud security solution to guard against network and application layer DDoS attacks, web application attacks and direct-to-origin attacks.Bot Manager: A tool to identify bots, categorize and manage different bots based on a customers’ security policies.Fast DNS: DNS stand for Domain Name System and translates human-readable domain names into numerical values to be processed by machines. Fast DNS is a solution to guard against DNS-based DDoS attacks.Prolexic Routed: A solution to guard against high-bandwidth, sustained DDoS attacks.Client Reputation: A traffic analysis and profiling tool to intimate customers about potential threats.Enterprise Application Access and Enterprise Threat Protector: Help control access of individual applications behind the firewall.