Akamai Technologies, Inc. develops and provides solutions for global enterprises to build, deliver, and secure their digital experiences on its massively distributed worldwide network. This platform, referred to as Akamai Connected Cloud, is comprised of an edge and cloud architecture and underlying network for cloud computing, security and content delivery services. Akamai Connected Cloud spans more than 4,100 edge points-of-presence in approximately 130 countries and nearly 750 cities. Akamai's mission is to power and protect life online. The company provides solutions in three core offerings: security, content delivery and compute.

• Employees: Over 10,250 (as of December 31, 2023)
• Geographic Footprint: More than 30 countries
• Headquarters: Cambridge, Massachusetts
• Founded: 1998
• Number of locations/facilities: More than 4,100 edge points-of-presence
• Revenue: $3.81 billion (FY2023)
• Key Subsidiaries/Brands: Linode, Guardicore, Neosec, StorageOS

• CEO: F. Thomson Leighton
• CFO: Edward McGowan
• Other Key Executives: Aaron Ahola (Executive Vice President, General Counsel and Corporate Secretary), Robert Blumofe (Executive Vice President and Chief Technology Officer), Adam Karon (Chief Operating Officer and General Manager of the Cloud Technology Group), Kim Salem-Jackson (Executive Vice President and Chief Marketing Officer), Paul Joseph (Executive Vice President, Global Sales and Services), Mani Sundaram (Executive Vice President and General Manager of the Security Technology Group), Anthony Williams (Executive Vice President and Chief Human Resources Officer)
• Board Chair: Sharon Y. Bowen

• Annual Revenue: $3.81 billion (FY2023)
• Net Income: $547.6 million
• Total Assets: $9.9 billion
• Number of employees: Over 10,250 (as of December 31, 2023)
• Key Financial Highlights: Security and compute revenue represented over half of total revenue in 2023.

Akamai provides solutions in three core offerings:

• Security: Solutions designed to keep infrastructure, websites, applications, APIs and users safe from cyberattacks and online threats. Includes web application and API protection, bot management and mitigation, DDoS mitigation, and zero trust solutions.
• Content Delivery: Solutions consist primarily of web and mobile performance focused solutions and media delivery solutions. These services enable dynamic websites and applications to have rapid response times.
• Compute: Cloud computing services that include compute, storage, networking, database and container management services. Enables companies to distribute workloads and applications across core to edge infrastructure.

The company's revenue is categorized into three main segments:

• Security: $1.77 billion (FY2023)
• Delivery: $1.54 billion (FY2023)
• Compute: $504.2 million (FY2023)

Akamai's strategy is to help continue to drive the transformation of the internet by offering compute, security and content delivery services on Akamai Connected Cloud that empower its customers to compete and operate with the scale, resilience and efficiency that their businesses demand. Key initiatives include expanding cloud computing services, enhancing security solutions, and optimizing content delivery.

• Strategic Initiatives: Focus on security and compute solutions, expansion of compute infrastructure, enhancing security and reliability features, and improving software deployment to address security vulnerabilities.
• Growth Drivers: Increasing demand for security, delivery, and compute solutions, and expansion into new markets.
• Investment Priorities: Continued investment in security and cloud computing, and expansion of global network infrastructure.

Akamai operates in the intensely competitive market of cloud computing, security, and content delivery. Key trends include the rapid evolution of technology, evolving industry standards, and frequent new product and service innovations.

• Market Position: Akamai is a leading provider of cloud services, security solutions and content delivery services.
• Key Competitors: Competitors range from start-ups to large technology and telecommunications companies.
• Industry Trends: Rapidly changing technology, evolving industry standards, and frequent new product and service innovations.

• Financial and Operational Risks: Potential slowing revenue growth, global economic and geopolitical conditions, and the ability to maintain prices and compete effectively.
• Global Conditions: Impact of global macroeconomic conditions, including inflation, interest rates, tax rates, economic uncertainty, political instability, warfare, changes in laws, trade barriers, and sanctions.
• Cybersecurity Risks: Cybersecurity breaches and attacks on the company, its contractors, or third-party vendors, and the steps needed to prevent them.
• Competition: Intense competition from companies offering internet content delivery, hosting services, security and cloud computing solutions.
• Intellectual Property: Risks related to intellectual property infringement claims and the ability to protect the company's intellectual property rights.