AKAMAI TECHNOLOGIES INC (AKAM)

Akamai, founded in 1998, provides solutions for global enterprises to build, secure and accelerate their applications and digital experiences, with a stated mission of powering and protecting life online. It runs a massively distributed global infrastructure made up of core and distributed compute sites, more than 4,300 edge points-of-presence in over 130 countries and roughly 700 cities, and a network integrated with about 1,200 network partners. Using the visibility this gives into internet traffic, congestion and attack patterns, Akamai offers security, cloud computing, delivery and AI infrastructure services, along with services and support for customers using them.

The business is organized around three core offerings. Security runs on two platforms, Application Protection and Zero Trust Network Security. It includes web application firewall, bot management, DDoS protection, DNS security, API security (strengthened by the Neosec and Noname Security acquisitions), and the Guardicore Platform for microsegmentation, Zero Trust Network Access, multi-factor authentication and threat hunting. In 2025 Akamai launched Firewall for AI to protect AI applications and LLMs. Cloud computing comprises Cloud Infrastructure Services (compute, storage, cloud-native and networking, EdgeWorkers serverless, the Akamai App Platform built on Otomi, and NVIDIA GPU offerings), plus other cloud applications such as API Acceleration, cloudlets and traffic management. In 2025 it launched Akamai Inference Cloud for edge AI inference and acquired Fermyon, a serverless WebAssembly company. Delivery covers web and mobile performance (site acceleration, load balancing, real-user monitoring) and media delivery (video streaming, game and software delivery, authoritative DNS). Professional services, premium and managed security support, and 24/7 customer support complement these.

Customers include many large corporations across media, gaming, financial services, retail, travel, technology and manufacturing, such as Adobe, Airbnb, Comcast, eBay, Marriott, Sony Interactive Entertainment and Spotify. Akamai also sells to government agencies, including the U.S. Departments of Defense, Labor, Transportation and the Treasury. No customer accounted for 10% or more of revenue in 2023 through 2025, and less than 10% of revenue came from contracts terminable by the federal government. Solutions are sold globally through a field sales and services organization based in the Americas, Europe, the Middle East and Asia-Pacific, and through channel partners such as Carahsoft, Deloitte, Kyndryl, Microsoft Azure, Optiv, SHI and Telefonica Group, as well as system integrators, referral partners and marketplaces.

Akamai competes in an intensely competitive market against providers of content delivery and hosting, security, cloud computing, carrier technologies, streaming delivery and equipment-based performance solutions, and against customers who build their own technology. Its security products compete with hardware and software vendors, and its cloud computing services are expected to increasingly face large hyperscale providers. It competes on performance, reliability, network distribution, return on investment, compute placement, innovation and support. As of December 31, 2025, it had over 11,000 employees in more than 30 countries, about 65% outside the U.S., and is subject to regulation on data privacy, cybersecurity, AI, export controls and content, among other areas.