Monday, May 20, 2024

Akamai Celebrates 20 Years in Asia-Pacific

Akamai Technologies, Inc (NASDAQ: AKAM) is commemorating 20 years in Asia-Pacific and Japan (APJ), and is bullish about the future as customer demand continues to grow in cloud computing and security.

The company is also celebrating its 25th anniversary globally. Building on its long heritage in content delivery and security, Akamai has expanded its services with cloud computing this year, offering customers a one-stop shop for fast, intelligent, and secure digital experiences.

Over the past five years, despite the pandemic and macroeconomic pressures, Akamai has bucked the trend, achieving significant growth in APJ. The company expects continued success in the year ahead, led by technology innovations, a strong partner program, strategic acquisitions, and high-performing teams.

Akamai has over 2000 customers in the region, including Seven West Media, Tokopedia, Hotstar, DAZN Group, SBS, China Merchants Securities, Xero, The Pokémon Group, and Mediacorp.

The company has been instrumental in enabling Tokopedia to provide seamless shopping experiences to its customers. In addition, Akamai has facilitated Hotstar to deliver India’s leading cricket tournament to more than 10.3 million concurrent users. Akamai’s technology is also protecting businesses across APJ in a fast-changing and intensifying threat landscape. In February 2023, Akamai mitigated the largest DDoS attack ever launched against a customer based in APJ, with attack traffic peaking at 900.1 gigabits per second and 158.2 million packets per second.

Akamai Connected Cloud offers the world’s most distributed cloud platform, which was designed to meet the needs of modern applications that require higher performance, lower latency, and true global scalability that existing cloud architectures were not built to provide.

The company continues to invest in its cloud computing footprint with new sites slated for Chennai, Osaka, Jakarta, and Auckland to complement existing facilities in Singapore, Sydney, Tokyo, and Mumbai. They mark the first major step in Akamai’s push to put compute, storage, database, and other services in the same backbone that powers its edge network today — a massively distributed footprint spanning more than 4100 locations across more than 130 countries.

Across the region, Akamai works with 150 partners who are integral to its success. The company is looking to grow its channel network in APJ, with enhanced offerings sought after by key sectors such as financial services, media and entertainment, broadcast, public sector, higher education, hospitality, travel, retail, games publishers, and start-ups. In the past year, Akamai formed strategic alliances with well-known partners Fujitsu (Australia) and Wangsu (China), building on existing strategic partnerships in the region that include Telstra (Australia), NTT Ltd. (India), CTC (Japan), and Telin (Indonesia).

The company has been able to successfully respond to customer demands and offer customers a complete tech stack with strategic acquisitions across its cloud computing, security, and content delivery divisions.

Akamai’s recent acquisition of StackPath will extend its standard offerings and support to customers looking for an enterprise solution to their content delivery, cybersecurity and cloud computing needs. A definitive agreement to acquire Neosec, an API detection and response platform based on data and behavioural analytics, complements Akamai’s API security portfolio by dramatically extending the company’s visibility into the rapidly growing API threat landscape.

Other notable acquisitions include cloud storage company Ondat, cloud hosting provider Linode, and microsegmentation technology specialist Guardicore.

Akamai has also created more than 3200 jobs in 14 countries in APJ and anticipates boosting its workforce across the board to cater to growing customer requirements in cloud computing, security, and content delivery.

“Our goal is to empower businesses to better control their costs in areas like cloud, and build and deploy solutions that help them achieve and maintain customer excellence to drive profitable growth. Akamai’s agility to meet changing market conditions is testament to our ability to continuously innovate and stay relevant to customers. As we celebrate 20 years of Akamai in APJ, we are excited to usher in a new era of technology and are ready to solve the biggest business challenges facing our customers so they can successfully navigate economic and other roadblocks in future,” said Parimal Pandya, Vice President, Sales and Managing Director, Akamai, Asia-Pacific & Japan.


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