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$AKAM Akamai Technologies Inc Deep Dive and 2024 Outlook
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$AKAM Akamai Technologies Inc Deep Dive and 2024 Outlook

The Content Delivery Network is finally heading up and in the right direction

Mukund Mohan's avatar
Mukund Mohan
Jun 14, 2024
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$AKAM Akamai Technologies Inc Deep Dive and 2024 Outlook
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Akamai Technologies, founded in 1998 by Dr. Tom Leighton and Danny Lewin, is a leading provider of cloud computing, content delivery, and cybersecurity solutions. Based on applied mathematics and distributed computing algorithms, Akamai's technology powers the world's largest distributed computing platform. This platform delivers and secures tens of millions of requests per second to billions of users worldwide. Akamai's products include solutions for content delivery, web and mobile performance, cloud security, enterprise access, and video delivery. The company serves a diverse customer base, including media companies, financial institutions, retailers, travel and hospitality brands, medical centers, and manufacturers in over 130 countries.

The big questions for Akamai ?

  1. Can Akamai Continue to Drive Growth in Security and Compute Services?

  2. How Will the Acquisition of Noname Security Impact Revenue and Profitability?

  3. Will Foreign Exchange Fluctuations Continue to Affect Revenue and Earnings?

  4. Can Akamai Offset the Decline in Delivery Revenue with Strong Performance in Other Segments?

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