If you asked CEO Tom Leighton five years ago to describe Akamai Technologies, his answer would have been different than it is today.
Today he describes the company as the “world’s most widespread cloud services provider” with services in the areas of data processing, security and provisioning. The company, which has been evolving since its early days as a content delivery network (CDN) provider, reached a major milestone on its journey this past quarter.
Akamai’s security and computing revenue combined dwarfed deployment revenue for the first time. Security revenue increased 23% year-over-year to $382 million and computer revenue reached $78 million, up 32%. Shipment revenue, meanwhile, fell 6% to $444 million.
“Next year, security will be the biggest of the three,” Leighton said in an interview with Protocol.
“It will not be the majority yet, but it will be greater than delivery and calculation. Depends on how fast computing power grows, but this is a huge market and who knows, maybe…