Akamai Technologies Inc - AKAM STOCK NEWS

Akamai Technologies (NASDAQ: AKAM) has announced significant updates to its Security Certified Service Provider programs for API security solutions and Guardicore Segmentation. The enhancement allows certified partners to provide Day-2 Operations Services for API security products and technical support for Guardicore Segmentation directly to customers.

The company revealed that it recorded 108 billion API attacks from January 2023 through June 2024, highlighting the critical need for robust API security. The Day-2 Operations Services include operational management, security incident management, and active testing for API security. For Guardicore Segmentation, services encompass segmentation administration, security incident management, and audit and compliance services.

Orange Cyberdefense in France has already endorsed these program updates, noting their enhanced ability to deliver services directly to customers and strengthen their microsegmentation service offering.

Akamai Technologies (NASDAQ: AKAM) has released its State of the Internet (SOTI) report revealing significant cybersecurity trends in 2024. The report highlights a 33% year-over-year increase in web attacks, totaling 311 billion incidents, largely driven by AI application adoption.

Key findings include:

• 150 billion API attacks documented from January 2023 through December 2024
• 94% increase in Layer 7 DDoS attacks between Q1 2023 and Q4 2024
• Monthly attack volumes rose from 500 billion to 1.1 trillion by December 2024
• Commerce sector faced over 230 billion web attacks, triple the amount of the second most targeted sector
• 32% increase in OWASP API Security Top 10-related incidents
• 30% growth in MITRE security framework alerts

Akamai Technologies (NASDAQ: AKAM), a cybersecurity and cloud computing company, has scheduled its first quarter 2025 investor conference call for Thursday, May 8, 2025, at 4:30 PM ET. The call will cover Q1 2025 financial results and may include forward-looking financial guidance from management.

The event will be accessible via live dial-in numbers (U.S.: 833-634-5020, International: 412-902-4238) and will be broadcast live on Akamai's Investor Relations webpage. A two-week replay will be available by calling 877-344-7529 (U.S.) or 412-317-0088 (International) with Conference ID: 9406971. The webcast recording will be archived on Akamai's website.

Akamai Technologies (NASDAQ: AKAM) has unveiled App & API Protector Hybrid, expanding its web application firewall (WAF) capabilities across multiple environments. The new solution enables organizations to implement consistent security measures for applications and APIs across multicloud, on-premises, and CDN-agnostic infrastructures.

The hybrid solution offers three key benefits:

• Standardization of WAF protections across multiple environments with unified policy enforcement
• Reduced operational overhead through consolidated security management
• Seamless and secure deployment across multicloud and on-premises environments

The product enhances protection against sophisticated threats while providing resilience, scalability, and simplified security management for applications, APIs, microservices, and workloads.

Akamai Technologies (NASDAQ: AKAM) announced that Queue-it has joined their Qualified Compute Partner Program as an Independent Software Vendor (ISV). Queue-it's virtual waiting room technology will integrate with Akamai's EdgeWorkers platform to help enterprises manage peak traffic and protect infrastructure.

The partnership enables Queue-it's virtual waiting room to run fully on Akamai Cloud, providing enhanced security and reliability. The solution controls visitor flow to web applications during traffic surges, implementing fair first-in-first-out or randomized access logic with bot mitigation. Queue-it has served over 1,000 organizations across various industries and processed over 30 billion visitors through their Akamai Edge Connector.

This collaboration aims to help organizations prevent website overload during critical periods like flash sales and registrations, while optimizing infrastructure costs and protecting revenue. The service will be available through Akamai's globally distributed cloud computing platform.

Akamai (NASDAQ: AKAM) has become the new infrastructure partner for kernel.org, the main distribution system for Linux kernel source code. Through a multi-year agreement with the Linux Kernel Organization, Akamai will provide infrastructure services to support the development of the Linux operating system, which powers most of the world's technology infrastructure.

The Linux kernel, comprising approximately 28 million lines of code, has received contributions from over 13,500 developers across 1,300+ companies since 2005. Akamai will deliver the infrastructure that developers rely on at no cost, supporting Git environments for quick kernel source access globally.

As part of its commitment to open source, Akamai has also announced infrastructure support for Alpine Linux. The company is a Gold Member of the Cloud Native Computing Foundation (CNCF), has pledged US$1 million to CNCF projects, and contributes to various open-source initiatives including OpenTelemetry, Argo, and Prometheus.

Akamai (NASDAQ: AKAM) has launched Cloud Accelerated Compute Instances, becoming the first cloud provider to offer NETINT video processing units (VPUs) in the cloud. The new compute category features Quadra T1U VPUs, capable of encoding 32 live streams at 1080p30 broadcast quality and supporting up to 8Kp60 resolution.

The VPU architecture delivers up to 20 times greater throughput than CPU-only solutions at one-tenth of the cost. This technology enables companies to offload compute-intensive video processing tasks while freeing CPU resources for other functions like dynamic packaging and real-time speech-to-text captioning.

This initiative strengthens Akamai's position in media services, complementing its existing solutions trusted by the top 10 video streaming services. The company will showcase its cloud-based capabilities at the 2025 NAB Show in Las Vegas, April 6-9.

Akamai (NASDAQ: AKAM) has launched Akamai Cloud Inference, a new service that delivers significant improvements in AI inference performance. The solution offers 3x better throughput, up to 60% less latency, and 86% cost savings compared to traditional hyperscale infrastructure.

Running on Akamai Cloud's distributed platform with over 4,200 points of presence across 1,200+ networks in 130+ countries, the service includes advanced compute capabilities, data management through partnerships with VAST Data, containerization via Linode Kubernetes Engine-Enterprise, and edge compute features with WebAssembly capabilities.

The platform specifically targets the growing need for efficient AI inference processing at the edge, where real-time decision-making is crucial. Early implementations include in-car voice assistance, AI-powered crop management, image optimization, virtual shopping experiences, and customer feedback analysis.

Akamai Technologies (NASDAQ: AKAM) has been named a Leader in The Forrester Wave™: Web Application Firewall Solutions, Q1 2025 report. The company received the highest possible scores in 11 criteria, including vision, roadmap, detection models, and pricing flexibility.

The evaluation assessed 10 vendors based on 22 criteria grouped by current offering and strategy. Akamai's App & API Protector, a comprehensive solution combining web application firewall, bot mitigation, API security, and DDoS protection, was particularly praised for its detection capabilities and automation features.

According to Forrester's report, Akamai's product vision emphasizes protecting applications without compromising performance or customer experience. The company's robust product roadmap includes new protections, streamlined operations capabilities, and regulatory compliance features to expand its customer base.