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AkamaiTechnologies, Inc. (NASDAQ: AKAM), the worlds most trusted solution for securing and delivering digital experiences, today announced an organizational realignment that is intended to position the company to become even more agile in delivering its market-leading solutions for making the internet fast, intelligent and secure for major enterprises. The goal of these changes is to facilitate continued strong growth for Akamais $1 billion security business, make it easier for developers to take advantage of the power of serverless computing on the largest internet edge platform in the world, and give customers easier access to Akamais full portfolio of solutions.

Effective March 1, Akamai will be anchored by two newly created business groups, Security Technology and Edge Technology, both of which will be supported by a single global sales organization.

The company also announced it has re-established the role ofchief technology officer to further advance its innovation strategy.In his new role aschief technology officer, Dr. Robert Blumofe (currently Akamais executive vice president, Platform and general manager, Enterprise Division) will develop a cohesive innovation strategy that positions Akamai to capitalize on growth opportunities in areas such as 5G, IoT and other emerging technologies.

The companysservices organization and other corporate functions, including finance, human resources, legal and IT, will continue to support the organization across all businesses.

Marketingwill continue to support revenue growth and drive Akamais leadership in security under the leadership of Kim Salem-Jackson (currently Akamais senior vice president, global marketing and corporate communications), who will succeed Monique Bonner as chief marketing officer, in a planned transition. Bonner will move into an executive advisor role, which will allow her to spend more time with her family while still ensuring the success of key marketing initiatives currently underway.

I want to thank Monique for her leadership over the last four years, during which she successfully led the transformation of our marketing organization establishing digital-first marketing capabilities and an organization focused on accountability and contribution to the business, said Dr. Tom Leighton, co-founder and chief executive officer, Akamai Technologies. I am excited to welcome Kim and PJ to our executive leadership team, and I look forward to working with all of our leaders in their new roles to drive Akamais next phase of growth.

Commenting on the organizational realignment, Leighton added, Akamais tenacious commitment to innovate and adapt to the ever-changing and expanding demands of digital business for 22 years has helped transform the way the world operates online. In 2020, it became quite clear how critical the internet is to work, commerce, education, entertainment and government. In 2021 and beyond, we believe our collective reliance on the internet will increase further as more businesses move online, more employees work remotely over the long term, and cyberattacks continue to increase in volume, frequency and sophistication. With Akamais new organizational structure, I am confident we will be able to more nimbly support the dynamic needs of our customers and partners, and more effectively capitalize on emerging growth opportunities.

Q4 2020 Earnings Call and Investor Summit

The company will discuss the strategic organizational changes during its Q4 2020 earnings call which will be held today, February 9. 2021 at 4:30pm EST. The executive team will also expand upon Akamais strategy at its Investor Summit on Thursday, February 25, 2021 at 8:30am Eastern Time. Details for both events can be found on AkamaisInvestor Relationspage.

About Akamai

Akamai secures and delivers digital experiences for the worlds largest companies. Akamais intelligent edge platform surrounds everything, from the enterprise to the cloud, so customers and their businesses can be fast, smart, and secure. Top brands globally rely on Akamai to help them realize competitive advantage through agile solutions that extend the power of their multi-cloud architectures. Akamai keeps decisions, apps and experiences closer to users than anyone and attacks and threats far away. Akamais portfolio of edge security, web and mobile performance, enterprise access and video delivery solutions is supported by unmatched customer service, analytics and 24/7/365 monitoring. To learn why the worlds top brands trust Akamai, visitwww.akamai.com,blogs.akamai.com, or @Akamai on Twitter.

Akamai Statement Under the Private Securities Litigation Reform Act

This release contains information about future expectations, plans and prospects of Akamais management that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995, including statements about expected future benefits from the announced organizational changes. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors including, but not limited to, failure of changes to result in the benefits expected therefrom (e.g., more nimble development processes, improved channel relationships and realization of competitive advantages); failure of our investments in innovation to generate new solutions; if developed, lack of market acceptance of such service offerings and functionalities or failure of such solutions to operate as expected; and other factors that are discussed in the Companys Annual Report on Form 10-K, quarterly reports on Form 10-Q, and other documents periodically filed with the SEC.

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Akamai Realigns Organization Around Market-leading Internet Security and Edge Technology Solutions - CXOToday.com