Akamai has reorganized its operations to strengthen its peripheral technology and $ 1 billion security business so that customers can take advantage of serverless computing.
The intelligent peripheral platform provider will be based in Cambridge, Mass. Launch of the newly formed Security Technology and Edge Technology industry groups on March 1, both will be supported by a single global sales organization. Having a unified global sales agency will make it easier for customers and prospects to look to purchase the full range of Akamai’s delivery and security offering, the company said.
“With Akamai’s new organizational structure, I am confident that we can better support the dynamic needs of our customers and partners, and make more effective use of emerging growth opportunities,” he said. Akamai co-founder and CEO Tom Leighton in a statement.
[Related: Akamai Buys IoT Security Vendor Inverse To Better Spot Devices]
Akamai’s new Security Technology group will focus on infrastructure protection and access control as well as protecting customer web premises, mobile apps and APIs, the company said. Akamai Longtime WebSpace President and General Manager Rick McConnell will lead the Security Technology group, which will focus on driving core business growth and expanding into attractive market practices.
Revenue for Akamai Security Technology Group rose to $ 1.06 billion in 2020, up 25 percent from $ 848.7 million a year earlier. Just last week, the Montreal-based company bought Inverse to identify IoT and mobile devices such as internet-enabled HVACs, lighting systems, medical equipment, robots and printers in enterprise environments.
At the same time, the company’s new Edge Technology Group will bring together an additional Akamai Mind Enterprise Platform delivered in media, web performance and peripheral computing devices to help businesses deliver immersive online experiences across on diverse application architecture. The group will be led by Adam Karon, who has been executive vice president and general manager of the Akamai Media and Transportation Division since March 2017.
Sales for Akamai’s Edge Technology group rose to $ 2.14 billion, up 4 percent from $ 2.04 billion a year earlier. At the same time, PJ Joseph will be encouraged from running sales for the Media and Carriers division to overseeing the company’s global sales group, where he will focus on accelerating revenue. in, developing channel partnerships and increasing acceptance of security output.
Akamai introduced a new partner program last month that promises more than double margins for solution providers that provide design and implementation services to customers. In the new program, solution providers proven to deliver advanced services around Akamai can earn margins of up to 40 percent, while demand-gene partners will be eligible for margins of between 15 percent and 20 percent .
In other executive moves, Enterprise Division General Manager and Platform Executive Vice President Robert Blumofe will move into the position of re-established chief technology officer. In that position, Akamai said Blumofe will be responsible for developing a coherent innovation strategy that will position Akamai to take advantage of growth opportunities in areas such as 5G, IoT and other technologies. emerging.
And from a marketing standpoint, Kim Salem-Jackson, senior vice president and general manager of corporate communications, will take over for Monique Bonner as chief marketing officer. Bonner will move into the role of executive consultant in a planned transition that Akamai said will allow her to spend more time with her family while still ensuring the success of major ongoing marketing campaigns. right now.
“I want to thank Monique for her leadership over the past four years, as she successfully led the transformation of our marketing team,” Leighton said in a statement. “I am delighted to welcome Kim and PJ to our executive management team, and look forward to working with all leaders in their new roles to lead Akamai’s next growth phase. . ”