NET - Can Limelight Networks Win Against Fastly and Cloudflare?
Limelight Networks (NASDAQ: LLNW) posted ugly fourth-quarter earnings results last week. New CEO Bob Lyons has a plan to improve the content delivery network specialist's performance going forward, but that could create a significant challenge for the company: The changes mean Limelight will increasingly compete against the innovative and fast-growing players Cloudflare (NYSE: NET) and Fastly (NYSE: FSLY) .
Limelight Networks' content delivery network (CDN) business is poised to grow over the long term. Indeed, with the digitization of enterprises and the secular increase in consumption of online services, users demand flawless digital experiences. And CDNs provide the computing infrastructure for enterprises to accelerate access to their online applications and services. In addition, with computing infrastructure located between users and online applications, CDNs have become an ideal area to implement cybersecurity features that protect online services from hostile actors.
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Can Limelight Networks Win Against Fastly and Cloudflare?