The World's Five Forces Analysis: Akamai
Part C
During the 21st century, the world’s needs for digital content have expanded significantly, and Akamai took the effort to benefit from this trend. The Porter's analysis is a powerful tool to identify the company’s current competitive position and determine whether the business has the potential to be profitable in the future perspectives. According to the Five Forces Analysis, there are five factors that can determine Akamai’s competitiveness. Let us look at them in detail.
Threat of Substitution: Akamai is the leading provider of cloud services staying in business for more than 17 years and considering itself pioneers in the development of the cloud content solutions. Basically, online shopping, music and video download contents, as well as remote control options are mainly supported by Akamai’s cloud platform. Akamai allows websites and business applications to operate with innovations by removing the complexities of technology and providing highly-performed reliability, security and visibility. Currently, there is no other product on the market with equally broad …show more content…
For the moment Akamai favorably competes with its rivals through the global scale of the Akamai Intelligent Platform, which provides the most effective service to the enterprises and benefit from the superior quality of its product. Nevertheless, the intense competition creates the so-called “price war”, which Akamai does not always manage to benefit from (Weins, 2016).
The Akamai management tries to maintain its record of excellent performance, according to the corporate policies by constantly refining its governance principles, procedures and practices align with evolving best practices. The process is monitored by the stockholders who regularly contact with investors to gain insights into the governance issues which are the main source of their
During the 21st century, the world’s needs for digital content have expanded significantly, and Akamai took the effort to benefit from this trend. The Porter's analysis is a powerful tool to identify the company’s current competitive position and determine whether the business has the potential to be profitable in the future perspectives. According to the Five Forces Analysis, there are five factors that can determine Akamai’s competitiveness. Let us look at them in detail.
Threat of Substitution: Akamai is the leading provider of cloud services staying in business for more than 17 years and considering itself pioneers in the development of the cloud content solutions. Basically, online shopping, music and video download contents, as well as remote control options are mainly supported by Akamai’s cloud platform. Akamai allows websites and business applications to operate with innovations by removing the complexities of technology and providing highly-performed reliability, security and visibility. Currently, there is no other product on the market with equally broad …show more content…
For the moment Akamai favorably competes with its rivals through the global scale of the Akamai Intelligent Platform, which provides the most effective service to the enterprises and benefit from the superior quality of its product. Nevertheless, the intense competition creates the so-called “price war”, which Akamai does not always manage to benefit from (Weins, 2016).
The Akamai management tries to maintain its record of excellent performance, according to the corporate policies by constantly refining its governance principles, procedures and practices align with evolving best practices. The process is monitored by the stockholders who regularly contact with investors to gain insights into the governance issues which are the main source of their