CDNetworks is Gaining Momentum as a Security and Edge Services Provider While Seeing a Net Profit Increase of over 52%

By AIT News Desk On Feb 9, 2023

CDNetworks, the global-leading Content Delivery Network (CDN) and Edge Service provider, is proud to announce upgrades to its operation strategies and new product portfolios based on its acquisition by Wangsu. The synergies derived from this acquisition resulted in the highest net profit since the company’s acquisition, and strategically position CDNetworks for increases in revenue in security and edge services worldwide.

Over the past few years, the synergies derived from resources, customers, and R&D have spurred CDNetworks to align its customer-oriented operations with its parent company Wangsu.

Product Portfolios: To strengthen its presence in today’s global market, CDNetworks rebuilt product portfolios and changed its core business from the Content Delivery Network (CDN) only, to include security and edge services, with CDN as a key component.

Based on its core CDN infrastructure, CDNetworks added solutions and services such as Media Delivery, Cloud Security, Zero-Trust, and Edge Computing. Combining the power of these customer-oriented products, the latest product portfolios empowers CDNetworks to provide truly comprehensive services that address real-world challenges. These new product portfolios have accelerated CDNetworks’ ability to achieve global scale.

– Marketplace Strategy: As a company founded in Korea, CDNetworks expanded to meet the needs of customers around the world and set up 14 global offices and 10 R&D centers. In 2019, with an eye on multiple emerging markets in South East Asia (SSEA), CDNetworks moved its international headquarters to Singapore and set up a 24/7 customer support center in Malaysia. CDNetworks also built local support teams at key locations worldwide, including Singapore, Malaysia, Japan, South Korea, UK, US, and China. With these local Points of Presence (PoPs) in place, CDNetworks was positioned to create deeper collaborations with customers by communicating with them in their native language in order to explore their requirements and provide customized solutions that meet their business demands.

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This strategy met with unparalleled success. The SSEA region reports 58.9% revenue growth in FY22. Total regional revenue of SSEA and Greater China together have accounted for about 45% of CDNetworks’ global market. This remarkable performance will bring more confidences in the further investment of localization to win more markets in worldwide.

Operational Optimization: To support new product portfolios, CDNetworks leveraged the resources of its parent company, Wangsu, to capture, coordinate, and collaborate cross-company synergies, and to integrate sufficient resources in daily operations to bring new products to market. At the same time, CDNetworks streamlined product development and maintenance, and deprecated some long-tail products in order to increase company-wide operational efficiencies.

Resource Expansion: After the acquisition, CDNetworks has accelerated the deployment of its global Points of Presence (PoPs) to ensure the highest levels of speed and availability in hard-to-reach markets, such as China, Russia, Brazil, and the Middle East. With over 200,000 servers, more than 200 ISP partners deployed worldwide, and over 2,800 global PoPs, CDNetworks is now uniquely positioned to offer an unmatched network presence in many emerging markets and beyond.

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