Posted by : Randy Cooper in (CDN)

Akamai CFO: HD Video Will Give The Internet Its Next Growth Spurt

Akamai’s CFO, J.D. Sherman said that over the last couple years consumers were flocking to broadband and that was growing the volume of Internet consumption extremely rapidly, but, for now that time is over. And as a content delivery network, Akamai has to wait for the next “inflection point,” which Sherman believes will be with HD video streaming online.

That slowdown, combined with the economic climate and the tough competition in the content delivery marketplace (including newcomer AT&T) is putting pressure on Akamai’s business, Sherman said.

Source: http://digitalmarketingdigest.com/2008/09/03/akamai-cfo-hd-video-will-give-the-internet-its-next-growth-spurt-akam/

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