AT&T to Roll Out CDN Services - Analyst Blog
27 Giugno 2011 - 8:31PM
Zacks
AT&T (T) has recently introduced its new
cloud-based Content Delivery Network (CDN) platform. The launch
comes close on the heels of Sprint Nextel’s (S)
decision to offer Managed Telepresence Services to attract
corporate customers. It is also indicative of AT&T foray into
the promising enterprise market.
The CDN platform involves a cloud computing system that stores
data located at various nodal networks. This is make access to
digital content like media files, software, documents,
applications, live streaming media and database queries faster and
better.
The new CDN service is expected to hit the market by the end of
the third quarter and will be initially available to selected
customers. In a cutting edge technology driven market, companies
are increasingly looking forward to innovations to lure
customers.
Accordingly, not only is CDN designed to deliver best-in-class
digital media solutions, it is also attractively priced. Further,
the company’s cloud-based networking system will ensure total
security and reliability for content and business transactions.
Rapid increase in wireless devices like smartphones and tablets
has created a huge demand for Web-based media solutions. Given the
technological advancement that took place in the recent decade,
people are now well versed with Web-based applications and are
increasingly downloading online videos and graphics and practicing
e-commerce.
Further, cloud computing has opened up new opportunities in
wireless technology through its unique storage system in a virtual
remote server. Simplified data storage solutions have enabled users
to access data anywhere, anytime without downloading and installing
applications on their own devices or computers, thereby, creating
huge demand for such services.
Most of the technology providers like Akamai
Technologies (AKAM), Level 3, Voxel and
Limelight Networks (LLNW) are contending to tap
the benefits of cloud computing through the cloud-based CDN
platform and pose significant competitive threat to AT&T.
The global cloud computing market is currently estimated at
approximately $37 billion and expected to hit $121 billion by 2015
at a growth rate of approximately 26%. Consequently, we consider it
a significant platform for the CDN market that is likely to cross
$5 billion by the end of 2013.
Currently, we maintain our long-term Neutral recommendation on
AT&T, supported by a Zacks #3 Rank (Hold).
AKAMAI TECH (AKAM): Free Stock Analysis Report
LIMELIGHT NETWK (LLNW): Free Stock Analysis Report
SPRINT NEXTEL (S): Free Stock Analysis Report
AT&T INC (T): Free Stock Analysis Report
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