Monday, April 27, 2020

Limelight Hopes Edge Computing Could Double its Revenues


Edge computing should have a total addressable market larger than the content delivery business, said Sajid Malhotra, Limelight Networks CFO. At least from Limelight’s perspective, the belief is that edge computing will produce revenue as big as the CDN business does now. 


‘I think that the edge TAM is much larger than the CDN TAM,” said Sajid Malhotra, Limelight Networks CFO. But he also expects to face more competitors in edge computing than in the CDN business. 


Grandview Research estimates global CDN revenues at about $11 billion annually in 2018, growing to perhaps $23 billion revenue by 2025. 


Limelight Networks believes its video customers, already using the firm’s content delivery network, also will want to host their own applications on Limelight’s edge computing network as well. 


Limelight has begun beta tests of its EdgeFunctions platform, and expects  customers will deploy their own application functions into the EdgeFunctions network.  


At least initially, Limelight expects video delivery use cases., said Bob Lento, Limelight Networks CEO. 


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