Beijing - November 8, 2019 - Kingsoft Cloud, one of China's biggest cloud service providers, and Akamai Technologies (NASDAQ: AKAM), the intelligent edge platform for securing and delivering digital experiences, today signed a strategic cooperation agreement to jointly promote and accelerate the globalization of Chinese Internet enterprises both locally and internationally.
The agreement was signed in Beijing and attended by Mr. Li Sheng, Akamai's Regional Vice President and General Manager for Greater China, Mr. Danny Mesrop, Akamai's Regional Vice President, Channel Sales & Alliances, Mr. Liang Shou-xing, Kingsoft Cloud's Senior Vice President and Partner, Mr. Qian Yi-feng, Kingsoft Cloud's Partner as well as Mr. Yan Tao, Kingsoft Cloud's General Manager, International Division .
The alliance between Kingsoft Cloud and Akamai will boost businesses' Internet experience through faster content availability and traffic access globally. With this collaboration, both companies will be able to serve the China market with a faster, higher quality and more secure web experience. It will also reduce the risk on data theft through its extensive suite of web security solutions. Media delivery is also enhanced with download rates improving through faster performance.
This partnership will accelerate both parties' growth in the use of digital channels for companies to reach their markets. As content management and distribution become more ubiquitous, China enterprises would need reliable cloud infrastructure offerings by Kingsoft Cloud and Akamai to ensure their customers are able to access their companies' information when and where they need it.
Technological Strength as the Foundation for Cooperation
As leaders in their respective industries and markets, both Kingsoft Cloud and Akamai bring their technology expertise and experience to the table. As the inventor of CDN technology. Akamai is the world's largest CDN service provider by market share. Kingsoft Cloud is the leader in China cloud services and one of the largest top CDN service providers in China, with a complete range of cloud storage, computing and service capabilities.
Kingsoft Cloud has increased its investment in product R&D, technology upgrade and model innovation to offer a complete technical system solution, becoming the cloud service provider of choice for Chinese enterprises entering overseas markets. Under the strategic agreement, Kingsoft Cloud will gain access to CDN resources from Akamai's coverage of over 1700 network nodes in 130 countries around the world, allowing Kingsoft Cloud to offer even higher quality services for Chinese customers.
Akamai utilizes its world-class intelligent edge platform to provide professional technical support for Kingsoft Cloud, especially in the field of enterprise-level security applications, based on the existing business model. Meanwhile, Kingsoft Cloud has China's most advanced mass data storage technology, offering users with the fastest and safest storage services. Both parties can fully complement each other with their own advantages in cloud computing, CDN, edge intelligence and storage services.
"Akamai has great expectations for this cooperation with Kingsoft Cloud, one of the most influential cloud computing service platforms in China. Our goal is to establish a long-term, in-depth and all-round cooperation with Kingsoft Cloud, including professional technical services, customized industry solutions and advanced introduction of innovative technologies based on edge computing etc," Li Sheng said.
"This is a win-win collaboration for both Akamai and Kingsoft Cloud," added Danny Mesrop. "For Akamai, the agreement opens up our reach and capabilities deeper into the Chinese markets and adds tremendous value for our China-based clients, which benefits all parties involved."
Mutual Benefits For a Win-Win Situation
Kingsoft Cloud has extensive experience in vertical industries such as government affairs, healthcare, finance, manufacturing, etc. It serves 90% of video and game companies in China and has a very complete customer system and customer resources. At the same time, Akamai has the world's leading CDN technology and the most comprehensive network coverage. The two parties' outstanding advantages in the industry have generated numerous market space and business opportunities.
Akamai's world-class CDN and enterprise-level security products will help Kingsoft Cloud better improve Internet traffic flows in China, allowing the former to penetrate overseas markets. At the same time, Kingsoft Cloud's dominant position and customer coverage in China can help Akamai better improve its customer structure and product system and reach high-quality Chinese customer resources.
"This collaboration will be a tremendous boon for Chinese enterprises entering overseas markets. Kingsoft Cloud and Akamai will fully combine their resources and advantages, developing innovative technologies and commercial resources for the benefit of Chinese companies entering the overseas markets," said Liang.
Akamai secures and delivers digital experiences for the world's largest companies. Akamai's intelligent edge platform surrounds everything, from the enterprise to the cloud, so customers and their businesses can be fast, smart, and secure. Top brands globally rely on Akamai to help them realize competitive advantage through agile solutions that extend the power of their multi-cloud architectures. Akamai keeps decisions, apps, and experiences closer to users than anyone — and attacks and threats far away. Akamai's portfolio of edge security, web and mobile performance, enterprise access, and video delivery solutions is supported by unmatched customer service, analytics, and 24/7/365 monitoring. To learn why the world's top brands trust Akamai, visit www.akamai.com, blogs.akamai.com, or @Akamai on Twitter.
You can find our global contact information at www.akamai.com/locations.
About Kingsoft Cloud
Kingsoft Cloud, a unit of Kingsoft Group, is one of the world's leading cloud computing service providers and among China's Top 3 cloud computing companies. Founded in 2012, the company has data centers and branch offices around the globe, including Beijing, Shanghai, Chengdu, Guangzhou, Hong Kong and North America.
Kingsoft Cloud has a complete product portfolio covering cloud server, cloud physical host, relational database, cache, tabular database, object storage, load balancing, VPN, CDN, big data, cloud security and cloud DNS etc. as well as cloud-based solutions for vertical industries, e.g. game, video, government administration, medical services, financial services. With a strong commitment to artificial intelligence research and applications, Kingsoft Cloud has launched Kingsoft AI Propeller (KAP) that supports IaaS, PaaS, SaaS and industry solutions.
Being valued more than US $2.373 billion, Kingsoft Cloud has become the independent cloud service provider with the highest valuation in China. Kingsoft Cloud is bringing the future into the present by delivering competitive, safe, reliable and high-quality cloud computing services to our customers.