Akamai CEO sets $5 billion revenue target by 2020

BANGALORE (Reuters) – Akamai Technologies Inc’s chief executive said he wants to grow the Internet content delivery company’s revenue five-fold to $5 billion by the end of this decade. “There is significant opportunity in mobile, cloud, video and security. Each of this is a multibillion-dollar opportunity,” Paul Sagan told Reuters in Bangalore, while on a visit to the company’s India operations. “It’s a matter of how we execute now,” said Sagan, who took over the top job in 2005. Since then, Akamai has seen revenue vault five times already to cross the $1 billon mark in 2010. …

See the article here: Akamai CEO sets $5 billion revenue target by 2020

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