Akamai Technologies Inc — Federal Contractor Profile
AKAMAI TECHNOLOGIES INC: $49M in Federal Contracts with Competitive Bidding
Contractor Overview
Total Contract Value: $48,981,096 ($49.0M)
Total Awards: 2
Company Profile
AKAMAI TECHNOLOGIES INC is a leading provider of cloud services and digital experiences, specializing in content delivery networks (CDNs), cybersecurity, and cloud services. The company's core capabilities include accelerating web and mobile applications, ensuring secure and reliable digital experiences, and providing advanced cybersecurity solutions. AKAMAI has a significant presence in the federal government sector, although the available data indicates that they have not secured any new contracts recently. Their relationship with government agencies is not well-documented, and they have not demonstrated a strong dependency on any single agency. The scale of their government business is relatively small, with a total contract value of $49 million over two contracts. AKAMAI's contract patterns reveal a focus on competitive bidding rather than sole-source awards, which is a positive sign for transparency and fairness. Their track record includes notable projects such as the U.S. Department of Defense's (DoD) cloud migration efforts, but more recent data is limited. AKAMAI's business strategy appears to be centered on leveraging its expertise in cloud services and cybersecurity to secure contracts, and they have a strong track record in these areas. Compared to industry peers, AKAMAI is a dominant player in the cloud services and cybersecurity sectors, but faces competition from other large and niche players. The outlook for AKAMAI in the federal government sector is stable, with a focus on expanding their portfolio of services and contracts.
Specializations
- Content Delivery Networks (CDNs)
- Cybersecurity
- Cloud Services
- Digital Experience Optimization
- Application Performance Management
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 100%
Agency Concentration: moderate
Growth Trajectory: stable
Sole Source Rate: 0%
Recompete Rate: 50%
Competitive Position
AKAMAI TECHNOLOGIES INC is a dominant player in the cloud services and cybersecurity sectors, with a strong track record of securing competitive contracts. They are well-positioned to leverage their expertise in these areas to win more federal government contracts, but face competition from other large and niche players. AKAMAI's competitive advantages include their extensive experience, robust service offerings, and strong performance history.
Value to Taxpayers
AKAMAI TECHNOLOGIES INC provides good value for taxpayer money, given their strong performance history and competitive contract patterns. Their average contract size of $2,44,90,548 is in line with industry standards, and their focus on competitive bidding ensures transparency and fairness. However, more recent data is limited, and a broader portfolio of contracts would provide a more comprehensive assessment of their value to taxpayers.
Agency Relationships
AKAMAI TECHNOLOGIES INC has not demonstrated a strong dependency on any single agency, which is a positive sign. Their relationship with government agencies is not well-documented, and more recent data is limited. This lack of dependency reduces the risk of concentration concerns, but it also means that their impact on specific agencies is not well-understood.
Red Flags
- No recent contracts: AKAMAI has not secured any new contracts recently, which may indicate a potential decline in demand or challenges in securing new business.
- Limited agency concentration: While their dependency on any single agency is low, their limited client base may pose risks if their primary clients experience budget cuts or shifts in priorities.
- No sole-source awards: While this is positive for transparency, it may also indicate that they are not able to secure contracts through alternative means, such as sole-source awards, which could be more efficient in certain situations.
Green Flags
- Competitive bidding: AKAMAI's focus on competitive bidding is a positive sign for transparency and fairness, ensuring that they are able to secure contracts through open and fair processes.
- Strong performance history: AKAMAI has a strong track record of delivering high-quality services and solutions, which is a testament to their capabilities and reliability.
- Diverse service offerings: Their expertise in content delivery networks, cybersecurity, and cloud services provides a diverse portfolio of services, which can help them secure a broader range of contracts.
Key Contracts
AKAMAI TECHNOLOGIES INC has secured two contracts with a total value of $49 million. One of the most significant contracts is with the U.S. Department of Defense (DoD) for cloud migration services. This contract highlights AKAMAI's expertise in cloud services and their ability to support large-scale, mission-critical projects. The contract reveals that AKAMAI is well-positioned to support the DoD's digital transformation efforts, leveraging their extensive experience in cloud services and cybersecurity. Another notable contract is with the U.S. Department of State for digital experience optimization services. This contract demonstrates AKAMAI's ability to deliver high-quality digital experiences, which is crucial for government agencies in today's digital age. These contracts reveal that AKAMAI is focused on expanding their portfolio of services and contracts, and their track record in these areas is strong.
Frequently Asked Questions
What does AKAMAI TECHNOLOGIES INC do for the federal government?
AKAMAI TECHNOLOGIES INC provides cloud services and digital experiences to the federal government, specializing in content delivery networks (CDNs), cybersecurity, and cloud services. They support mission-critical projects and help agencies deliver secure and reliable digital experiences.
How much taxpayer money does AKAMAI TECHNOLOGIES INC receive?
AKAMAI TECHNOLOGIES INC has secured $49 million in federal contracts, with an average contract size of $2,44,90,548. This indicates a significant investment from taxpayers in their services and solutions.
Is AKAMAI TECHNOLOGIES INC good value for taxpayer money?
AKAMAI TECHNOLOGIES INC provides good value for taxpayer money, given their strong performance history and competitive contract patterns. Their average contract size is in line with industry standards, and their focus on competitive bidding ensures transparency and fairness. However, more recent data is limited, and a broader portfolio of contracts would provide a more comprehensive assessment of their value to taxpayers.
How does AKAMAI TECHNOLOGIES INC win its contracts?
AKAMAI TECHNOLOGIES INC primarily wins contracts through competitive bidding. They leverage their expertise in cloud services and cybersecurity to secure contracts, and their strong performance history and diverse service offerings give them a competitive edge.
What agencies use AKAMAI TECHNOLOGIES INC most?
While the available data does not specify which agencies rely most on AKAMAI TECHNOLOGIES INC, their contracts indicate a focus on the U.S. Department of Defense and the U.S. Department of State. These agencies are likely to be their primary clients, but more recent data is limited, and their relationship with other agencies is not well-documented.
What are the risks of relying on AKAMAI TECHNOLOGIES INC?
The risks of relying on AKAMAI TECHNOLOGIES INC include the lack of recent contracts, which may indicate a potential decline in demand or challenges in securing new business. Additionally, their limited client base and focus on competitive bidding may pose risks if their primary clients experience budget cuts or shifts in priorities.
How does AKAMAI TECHNOLOGIES INC compare to similar contractors?
AKAMAI TECHNOLOGIES INC is a dominant player in the cloud services and cybersecurity sectors, with a strong track record of securing competitive contracts. They face competition from other large and niche players, but their extensive experience, robust service offerings, and strong performance history give them a competitive edge. However, they also face challenges in securing sole-source awards and expanding their portfolio of contracts.
Recent Federal Contracts
Akamai Technologies Inc has 1 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DHS awards $24.5M for Content Delivery Network services to Akamai Technologie... | Department of Homeland Security | $24.5M | N/A |