Akamai Recognized as a Leader in 2021 Gartner® Magic Quadrant™ for Web Application and API Protection; Furthest in Ability to Execute

CAMBRIDGE, Mass., Sept. 22, 2021 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the world's most trusted solution for protecting and delivering digital experiences, has been recognized by Gartner as a Leader in the 2021 Magic Quadrant for Web Application and API Protection (WAAP). Gartner analysts evaluated eleven vendors based upon their ability to execute and completeness of vision. Akamai was placed highest in ability to execute in the newly-named report. The report is an evolution of the Gartner Magic Quadrant for Web Application Firewalls where Akamai was named a Leader the past four consecutive years by Gartner.

Gartner also published its 2021 Critical Capabilities for Cloud Web Application and API Protection report. This is a companion report to the Gartner Magic Quadrant for Web Application and API Protection, which evaluates WAAP offerings' ability to protect web applications and APIs. In the report, Akamai received the highest scores in three out of the four use cases including API Security and DevOps  (3.60/5), High Security (3.76/5), and Web-Scale Business Application (3.91/5).

According to Gartner's Hype Cycle for Application Security, 2021, "Cloud web application and API protection products are cloud-delivered multifunction web application security products, integrating at least four core features: web application firewall, DDoS protection, bot management and API protection. WAAP is an evolution of the role of the web application firewall, driven by enterprises' need to better defend against multiple threat vectors while significantly growing their number of publicly exposed web applications and APIs."

Akamai has seen the dramatic increase in API calls firsthand. Securing APIs requires solutions that are tailored to deal with deep API message inspection, API specification management, authentication and authorization, and anti-automation.

Gartner states, "Security and risk management leaders should favor WAAP that provides easy-to-consume controls and more specialized protections against advanced bots and evolving API attacks."  According to Gartner, "By 2026, 40% of organizations will select their WAAP provider based on advanced API protections, as well as web application security features.

Akamai believes that a holistic web application and API protection solution includes adjacent security capabilities that cover an ever-expanding range of threats. In 2020, Akamai was the first cloud WAAP solution to introduce automatic API discovery and profiling capabilities.

Earlier this year, Akamai introduced the Adaptive Security Engine, a core foundation for its web application security portfolio designed to automatically adapt protections with the sophistication of attacks, while reducing the effort to maintain and tune policies. Bot visibility and mitigation capabilities are also included to provide insight into the impact of bots on digital properties.

"The one constant in web application and API security is change," said Amol Mathur, Vice President of Application and Network Security Product Management, Akamai. "Akamai has continued to deliver significant advancements in our WAAP products that make it easier for our customers to keep pace with the rapidly accelerating and changing threat landscape, while simultaneously increasing operational efficiencies and developer tooling. We believe these important advancements in our WAAP portfolio contributed to our Leader position in this Gartner Magic Quadrant report."

Continued Customer Recognition

According to the report, "Akamai's customers give the vendor high marks for customer support experience, including the expertise and assistance they receive from both technical support and managed services." Additionally, Akamai's ability to protect data, websites and applications and the ease of use of its web security solutions is confirmed by customers.

Based on reviews on Gartner Peer Insights as of September 20, 2021, here's what Akamai customers had to say:

• A Technical Lead in the services industry says, "This software (Kona Site Defender) has great features in order to protect business assets and organizational resources from DDoS attacks and various cyber threats. It provides high accuracy while dealing with threats. It can protect both websites and devices including mobile with great accuracy. It can block malicious websites and content related to advertisements that might damage business security."
• A Software Development Engineer in the retail industry says, "Best Security Product For DDoS And Web Application Attacks. "KSD is the best security tool I have used. It's simple and easy and the support is amazing. The fact that KSD offers customizable protections is very helpful and the features are all useful and on point."
• A Cyber Automation Expert in the finance industry says, "We have been working with Akamai to protect our core assets and it has been worth every dollar spent. We run an yearly DDoS simulation exercise to test Akamai DDoS and WAF controls and the results justify the investment."
• A Network Product Manager in the finance industry says, "Kona has provided a significant improvement in security and provides visibility that was not previously available. It is a core product in our strategy for securing our customer-facing applications."

A complimentary copy of the complete report, Gartner, Magic Quadrant for Web Application and API Protection, 20 September 2021, including the Magic Quadrant graphic, is available here. For additional information regarding Akamai's WAAP offerings, visit here.

Gartner, Magic Quadrant for Web Application and API Protection, Jeremy D'Hoinne, Rajpreet Kaur, John Watts, Adam Hils, Shilpi Handa, 20 September 2021.

Gartner, Critical Capabilities for Cloud Web Application and API Protection, John Watts, Adam Hils, Jeremy D'Hoinne, Shilpi Handa, 20 September 2021.

Gartner, Hype Cycle for Application Security, 2021, Joerg Fritsch, 12 July 2021.

Gartner Disclaimer
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Gartner Peer Insights reviews constitute the subjective opinions of individual end users based on their own experiences and do not represent the views of Gartner or its affiliates.

About Akamai
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.

Contacts:
Tim Whitman
Media Relations
617-444-3019
twhitman@akamai.com

Tom Barth
Investor Relations
617-274-7130
tbarth@akamai.com

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SOURCE Akamai Technologies, Inc.