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Cloudflare, Inc., trading under the symbol NET, is a leading provider of web performance and security solutions. Founded in San Francisco, California, Cloudflare operates a highly-available global network that ensures websites function faster, are more secure, and are smarter. Catering to millions of websites, including those of large enterprises, major consumer destinations, and government agencies, Cloudflare has established itself as a critical player in the web infrastructure market.
Cloudflare’s core services include a distributed, serverless content delivery network (CDN) which accelerates the delivery of web pages to users. The company's edge computing platform, Workers, allows clients to deploy and execute code without the need to maintain servers, thereby enhancing flexibility and reducing operational overhead. This platform supports various programming languages like Nginx, Go, and Lua, and is a testimony to Cloudflare’s commitment to leveraging cutting-edge technology.
The company’s network serves hundreds of billions of page views per month and can reach 90% of the world’s population in less than 0.23 seconds. Cloudflare is also known for its robust security measures, having successfully defended against some of the largest DDoS attacks ever recorded. This extensive reach and resiliency make it a trusted name in web security.
Furthermore, Cloudflare is a strong supporter of the open-source community, regularly sharing its technological advancements and learnings via its blog. With offices in San Francisco and London, the company is on a mission to build a better web. They are actively seeking talented individuals to join their team and contribute to this mission.
In recent developments, Cloudflare continues to innovate and expand its offerings, forging new partnerships and enhancing its service capabilities. As a publicly traded company, Cloudflare's financial health and market performance are closely watched by investors and analysts.
Cloudflare (NYSE: NET) has been recognized as a leader in the Forrester New Wave™: Edge Development Platforms, Q4 2021 report. The company’s Cloudflare Workers Developer Platform received high marks in eight criteria, including developer experience and global deployment speed. CEO Matthew Prince highlighted the platform's potential for empowering developers to build scalable applications quickly. Cloudflare Workers offers instant global code deployment, robust security features, and seamless integration with various tools, all enhancing its appeal for developers worldwide.
Cloudflare (NYSE: NET) released a study revealing significant shifts in cybersecurity trends in the Asia Pacific region. In 2021, 54% of organizations reported an increase in cyber attacks compared to 2020. The rise in incidents forced 83% of IT leaders to revise their security procedures, with 44% attributing changes to remote work challenges. Additionally, 86% are aware of Zero Trust security models, and 66% have already implemented them. However, 67% face execution risks due to a lack of internal IT security expertise.
Cloudflare (NYSE: NET) announces a partnership with Microsoft, Yandex, and other search engines to enhance search efficiency through the IndexNow initiative. This collaboration introduces Crawler Hints, enabling website owners to signal when content is created, updated, or deleted, thus optimizing crawler efficiency. Approximately 45% of Internet traffic is generated by bots, and this initiative aims to improve site performance while reducing unnecessary bot traffic. Cloudflare customers can opt-in for this feature at no cost, enhancing their online presence.
Cloudflare, Inc. (NYSE: NET) will report its Q3 financial results for the period ending
The company will host an investor call on the same day at
Cloudflare, Inc. (NYSE: NET) is set to expand its network into over 1,000 prominent office buildings and multi-dwelling units worldwide, including iconic locations like Salesforce Tower and Willis Tower. This initiative aims to provide businesses with cost-effective, flexible solutions for connecting to Cloudflare’s Zero Trust and SASE security offerings, enhancing security and productivity in a hybrid work environment. Cloudflare has significantly increased its network capacity, tripling it in the last two years, to deliver superior performance and reliability.
Cloudflare, Inc. (NYSE: NET) launched R2 Storage, a cost-effective solution for developers to store and manage large data volumes. This service eliminates egress fees and allows for automatic data migration from S3-compatible services, enhancing convenience. Cloudflare aims to provide the least expensive option for object storage, at least 10% cheaper than S3, while ensuring high performance across its edge network. The R2 Storage also supports data replication across regions, offering businesses flexibility in data management.
Cloudflare (NYSE: NET) has announced its entry into email security with free features to help manage email challenges.
These tools include Cloudflare Email Routing and Email Security DNS Wizard, allowing users to create custom email addresses and configure security settings easily.
Customers can sign up for early access to the Advanced Email Security Suite, enhancing email security against phishing threats.
This initiative aims to address a significant cybersecurity risk and bolster Cloudflare's offerings in the security sector.
Cloudflare has joined the Microsoft Intelligent Security Association (MISA), enhancing its collaboration with Microsoft to combat growing cybersecurity threats. This partnership allows customers to seamlessly integrate Cloudflare's Web Application Firewall (WAF) with Azure Active Directory, improving security for web applications. With a presence in over 250 cities globally, Cloudflare protects against approximately 87 billion cyber threats daily, leveraging advanced machine learning for enhanced defense. This collaboration aims to deepen product integrations and better equip organizations to handle evolving cyber challenges.
Cloudflare, Inc. (NYSE: NET) announced the implementation of server support for Early Hints, a new Internet standard that can increase website loading speeds by over 30%. This initiative, in collaboration with major browsers, aims to enhance user experiences by allowing browsers to preload critical webpage elements more efficiently. Cloudflare's technology will operate without server modifications, utilizing its global network and machine learning capabilities. This advancement may significantly impact website performance, influencing conversion rates positively for businesses.
Cloudflare, Inc. (NYSE: NET) has significantly expanded its global network, now covering over 250 cities in more than 100 countries. This expansion has tripled its overall network capacity to 100Tbps and increased city coverage by 25% in two years. The company's focus is on enhancing Internet speed and reliability by bringing data centers closer to users. Recent additions include locations in Cork, Ireland; Palermo, Italy; and Ekaterinburg, Russia. Cloudflare has also established partnerships in Brazil, marking one of its largest expansions in a single country.