The edge cloud computing company Fastly (NYSE: FSLY) had an impressive year in 2020 helping businesses deliver and process information over the internet. The company continues to innovate and execute for the long-haul, and the early investments are starting to appear in the numbers. Here are four takeaways from Fastly's 2020 earnings announcement, and a closer look into what will make this company successful in the long term.
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With the acquisition of web security company Signal Sciences last year, Fastly was able to cross-sell its services to Signal Science customers and upsell Signal Sciences' products to existing Fastly customers. Security plays a critical role in the cloud computing environment. Now, Fastly can offer edge computing services and security solutions in one platform, allowing customers to fill all their cloud needs with only one vendor. The addition of Signal Sciences may be a key wedge in the sales process for Fastly that could help it gain even more traction with big businesses.
Source Fool.com