The innovative tech company Fastly (NYSE: FSLY) is growing in a market that is poised to expand in a significant way over the long term. But that doesn't mean the stock represents an attractive investment for prudent investors.
You may benefit from Fastly's technology without knowing it. The small technologist, founded in 2011, developed a worldwide computing infrastructure that improves the availability of internet services. Enterprises use Fastly's 68 POPs (points of presence that are decentralized datacenters) around the world to host their web services as close as possible to users, which reduces the response time of those web services. That's called edge computing. Also, Fastly's infrastructure helps these web services stay available when spikes of internet traffic materialize.
In addition, the deployment of 5G should boost the demand for Fastly's solutions. The low latency (delay) and the high speed the 5G technology promises require the edge-computing infrastructures Fastly and other competitors, such as Akamai Technologies, offer.
Source Fool.com