The Dip In This Edge Computing Leader Is A Gift
Cloudflare, Inc (NYSE: NET) is a cloud services provider which delivers a wide range of solutions to customers worldwide. The company is a leader in Edge Computing, cybersecurity, and Internet of Things (IoT) solutions. Cloudflare has been public since September of 2019 and investors have been handsomely rewarded. An investment of $10,000 the day following the IPO would be worth over $100,000 today.
Cloudflare's stated mission is to "build a better internet" and it seems to be achieving this. Businesses thrive on efficiency and slowly running applications are not only annoying, they cost companies money. The beauty of edge computing is the speed. It turns out data can only travel so fast across fiber optic cables, so distance is a factor in receiving timely data. Cloudflare has a data center in over 250 cities and is within 50 milliseconds of 95% of internet users, according to the company. 50 milliseconds is literally several times faster than you blink your eyes. This is just one example of the differentiated and superior performance of Cloudflare products. They also repel massive DDoS cyber attacks, replace your clunky VPN, secure email accounts, and replace on-premise hardware, among others.
Source: Getty Images.
Source Fool.com
