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This statistic highlights Limelight Networks’ Purchase Commitments, reported on a quarterly basis from Q1 2016 onwards.
Limelight Networks is the premier content delivery network (CDN) that enables businesses to deliver faster websites, more responsive applications, top-quality videos, and consistent game and software downloads to any device. With Limelight, businesses can do business online faster, more reliably, and more securely than ever before. While most CDNs are designed to address yesterday’s challenge of delivering small files on the web, Limelight’s network architecture is a small enhancement to most of today’s content, including video, software, and games. It is unique in that it supports both files and large files.
Limelight Networks’ Purchase Commitments
|Category||Q2 2020||Q3 2020||Q4 2020||Q1 2021||Q2 2021||Q3 2021|
(All figures in millions, except for percentage)
Limelight Networks Purchase commitments increased from $48.26 million in Q2 2020 to 83.34 million in Q2 2021, marking an increase of 72.69% ($35.08 million) on a year-on-year basis. Quarterly, the purchase commitment showed an increase of around 13.03% ($10.86 million) as it inclined from $83.34 million in Q2 2021 to $94.20 million in Q3 2021.
In 2020, this company’s purchase commitments showed a constant and positive trend. This is evident from the fact that the purchase commitments increased from $48.26 million in Q2 2020 to $53.06 million in Q3 2020, registering a growth of 9.95% ($4.8 million). This was further continued with a further increase in the purchase commitments to $61.60 million in Q4 2020, accounting for a rise of 16.09% ($8.54 million). This was followed by further growth in the purchase commitments in the next year as the company’s purchase commitments rose from $61.60 million in Q4 2020 to $71.04 million in Q1 2021, projecting an incline of 15.32% ($9.44 million).
In 2021, the company’s purchase commitments witnessed the same trend as of 2020. Thus, the number of users further rose from $71.04 million in Q1 2021 to $83.34 million in Q2 2021, accounting for an incline of about 17.31% ($12.3 million). This was followed by continued growth in the users by 13.03% ($10.86 million) as it increased from $83.34 million in Q2 2021 to $94.20 million in Q3 2021.
On an overall analysis of the past years, it can be concluded that the company witnessed fluctuations in the purchase commitments in all the quarters from 2016 to 2021. However, on a closer look at the statistics, it can be seen that there is a rise in the number of shipments from $43.67 million in Q1 2016 to $94.20 million in Q3 2021, marking a huge growth of 115.71% ($50.53 million).
About the Company
Founded in 2001, Limelight Networks is an American company that delivers content delivery network service (CDN) which is used for the delivery of software and digital media content. The company was founded by Nathan F. Raciborski, Michael M. Gordon, Allan M. Kaplan, William H. Rinehart. The company’s network has more than 130 points of presence and delivers with 70+ Terabits per second of egress capacity across the globe till February 2020. The Company’s Limelight Orchestrate Platform provides Live and On-Demand video and online content to any connected device all over the world. The company provides a better solution whether the customer needs to deliver the latest blockbuster movie to millions of homes, update software for billions of devices, or ensure everyone who requests the content receives an instant response by providing a network of global POPs that puts customer’s content within reach of any user, anywhere, it also delivers powerful software to optimize content for the best viewing experience on any device and end-to-end integrated cloud services from storage to accelerated delivery and hundreds of experts with decades of experience to ensure that it delivers a superb experience to its audience. Limelights proves to be the best in the market by delivering all the expertise and combining a suite of integrated cloud-based services with a private content delivery network to enable digital content to reach everyone, everywhere.
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