Helping customers achieve better outcomes by enhancing the performance, availability and speed of their websites while protecting them from attacks.
- CloudFlare¹, headquartered in San Francisco, provides a content-delivery network and distributed domain name server services for companies such as Cisco, NASDAQ and the MIT.
- Sales for CloudFlare have grown at a 350% CAGR over the last three years, and the company could reach an annual run rate of $100 million by the end of 2015. While the current gross margins are close to 75%, it could reach 90% by the time CloudFlare goes public in 2017.
- In 2012, CloudFlare was recognized as a Technology Pioneer by the World Economic Forum.
- CDN² and DNS³ technologies help companies become more agile by making webpages twice as fast, protect them from attacks, improve performance by ensuring the webpages are always online, and make it simple to add new Web apps with a single click.
- CloudFlare’s technology is particularly effective for sites that regularly experience spikes in traffic. Its technology supercharges websites regardless of size or platform, with no need to add hardware, install software, or change a line of code.
- Within three years of releasing their product, the company had witnessed a growth of 450% annually, adding over 5,000 new clients a day, CloudFlare is valued at >$1 billion and plans an IPO in 2017.
- CloudFlare-powered websites see a significant improvement in performance and a decrease in spam and other attacks. The service can be used by anyone with a website and their own domain, regardless of the choice in platform. From start to finish, setup takes most website owners less than 5 minutes.
- Their Freemium model ensures price points are often 1/1000th the price of a typical content-delivery system.
- Once a website is part of the CloudFlare community, its web traffic is routed through their intelligent global network. CloudFlare automatically optimizes the delivery of web pages so that the visitors get the fastest page load times and best performance.
- Some of the key success factors for CloudFlare have been the ability to scale the business, hiring high-quality talent, and a focus on transparency, providing security for and building trust with customers
- The attractive work environment at CloudFlare is supported by a collaborative and innovation-driven culture.
1. Sources: CloudFlare; WEF / Accenture DTI Expert interview (October 2015)
2. CDN – Content Delivery Network
3. DNS – Domain Name Servers
CloudFlare is one of more than 100 case studies identified as part of the World Economic Forum’s Digital Transformation of Industries initiative. An overview of the DTI program can be found here.