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Fastly: How This Company with The Right Values is Growing at The Speed of Light

Data is everywhere now thanks to the Internet Age. According to studies, the amount of total data collected doubles, every two years. Everything from our Internet history to our calendar schedule forms a part of digital data that is important. Research shows that by 2020, we will be producing 1.7 MB worth of data every second! So where does all this data go? Due to Hardware constraints, all computers and mobile phones come with a stipulated storage limit. Also, external hard drives we purchase also have stringent limits on how much space they have. So how do we store the massive amounts of data we create?

Why We Need Cloud Computing

We all want to retain those videos from our first college performance, and also need quick access to our work documents. How can we come up with a system that is secure and at the same time, large enough to store everything? Well, cloud computing has helped most people deal with their storage woes by providing huge amounts of space! Not only do you get to keep your precious memories, but you also get to do so without cluttering up your home.

All your information is locked away in a vault in the sky, so you can loop up baby pictures, and schedule appointments on the go. This time around, we are going to look at one of the fastest-growing cloud computing service providers in the world!

What is Fastly Inc

Fastly Inc.’s highly efficient edge cloud platform allows users access to an extremely fast content delivery network that helps them keep all their memories. Furthermore, the company also provides security services, video streaming, and load balancing. Headquartered at San Francisco, this American juggernaut has offices in New York, London, Portland, Tokyo, and Denver.

Founding Fastly

Artur Bergman founded Fastly in 2011 because he felt the need for a fast and efficient cloud computing service. Prior to founding Fastly, Bergman worked as the VTO of Wikia. Three years into its founding, Google paired up with them to offer users CDN services. This served as a huge boost to the company, which then grew at unprecedented rates.

Image Source – Twitter

So much so, that in 2017, the company launched its own edge cloud platform that supported a ton of new features. The same year, they acquired a Texas-based content delivery network named CDN Sumo. The company helps users extend and expand their existing cloud infrastructure using their network. Furthermore, the service also includes several features such as load balancing, image optimization, and video streaming.

Software Structure

The company’s software works on Varnish, which is an open-source HTTP accelerator. Since they use an open-source product, Bergman has also made it a point to give back to the open-source community. The company supports several non-profit projects such as Hackage, Drupal and DonorsChoose.org. Varnish became the platform for Fastly because it allowed them to reverse proxy and is highly customizable. The software designers always kept performance in mind and then scaled their applications using Varnish. The particular version of Varnish used by them is optimized for large applications, due to the presence of caches.

Giving Back to The Community

Bergman attributes his desire to give back to his raising in a feminist environment such as Sweden. Due to their smaller power distance culture; being inclusive was a way of life rather than a magnanimity. Bergman also believes that diverse teams improve the workspace environment leading to higher productivity. The more diverse the leadership, the easier it becomes to find and encourage diverse talents. This, in turn, makes it possible to create and design diverse products that change the world.

Company Values

Furthermore, Fastly takes both employee and customer satisfaction quite seriously. Since the company works on projects that help people, employees feel great about their work. More people are happy, meaning they genuinely want to look after their users, which makes for great customer engagement and satisfaction. Over 90 employees at Fastly, which constitutes 25% of their workforce, have been there for more than four years.

This proves without a doubt, how important the company views its internal policies and values. The company’s executive team has an almost equal number of men and women. Furthermore, more than 50 percent of their engineers fall into trans, people of color and LGBTQ communities.

Resounding Success

Fastly recently added another $75 million via Series D funding, making the total money hit $130 million! After the financing round, the company named ex-VP of Netsuite, Dan Miller, their CFO. Furthermore, the company recruited ex- Apple privacy strategist, and Mozilla’s security chief to their already impressive employee roster. The company is growing at over 300% year after years, with a team that has grown to over 450 employees now. While the company pushed 40 TB a day in 2012, the data limit per day now stands at 5 PT!

The company already has several high-profile customers such as Twitter, The Guardian, Pinterest, and Wayfair. The company also helped Stripe improve their checkout time by 80%, leading to even more popularity and goodwill within the industry. The company keeps growing from strength to strength having made $144 million in 2018, with revenue growing at 37.8%! Around the world, over 3 billion people see content that served via Fastly, and this is 75% of the world’s internet users. Sure enough, there might come a day, wherein every internet user receives content through a Fastly platform!

Hewlett Packard Enterprise to Acquire Cray in a $1.3 Billion Deal

The HP’s spin-off company Hewlett Packard Enterprise revealed that it is planning to acquire supercomputer maker brand, Cray. Cary is the company founded by Seymour Cray, the father of ‘supercomputing’, in 1972 and is the leading company developing the supercomputers since then.

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Image Source:coindesk.com

The data industry is moving at a rapid speed and people want faster solutions. Together HPE and Cray are looking forward to work in the field of in cloud computing, high-performance computing and AI.

“Cray is a global technology leader in supercomputing and shares our deep commitment to innovation. By combining our world-class teams and technology, we will have the opportunity to drive the next generation of high-performance computing and play an important part in advancing the way people live and work,” said Antonio Neri, the President and CEO of Hewlett Packard Enterprise.

Cray has been providing sophisticated machines for computing works to many of the federal agencies. In fact, 80 per cent of its services are for government projects, whereas HPE is one of the leaders in the private sector. So the acquisition will definitely help make the two expand in each others’ field. Recently, Cray even partnered with AMD in order to build a new supercomputer for the Department of Energy. This supercomputer will be able to do quintillion calculations within seconds.

HPE announced on Friday that it will be acquiring Cray, in an all-cash deal worth $1.3 billion. With the acquisition, HPE will be able to experiment with and use the Cray’s knowledge and technology in the field of supercomputing, and with its own powerful position, it will become the leader in the supercomputing industry. In fact, recently, Cray had revealed that it is working on something, which can be the fastest supercomputer in the world. This way the deal between the two tech giants can get HPE great opportunities of benefits in the coming future.

The Success Story of Hewlett-Packard (HP)

HP is not a new name in the IT industry, and the narrative of the company is over 80 years old. The company was founded by two Stanford graduates Bill Hewlett and David Packard, in January 1939.

The two co-founders met each other in a social outing during the time they were studying at Stanford. Both were pursuing a degree in electrical engineering and shared a common interest in starting a business after completing their education. They discussed their idea with their fellowship professor Frederick Terman at Stanford and with his supervision started working on the same.

The two started their company from Packard’s garage in Palo Alto, in 1938, with an initial capital investment of US$538, even without deciding a proper name for it. In 1939, they tossed a coin to decide the name for the company adopting the surname of their names. The toss was among Hewlett-Packard and Packard-Hewlett, in which Hewlett-Packard won.

hewlett-packerd
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The first product from the company was a precision audio oscillator, the Model HP200A. It was cheap and efficient, and became one of the most successful product, commercially. The same product was also used by Walt Disney Productions, for the movie Fantasia, in certifying the Fantasound surround sound systems installed in theatres.

In 1957, the company went public in its initial public offering.

In the 1960s, Hewlett-Packard started producing the semiconductor devices for the instruments and calculators. In 1966, the company entered into a new business of computer manufacturing and rolled out the accumulator-based design HP 2100 / HP 1000 series of minicomputers, followed by the HP 9800 and HP 250 series of desktop and business computers.

In the 70s the company started producing the advanced business computers, i.e. stack-based HP 3000 computers. During the same time, the HP 2640 series smart computers were also introduced that included one of the first bit mapped graphics displays. The same computer was used to develop the first commercial WYSIWYG Presentation Program, BRUNO, by coupling the HP 2100 21MX F-Series micro-coded Scientific Instruction Set.

In the same decade, the company produced the world’s first handheld scientific calculator HP-35, world’s first handheld programmable HP-65, first alphanumeric, programmable, expandable HP-41C and first symbolic, and the graphing calculator HP-28C.

In the 80s, Hewlett-Packard expanded its business to build printers and scanners for desktop computers. With the rise of the internet, the company registered its website domain as HP.com, on 3 March 1986, becoming the ninth Internet .com domain ever. In 1989, HP acquired the Apollo Computer, and in 1995 it acquired the Convex Computers.

By 1998, the company had become one of the leaders in the desktops, laptops, and servers for many different markets. Later, it also started its online service hpshopping.com, to sell its products online, which was rebranded to “HP Home & Home Office Store” in 2005.

In 2005, due to the merger with Compaq, Hewlett-Packard was facing heavy losses in the business. In 2006, the company offered a new range of products in both hardware and software, reducing the costs. In 2007, the company’s revenues skyrocketed, and HP hit the $100 Billion mark for the first time.

In 2011, Hewlett-Packard launched its first tablet named HP TouchPad, followed by the industries’ first wireless mouse. But by the end of the same year, it announced that it won’t be operating in the tablet and smartphone business anymore, and will focus more on the Cloud, solutions and software business.

In the years 2012-13, the Hewlett-Packard faced a great decline in its profits, cutting down 34000 jobs in the same years.

In October 2014, the news of splitting up of Hewlett Packard into two separate companies came into knowledge. The two wings would do their separate business of personal computers and printer manufacturing. Finally, in November 2015, the company separated into HP Inc. and Hewlett Packard Enterprise, HP Inc. retaining the Hewlett-Packard’s stock price history.

Although the company has seen many ups and downs during its long journey, the vast history of HP has introduced the world with many great inventions. The company also gets credits for many patents and will be known for its contribution to the IT industry.

Liu Chuanzhi Founder of Lenovo

Hardships are the rigorous tests in a determined person’s life. Hardships come in numerous faces and it is this time when a human being’s ability and patience to deal and overcome the difficult time is tested. Those who come strong out of this deadly storm are the one’s who create history and make a difference in the world. Liu Chuanzhi is one such person who despite of humongous political constraints, managed to build a company which now ranks number two in the production of computers in the whole world.

Born on April 29, 1944 in Shanghai, China, Liu Chuanzhi grew up during the worst of times. Liu’s father was an executive with the Bank of China in Shanghai. However, his connections with the Chinese Communists would create a problem in Liu’s future. Liu’s childhood was encompassed with the years of unstable politics and tension in the government. In 1961, he admitted himself in Xian Military Communication Engineering College. Due to his father’s political connections Liu was not allowed to study sensitive subjects and he completed his graduation in 1966 specializing in Radar Systems. This course, however, exposed him for the first time to the computing world.

Just two years after graduation, Liu’s past yet again haunted him and sent him down for labor work. This time it was due to his anti-revolutionary ideas which led the officials to send him to work on a state-owned rice farm as a laborer and learn by living among the peasants from 1968 to 1970. By this time, the Chinese Academy of Sciences was reopened which was closed due to Chinese Cultural Revolution. Liu returned to his job at Beijing and went on to work as an engineer and an administrator. Liu provided a lion’s share in developing the 757 mainframe computer. He resigned from his job in 1984 to join Chinese Academy of Sciences – the place where the computer producing giant Lenovo would be born.

Early Days

After joining Chinese Academy of Sciences Liu stumbled upon an idea to start a computer company. But, there were multiple barriers standing in front of him and his dream. First, the Chinese government did not encourage start-ups and ran a strictly planned economy. So the funding from government was out of question. Second, for a scientist to jump into business was considered below one’s dignity and, therefore, the company Liu would start won’t have a single market expert who knows how the business should work. Despite of this barriers, Liu received a 200,000 yuan ($24,000 USD) loan from his superior at the Chinese Academy of Sciences.

Liu’s computer company, initially named Legend, was compared to the early days of Apple. The company’s manufacturing unit began in a small 20 square yards room in Beijing. The company worked on the research of magnetic storage technology in its initial stage. In 1985, Legend did something which no other computer company had ever done, they built a Chinese character set for computers. Since, the Chinese language consisted of huge number of characters it was almost an impossible task to bring all those characters in digital form. But, the development of a character set put Legend multiple steps ahead of any other company. Due to the lack of business knowledge the company often faced opinion problems among the members. But, Liu’s leadership and his study of other big companies like HP and IBM helped him to sketch an influential business and marketing strategy.

Legend started selling computers six years after its foundation, i.e., in 1990. And by 1996, the company climbed on top of the computer manufacturing company’s list surpassing IBM. Liu believed in young people in their energy and talent which could pave a way to keep the company on cutting edge of innovation and technology. Most of the company’s higher staff included young people during the 90s. By developing Pentium II processor Legend once again proved that they are and will always be on the top of the market.

The company saw its massive success in 2004 when they were declared as the largest PC manufacturing company. In 2006, Legend was renamed as Lenovo Group to enter into the UK and Europian market where the name ‘Legend’ was already trademarked. Legend also became the first company to join the sponsorship for Olympic Games held in Turin, Italy in 2006.

In 1995, the Chinese government honored Liu as the Model of National Work Force and Man of Reform in China. In 2005, Liu has also been listed in Time’s one of the 25 most influential global executives.