"Ship" Shape & Agent-Ready | Readthroughs from Vercel's Ship User-Conference

研报英文原文证据摘录

"Ship" Shape & Agent-Ready | Readthroughs from Vercel's Ship User-Conference

I N D U S T R Y N O T E

J u n e 3 0 , 2 0 2 6

Digital Infrastructure & Connectivity Software

CONCLUSION James Fish

We attended Vercel Ship today, the company's annual developer conference. The event Sr. Research Analyst, Piper Sandler & Co.

showcased a company in the midst of a significant business inflection, with the platform 612 303-6509, james.fish@psc.com

evolving from a JavaScript developer tool into the "agentic infrastructure" layer of the AI era. Ryan Abbott

The conference mostly pertains to our EDP / inference-as-a-service names (see our EDP Research Analyst, Piper Sandler & Co.

503 351-5391, ryan.abbott@psc.comdive and virtual event takes) such as NET, DOCN, AKAM, & FSLY. High-level takes include:

1) Agentic Infrastructure is seeing parabolic growth, with agents now even choosing their Timothy Shubsda

Research Analyst, Piper Sandler & Co.

own infrastructure. The infrastructure stack is evolving from static to dynamic / agentic; 716 461-2680, timothy.shubsda@psc.com

2) while hyperscalers offer 'breadth without coherence', developer-native platforms are

winning with a differentiated & "opinionated-stack" that abstracts away cloud complexity; Related Companies: Share Price:

3) AI Gateways / Token-Delivery Networks are on the rise. We come away incrementally AKAM 113.80

positive for those driving agentic infrastructure as we see a shift in architectures underway, DOCN 149.86

including for covered names like NET. FSLY 18.00

NET 243.76

• Vercel Ship: Vercel provides website, apps, and agentic infrastructure in one developer- INDUSTRY RISKS

friendly platform. Vercel is benefitting from the agentic growth across the space with

Macroeconomic, IT Spending, Architectural