Everbridge Strengths, Domain Expertise, and Key Differentiators
Everbridge's strength lies in its global standing as a software company offering applications that automate responses to critical events. With a focus on public safety threats and critical business events, Everbridge excels in providing solutions for scenarios such as active shooter situations, terrorist attacks, severe weather conditions, IT outages, cyber-attacks, and more. The integration of Everbridge and xMatters solutions showcases a commitment to technological innovation in the realm of critical event management.
Everbridge Recent Developments
In November 2021, Everbridge made headlines with the launch of its groundbreaking Digital Operations Platform, showcasing its commitment to aiding organizations in achieving operational excellence. This platform aligns seamlessly with Everbridge's Critical Event Management (CEM) for Digital solution, reinforcing the company's dedication to supporting digital transformation efforts. These strategic moves position Everbridge to save time, reduce costs, and maintain revenue streams while ensuring continuous service uptime.
Everbridge Mergers and Acquisitions (M&A) Activities
May 2021 marked a pivotal moment for Everbridge as it acquired xMatters, a move that solidified its position in IT Service Operations, Cybersecurity, and DevOps incident response management. This strategic integration transforms how organizations manage IT and cyber incidents, aiming to protect revenue and reduce expenses. Fast forward to February 2024, and Everbridge entered into a definitive agreement to be acquired by Thoma Bravo in an all-cash transaction valued at approximately $1.5 billion, emphasizing the company's substantial market worth.
Everbridge Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Everbridge applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Everbridge and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Critical Event Management Platform customers.
Everbridge Overview
25 Corporate Drive, Suite 400
Burlington, MA, 1803, United States
1 818 230-9700
https://www.everbridge.com/
Ownership: - NASDAQ: EVBG
Number of Employees: 1593
Functional Markets: ERP Services and Operations,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, K12, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
Everbridge Key Enterprise and Cloud Applications
Critical Event Management Platform
Everbridge Revenues, $M:
| Type/Year | 2022 | 2023 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Everbridge Revenue Breakdown By Type, $M:
Everbridge Enterprise Applications Revenues By Functional Markets, $M:
Everbridge Enterprise Applications Revenues By Verticals, $M:
Everbridge Revenues By Region, $M
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Everbridge Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Everbridge Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Everbridge Customers
No. of Everbridge Customers: 6500
No. of Everbridge Enterprise Applications Customers: 6500
No. of Everbridge Cloud Customers: x
No. of Everbridge Cloud Subscribers: x
Everbridge boasts a customer base of over 6,500 globally, relying on its Critical Event Management Platform. These customers span 70 countries and include significant players in various industries, from technology and energy to finance, healthcare, manufacturing, and more. Everbridge's applications cater to a diverse range of organizations, including enterprises, small businesses, non-profits, educational institutions, and governmental agencies.
Everbridge Market Opportunities, M&A and Geo Expansions
The introduction of the next-generation Travel Risk Management solution in November 2021 positions Everbridge to tap into the burgeoning market for global travel risk, operational resilience, and occupational health management. The critical event management platform's integration into this solution enhances businesses' ability to quickly locate and communicate with traveling employees, remote workers, and those returning to the office.
Everbridge Risks and Challenges
Everbridge acknowledges risks associated with its international operations, as it strives to expand its sales to customers outside the United States. Navigating the complexities of international markets requires a strategic approach to mitigate potential challenges and ensure sustained growth.
Everbridge Ecosystem, Partners, Resellers and SI
Everbridge's ecosystem is fortified through strategic partnerships, acquisitions, and integrations. The acquisition of RedSky Technologies in January 2021 and the unveiling of the next-gen Travel Risk Management solution showcase Everbridge's commitment to enhancing its ecosystem. The sales strategy, involving telephone and direct inside sales teams, direct field sales teams, and partner channels, ensures a diverse and comprehensive approach to reaching customers.
Everbridge Cloud Infrastructure Insights
Subscribe to read more about:
- Everbridge Public Cloud and Infrastructure (IaaS)
- Everbridge Platform (PaaS)
- Everbridge Application Delivery
- Everbridge Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
https://www.appsruntheworld.com/About Ushttps://www.appsruntheworld.com/taxonomy
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