Stova Strengths, Domain Expertise, and Key Differentiators
Stova's strengths lie in its comprehensive suite of services, rooted in cloud-based architecture and SaaS models, catering to a broad spectrum of event management functionalities. Leveraging multi-tenant cloud technology, it integrates open-source tools to deliver a robust and scalable solution suite.
Regarding financial aspects, Aventri's strategic moves in product innovation and expansion were bolstered by Whatfix's Series D funding, raising $90 million in June 2021, showcasing a remarkable surge in valuation and reaffirming investor confidence in the company's trajectory.
Stova Recent Developments
Following the merger of MeetingPlay and Aventri, along with the acquisition of eventcore in 2022, the amalgamation birthed Stova, a prominent global leader in event management solutions.
In 2022, Aventri unveiled a series of innovative solutions in recent years, including the launch of their Virtual Event Platform, enabling virtual and hybrid events, and the introduction of a Strategic Meetings Management platform in February 2019, catering to enterprise clients' complex needs. Additionally, through the acquisition of ITN, Aventri expanded its capabilities by integrating high-tech badges and NFC tools for enhanced event analytics and streamlined event operations.
Stova Mergers and Acquisitions (M&A) Activities
In October 2022, the merger of MeetingPlay, Aventri, along with the acquisition of Eventcore culminated in the formation of Stova, a leading global entity in event management solutions, emphasizing a comprehensive platform tailored for diverse event needs. Rooted in the heritage of its founding brands, Stova offers a range of bespoke and off-the-shelf services, aiming to deliver exceptional experiences for events of any scale, format, and audience while reflecting a commitment to innovation and client-centric solutions.
Stova Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Stova 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 Stova 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 Stova customers.
Stova Overview
55 Broadway, Suite 319
New York, NY, 10006, United States
1 203-403-9470
https://www.stova.io/
Ownership: - x
Number of Employees: 420
Functional Markets: Collaboration, CRM,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Real Estate, Consumer Packaged Goods, Distribution, K12, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Manufacturing, Media, Faith-Based Nonprofit, Youth and Elderly Care, Special Cause Nonprofit, Professional Services, Retail, Transportation,
Stova Key Enterprise and Cloud Applications
Stova
Stova 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.
Stova Revenue Breakdown By Type, $M:
Stova Enterprise Applications Revenues By Functional Markets, $M:
Stova Enterprise Applications Revenues By Verticals, $M:
Stova 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 |
Stova Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Stova Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Stova Customers
No. of Stova Customers: 1700
No. of Stova Enterprise Applications Customers: 1700
No. of Stova Cloud Customers: 1700
No. of Stova Cloud Subscribers: x
With a customer base exceeding 1,700 globally, including prominent entities like DHL, Janssen, GLOBALFOUNDRIES, and the National Soccer Coaches Association of America, Stova's prowess transcends industries, resonating with leading corporations, associations, agencies, and educational institutions.
Stova Market Opportunities, M&A and Geo Expansions
The integration of high-tech badges, NFC tools, and the Virtual Event Platform heralds a new era of immersive event experiences, aligning with market opportunities driven by IoT, AI, and cloud technologies. Stova's focus on embracing these innovations signifies a commitment to evolving with the ever-changing demands of the industry.
Stova Risks and Challenges
However, alongside these opportunities, Stova faces challenges inherent in rapidly evolving technologies. Adapting swiftly while ensuring seamless integration and cybersecurity remains pivotal for sustained growth.
Stova Ecosystem, Partners, Resellers and SI
Stova's ecosystem flourishes through partnerships and integrations, exemplified by alliances with entities like CLEAR to fortify health screenings at large-scale events. These collaborations augment the company's offerings, fostering a robust ecosystem of system integrators and value-added resellers.
In essence, Stova's genesis marks a significant milestone in the event management landscape, propelled by a legacy of innovation, strategic mergers, and a forward-looking approach to embrace technological advancements while addressing the evolving needs of its clientele.
Stova Cloud Infrastructure Insights
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- Stova Public Cloud and Infrastructure (IaaS)
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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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