Avid Technology, Inc. Strengths, Domain Expertise, and Key Differentiators
Avid delivers the most open and efficient media platform, connecting content creation with collaboration, asset protection, distribution, and consumption. Avid’s preeminent customer community uses Avid’s comprehensive tools and workflow solutions to create, distribute and monetize the most watched, loved and listened to media in the world, from prestigious and award-winning feature films to popular television shows, news programs and televised sporting events, and celebrated music recordings and live concerts.
Avid Technology, Inc. Recent Developments
In August 2020, Avid released Avid NEXIS 2020, a purpose-built solution for production teams of all sizes that need to keep working from anywhere to stay ahead of surging demand for new content. New Avid NEXIS 2020 features includes “All-Mirror” high-availability engines to protect workflows against a range of conditions for failure, including network disruptions, disk loss or the loss of an entire engine. Workflow gains coming from Avid NEXIS 2020 include up to 40 percent more shared storage in the same footprint, flexible storage tiering that combines on-premises and cloud resources and broader support for third-party tools.
Avid Technology, Inc. Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Avid Technology, Inc. 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 Avid Technology, Inc. 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 Avid Link, AvidPlay, Avid Media Composer, Avid Pro Tools, Avid NEXIS, Avid Media Central customers.
Avid Technology, Inc. Overview
Ownership: - NASDAQ : AVID
Number of Employees: 1429
Key Verticals: Media,
Avid Technology, Inc. Key Enterprise and Cloud Applications
Avid Link, AvidPlay, Avid Media Composer, Avid Pro Tools, Avid NEXIS, Avid Media Central
Avid Technology, Inc. Revenues, $M:
|Type/Year||2018||2019||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.
Avid Technology, Inc. Revenue Breakdown By Type, $M:
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Avid Technology, Inc. Enterprise Applications Revenues By Functional Markets, $M:
Avid Technology, Inc. Enterprise Applications Revenues By Verticals, $M:
Avid Technology, Inc. Revenues By Region, $M
|Region||% of Total Revenues||2019 Total Revenues, $M||2019 Enterprise Applications Revenues, $M||2019 Cloud Applications Revenues, $M|
Avid Technology, Inc. Direct vs Indirect sales
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Avid Technology, Inc. Customers - Breakdown by Geo, Size, Vertical and Product
No. of Avid Technology, Inc. Customers: x
No. of Avid Technology, Inc. Enterprise Applications Customers: x
No. of Avid Technology, Inc. Cloud Customers: x
No. of Avid Technology, Inc. Cloud Subscribers: x
Avid has a significant global customer base that is loyal to our brand across TV, film, music, and media. Some of the customers are: HBO, Miami Heat, Newzroom Africa, Soundon, Opera de Paris, Thailand`s National Broadcast Service (NBT). Avid has approximately 218,000 paid subscriptions for its creative tools Media Composer, Pro Tools and the Sibelius product.
Avid Technology, Inc. Market Opportunities, M&A and Geo Expansions
Avid's MediaCentral Panel for Adobe Premiere Pro, a lightweight software plugin enables Premiere Pro editors to connect with post-production workflows for news and sports, offering full advantage of Avid storage, asset management and team collaboration.
Avid and Microsoft have produced several essential media workflows running in the cloud, including collaborative editing, content archiving, active backup and production continuity.
Avid Technology, Inc. Risks and Challenges
Avid`s revenues and operating results depend significantly on their third-party reseller and distribution channels. Failure to effectively manage the distribution channels for the products and services could adversely affect profitability.
Avid Technology, Inc. Ecosystem, Partners, Resellers and SI
In May 2020, Avid renewed its cloud collaboration with Microsoft. Over the course of the new five-year strategic alliance agreement Avid will continue to develop and deploy its cloud-based solutions on Microsoft Azure.
In August 2020, Avid partnered with Diversified. Diversified’s media, corporate, government, higher education and house of worship clients in all geographies, excluding China, can count on a single source for all Avid tools and solutions to meet their rapidly evolving needs in video and audio content creation.
Avid Technology, Inc. Cloud Infrastructure Insights
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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).
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