Avid Technology, Inc.

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

Functional Markets: Collaboration, Content Management, ERP Services and Operations Management,

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:

Type	License	Services	Hardware	Support & Maintenance	SaaS
% of Total Revenues	Subscribe	Subscribe	Subscribe	Subscribe	Subscribe
Revenues, $M	Subscribe	Subscribe	Subscribe	Subscribe	Subscribe

Avid Technology, Inc. Enterprise Applications Revenues By Functional Markets, $M:

Split by Functional MArkets	% of Total Revenues	2019 Enterprise Apps Revenues, By Functional Markets, $M
Analytics and BI	Subscribe	Subscribe
Collaboration	Subscribe	Subscribe
Content Management	Subscribe	Subscribe
Customer Relationship Management	Subscribe	Subscribe
eCommerce	Subscribe	Subscribe
Enterprise Performance Management	Subscribe	Subscribe
ERP Financial Management	Subscribe	Subscribe
ERP Services and Operations Management	Subscribe	Subscribe
Human Capital Management	Subscribe	Subscribe
IT Service Management	Subscribe	Subscribe
PLM/Engineering	Subscribe	Subscribe
Project Portfolio Management	Subscribe	Subscribe
Procurement	Subscribe	Subscribe
Sales Performance Management	Subscribe	Subscribe
Supply Chain Management	Subscribe	Subscribe
Treasury and Risk Management	Subscribe	Subscribe
Total	Subscribe	Subscribe

Avid Technology, Inc. Enterprise Applications Revenues By Verticals, $M:

Split by Verticals	% of Total Revenues	2019 Enterprise Apps Revenues, By Verticals, $M
Aerospace and Defense	Subscribe	Subscribe
Automotive	Subscribe	Subscribe
Banking and Financial Services	Subscribe	Subscribe
Communication	Subscribe	Subscribe
Construction and Real Estate	Subscribe	Subscribe
Consumer Packaged Goods	Subscribe	Subscribe
Distribution	Subscribe	Subscribe
Education	Subscribe	Subscribe
Government	Subscribe	Subscribe
Healthcare	Subscribe	Subscribe
Insurance	Subscribe	Subscribe
Leisure and Hospitality	Subscribe	Subscribe
Life Sciences	Subscribe	Subscribe
Manufacturing	Subscribe	Subscribe
Media	Subscribe	Subscribe
Non Profit	Subscribe	Subscribe
Oil, Gas and Chemicals	Subscribe	Subscribe
Professional Services	Subscribe	Subscribe
Retail	Subscribe	Subscribe
Transportation	Subscribe	Subscribe
Utilities	Subscribe	Subscribe
Total	Subscribe	Subscribe

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
Americas	Subscribe	Subscribe	Subscribe	Subscribe
EMEA	Subscribe	Subscribe	Subscribe	Subscribe
APAC	Subscribe	Subscribe	Subscribe	Subscribe
Total	Subscribe	Subscribe	Subscribe	Subscribe

Avid Technology, Inc. Direct vs Indirect sales

Region	Direct Sales	Indirect Sales	Total
Type %	Subscribe	Subscribe	Subscribe
Revenues, $M	Subscribe	Subscribe	Subscribe

Avid Technology, Inc. Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Avid Technology, Inc. Customers

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

Subscribe to read more about:

Avid Technology, Inc. Public Cloud and Infrastructure (IaaS)
Avid Technology, Inc. Platform (PaaS)
Avid Technology, Inc. Application Delivery
Avid Technology, Inc. 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 Us
https://www.appsruntheworld.com/taxonomy
https://www.appsruntheworld.com/FAQ

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Avid Technology, Inc. Among Apps Top 500