Evernote Strengths, Domain Expertise, and Key Differentiators
Founded in 2007, Evernote is an app designed for note-taking, organizing, task management, and archiving. It is developed by the Evernote Corporation, headquartered in Redwood City, California.
The app allows users to create notes, which can be text, drawings, photographs, or saved web content. Notes are stored in notebooks and can be tagged, annotated, edited, searched, given attachments, and exported.
Evernote is cross-platform, for Android, iOS, macOS, and Microsoft Windows. It is free to use with monthly usage limits and offers paid plans for expanded or lifted limits. The basic Evernote app is available for free, paid subscriptions run from a monthly fee of $5 to $45 for a full year.
Evernote Recent Developments
Since mid-2018, Microsoft and Evernote are teamed up for the latest third-party integration to hit Microsoft Teams (via Thurrott). With Evernote for Microsoft Teams, users will now be able to easily access their notes from chat and share them with others. That includes the ability to share, pin, search, and edit your Evernote notes directly from within the Teams app.
Evernote Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Evernote 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 Evernote 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 Evernote Basic, Evernote Premium, Evernote Business customers.
Ownership: - Meritech Capital, CBC Capital, Sequoia Capital, Morgenthaler Ventures, and DOCOMO Capital
Number of Employees: 500
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction and Real Estate, Consumer Packaged Goods, Distribution, Education, Government, Healthcare, Insurance, Leisure and Hospitality, Life Sciences, Manufacturing, Media, Non Profit, Oil, Gas and Chemicals, Professional Services, Retail, Transportation, Utilites,
Evernote Key Enterprise and Cloud Applications
Evernote Basic, Evernote Premium, Evernote Business
Evernote Revenues, $M:
|Type/Year||2019||2020||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.
Evernote Revenue Breakdown By Type, $M:
|Type||License||Prof. Services||Hardware||Support & Maintenance||SaaS||PaaS||IaaS||Other (Non Enterprise Application Revenues)||Total|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||100%|
Evernote Enterprise Applications Revenues By Functional Markets, $M:
Evernote Enterprise Applications Revenues By Verticals, $M:
Evernote Revenues By Region, $M
|Region||% of Total Revenues||2020 Total Revenues, $M||2020 Enterprise Applications Revenues, $M||2020 Cloud Applications Revenues, $M|
Evernote Direct vs Indirect sales
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Evernote Customers - Breakdown by Geo, Size, Vertical and Product
No. of Evernote Customers: x
No. of Evernote Enterprise Applications Customers: x
No. of Evernote Cloud Customers: x
No. of Evernote Cloud Subscribers: 225 million
Evernote is discovered by 225 million people around the world, which is used in over 25 languages every day.
Evernote Market Opportunities, M&A and Geo Expansions
Evernote use AI to deliver better search results and suggest relevant tasks.
Evernote has raised nearly $300 million, with its long list of investors including Sequoia, NEA, Harbor Capital, T. Rowe Price, and many individuals.
In February 2018, Evernote took an important step forward with the launch of Evernote Spaces, the company’s first truly collaborative team-based product.
Evernote Risks and Challenges
In June 2016 Evernote raised the prices of its paid plans and added new limitations for its free service. The new plans, which are still labeled Basic, Plus, and Premium, had the new prices and limits starting today. The biggest change, which will affect most users, is coming to the Basic plan. Evernote Basic remains a free-to-use service, but it is now limited to two devices per account. Prior to this, Basic users could sync their notes with an unlimited number of devices.
In August 2018, Evernote lost the majority of its ranking executives in one month alone, including CFO Vincent Toolan, CPO Erik Wrobel, CTO Anirban Kundu, and Head of HR Michelle Wagner.
Evernote Ecosystem, Partners, Resellers and SI
Evernote Corporation is a global, privately-owned company headquartered in Redwood City, California. Evernote also has offices in Austin (Texas), Bothell (Washington), New Delhi (India), San Diego (California), Santiago (Chile), and Tokyo (Japan).
Evernote Cloud Infrastructure Insights
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- Evernote Public Cloud and Infrastructure (IaaS)
- Evernote Platform (PaaS)
- Evernote Application Delivery
- Evernote Private Cloud and Data Centers
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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