Echo360 Strengths, Domain Expertise, and Key Differentiators
Echo360 makes engagement software and audience response technology to enhance learning experiences. The company has sold over 20 million response solutions to K-12 schools, universities, businesses, and government agencies worldwide. With the acquisition of Knowbly, Echo360 will spread its product portfolio and gain new clients in the next decade. Knowbly is a cloud-based rapid authoring tool for creating digital courses and quizzes, including asset management, a unique interactive video widget, and the ability to customize your content & themes.
Echo360 Recent Developments
In August 2023 Echo36 demonstrated its commitment to educational innovation by unveiling EchoExam. This cutting-edge SaaS summative assessment platform is poised to redefine how educators, administrators, and learners approach assessments in diverse learning environments, spanning K12, higher education, and professional accreditation segments.
EchoExam marks a significant evolution from Echo360's already popular ExamView testing software. The platform introduces a plethora of enhancements, showcasing a dedication to personalization, compatibility, and performance measurement. From a personalized item bank with metadata and K12 standards-based questions to seamless integration with content from educational publishing giants like Savvas, Elsevier, and Cengage, EchoExam is positioned as the go-to assessment solution.
The global launch of EchoExam follows the successful introduction of EchoPoll in April. Echo360's strategic alignment with educational publishers and its expanding network of global channel partners position the company for accelerated growth across diverse markets and geographies. EchoExam stands as a testament to Echo360's unwavering commitment to advancing educational technology. As the platform gains traction across Higher Education, K-12, Publisher, Corporate, and Government markets, it heralds a new era of comprehensive and customizable summative assessments, redefining the landscape of educational evaluation. Echo360's innovative EdTech solutions are poised to shape the future of learning experiences worldwide.
Echo360 Mergers and acquisitions (M&A) Activities
In January 2022, Echo360, the globally video-based learning platform merged with Turning to establish SaaS-based video learning and engagement platform that enables instructors and learners to share learning experiences from anywhere. The combined company will operate under the Echo360 brand name.
Echo360 Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Echo360 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 Echo360 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 echovideo, echoengage, echoauthor, echoexam customers.
Echo360 Overview
Ownership: - x
Number of Employees: 260
Functional Market: Onboarding, Learning and Development, Succession Planning,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Faith-Based Nonprofit, Youth and Elderly Care, Special Cause Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
Echo360 Key Cloud and HCM Applications
echovideo, echoengage, echoauthor, echoexam
Echo360 HCM and Cloud HCM Applications Revenues, $M:
| Type/Year | 2022 | 2023 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| HCM Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* HCM Applications Revenues = License + Support & Maintenance + SaaS ( Hardware and Prof. Services are Excluded )
** 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.
Echo360 Revenue Breakdown by Type:
Echo360 HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets | % of HCM Revenue in the HR Segment | 2023 HCM Revenues, By HR Segment, $M | |
Echo360 HCM Applications Revenues By Verticals, $M:
Echo360 Total and HCM Applications Revenues by Region:
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 HCM Applications Revenues, $M |
|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe |
Echo360 Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Echo360 Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Echo360 Customers
No. of Echo360 Customers: 1200
No. of Echo360 HCM Applications Customers: 1200
No. of Echo360 Cloud HCM Customers: x
No. of Echo360 Cloud HCM Subscribers: 50 Milion
After the merge with Echo360, the combined enterprise will serve over 1,200 colleges and universities around the world, in addition to thousands of K12, business, and government customers in the Americas, Europe, Middle East, and the Asia Pacific regions.
More than half of Fortune 500 companies use Echo360 software in 187 countries around the world. Echo360 is currently being used in all branches of the U.S. military. On the other hand, the Knowbly customers are Kaplan, Pearson, Microsoft, Arizona State University, The Culinary Institute of America, Elsevier, 20-First Building Balanced Services, Catapult Learning, Harper Collins Leadership, Lexia, Talent Tools, The Body Shape, Tigo, and many others.
Echo360 Market Opportunities, M&A and Geo Expansions
In April 2023 Echo360 launched EchoPoll. The platform's unparalleled flexibility allows educators to seamlessly integrate it into various learning environments, from live sessions with rostered and guest users to interactive assignments outside the traditional classroom or office setting. The ability to transform existing presentations and files into interactive sessions through the Companion App showcases Echo360's commitment to user-friendly technology.
Echo360's commitment to scalability and reliability, boasting 99.999% uptime and round-the-clock customer support, reflects the platform's robust infrastructure. The emphasis on scalability is particularly noteworthy in today's dynamic educational landscape, where adaptability to varying user demands is crucial. Murad Velani, President and CEO of Echo360, aptly describes EchoPoll as polling, perfected, highlighting its evolution as the culmination of over two decades of educational polling innovation.
Echo360 Risks and Challenges
Combining Echo360' products with Turning’s suite of learning engagement, authoring, and content solutions could be a challenge for Murad Velani, Chief Executive Officer of Turning Technologies, who will lead the combined company.
Echo360 Ecosystem, Partners, Resellers and SI
Echo360 has forged enduring partnerships with leading educational publishers, reinforcing its commitment to providing high-quality content within its Echosystem. Collaborations with publishers such as Savvas, Elsevier, and Cengage have resulted in a rich repository of educational resources that seamlessly integrate with EchoExam and other platforms.
The synergy between technology, content, and partnerships within the Echosystem positions Echo360 as a transformative force in education technology. As the company looks ahead, these collaborations and partnerships will undoubtedly play a pivotal role in shaping the next chapter of Echo360's journey, driving innovation and excellence in education technology.
Echo360 Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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- Echo360 Public Cloud and Infrastructure (IaaS)
- Echo360 Platform (PaaS)
- Echo360 Application Delivery
- Echo360 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/taxonomy
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