STOCK TITAN

Everbridge Awarded Industry-Leading 16th Authority to Operate (ATO) on FedRAMP Marketplace Among Critical Event Management (CEM) Service Providers

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Everbridge, Inc. (NASDAQ: EVBG) has achieved its 16th Authority To Operate (ATO) on the FedRAMP Marketplace, leading in authorizations among critical event management providers. This recognition from the Court Services and Offender Supervision Agency adds to their extensive federal agency support, which includes over 70 agencies. Everbridge's platform meets 325 FedRAMP Moderate baseline controls, emphasizing their commitment to security. Recent federal contracts include three years with the U.S. Army, further solidifying its market position in critical event management.

Positive
  • Achieved 16th Authority To Operate (ATO) on FedRAMP Marketplace.
  • Support for over 70 federal agencies, enhancing market credibility.
  • New three-year contract with the U.S. Army for JARVISS system.
Negative
  • None.

Everbridge, Inc. (NASDAQ: EVBG), the global leader in Critical Event Management (CEM), today announced the company’s industry-leading 16th Authority To Operate (ATO) on the FedRAMP Marketplace, surpassing all other emergency notification and critical event management providers listed as part of the federal government’s most rigorous review process for cloud products and services. FedRAMP (the Federal Risk and Authorization Management Program) maintains a standardized approach to security assessment, authorization and continuous monitoring of SaaS providers used by the federal government.

Everbridge Awarded Industry-Leading 16th Authority to Operate (ATO) on FedRAMP Marketplace Among Critical Event Management (CEM) Service Providers (Photo: Business Wire)

Everbridge Awarded Industry-Leading 16th Authority to Operate (ATO) on FedRAMP Marketplace Among Critical Event Management (CEM) Service Providers (Photo: Business Wire)

The Court Services and Offender Supervision Agency (CSOSA) marks the latest government agency to grant Everbridge an ATO, joining more than 70 federal agencies that Everbridge supports including the U.S. Nuclear Regulatory Commission, Federal Housing Finance Authority, Departments of Commerce, Energy, Interior, Defense, Justice, and Health and Human Services, the Consumer Financial Protection Bureau, the Federal Deposit Insurance Corporation, the Environmental Protection Agency, the Social Security Administration, the National Cancer Institute, and the Peace Corps.

“Leading the FedRAMP Marketplace in authorizations within the critical event management space demonstrates both our commitment to the federal sector and to enterprise organizations around the world that demand the utmost in security and compliance,” said Mike Mostow, Vice President of Federal at Everbridge. “Everbridge provides government agencies with the industry’s most scalable and reliable platform to rapidly respond to global disruptions, while helping protect those who serve our nation each and every day.”

The U.S. Army recently entered into a new three-year contract with Everbridge to power JARVISS, the Department of Defense’s enterprise system for threat visibility designed to keep military personnel and facilities safe. Everbridge’s latest federal wins also include contracts with the U.S. Navy, the 6th Circuit Court of Appeals, Indian Health Services, and the Railroad Retirement Board.

The FedRAMP Program Management Office (PMO) authorizes the Everbridge Suite of platform and products based on independent auditors’ rigorous annual examination to ensure Everbridge implements the 325 controls in the FedRAMP Moderate baseline required to support the operational resilience needs of federal agencies, a mandate for any cloud service provider that serves the federal government.

Beyond the federal space, Everbridge complies with a wide array of industry security standards and regulations. Most recently, Everbridge Control Center became ISO 27001 and ISO 27701 certified. The industry’s first and proven off-the-shelf physical security information management (PSIM) software platform, Control Center helps organizations return to work by integrating and managing data and analytics from video cameras, thermal cameras, badge access and other building systems, and automating the response to ensure the safety and protection of employees. The relatively new ISO 27701 certification, which launched in August 2019, comprises a meticulous certification process designed to help organizations protect personally identifiable information (PII) and other data. Recent Everbridge acquisitions including xMatters also bring with them ISO 27001 certifications.

As the global leader in critical event management and public warning, the Everbridge Platform reaches over 700 million people and currently supports the countrywide public warning system deployments in Australia, Iceland, the Netherlands, New Zealand, Norway, Peru, Singapore, and Sweden; the statewide mass notification systems of some of the most populous states in the U.S. including New York, Florida and California; as well as leading F500 companies and over 3,700 other municipalities, counties and cities within 49 of the 50 United States, all of Canada’s provinces, and throughout Europe and Asia, including many of the most populous states in India.

About Everbridge

Everbridge, Inc. (NASDAQ: EVBG) is a global software company that provides enterprise software applications that automate and accelerate organizations’ operational response to critical events in order to Keep People Safe and Organizations Running™. During public safety threats such as active shooter situations, terrorist attacks or severe weather conditions, as well as critical business events including IT outages, cyber-attacks or other incidents such as product recalls or supply-chain interruptions, over 5,700 global customers rely on the Company’s Critical Event Management Platform to quickly and reliably aggregate and assess threat data, locate people at risk and responders able to assist, automate the execution of pre-defined communications processes through the secure delivery to over 100 different communication modalities, and track progress on executing response plans. Everbridge serves 8 of the 10 largest U.S. cities, 9 of the 10 largest U.S.-based investment banks, 47 of the 50 busiest North American airports, 9 of the 10 largest global consulting firms, 8 of the 10 largest global automakers, 9 of the 10 largest U.S.-based health care providers, and 7 of the 10 largest technology companies in the world. Everbridge is based in Boston with additional offices in 20 cities around the globe. For more information visit www.everbridge.com

Cautionary Language Concerning Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding the anticipated opportunity and trends for growth in our critical communications and enterprise safety applications and our overall business, our market opportunity, our expectations regarding sales of our products, our goal to maintain market leadership and extend the markets in which we compete for customers, and anticipated impact on financial results. These forward-looking statements are made as of the date of this press release and were based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management. Words such as “expect,” “anticipate,” “should,” “believe,” “target,” “project,” “goals,” “estimate,” “potential,” “predict,” “may,” “will,” “could,” “intend,” variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond our control. Our actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to: the ability of our products and services to perform as intended and meet our customers’ expectations; our ability to successfully integrate businesses and assets that we may acquire; our ability to attract new customers and retain and increase sales to existing customers; our ability to increase sales of our Mass Notification application and/or ability to increase sales of our other applications; developments in the market for targeted and contextually relevant critical communications or the associated regulatory environment; our estimates of market opportunity and forecasts of market growth may prove to be inaccurate; we have not been profitable on a consistent basis historically and may not achieve or maintain profitability in the future; the lengthy and unpredictable sales cycles for new customers; nature of our business exposes us to inherent liability risks; our ability to attract, integrate and retain qualified personnel; our ability to maintain successful relationships with our channel partners and technology partners; our ability to manage our growth effectively; our ability to respond to competitive pressures; potential liability related to privacy and security of personally identifiable information; our ability to protect our intellectual property rights, and the other risks detailed in our risk factors discussed in filings with the U.S. Securities and Exchange Commission (“SEC”), including but not limited to our Annual Report on Form 10-K for the year ended December 31, 2020 filed with the SEC on February 26, 2021. The forward-looking statements included in this press release represent our views as of the date of this press release. We undertake no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to the date of this press release.

All Everbridge products are trademarks of Everbridge, Inc. in the USA and other countries. All other product or company names mentioned are the property of their respective owners.

FAQ

What is the significance of Everbridge's 16th ATO on FedRAMP Marketplace?

It establishes Everbridge as a leader in compliance among critical event management providers, enhancing trust with federal clients.

How many federal agencies does Everbridge support?

Everbridge supports over 70 federal agencies, highlighting its strong presence in the federal market.

What recent contract did Everbridge secure?

Everbridge recently entered into a three-year contract with the U.S. Army for their JARVISS system.

What controls does Everbridge implement for FedRAMP compliance?

Everbridge implements 325 controls required by the FedRAMP Moderate baseline for security and compliance.

Everbridge, Inc.

NASDAQ:EVBG

EVBG Rankings

EVBG Latest News

EVBG Stock Data

1.46B
40.69M
1.46%
90.92%
3.61%
Software - Application
Services-prepackaged Software
Link
United States of America
BURLINGTON