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Everbridge - EVBG STOCK NEWS

Welcome to our dedicated page for Everbridge news (Ticker: EVBG), a resource for investors and traders seeking the latest updates and insights on Everbridge stock.

Introduction

Everbridge (EVBG) stands at the forefront of critical event management and emergency response, providing a robust SaaS-based platform that automates and accelerates organizational responses during crises. The company specializes in integrated solutions that gather, assess, and communicate threat information in real time, ensuring that both public safety events and business-critical incidents are managed efficiently. By leveraging advanced communication technologies and data analytics, Everbridge has built a platform that plays a central role in maintaining operational resilience and safeguarding lives.

Core Operations and Service Model

At its core, Everbridge offers a cloud-based platform designed to manage and mitigate the impact of emergencies. The service aggregates threat data from a variety of sources, processes it through sophisticated algorithms, and immediately transmits alerts to connected stakeholders. This results in rapid identification of risks and mobilization of responders. The platform is designed to support both public safety threats such as natural disasters and terror-related incidents, as well as internal operational disruptions like IT outages or cyber-attacks. Its automated workflows help organizations execute pre-defined communication protocols with precision, reducing response times and minimizing potential harm.

Technological Innovation and Security

The technological backbone of Everbridge is anchored in secure, reliable cloud computing. The platform integrates with over a hundred different communication devices across numerous territories, ensuring global reach and adaptability. Advanced encryption and multi-factor authentication keep all data secure during transmission, which is paramount in managing sensitive crisis information. In addition, the system's scalability enables it to handle an extensive volume of alert messages, making it a dependable solution for organizations operating on a large scale.

Market Relevance and Competitive Landscape

Operating within the high-stakes industry of emergency and crisis management, Everbridge has positioned itself as a crucial operational tool for a diverse array of organizations. Its customer base spans various sectors including public safety agencies, large enterprises, and critical infrastructure providers. By offering a comprehensive suite of communication and incident management tools, Everbridge distinguishes itself through its ability to integrate real-time data aggregation with automated response execution. This dual capability differentiates the company from more traditional communication service providers and underscores its specialization in crisis management. Everbridge competes in a market that demands both reliability and rapid response, and its broad geographical coverage further enhances its appeal to organizations worldwide.

Operational Resilience and Risk Management

Everbridge is committed to minimizing the impact of disruptive events on business operations. The company’s platform is designed to support timely decision-making through automated alerts and real-time status tracking, ensuring that organizations can maintain continuity even in the midst of a crisis. By enabling the tracking of response progress and the execution of contingency plans, clients are better equipped to address potential risks before they escalate. This integrated approach to risk management enhances organizational readiness and resilience, underpinning the platform's value proposition in the marketplace.

Industry Integration and Customer-Centric Approach

The platform is versatile, catering to a broad spectrum of industry demands, from public safety and risk management to IT disruptions. Everbridge’s integration capability means that it can work seamlessly with existing enterprise systems, ensuring that companies are not forced to overhaul their infrastructures in order to deploy effective crisis management solutions. The company places significant emphasis on user experience, ensuring that the interface is intuitive and that the communication protocols are clear and actionable. Furthermore, ongoing support and customizable solutions ensure that the platform can be adapted to meet the unique needs of each client, enhancing its overall effectiveness in emergency scenarios.

Value Proposition and Strategic Positioning

Everbridge provides organizations with an essential tool to address the ever-present risks associated with operational disruptions. The company’s focus on automating the communication process ensures that alerts are not only distributed quickly but also tracked and analyzed, which is crucial for learning from past events and improving future responses. By offering a turnkey solution that integrates data, communication, and incident management, Everbridge has become a trusted partner for organizations looking to enhance their risk management frameworks.

Summary and Industry Impact

In summary, Everbridge (EVBG) has established a significant presence in the critical event management arena by merging state-of-the-art technology with a deep understanding of emergency response needs. The company’s SaaS-based approach, which emphasizes secure, scalable, and automated communication, underscores its commitment to operational excellence. Its comprehensive platform not only anticipates potential crises but also facilitates effective, real-time communication across a global network. The detailed integration of data analytics, automated workflows, and resilient communication strategies positions Everbridge as a pivotal solution in enhancing both public safety and business continuity. Through its relentless focus on integration and usability, Everbridge remains an indispensable tool in a world where rapid, reliable response can make the difference between chaos and control.

  • Automation of Communication: Everbridge utilizes automated workflows to ensure timely and effective emergency communications.
  • Global Reach: With its platform capable of operating in over 200 countries and territories, Everbridge delivers wide-reaching safety solutions.
  • Industry-Specific Adaptability: The platform is designed to cater to the specific needs of various sectors, enhancing operational resilience in diverse environments.
  • Secure Data Management: Robust security protocols ensure that sensitive information is transmitted securely across multiple devices and networks.
  • Integrated Risk Management: The system not only alerts organizations to potential threats but also tracks the response process, providing valuable data for future crisis mitigation.

This detailed overview reflects Everbridge's commitment to ensuring that organizations are equipped to handle emergencies efficiently. By combining deep industry insights with advanced technological solutions, Everbridge continues to support the safety and operational integrity of its clients across the globe.

Rhea-AI Summary

Everbridge (NASDAQ: EVBG) announced that Orange County, North Carolina, has selected its Vaccine Distribution platform to enhance the coordination of the COVID-19 vaccination process. The platform allows residents to choose their notification method when vaccine appointments are available, improving distribution efficiency. As of the announcement, over 50,000 residents in the county were fully vaccinated, representing 33.9% of the population. This partnership reflects the growing trend of government agencies utilizing Everbridge's solutions for effective vaccine management.

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Everbridge, Inc. (NASDAQ: EVBG) will announce its first quarter 2021 financial results on May 10, 2021, post-market close. A conference call is scheduled for 4:30 p.m. ET to discuss the results. Investors can access a replay of the call via the company's website. Everbridge specializes in critical event management, providing software solutions that help organizations respond effectively to public safety threats and operational disruptions. Over 5,600 global customers utilize its platform to enhance safety and operational resilience.

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Everbridge (NASDAQ: EVBG) announces its Spring 2021 COVID-19: Road to Recovery Symposium, scheduled for May 26-27. This virtual event will feature key speakers, including corporate Chief Security Officers from Salesforce.com, Philips Domestic Appliances, and Jabil Inc., discussing security challenges during the COVID-19 pandemic. The event aims to address how organizations can enhance resiliency and adapt to new security demands. Keynote speakers include Bill Clinton and Steve Forbes, highlighting the symposium's significance in fostering dialogue around organizational safety and security.

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Everbridge (NASDAQ: EVBG), a leader in critical event management, announced a virtual leadership summit, the Spring 2021 COVID-19: Road to Recovery (R2R), scheduled for May 26-27. The event will feature keynotes from Bill Clinton and Steve Forbes, along with global public warning experts discussing best practices in population alerting and emergency communication. This symposium aims to prepare communities for future threats, emphasizing topics like regulatory compliance and advancements in emergency alerting technologies.

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Everbridge (NASDAQ: EVBG) has announced that Steve Forbes, Chairman of Forbes Media, will keynote its Spring 2021 COVID-19: Road to Recovery virtual summit, scheduled for May 26-27. The event will focus on future business resilience post-pandemic and feature key insights from industry leaders, including former President Bill Clinton. Last year's symposium attracted over 40,000 participants from various sectors, emphasizing Everbridge's role in critical event management. With a strong client base, including major U.S. cities and global firms, Everbridge aims to foster discussions on business continuity and safety.

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Everbridge (NASDAQ: EVBG) partnered with dentsu international to enhance safety and operational efficiency amid global threats. Dentsu adopted Everbridge's Critical Event Management (CEM) platform to facilitate effective communication and real-time intelligence during emergencies like natural disasters and pandemics. The platform provided tools such as incident templates and internal collaboration features, leading to a quick response during COVID-19. Dentsu won a 2020 Everbridge CEM Impact Award for its effective COVID-19 response, demonstrating the significance of innovative management solutions for organizational resilience.

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Everbridge (NASDAQ: EVBG) announced a new three-year contract with the U.S. Army for its software solutions, including JARVISS, aimed at enhancing threat visibility and information sharing. This contract also extends to two major commands of the U.S. Air Force, specifically the Air Force Materiel Command and Air Force North, to bolster their analytics capabilities. JARVISS is designed to address security threats like terrorism, active shooters, and natural disasters, and has been adapted for COVID-19 support in military operations.

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Everbridge (NASDAQ: EVBG) has signed a definitive agreement to acquire xMatters for about $240 million in cash and stock, subject to regulatory approval. This acquisition aims to enhance Everbridge's Critical Event Management (CEM) platform by integrating xMatters' IT alerting and incident management technology. The deal is expected to contribute $9-11 million to 2021 revenue, with minimal impact on adjusted EBITDA for this year, but anticipated accretion in 2022. The acquisition is seen as a strategic move to foster digital transformation and improve customer service resilience.

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Everbridge, Inc. (NASDAQ: EVBG) has announced an expansion of its Critical Event Management (CEM) SaaS platform, introducing a comprehensive suite of resiliency solutions tailored for organizations adapting to the post-pandemic landscape. The upgraded platform aims to enhance operational risk management and crisis response, emphasizing a 'closed loop' approach to critical event management. With over 5,600 clients globally, including Fortune 1000 companies, Everbridge’s solutions leverage 25,000 risk data sources to improve public safety and bolster business continuity.

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FAQ

What is the current stock price of Everbridge (EVBG)?

The current stock price of Everbridge (EVBG) is $35 as of February 7, 2025.

What is the market cap of Everbridge (EVBG)?

The market cap of Everbridge (EVBG) is approximately 1.5B.

What is the primary focus of Everbridge?

Everbridge specializes in critical event management and enterprise safety, providing a SaaS-based platform that automates emergency communications and incident management.

How does Everbridge ensure organizational safety during crises?

The platform aggregates threat data from diverse sources, automates the execution of pre-defined communication protocols, and tracks response efforts to ensure quick and effective safety measures.

Who are the typical customers of Everbridge?

Everbridge serves a wide array of organizations, including public safety agencies, large enterprises, and entities managing critical infrastructure, all of which require robust crisis management solutions.

What differentiates Everbridge from other communication platforms?

Everbridge combines sophisticated data aggregation, secure messaging, and automated response workflows, which together enhance its capacity to manage emergencies more comprehensively compared to general communication tools.

How does the SaaS model support Everbridge's service delivery?

The SaaS model allows Everbridge to offer scalable, cloud-based solutions that can be rapidly deployed and updated, ensuring continuous, reliable service across global operations.

Can Everbridge's platform integrate with existing enterprise systems?

Yes, the platform is designed for seamless integration with existing systems, enabling organizations to enhance their current risk management and communication frameworks without significant structural changes.

How does Everbridge address global operational risks?

By providing a platform capable of secure, automated communication across multiple devices and regions, Everbridge enables organizations to manage global threats and maintain continuity during emergencies.

What role does technology play in Everbridge's offerings?

Technology is central to Everbridge's service, from secure cloud computing and advanced data analytics to automated workflows and multi-device integration, ensuring efficient and robust crisis management.
Everbridge

Nasdaq:EVBG

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EVBG Stock Data

1.46B
40.69M
1.46%
90.92%
3.61%
Software - Application
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