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Everbridge, Inc. (NASDAQ: EVBG) stands as a global leader in critical event management and enterprise safety applications. The company specializes in automating and expediting operational responses to critical incidents to ensure the safety of people and the continuity of business operations. With a robust SaaS-based platform, Everbridge aids in aggregating and assessing threat data, locating individuals at risk, coordinating responders, automating communication processes, and tracking the execution of response plans.
In times of public safety threats such as active shooter situations, terrorist attacks, or severe weather conditions, as well as critical business events including IT outages or cyber-attacks, over 3,400 customers worldwide depend on Everbridge's services. The platform has demonstrated its reliability by delivering over 1.5 billion messages in 2016 and reaching more than 200 countries and territories, ensuring secure communication across 100 different devices.
Everbridge caters to a diverse range of industries such as technology, energy, financial services, healthcare, manufacturing, media, retail, higher education, and professional services. The company's significant revenue is primarily generated from operations in the United States.
Recent achievements include strategic partnerships and innovative projects aimed at enhancing their critical event management capabilities. Everbridge continues to evolve its platform to meet the growing demands of enterprise safety and business continuity, reinforcing its position as a vital player in the industry.
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.
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.
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.
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.
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.
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.
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.
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.
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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