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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, Inc. (NASDAQ: EVBG), a leader in critical event management, announced the granting of a new patent for its Public Warning system. This innovative patent focuses on hybrid population alerting systems, enhancing the efficiency of message delivery in public mobile networks. Everbridge is the first provider to cover entire populations across 11 countries and supports EU compliance for population-wide alerting systems by June 2022. The patent, titled Intelligent Messaging-Channel Selection and Related Features For Alert Systems, aims to optimize mass notifications during emergencies.
Everbridge (NASDAQ: EVBG) has been recognized by the Boston Business Journal as one of the top 30 fastest-growing middle-market companies in Massachusetts for the second consecutive year, improving its ranking from the previous year. This accolade highlights Everbridge's significant growth, particularly in its COVID-19 Shield™ Vaccine Distribution solution. The company has also expanded its workforce, adding over 80 employees in Massachusetts, boosting its global team to over 1,400. Everbridge's CEM platform is trusted by over 5,600 customers globally, underlining its market leadership.
Everbridge (NASDAQ: EVBG) has been selected by the Florida Department of Education as an approved partner to comply with Alyssa’s Law, which mandates silent panic alarms in schools. Starting in the 2021-2022 school year, schools must demonstrate compliance to enhance safety. Everbridge's mobile panic button technology exceeds state requirements and enables rapid communication with law enforcement. The system is aimed at ensuring quick response in emergencies while also addressing challenges posed by COVID-19. The company has supported various safety initiatives across Florida and other educational institutions nationwide.
Everbridge (NASDAQ: EVBG) has launched the ManageBridge App, enhancing crisis management capabilities for organizations to effectively respond to natural and manmade critical events. This mobile app allows dispatchers and incident managers to orchestrate incident resolution, communicate rapidly with responders, and conduct analyses for future improvements. Key features include real-time updates, crisis management tools, and comprehensive reporting functionalities. Available on the Apple App Store and Google Play, the app aims to empower users in disaster response scenarios.
Everbridge, a leader in critical event management, will present at the Raymond James Institutional Investors Conference on March 2, 2021, at 8:20 a.m. ET. Investors can access a live webcast and replay on the company’s investor relations website.
Everbridge provides software solutions that help organizations respond to critical events, serving over 5,600 global customers including major U.S. cities and large corporations. Their platform supports various communication methods to keep people safe during emergencies.
Everbridge (NASDAQ: EVBG) is expanding its presence in Asia Pacific (APAC), securing a major government contract with India’s State of Kerala for its Critical Event Management (CEM) platform. Everbridge now serves customers across 18 APAC countries, delivering solutions to various sectors, including financial services and healthcare. Its total workforce in APAC has grown to over 300 employees, supporting initiatives like COVID-19 response and public safety.
The company’s platform has reached over 700 million people globally, emphasizing its commitment to safety and business continuity.
Everbridge, Inc. (NASDAQ: EVBG) reported strong financial results for Q4 and full year 2020 despite COVID-19 challenges, achieving 35% revenue growth year-over-year. Q4 revenue was $75.6 million, up 32% from $57.1 million in Q4 2019. However, GAAP net loss increased to $(24.6) million, with net loss per share of $(0.70). Total 2020 revenue reached $271.1 million. The company anticipates Q1 2021 revenue between $75.3 million and $75.7 million, projecting continued growth in its critical event management solutions.
Everbridge, Inc. (NASDAQ: EVBG) has secured five Public Warning contracts across wireless carriers and government entities in Europe and Asia to enhance population alerting systems. Notably, the Government of Kerala, India, representing over 50 million residents, has chosen Everbridge for its statewide alerting system. The contracts aim to improve safety during critical events like natural disasters and pandemics. Everbridge's advanced platform integrates multi-channel technologies, including 5G, ensuring effective communication in emergencies.
Everbridge (NASDAQ: EVBG) has been selected by Oregon to implement the OR-Alert emergency notification system, enhancing statewide communication for life-safety alerts. This partnership marks Oregon's commitment to improving emergency management following a devastating wildfire season in 2020. With a population of 4 million and catering to 29 million annual visitors, the program will allow local jurisdictions to customize alerts and automate notifications for emergencies, ultimately bolstering the state’s preparedness and resilience.
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