Everbridge Inc's Corporate Customers have recorded an advance in their cost of revenue by 1.56 % in the 1 quarter 2024 year on year, sequentially costs of revenue were trimmed by -21.18 %. During the corresponding time, Everbridge Inc recorded a revenue increase by 2.51 % year on year, sequentially revenue fell by -3.85 %. While revenue at the Everbridge Inc 's corporate clients recorded rose by 2.03 % year on year, sequentially revenue fell by -17.84 %.
Everbridge Inc's Customers have recorded an advance in their cost of revenue by 1.56 % in the 1 quarter 2024 year on year, sequentially costs of revenue were trimmed by -21.18 %, for the same period Everbridge Inc recorded revenue increase by 2.51 % year on year, sequentially revenue fell by -3.85 %.
Everbridge Inc's Comment on Sales, Marketing and Customers
The market for CEM solutions is highly fragmented, intensely competitive and constantly
evolving. We compete with an array of established and emerging companies, many
of whom are single product or single market focused, as well as in-house solutions.
With the introduction of new technologies and market entrants, we expect the competitive
environment to remain intense going forward. The primary competitors for our Mass
Notification and Incident Management applications include: BlackBerry Limited,
F24 AG, Enera Inc., Nuance Communications, Inc., OnSolve, LLC and SunGard Data
Systems Inc. The primary competitors for our IT Alerting application include:
PagerDuty, Inc. and xMatters, Inc. The primary competitors for our Secure Messaging
application include: DocHalo, LLC, Spok, Inc., Perfect Serve, Inc. and TigerText,
Inc. With respect to our recent acquisitions, the primary competitors for our
Visual Command Center and Crisis Commander applications include Planet Risk Inc.
and In Case of Crisis, respectively.
Everbridge Inc’s Comment on Sales, Marketing and Customers
The market for CEM solutions is highly fragmented, intensely competitive and constantly
evolving. We compete with an array of established and emerging companies, many
of whom are single product or single market focused, as well as in-house solutions.
With the introduction of new technologies and market entrants, we expect the competitive
environment to remain intense going forward. The primary competitors for our Mass
Notification and Incident Management applications include: BlackBerry Limited,
F24 AG, Enera Inc., Nuance Communications, Inc., OnSolve, LLC and SunGard Data
Systems Inc. The primary competitors for our IT Alerting application include:
PagerDuty, Inc. and xMatters, Inc. The primary competitors for our Secure Messaging
application include: DocHalo, LLC, Spok, Inc., Perfect Serve, Inc. and TigerText,
Inc. With respect to our recent acquisitions, the primary competitors for our
Visual Command Center and Crisis Commander applications include Planet Risk Inc.
and In Case of Crisis, respectively.
Sources:
Everbridge Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Everbridge Inc’s corporate clients.
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