So far , Everbridge ’ s offering has garnered interest from well-known clients such as airports , investment banks and the UK ’ s NHS ( in fact , around one third of FTSE 100 companies use Everbridge ) as well as faith from investors . In 2016 , the company made its debut on the stock exchange and since then its stock price has increased by over 200 %. Everbridge ’ s $ 100mn revenue in 2017 marked 36 % year-on-year growth . “ Our IPO was a significant moment within the company ’ s history ,” says Colado , “ as it not only demonstrated the emergence of emergency communications as a major market but also our leadership position within it .” Everbridge is set to continue on this path of rapid growth with its recent acquisition of United Messaging Systems , a leading European provider of critical communications . Will this be a step toward dominating the European market ? “ Given the importance of mobile delivery internationally , UMS ’ unique ability to message the mobile phones of anyone connected to a carrier ’ s cell towers significantly enhances Everbridge ’ s ability to protect people worldwide ,” says Colado , adding that UMS has over 1,000 customers in Northern Europe and reaches over 500mn people with public notifications , using its Population Alerting System ( PAS ) to provide two-way SMS broadcasting .
“ Together we will provide the broadest delivery capability for critical communications worldwide … UMS accelerates our international growth and creates the most comprehensive CEM platform for business , state and local government , and now entire countries . UMS provides Everbridge with a passionate and customerfocused team of experts , differentiated technology , and a shared mission to keep people safe and businesses running during a critical event .”
Overall , this European expansion will only add to Everbridge ’ s capability to deal with any event the world throws at it , and to help its clients do the same . While expanding out of the US and into Europe and the wider world will come with its challenges , such as GDPR compliance and generally making sure customers ’ data is looked after and only used when truly necessary , it is also an opportunity to utilize the latest technology to keep people safe and keep the business world running like clockwork .
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