Evergent, a privately owned US-based company founded in 2007, offers video business systems focusing on revenue and customer management solutions. As of 2023, the company employs approximately 460 people and reported revenues of around $25 million.
A Caretta Research report indicated that over 80% of media technology buyers prioritize AI investments, focusing on automation, personalization, and predictive analytics. Large language models (LLMs), similar to OpenAI's ChatGPT, are impacting subscription and retention management. The direct-to-consumer (D2C) live sports streaming market requires managing technology, scalability, and user expectations to meet the demands of large global audiences. Strategies for sustainable growth in the rapidly expanding Middle East and APAC streaming markets are being explored. The sports industry faces competition from social media, TikTok, gaming, and other entertainment options for audience attention.
Evergent offers 4 products in the media tech industry. Evergent's product portfolio comprises of video business systems.
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Evergent's revenues were less than $50M in 2023. Caretta Research has split Evergent's revenue into 2 different product categories, the largest of which is user lifecycle management (ULM) and billing. For full access to Evergent's revenue breakdown subscribe to Caretta Portal.
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Evergent's customers primarily consist of spectator Sports and pay TV services companies. Examples of Evergent's customers include National Basketball Association (NBA), OSN and e&. Evergent has commercial and technical partners like To The New, MBC Group and Astro Malaysia Holdings.
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