Strategic Partnerships Everstream Analytics has recently formed strategic alliances with FreightWaves and SONAR, integrating advanced weather risk analytics into their platform. This highlights a potential opportunity to offer complementary risk management tools or enhance their existing analytics capabilities by providing specialized weather and supply chain risk solutions.
Market Recognition The company has been recognized as a leader in the Gartner Magic Quadrant for Supplier Risk Management Solutions, indicating a strong industry credibility and a growing customer base seeking innovative and trusted supply chain intelligence solutions.
Expanding Service Offerings The launch of their predictive crop risk forecasting and crop prediction solutions demonstrates an interest in diversifying their portfolio to serve food, beverage, chemical, and financial sectors, creating potential cross-selling opportunities for companies in these industries needing supply chain or risk forecasting services.
Recent Client Acquisitions The acquisition of First Solar Inc. shows Everstream’s focus on high-profile clients in the manufacturing and energy sectors, which suggests opportunities to target other large corporations that require multi-tier supply chain visibility and risk mitigation solutions.
Financial Stability and Growth With a revenue between $50 million and $100 million and a recent funding round of $50 million, Everstream Analytics has the financial backing and market traction to scale its solutions, presenting opportunities for upselling or expanding into new industry verticals with targeted enterprise solutions.