Association of Event Venues Announces Partnership with Momentus Technologies
April 21, 2023
The Association of Event Venues (AEV) unveiled a new technology partnership with Momentus Technologies, formerly Ungerboeck, for 2023. Under the alliance, Momentus, a global leader in venue and event management software, will have the ability to participate in working group meetings, in particular the cross-association Technology working group, and AEV Event Managers and Finance groups. The agreement also includes sponsorship of the AEV Annual Conference.
Momentus will provide members with the opportunity to give feedback to help the company improve upon and grow its event management products. As Ungerboeck, Momentus has been a long-standing supporter of the AEV, having sponsored its annual conference and icebreaker in recent years.
“We are delighted to be working with AEV and excited by the technology partnership this presents for the U.K. and international event industry,” said Steve Mackenzie, chief innovation officer, Momentus. “Momentus’ commitment to listening to our customers and advancing our venue and event management software capabilities align with the AEV’s philosophy of unifying the voice of its members and helping them thrive in the future.”
Rachel Parker, director, AEV, expressed the organization’s pleasure in welcoming Momentus as its new technology partner.
“Many of our members use their event management products, and their expertise and evolving functionality reflects our industry’s ever-changing needs,” Parker said.
Recent Rebrand
Ungerboeck rebranded in early 2023 as Momentus, a new identity designed to unify the company’s vertical-specific software under one brand to deliver end-to-end solutions for the changing needs of the industry.
As people return to in-person events, producing positive, impactful experiences both physically and virtually has taken on greater importance,” according to Alex Alexandrov, CEO, Momentus.
“As the organization continues to look ahead, creating a strong unifying brand is essential to our employees and to providing our customers the world’s best solutions to give venues the power to produce extraordinary moments,” Alexandrov said of the new identity.
Momentus’ new name and branding is designed to harken back to Ungerboeck’s legacy, while also evoking huge, impactful occasions and events. The change represents a new phase for the company, bringing a renewed energy and passion for the venue and events industry while maintaining and growing its customer-centric mission.
As Momentus, the company is expanding to new use cases and providing more comprehensive, purpose-built solutions for a wide range of customers, including convention and exhibition centers, corporate clients, stadiums and arenas, and arts and culture centers. With Momentus, customers now gain a full breadth of intelligent data-driven solutions built on a powerful intuitive platform that provides a view of past, present and future event operations to increase end-to-end visibility, optimize efficiency and achieve business goals.
Originally founded in 1985 as Ungerboeck, Momentus has more than 50,000 users in more than 50 countries.
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Partner Voices
MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.
Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.
Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.
The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.
MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.
MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.
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