AvePoint Adds Governance, Management, Data Protection and Migration Support for Microsoft Power Platform

Rhea-AI Summary

AvePoint (NASDAQ: AVPT) announced enhancements to its Confidence Platform, extending governance and data protection capabilities to Microsoft Power Platform. This integration aims to address the challenges IT leaders face in managing governance, security, and compliance while adopting Power Platform for automation and digital solutions. Key features include full-time protection for critical workspaces, comprehensive management strategies, and seamless data migration capabilities. These developments are expected to empower organizations to increase IT agility and enhance productivity without compromising data integrity.

Positive

• Integration of governance and data protection capabilities for Microsoft Power Platform.
• Full-time protection for Power BI workspaces, Power Apps, and flows, enhancing data security.
• Comprehensive management strategies promoting effective collaboration and sustainable Power Platform adoption.
• Seamless migration capabilities reduce manual processes and improve data management.

Negative

• None.

IT leaders can now reduce sprawl, seamlessly set and manage an environment strategy, and protect business-critical data, apps, and flows – without slowing down Power Platform adoption – with the AvePoint Confidence Platform

JERSEY CITY, N.J., Jan. 10, 2023 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ: AVPT), the most advanced SaaS and data management platform provider, today announced its governance, management, migration, and data protection capabilities now extend to Microsoft Power Platform. While organizations are rapidly adopting Power Platform to automate processes, build digital solutions, analyze data, and create virtual agents, IT leaders struggle to implement strategies for Power Platform that support governance, security, and compliance requirements.

“The Power Platform is an incredibly effective tool for our customers to elevate citizen developers so they can accelerate transformation and solve the business problems that most directly affect them,” said John Peluso, Chief Product Officer. “Today, many organizations cannot effectively manage and protect their environments, apps, flows, and reports which puts them at risk. Our support for Power Platform provides critical data protection, governance, management, and migration capabilities so organizations can safely and securely increase IT agility while modernizing and innovating their day-to-day business processes.”

AvePoint’s support for Power Platform helps organizations:

• Protect critical workspaces, apps, and flows: The full-time protection for Power BI workspaces, Power Apps, and flows provides a backup for accidental data deletion, user error, and ransomware. This ensures that organizations are protected, compliant, and prepared for business continuity when using Power Platform.
• Provide comprehensive management and governance: Built-in access management and risk assessments prompt organizations to take immediate action that will drive effective collaboration and sustainable Power Platform adoption. Automated governance and policies guide citizen developers to best practices and productivity, while IT still maintains proper control over data access and functionality.
• Seamlessly migrate and transform data: The flexibility to migrate apps from an environment within the same tenant or between tenants gives organizations more opportunities to successfully use Power Platform and eliminates manual processes.
  

“After we deployed Power Platform, we didn’t know who was making which apps and flows and for what purposes, which made it hard to audit and enforce certain policies,” said Mike Fettner, Principal Office 365 Engineering, Regeneron. “But since working with AvePoint and utilizing their support for Power Platform, I can now rectify challenges, ensure ownership structures are in the right place, and stay up to date on our governance program, while still letting our citizen developers make changes that elevate the business.”

Power Platform enables business owners to build applications and connect business data without traditional software development knowledge, which results in faster time-to-value. With AvePoint’s support, organizations can now more confidently manage, govern and protect Power Platform.

“AvePoint’s support for Power Platform has helped us empower employees to safely build solutions that will enhance their work,” said Mike Fettner, Principal Office 365 Engineering, Regeneron. “As an organization, this allows us to continue taking smart risks because we know robust governance solutions will put the right guardrails in place, and data protection will ensure none of our data or workflows are lost.”

For more information about how AvePoint enables safe and secure Power Platform use, please visit https://www.avepoint.com/solutions/power-platform and register for the webinar on January 26^th at https://www.avepoint.com/events/webinar/entrust-power-platform-support.

About AvePoint
Collaborate with confidence. AvePoint provides the most advanced platform for SaaS and data management to optimize SaaS operations and secure collaboration. More than 9 million cloud users rely on our solutions. Our SaaS solutions are also available to managed service providers via more than 100 cloud marketplaces, so they can better support and manage their small and mid-sized business customers. Founded in 2001, AvePoint is a five-time Global Microsoft Partner of the Year and headquartered in Jersey City, New Jersey. For more information, visit https://www.avepoint.com.

Disclosure Information
AvePoint uses the https://ir.avepoint.com/ website as a means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD.

Forward Looking Statements
This press release contains certain forward-looking statements within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 and other federal securities laws including statements regarding the future performance of and market opportunities for AvePoint. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: changes in the competitive and regulated industries in which AvePoint operates, variations in operating performance across competitors, changes in laws and regulations affecting AvePoint’s business and changes in AvePoint’s ability to implement business plans, forecasts, and ability to identify and realize additional opportunities, and the risk of downturns in the market and the technology industry. You should carefully consider the foregoing factors and the other risks and uncertainties described in the "Risk Factors" section of AvePoint’s most recent Quarterly Report on Form 10-Q, and in its subsequent filings made to the SEC. Copies of these and other documents filed by AvePoint from time to time are available on the SEC's website, www.sec.gov. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and AvePoint does not assume any obligation and does not intend to update or revise these forward-looking statements after the date of this release, whether as a result of new information, future events, or otherwise, except as required by law. AvePoint does not give any assurance that it will achieve its expectations.

Investor Contact
Jamie Arestia
AvePoint
ir@avepoint.com
(551) 220-5654

Media Contact
Nicole Caci
AvePoint
pr@avepoint.com
(201) 201-8143

FAQ

What recent enhancements did AvePoint introduce for Power Platform on January 10, 2023?

On January 10, 2023, AvePoint announced enhancements to its Confidence Platform that extend governance and data protection capabilities to Microsoft Power Platform, helping organizations manage security and compliance more effectively.

How does AvePoint's platform improve data security for Power Platform users?

AvePoint's platform provides full-time protection for Power BI workspaces, Power Apps, and flows against data deletion and ransomware, ensuring compliance and business continuity.

What are the key benefits of AvePoint's management capabilities for Power Platform?

The management capabilities include access management, risk assessments, and automated governance, which drive effective collaboration while allowing IT to maintain control over data access.

How can organizations migrate data using AvePoint's Confidence Platform?

AvePoint's platform allows the seamless migration of apps within the same tenant or between tenants, which streamlines data management and reduces manual processes.