Welcome to our dedicated page for AvePoint news (Ticker: AVPT), a resource for investors and traders seeking the latest updates and insights on AvePoint stock.
AvePoint, Inc. (NASDAQ: AVPT) stands as a leader in enabling enterprise collaboration across multiple platforms and devices. Founded in 2001 and headquartered in Jersey City, NJ, AvePoint excels in assisting enterprises in their digitization journey, allowing information workers to collaborate confidently. The company's unique solutions centralize access and control of information assets in various collaboration and document management systems, both on-premises and in the cloud.
AvePoint's services cater to business, IT, compliance, and risk officers to achieve critical business objectives like big data management, cloud integration, compliance, enterprise content management, and mobile data access monitoring. With a presence in over 14,000 organizations across five continents, including 3 million Office 365 users, AvePoint is pivotal in industries such as energy, utilities, financial services, healthcare, pharmaceuticals, and the public sector.
One of AvePoint’s standout offerings is its Confidence Platform, delivering a comprehensive set of cloud-based solutions that enable IT operations, development operations, and cybersecurity professionals to monitor and secure digital workplaces using SaaS tools. Their recent advancements include the AvePoint Cloud Backup Express, which offers secure data protection for Microsoft OneDrive, SharePoint, and Exchange at enhanced speeds within the Microsoft 365 security boundary.
AvePoint is continually innovating, as seen with its next-generation AvePoint Confide powered by SharePoint Embedded, which ensures secure collaboration beyond the firewall while integrating seamlessly with Microsoft 365 tools. The company’s robust cyber resilience strategy is evidenced by multiple accreditations, including HITRUST CSF v11.0.1 and FedRAMP (moderate) Authorization for several products, validating its commitment to safeguarding sensitive data, especially in regulated industries like healthcare and the public sector.
Having recently reported strong financial results for Q4 2023 and Q1 2024, with notable growth in revenue and non-GAAP operating income, AvePoint is well-positioned to leverage its platform for ongoing success. The company continues to push the envelope in data management and governance, further underscored by collaborations with major partners like Microsoft.
For more information, visit www.avepoint.com.
AvePoint (NASDAQ: AVPT) has announced a rebranding of its SaaS learning product line to MaivenPoint as part of a broader effort to enhance digital education experiences. The rebranding aims to reflect a shift towards user-driven learning in response to changes in how people learn. MaivenPoint offers four main product suites: Curricula Learning Management, Examena Exams Management, Vitae Student and Alumni Management, and eTeams Training Management. Key acquisitions include Combined Knowledge Ltd and i-Access, furthering AvePoint's mission in the educational sector.
AvePoint (NASDAQ: AVPT) will report its financial results for Q2 2022 on August 11, 2022, after market close. A conference call hosted by CEO Dr. Tianyi Jiang and CFO Jim Caci will follow at 4:30 PM ET to discuss the results and current business trends. Investors can register for the call by dialing 1 (844) 826 3035 or 1 (412) 317 5195 for international participants, using conference ID 10169265. A live webcast will also be available on the Investor Relations section of AvePoint’s website.
AvePoint Japan has won the Global Independent Software Vendor (ISV) Award at the Microsoft Japan Partner of the Year 2022 event, marking its first award in this regional program. This accolade recognizes AvePoint's strong collaboration with Microsoft to facilitate cloud migration for various sectors, including government and manufacturing. The award highlights AvePoint's effective solutions in data migration, governance, and backup for Microsoft 365, reinforcing its commitment to digital transformation in Japan.
AvePoint announces key leadership changes to drive growth. Thomas Lin has been appointed as Chief Revenue Officer, previously serving as the company's first sales executive. He emphasizes building strong global sales teams and enhancing customer success. Stuart Robertson takes on the role of Chief Operating Officer, focusing on leadership development and operational efficiency. These moves are designed to capitalize on growth opportunities as the company evolves as a public entity.
AvePoint has appointed Heather Murray as Chief Channel Officer and Angela Choo as VP of Channel, Asia, reinforcing its global channel strategy. Murray, with over 30 years of experience, aims to enhance partnerships and distribution networks. Choo brings 20 years of expertise in the APAC region, focusing on leveraging digital transformation opportunities. The company also launched its Certified AvePoint Professional Services (CAPS) program, enhancing partner training, with over 3,500 partners engaged. These strategic hires and initiatives signal AvePoint's commitment to expanding its market presence.
AvePoint has joined the Russell 3000®, Russell 2000®, and Russell Microcap® indexes, providing enhanced visibility and engagement within the institutional investor community. This inclusion follows nearly a year after its listing on Nasdaq. The Russell indexes encompass the largest US stocks and are significant benchmarks for investment strategies, with approximately $12 trillion in assets linked to them. The company aims to leverage this recognition to further its mission in SaaS and data management.
AvePoint (NASDAQ: AVPT) has enhanced its Cloud Backup solution by adding data recovery capabilities for Microsoft Azure, bolstering its commitment to risk mitigation and productivity. This new feature allows for periodic backups of business-critical applications every six hours, and secure multi-cloud storage options. The solution now supports granular recovery options, ensuring quick access to data. Recognized with notable industry accolades, AvePoint aims to help organizations protect data efficiently amid increasing cyber threats.
AvePoint (NASDAQ: AVPT) announced the launch of four new solutions on Microsoft AppSource, enhancing its commitment to assist businesses in managing their Microsoft investments. The new products include AvePoint Entrust, Cloud Governance, Insights, and Cloud Backup. These tools aim to streamline operations, enhance security, and support faster implementation, thereby delivering significant time and resource savings for businesses.
FAQ
What is the current stock price of AvePoint (AVPT)?
What is the market cap of AvePoint (AVPT)?
What does AvePoint, Inc. do?
Where is AvePoint headquartered?
What is the AvePoint Confidence Platform?
How many organizations use AvePoint's services?
What recent advancements has AvePoint introduced?
Which industries does AvePoint focus on?
What certifications has AvePoint obtained?
How does AvePoint help with AI implementation?
What are some of AvePoint's key partnerships?
Where can I find more information about AvePoint?
