Market Capitalization (Millions $) |
1,372 |
Shares
Outstanding (Millions) |
182 |
Employees |
1,934 |
Revenues (TTM) (Millions $) |
260 |
Net Income (TTM) (Millions $) |
-38 |
Cash Flow (TTM) (Millions $) |
-12 |
Capital Exp. (TTM) (Millions $) |
3 |
Avepoint Inc
We accomplish this through our Confidence Platform, a software-as-a-service ("SaaS") platform that enables enterprises who utilize M365 and a half-dozen other cloud collaboration platforms. With a scalable, secure, and intelligent architecture, the Confidence Platform (based on "AvePoint Online Services" or "AOS") facilitates the cooperation of 8 million people across seven continents. With a 99.9% uptime, our scalable architecture maintains more than 125 PB of information dispersed over 14 worldwide data centers. Industry certifications like as ISO, SOC2 Type II, and FedRAMP moderate authorisation back up our privacy and security practices. The Confidence Platforms intelligence engine assures ongoing value for clients by maximizing relevant data, giving insights, automating activities, and enabling our Control, Fidelity, and Resilience software packages.
Products in our Control Suite enable IT to deliver collaboration services at scale, with automation and repeatable business templates. Business users are empowered with control over licenses, workspaces, and data owned by their departments. Our Fidelity Suite preserves data integrity as organizations undergo digital transformation projects to streamline the way they work from one collaboration system to the next. The Resilience Suite helps organizations comply with data governance regulations, preserve business records for compliance, and ensure business continuity.
Building on this Confidence Platform, we will be pursuing additional industry and role-based applications in fiscal year 2022 and beyond, including an application that support secure collaboration for companies undergoing mergers and acquisition activities. We will enable our Control, Fidelity, and Resilience Suites to target highly sensitive data-room projects, enabling companies to work with third parties throughout the transitions in their business. The framework established by the Confidence Platform will empower project owners with additional self-service controls, insights, and automation, while preserving compliance records.
With our solutions, organizations have the tools to enable rapid and sustainable adoption of critical applications like Microsoft Teams, which have recently been experiencing record growth in organizations large and small. Systems like M365 can now pass security audits and give teams the control they need to have confidence in their cloud investment. Security teams no longer block progress and pursuit of 'work from anywhere' initiatives. With our solutions, they can have confidence in their ability to monitor, manage and govern the rapid adoption of new cloud services. Finally, organizations can use solutions to save time and money, and can decommission home-grown or point solutions that fail to provide key insights and flexible automation that drive business outcomes. The flexibility, automation, and insights of our solutions enable IT to meet business needs and deliver value.
Our SaaS and data management features across our Control Suite, Fidelity Suite, and Resilience Suite include Data Protection as a Service, Information Security and Compliance, Migration, Records Management and Archiving, Governance, Reporting, Risk Assessment, and Data Analytics. We also provide training, installation, configuration, AvePoint Client Services, and Technical Account Management ('TAM')' in support of our SaaS and data management solutions. We take a cloud-first approach to partner and customer acquisition, as our SaaS platform began to overtake on-premises in terms of platform popularity with the introduction of M365 and advanced collaborative services such as Microsoft Teams. Our SaaS platform offers backup, insights, records management, governance, compliance, and productivity extensions for M365. We continue to build integrated business applications into AOS to better support business users and industry-specific challenges in finance, education, and more. In addition, we have expanded our Confidence Platform series of software solutions beyond the M365 environment into other public cloud spaces, including Salesforce and Google.
Company Address: 525 Washington Blvd, Suite 1400 Jersey City 7310 NJ
Company Phone Number: 793-1111 Stock Exchange / Ticker: NASDAQ AVPT
AVPT is expected to report next financial results on March 30, 2024. |
|
|