AvePoint (NASDAQ: AVPT), the most advanced SaaS and data management
platform provider, today was named a Leader in The Forrester New
Wave™: SaaS Application Data Protection, Q4 2021. AvePoint received
the highest current offering score of all 10 vendors for Cloud
Backup and was the only vendor to receive a differentiated rating,
the highest possible score, in all three criteria of Microsoft 365,
Google Workspace and Salesforce. In addition, AvePoint received
differentiated ratings in security and privacy, usability, storage
options, planned enhancement, and innovation roadmap criteria.
According to Forrester, there is an “ever-growing catalogue of
SaaS applications that businesses are using,” which requires a
sophisticated SaaS Application Data Protection (SADP) strategy.
Today, AvePoint Cloud Backup supports Microsoft 365, Dynamics 365,
Google Workspace, and Salesforce, which was introduced this year as
part of AvePoint’s multi-cloud expansion and commitment to data
protection.
After evaluating the core SADP offering and platform support
breadth of ten vendors, Forrester states that “AvePoint offers
strong Google Workspace, Microsoft 365, and Salesforce backup
capabilities, and stands out with support for advanced user
filtering, differentiated retention policies, data residency
requirements, flexible storage arrangements, and features like
chatbots in Teams.” Further, the Forrester report states that
“AvePoint is the best fit for companies that need core SaaS
application data protection and global support.”
“We believe the results of Forrester’s report, especially since
it is the first of its kind, confirm there is a massive, emerging
need to protect SaaS data,” said Dr. Tianyi Jiang (TJ), CEO and
Co-Founder, AvePoint. “The results, in our opinion, also validate
our confidence that AvePoint has the infrastructure and technical
capabilities to be a vital partner in multi-SaaS backup for today’s
businesses. As the only vendor to receive a differentiated rating
in all three criteria of Microsoft, Google Workspace and
Salesforce, we believe the research Forrester presents is
indicative of our investments in multi-SaaS capabilities that will
continue to complement our strong roots in the Microsoft
ecosystem.”
AvePoint Cloud Backup provides customers with unlimited
restores, full fidelity backup four times per day and sophisticated
retention features to prevent data loss, recover from permission
issues, or even ransomware. According to the report, AvePoint was
the only vendor to receive differentiated ratings in all three
criteria of Microsoft 365, Google Workspace and Salesforce backup
capabilities, and the security and privacy criterion. AvePoint
offers products with authority to operate under FedRAMP and is an
ISO and SOC 2 Type II certified vendor. Security is paramount in
building all AvePoint SaaS offerings, which protect hundreds of
petabytes of data.
As the report references, AvePoint Cloud Backup is
differentiated for its usability, which includes virtual assistant
AVA, a bot that restores lost or deleted content for end-users, and
storage options, where customers have the choice of hosted or
bring-your-own storage. It is available for direct customers across
14 global data centers, MSPs to provide backup services to their
customers, and can be found within over 100 cloud marketplaces
worldwide.
The Forrester New Wave™: SaaS Application Data Protection, Q4
2021 evaluated ten vendors across ten criteria in the independent
research firm’s inaugural report dedicated solely to backup for
SaaS applications.
To learn more about AvePoint Cloud Backup and download the
complimentary Forrester New Wave™: SaaS Application Data
Protection, Q4 2021 Report, please visit
https://www.avepoint.com/products/cloud/backup/2021-forrester-new-wave-saas-appliation-data-protection.
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 8 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.
Forward-Looking Statements
This press release contains statements that may constitute
“forward-looking statements” within the meaning of the “safe
harbor” provisions of the United States Private Securities
Litigation Reform Act of 1995, including with respect to AvePoint’s
multi-SaaS backup capabilities. Forward-looking statements may be
identified by the use of words such as “estimate,” “plan,”
“project,” “forecast,” “intend,” “will,” “expect,” “anticipate,”
“believe,” “seek,” “target,” “continue,” “could,” “may,” “might,”
“possible,” “potential,” “predict” or other similar expressions
that predict or indicate future events or trends or that are not
statements of historical facts. These forward-looking statements
are, by their nature, subject to significant risks and
uncertainties and are based on the beliefs of AvePoint’s management
as well as assumptions made by and information currently available
to AvePoint’s management. Forward-looking statements are subject to
numerous conditions, many of which are beyond the control of
AvePoint including those set forth in the Risk Factors section of
AvePoint 's registration statement on Form S-1 and related
prospectus and prospectus supplements filed with 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. AvePoint undertakes no
obligation to update these statements for revisions or changes
after the date of this release, except as required by law.
Media ContactNicole CaciAvePoint,
Inc.Nicole.caci@avepoint.com 201-201-8143
AvePoint (NASDAQ:AVPT)
Historical Stock Chart
From Mar 2024 to Apr 2024
AvePoint (NASDAQ:AVPT)
Historical Stock Chart
From Apr 2023 to Apr 2024