AvePoint Advances Information Lifecycle Management Capabilities
23 March 2022 - 12:00AM
AvePoint (NASDAQ: AVPT), the most advanced SaaS and data management
platform provider, today announced enhancements to Cloud Records,
its SaaS platform designed to help organizations improve
information lifecycle management and ensure data resilience and
compliance. The updates to Cloud Records give organizations better
control over their electronic and physical records, effectively
managing their content through lifecycle outcomes from creation, to
classification, and retention or disposal, in one centralized SaaS
platform.
“When organizations first moved to the cloud, the promise of
free storage was enticing, and many never created lifecycle
policies for the data they still continue to amass,” said Alyssa
Blackburn, Director of Information Management, AvePoint. “But with
growing storage costs and the myriad regulatory standards
organizations now face, that has become both expensive and risky.
The enhancements we’ve made to Cloud Records automate retention and
disposal rules, and provide swift, safe information access
retrieval, so that organizations can easily meet requirements and
reduce storage overages at the same time.”
To help organizations seamlessly and securely manage the
lifecycle of their information the following updates to Cloud
Records have been made:
- More complex search functionality: AvePoint
introduced advanced search, using metadata to help users quickly
locate records applying Boolean operators and multiple criteria
fields. Saved search profiles for common use cases can be created
and applied to streamline IT processes for typical information
access requests, ultimately boosting productivity.
- Delegated administration: To protect the
integrity of critical data, and in many cases, classified
information, organizations can now configure different admin user
profiles to perform certain actions, controlling who has access to
specific areas of a shared tenant. Taking it one step further,
organizations can add access control to files, classification
schemes, and even devise rules based on user profiles.
- Additional content sources: Organizations can
now manage the lifecycle stages of content across many repositories
like Microsoft 365 - including OneDrive, Teams, Groups and
SharePoint sites, and Exchange – file systems, SharePoint
on-premises, and physical records. Specifically, AvePoint enhanced
its physical records module to account for highly complex physical
records management systems that require customization.
Today, AvePoint helps securely streamline the information
lifecycle management for hundreds of organizations, many of which
are in regulated industries, like the IRS, Cancer Council, Airways
New Zealand, and the Australian Transport Safety Bureau, who chose
to sponsor AvePoint’s IRAP Assessment in Australia.
“In the past year, we’ve been able to work with AvePoint to
modernize and automate the management of critical records, while
abiding by the Australian government’s requirements,” said Angelo
Santosuosso, Records Manager, Australian Transport Safety Bureau.
“AvePoint’s recent updates to the Cloud Records interface and
dashboards have made it even more intuitive and efficient for us to
navigate.”
Committed to securing customer data, and backed by AvePoint’s
powerful security and governance framework, Cloud Records is
FedRAMP (moderate) authorized, IRAP assessed, and VERS and NARA
compliant. Cloud Records is also available for channel partners to
help their customers reduce risks associated with information
over-retention, minimize premature deletion, and meet various
requirements with a secure, and automated information management
system.
For more information on AvePoint Cloud Records, please visit
https://www.avepoint.com/products/cloud/records.
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.
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 or otherwise, including with respect
to AvePoint’s Cloud Records offerings and AvePoint’s ongoing
commitments to the highest standards of data security and privacy.
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 most recent
Quarterly Report on Form 10-Q and its 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 CaciAvePointpr@avepoint.com
201-201-8143
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