AvePoint adds Microsoft Azure – GuruFocus.com

JERSEY CITY, NJ, June 15, 2022 (GLOBE NEWSWIRE) — AvePoint (AVPT), ​​the most advanced SaaS platform and data management provider, today announced the addition of data recovery capabilities for Microsoft Azure. Now, AvePoint’s leading Cloud Backup solution extends protection to Microsoft Azure workloads to help businesses collaborate with confidence across their Microsoft deployments.

As more businesses rely on Microsoft Azure, which currently captures more than 20% of all public cloud spending, it is imperative that they properly protect all stored data. AvePoint Cloud Backup complements Microsoft’s native backup, enabling businesses to fully meet their compliance, productivity, and business continuity requirements.

Adding Microsoft Azure Backup as part of Cloud Backup includes:

  • Periodic full and incremental backup: To minimize the risk of data loss, critical business applications and data are backed up every six hours or up to four times a day.
  • Cloud-to-cloud backup: Taking into account multi-cloud needs and preferences, customers have the option of storing their data securely in AvePoint’s Azure storage or in a private cloud.
  • Point in time and granular level restore: Providing a seamless experience for customers, AvePoint provides time-based or object-based restores, which can be scaled to backup scope, in minutes instead of days.
  • Full Loyalty Recovery: To simplify the restore process and maintain business continuity, specific users, groups, group memberships, and applications remain intact.

“The need for a disaster recovery plan that spans multiple clouds and workloads has unfortunately become very clear with the increase in data breaches and ransomware attacks over the past few years,” said John Peluso, Director of products, AvePoint. “With the addition of Microsoft Azure Backup, we are now ensuring that wherever critical business data resides, it is backed up frequently and can be quickly accessed and restored, this way organizations reduce their overall risk and increase their productivity.

Today, AvePoint’s SaaS solution for multi-cloud backup offers functionality for Microsoft 365, Google Workspace, Salesforce, Dynamics 365 and now Microsoft Azure, which includes Virtual Machines (VMs), Active Directory (AD) and storage. To bolster its already robust capabilities, AvePoint recently introduced Ransomware Detection, which proactively detects suspicious behavior in Microsoft OneDrive and, if necessary, restores all data or specific data for Cloud Backup customers.

“Even though most data deletions in the cloud are accidental, these emergencies can have a serious impact on our customers and their businesses,” Thomas Turner, director of Microsoft security and compliance, RSM. “Now, with AvePoint’s backup and governance capability for Microsoft 365 workloads, RSM can quickly restore data and help align our customers’ internal policies and regulatory requirements.

Cloud Backup continues to gain industry recognition, including:

For more information on Cloud Backup and its new Microsoft Azure features, please visit https://www.avepoint.com/products/cloud/backup/azure-backup.

*Gartner, “Market Guide for Backup as a Service», Nik Simpson, Jason Donham, May 24, 2022. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the United States and internationally and is used herein with permission. All rights reserved.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

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 trust our solutions. Our SaaS solutions are also available to managed service providers through more than 100 cloud marketplaces, so they can better support and manage their small and medium business customers. Founded in 2001, AvePoint was five-time Microsoft Global Partner of the Year and is headquartered in Jersey City, New Jersey. For more information, visit https://www.avepoint.com.

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 future performance and market opportunities for AvePoint. These forward-looking statements are generally identified by the words “believe”, “project”, “expect”, “anticipate”, “estimate”, “intend”, “strategy”, “future”, “opportunity “, “plan,” “may,” “should,” “will,” “would,” “will,” “continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions, projections and “other statements regarding future events that are based on current expectations and assumptions and, therefore, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements contained in this press release, including, but not limited to: changes in the competitive and regulated industries in which AvePoint operates, variations in operating performance between competitors, changes in laws and regulations affecting AvePoint’s business and changes in AvePoint’s ability to implement business plans, forecasts and its ability to identify and realize additional opportunities, as well as the risk of a market downturn 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, its registration statement on Form S-1 and the prospectuses and related prospectus supplements, and in its subsequent filings with the SEC. Copies of these documents and other documents filed by AvePoint from time to time are available on the SEC’s website. 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 place undue reliance on any forward-looking statements, and AvePoint undertakes no obligation and does not intend to update or revise any such 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 guarantee that it will meet its expectations.

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