Latest news with #AvePoint
CNBC
2 days ago
- Business
- CNBC
A stock you likely never heard of set to ride the AI 'tidal wave,' according to Jefferies
AvePoint could be well positioned to "ride the AI wave," according to Jefferies. Jefferies initiated coverage of the data management software stock with a buy rating and a $22 per share price target, which is about 17% above Friday's $18.79 close. Analyst Joseph Gallo said that AvePoint has solidified its position as an "industry standard" in the data protection software sector and could benefit from greater consolidation as artificial intelligence adoption spreads. AVPT YTD mountain AvePoint stock in 2025. "AVPT has impressively cemented itself as a data protection platform for the changing enterprise data estate," Gallo wrote on Sunday. "AI is making data estates more complex & AVPT's unified suite of data solutions enables businesses' mission-critical operations in light of the AI tidal wave." Gallo's base case envisions the company will make progress turning a profit on a GAAP basis and grow revenue by 20% or more in 2025 and 2026. "AvePoint should be a beneficiary of consolidating data management spend via its platform as enterprise and SMB customers struggle to manage their data sprawl in the wake of AI implementation," the analyst added. Shares have gained nearly 14% in 2025.
Yahoo
15-07-2025
- Business
- Yahoo
AvePoint to Announce Second Quarter 2025 Financial Results on August 7
JERSEY CITY, N.J., July 15, 2025 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ: AVPT), the global leader in data security, governance, and resilience, will report its second quarter 2025 financial results after the US financial markets close on Thursday, August 7, 2025. The Company will host a conference call at 4:30pm ET on Thursday, August 7, 2025. CEO and Co-Founder Dr. Tianyi Jiang (TJ) and CFO Jim Caci will provide an overview of Q2 2025 results, discuss current business trends, and conduct a question-and-answer session. You may access the call and register with a live operator by dialing 1 (833) 816-1428 for US participants and 1 (412) 317-0520 for outside the US. The passcode for the call is 0727391. A live webcast will be available on AvePoint's Investor Relations website. A replay of the webcast will be available for approximately 90 calendar days. About AvePoint Beyond Secure. AvePoint is the global leader in data security, governance, and resilience, going beyond traditional solutions to ensure a robust data foundation and enable organizations everywhere to collaborate with confidence. Over 25,000 customers worldwide rely on the AvePoint Confidence Platform to prepare, secure, and optimize their critical data across Microsoft, Google, Salesforce, and other collaboration environments. AvePoint's global channel partner program includes approximately 5,000 managed service providers, value-added resellers, and systems integrators, with our solutions available in more than 100 cloud marketplaces. To learn more, visit 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 the future performance of and market opportunities for AvePoint. These forward-looking statements generally are identified by the words 'believe,' 'project,' 'expect,' 'anticipate,' 'estimate,' 'intend,' 'strategy,' 'future,' 'opportunity,' 'plan,' 'may,' 'should,' 'will,' 'would,' 'will be,' 'will continue,' 'will likely result,' and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: changes in the competitive and regulated industries in which AvePoint operates, variations in operating performance across competitors, changes in laws and regulations affecting AvePoint's business and changes in AvePoint's ability to implement business plans, forecasts, and ability to identify and realize additional opportunities, and the risk of downturns in the market 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 Annual Report on Form 10-K and Quarterly Report on Form 10-Q. Copies of these 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 put undue reliance on forward-looking statements, and AvePoint does not assume any obligation and does not intend to update or revise these 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 give any assurance that it will achieve its expectations. Unless the context otherwise indicates, references in this press release to the terms 'AvePoint,' 'the Company,' 'we,' 'our' and 'us' refer to AvePoint, Inc. and its subsidiaries. Disclosure Information AvePoint uses the website as a means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD. Investor ContactAvePointJamie Arestiair@ 220-5654 Media ContactAvePointNicole Cacipr@ (201) 201-8143
Business Post
05-07-2025
- Business
- Business Post
Building resilience in the age of AI
Since going mainstream less than three years ago, artificial intelligence (AI) has already proven a valuable tool. Unfortunately, it has been valuable not only to businesses, but also to cyber criminals. Consequently, the cybersecurity landscape has undergone a seismic shift as traditional approaches are no longer sufficient. This means change is needed, said Dana Simberkoff, AvePoint's chief risk, privacy, and information security officer. 'AI-driven cyberattacks require a proactive and data-centric defence, moving beyond traditional perimeter security,' Simberkoff said. This fundamental change in approach reflects the reality that sophisticated, AI-powered threats can exploit vulnerabilities at unprecedented speed and scale. Meanwhile, the widespread adoption of hybrid work models has dramatically expanded attack surfaces, creating new challenges that demand innovative solutions. 'The AvePoint Confidence Platform builds cyber resilience by understanding and fortifying data, mitigating risks within your digital workspace before they become breaches,' Simberkoff said. The key to this transformation lies in gaining deep insights into organisational data. Rather than focusing solely on network boundaries, modern cyber defence must centre on understanding data's fundamental characteristics. 'We provide deep insights into user activities and configurations, applying automated policies and intelligent data classification to prevent AI from exploiting vulnerabilities and ensure good cyber hygiene against insider risks,' she said. This data-centric approach addresses a critical gap that many organisations face: data governance can be a real struggle due to a lack of practical integration and understanding of that data. The solution involves a fundamental shift in methodology, Simberkoff said: 'AvePoint bridges these gaps by shifting to data-driven governance, automating discovery, mapping, and classification of information.' A crucial element of this new paradigm is embedding security considerations from the outset. 'We integrate security and privacy by design, helping organisations create policies and IT controls that make it easier for end-users to do the right thing with data.' Such an active stance moves beyond reactive security measures to create an environment where good security practices become inherent rather than imposed. Addressing modern workplace challenges The hybrid work revolution has fundamentally altered the security equation. Simberkoff identifies the core challenge as being that hybrid work expands attack surfaces, with sensitive data accessed from various networks and devices. Such a distributed environment requires a comprehensive approach that provides continuous visibility and control. The solution involves implementing granular oversight capabilities. 'Our platform provides comprehensive visibility into your digital footprint, enabling granular access control and continuous monitoring of permissions and data,' Simberkoff said. This visibility is coupled with automated response mechanisms: 'We apply automated policies to roll back unauthorised changes and address the human element by fostering a culture where security is a shared responsibility.' The emphasis on shared responsibility reflects a broader understanding that technology alone cannot solve modern security challenges. The human element remains paramount, requiring organisations to cultivate a culture where every employee understands their role in maintaining security. AI-driven cyberattacks require a proactive and data-centric defence Artificial intelligence adoption presents both opportunities and challenges for organisations. 'Accelerating AI adoption securely means a proactive, layered approach prioritising data security and governance from the start,' Simberkoff said. This recognises that AI tools are only as secure and reliable as the data they process. 'We help clients build a strong data foundation, assessing and securing their digital workspace to ensure AI tools safely leverage clean data,' Simberkoff said. 'Automated policies continuously monitor for configuration drift, coupled with clear AI-acceptable use policies, demonstrate that secure AI adoption is achievable." The regulatory landscape adds another layer of complexity, with evolving requirements, such as DORA and NIS2, demanding integrated solutions. The response involves centralised risk management: 'The AvePoint Confidence Platform offers centralised risk management, automated data classification, and real-time policy enforcement across your digital estate.' This comprehensive approach extends to incident management and audit capabilities: 'This enables efficient incident management, provides essential audit trails, including continuous data protection with multi-SaaS cloud backup which helps organisations prove conformance to meet specific legal obligations,' Simberkoff said. The path forward requires organisations to embrace a holistic strategy that combines technological solutions with cultural change. By understanding and fortifying data at its core, organisations can move from reactive defence to proactive resilience, ensuring business continuity while maintaining stakeholder trust in an increasingly interconnected and data-driven world.
Techday NZ
26-06-2025
- Business
- Techday NZ
AvePoint launches new command centres to boost cloud resilience
AvePoint has announced a set of updates to the AvePoint Confidence Platform, including the introduction of new command centres and expanded security capabilities for agentic AI deployments. The recent enhancements to the platform consist of the launch of the Optimization and ROI Command Center as well as the Resilience Command Center. These additions are designed to provide organisations with centralised oversight to drive cost savings, manage data resilience, and support governance as more enterprises adopt multi-cloud strategies and artificial intelligence technologies. Drive for operational efficiency A key feature of the new command centres is their aim to help organisations manage operational pressures more effectively. The Optimization and ROI Command Center offers a consolidated view intended to uncover cost-saving opportunities throughout the data landscape, including integrated license management, information lifecycle management, and strategies to consolidate and optimise cloud storage. According to the company, research shows that 92% of organisations are planning to implement cost reduction measures by decommissioning unnecessary infrastructure, reviewing vendor agreements, and leveraging automation. The platform's new command centre aims to address these goals directly by providing actionable insights in a single interface. John Hodges, Chief Product Officer at AvePoint, said: "These updates represent our holistic approach to the challenges defining the modern data landscape. Whether organisations are looking to optimise costs, scale AI safely, or govern data across multiple clouds, the AvePoint Confidence Platform provides the unified intelligence and control they need to transform operational pressure into strategic advantage." Data resilience in a multi-cloud world The Resilience Command Center is focused on supporting organisations as they adopt increasingly complex, multi-cloud environments. With 89% of enterprises using multi-cloud strategies to limit vendor lock-in and improve operational resilience, AvePoint's new feature is intended to give comprehensive oversight into data resilience across these diverse setups. This command centre provides monitoring and insights for Microsoft 365 services, including tracking storage consumption, overseeing backups, and making recommendations for cost and protection optimisations. The tool's capabilities are set to expand to cover additional platforms such as Salesforce and Google Workspace in 2025. Enhancing agentic AI security AvePoint has also introduced expanded AI management within its platform, reflecting the increased adoption of agentic AI across enterprise software. According to Gartner, it is predicted that by 2028, agentic AI will be present in 33% of enterprise applications, compared to less than 1% in 2024. This growth anticipates 15% of day-to-day business decisions to be made autonomously. Recognising that every AI agent deployment becomes a new endpoint requiring oversight, the platform updates include enhanced governance tools for Microsoft Copilot agents, scalable security deployment across AI rollouts, expanded prompt monitoring, and detailed recommendations for reporting and management. Hodges remarked that the platform's aim is to unite risk and resilience management, cost optimisation, and governance of artificial intelligence in a single ecosystem. This, the company states, enables organisations to maintain control over increasingly complex data operations. Strategic direction for the Confidence Platform The new features are part of AvePoint's intention to provide centralised control and intelligence across data, cloud environments, and AI agents. According to AvePoint, its Confidence Platform is used by more than 25,000 customers globally within Microsoft, Google, and Salesforce collaboration environments, supported by a worldwide network of managed service providers, resellers, and integrators. The company's expansion of its command centres and AI capabilities is positioned in response to changing data management challenges, driven by the growth of multi-cloud usage and the rapid emergence of agentic AI within enterprise IT environments.
Business Insider
02-06-2025
- Business
- Business Insider
Analysts Offer Insights on Technology Companies: PagerDuty (PD) and AvePoint (AVPT)
Companies in the Technology sector have received a lot of coverage today as analysts weigh in on PagerDuty (PD – Research Report) and AvePoint (AVPT – Research Report). Confident Investing Starts Here: PagerDuty (PD) Monness analyst Brian White maintained a Hold rating on PagerDuty on May 30. The company's shares closed last Friday at $14.26. According to White is a top 100 analyst with an average return of 17.7% and a 67.1% success rate. White covers the Technology sector, focusing on stocks such as Salesforce, Snowflake, and MongoDB. Currently, the analyst consensus on PagerDuty is a Hold with an average price target of $18.70, implying a 24.8% upside from current levels. In a report issued on May 21, TD Cowen also maintained a Hold rating on the stock with a $18.00 price target. AvePoint (AVPT) The company's shares closed last Friday at $18.65, close to its 52-week high of $19.90. According to Wood is a 5-star analyst with an average return of 15.0% and a 62.4% success rate. Wood covers the Technology sector, focusing on stocks such as Onestream, Inc. Class A, Klaviyo, Inc. Class A, and Rimini Street. Currently, the analyst consensus on AvePoint is a Strong Buy with an average price target of $21.00.
