ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Smartsheet Invests in Australia-based Data Hosting to Better Serve Global Customer Base

The enterprise work management leader’s newest regional deployment will provide customers the ability to host their data onshore in Australia, continuing to evolve Smartsheet's global reach

Smartsheet (NYSE: SMAR), the enterprise work management platform, announced its newest Smartsheet Region in Australia, strengthening the company’s commitment to better serve its growing list of Asia-Pacific-Japan (APJ) customers, such as Fox Sports Australia, University of Adelaide, Western Australian Mental Health Commission, and Wine Australia. Smartsheet Regions are instances of Smartsheet located in geographic areas around the world that enable customers to comply with data residency requirements, giving organizations the flexibility to pick where they want their content to be hosted and processed.

The Smartsheet Region in Australia will serve new and existing customers across APJ and will operate in multiple locations to provide redundancy, allowing for enterprise-grade availability and scale. Other Smartsheet Regions include the EU, U.S., and FedGov, which supports Smartsheet Gov customers.

“Our rapid customer growth across APJ, which includes our recent expansion into Japan, has been the catalyst for today’s announcement of our newest Smartsheet Region in Australia,” said Nigel Mendonca, vice president and GM, APJ. “We’re thrilled about what this means for our customers in Australia, as well as our APJ and global customers that have significant operations in this part of the world.”

Smartsheet supports compliance frameworks across a number of regulated industries and regulatory standards, including ISO, FedRAMP, HIPAA, DOD IL4, ITAR, and more. The company will be pursuing Infosec Registered Assessors Program (IRAP) certification for the APJ region, ensuring that it will have the right policies and security controls to meet Australian Government Information Security Manual requirements. This, paired with the platform’s best-in-class, enterprise-grade security and governance measures, allows Smartsheet to serve a growing customer base, including organizations and agencies with the most demanding governance and regulatory requirements.

“We are incredibly excited by this news, Atturra has always maintained a strong sovereign presence and capability of delivering strategic projects across local, state, and federal government bodies,” said Iain Elliott, chief technology officer, Atturra, Smartsheet Platinum Partner. “The new regional deployment presents a massive opportunity to take our award-winning Smartsheet services and solutions to all our clients that have regulatory requirements to ensure their data is onshore, secure, and compliant.”

Build out of the Smartsheet Region in Australia will begin in 2024. For more information, visit the Smartsheet Trust Center.

About Smartsheet

Smartsheet (NYSE: SMAR) is the enterprise work management platform. The foundation for managing projects, programs, and processes for millions of global customers, Smartsheet empowers everyone to work better, at scale. Visit www.smartsheet.com to learn more.

Forward-Looking Statements

This press release contains “forward-looking” statements that are based on our management’s beliefs and assumptions and on information currently available to management. Forward-looking statements include, but are not limited to, statements about Smartsheet’s expectations regarding possible or assumed business strategies, potential growth and innovation opportunities, new products, and potential market opportunities.

Forward-looking statements generally relate to future events or our future financial or operating performance. Forward-looking statements include all statements that are not historical facts and can be identified by terms such as “believe,” “continue,” “could,” “potential,” “remain,” “will,” “would” or similar expressions and the negatives of those terms. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These risks include, but are not limited to, risks and uncertainties related to: our ability to achieve future growth and sustain our growth rate, our ability to attract and retain talent, our ability to attract and retain customers (including government customers) and increase sales to our customers, our ability to develop and release new products and services and to scale our platform, our ability to increase adoption of our platform through our self-service model, our ability to maintain and grow our relationships with channel and strategic partners, the highly competitive and rapidly evolving market in which we participate, our ability to identify targets for, execute on, or realize the benefits of, potential acquisitions, and our international expansion strategies. Further information on risks that could cause actual results to differ materially from forecasted results is included in our filings with the U.S. Securities and Exchange Commission (SEC), including our Quarterly Report on Form 10-Q for the fiscal quarter ended July 31, 2023 filed with the SEC on September 8, 2023. Any forward-looking statements contained in this press release are based on assumptions that we believe to be reasonable as of this date. Except as required by law, we assume no obligation to update these forward-looking statements, or to update the reasons if actual results differ materially from those anticipated in the forward-looking statements.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.