JERSEY CITY, N.J., April 22, 2025 (GLOBE NEWSWIRE) -- AvePoint (NASDAQ: AVPT), the global leader in data security, governance and resilience, today announced new capabilities available in the AvePoint Elements Platform, empowering managed service providers (MSPs) to simplify user lifecycle management and unify device management across tenants with security and scale. Additional capabilities underscore AvePoint’s continued investment into its channel business, building upon the completed acquisition of Ydentic in January 2025 and release of the next-generation Elements platform in February 2025.

The managed security services market is expected to grow to $56.6 billion by 2027, with over 80% of MSPs currently offering managed detection and response services and virtually all planning to add these services to their portfolio. In partnership with AvePoint, MSPs can secure client data and build additional service offerings to tap into this rapidly expanding market opportunity.  

“As technology advances and security challenges intensify, MSPs face increasing pressure to scale operations, enhance security, and unlock new revenue streams,” said Scott Sacket, Senior Vice President of Partner Strategy, AvePoint. “The newest additions to the AvePoint Elements Platform give MSPs and channel partners the edge they need to drive business growth and augment their service offerings – by securing, managing, and protecting clients’ critical business data.”

Two new management capabilities are generally available today in the AvePoint Elements Platform:

• Simple, Secure User Lifecycle Management: The new User Lifecycle Management capabilities within the AvePoint Elements Platform address the complexities MSPs face in onboarding, security, and governance by automating user provisioning and management. This solution enables MSPs to enforce Multi-Factor Authentication (MFA), revoke active sessions, and ensure secure, efficient user lifecycle management across all customer environments. Using intelligent automation and centralized management tools, MSPs can significantly reduce administrative overhead, enhance operational efficiency, and ensure robust security, ultimately accelerating profitability and efficiency.
• Unified Device Management and Security: The new Device Management capabilities within the AvePoint Elements Platform provide centralized oversight of devices across multiple tenants, addressing the need for streamlined operations and reduced manual intervention for MSPs. This integration automates tasks such as configuring compliance policies, deploying applications, and enforcing security measures. Key capabilities include remote device wipes, defender scans, and policy synchronization, ensuring consistent security across tenants. With these advanced features, MSPs can enhance operational efficiency, maintain robust security, and scale their services seamlessly.

“AvePoint continues to develop solutions purpose-built for partners that benefit everyone who uses Microsoft technology,” Heather Deggans, VP ISV Partnerships at Microsoft. “With the latest enhancements to the AvePoint Elements Platform, partners can deliver more intelligent and proactive data security, governance and management strategies to their customers. This level of automation and efficiency in one single solution allows users to forge more effective and resilient digital workplaces and make the most of their Microsoft investments.”

For more information on AvePoint Elements, visit the website.

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 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 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. Copies of this and other documents filed by AvePoint from time to time are available on the SEC's website, www.sec.gov. This filing identifies and addresses 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

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