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Stock impact report

AvePoint Adds New Data Security and Management Capabilities to the Elements Platform for MSPs

AvePoint, Inc. - Class A (AVPT) 
Company Research Source: GlobeNewswire
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 te Show less Read more
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