AvePoint stories
Strong SaaS demand lifted annual recurring revenue 27% to USD $495.1 million in the quarter, prompting AvePoint to raise full-year guidance.
Organisations are being urged to tighten controls as AvePoint says 88.4% have already suffered at least one AI agent-related security incident.
Pressure from AI projects stalled by poor data governance is boosting demand for RecordPoint's software among regulated organisations.
Second-quarter growth in SaaS revenue and cash generation prompted the company to raise its full-year annual recurring revenue outlook.
Pressure is mounting on businesses to secure AI data and recover faster after cyber incidents, as static labels and ad hoc restoration prove too slow.
Most organisations are exposed to AI security breaches, with AvePoint finding 88.4% suffered at least one incident in the past year.
More firms are using AI daily, but AvePoint found unauthorised access incidents remain widespread as governance trails behind adoption.
Stronger demand for cloud data tools lifted AvePoint’s first-quarter revenue 26% and prompted the company to raise its full-year ARR outlook.
The update gives managed service providers more control over Microsoft 365 and AI risks as demand rises for standardised governance services.
Governance gaps are slowing customer AI rollouts, as 51% of MSPs cite compliance as the main barrier and demand for integrated tools rises.
Operational complexity is slowing AI rollouts for managed service providers, even as most invest in automation to meet compliance demands.
Many firms still lack recoverable copies of critical data as ransomware increasingly targets cloud and SaaS systems, experts warn.
AvePoint debuts AgentPulse Command Centre to give enterprises unified oversight, security and cost control for AI agents in Microsoft and Google clouds.
AvePoint brings AgentPulse Command Centre to general release, adding Google Cloud support to govern AI agents and rein in multicloud costs.
AvePoint extends its Confidence Platform to tighten agentic AI governance and broaden multi-cloud backup across major SaaS and IaaS tools.
AI rollout delays are stretching to a year as three-quarters of organisations report security incidents and governance gaps grow.
AvePoint has launched AgentPulse, a platform to help firms monitor AI agents, tackling rising security risks and unexpected costs linked to AI use.
AvePoint enhances Azure data protection, partners globally with IAMCP, and boosts cloud marketplace integration to support rising demand in AI security services.
AvePoint enhances its Confidence Platform with new multi-SaaS data protection and AI oversight tools to boost security and compliance in complex cloud environments.
AvePoint updates its Confidence Platform with new command centres to enhance cloud resilience, cost optimisation, and AI governance for enterprises globally.
.webp)
