AvePoint Adds New Functionality To Cloud Backup For Salesforce, The Only FedRAMP Authorized Solution On Salesforce AppExchange And AWS Marketplace
Portfolio Pulse from Happy Mohamed
AvePoint (NASDAQ: AVPT) has announced new functionality for Cloud Backup for Salesforce with FedRAMP (moderate) authorization and added the product to AWS Marketplace, Azure Marketplace, and Salesforce AppExchange. This move aims to provide customers with a flexible acquisition process for their cloud-based products and solutions while upholding government security standards.
June 22, 2023 | 1:13 pm
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POSITIVE IMPACT
AvePoint has added new functionality to its Cloud Backup for Salesforce and expanded its availability to AWS, Azure, and Salesforce marketplaces, potentially increasing its customer base.
AvePoint's new functionality and expanded availability of its Cloud Backup for Salesforce product can potentially attract more customers, especially in the public sector, due to its FedRAMP (moderate) authorization. This can lead to increased revenue and a positive impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
AvePoint's Cloud Backup for Salesforce, now with new functionality and expanded availability, can potentially increase the adoption of Salesforce among public sector customers.
As AvePoint's Cloud Backup for Salesforce is now available on Salesforce AppExchange with new functionality and FedRAMP (moderate) authorization, it can potentially increase the adoption of Salesforce among public sector customers who require secure and easy-to-deploy solutions. This can have a positive impact on Salesforce's stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50