AvePoint Adds Three New Products To Its FedRAMP Authorization To Support The United States Public Sector
Portfolio Pulse from Benzinga Newsdesk
AvePoint (NASDAQ:AVPT) announced the addition of three new products to its FedRAMP authorization, aiming to support the U.S. public sector's digital transformation. These products are part of the AvePoint Confidence Platform's Modernization Suite, designed to enhance workplace innovation. Additionally, AvePoint achieved HITRUST CSF v11.0.1 compliance for its platform, supporting the global healthcare industry. This compliance, along with existing SOC 2 Type II certifications, underscores AvePoint's commitment to robust security and privacy standards.

February 21, 2024 | 2:13 pm
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AvePoint has expanded its FedRAMP authorization with three new products and achieved HITRUST CSF v11.0.1 compliance, indicating a strong commitment to security and privacy, especially for the U.S. public sector and global healthcare industry.
The addition of three new products to AvePoint's FedRAMP authorization and the achievement of HITRUST CSF v11.0.1 compliance are significant milestones that demonstrate the company's ongoing commitment to security and privacy. These developments are likely to enhance AvePoint's reputation and appeal, particularly among U.S. public sector organizations and global healthcare providers, potentially leading to increased adoption of its services. This positive news could lead to a short-term uptick in investor confidence and a favorable impact on AvePoint's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100