AvePoint Inc (AVPT)

[Norton1973]

Strong User Growth: AVPT, AvePoint has 7 million active users from the Microsoft 365 network and a goal to get to 50 million active users. The company said it can grow from a 3% share of Microsoft 365 customers to 10%.

AvePoint wants to move aggressively and scale the business, Jiang said. 

AvePoint also supports multi-cloud and can help customers move from Slack Technologies (NYSE:WORK) to Microsoft Teams, he said: "we do the migration."

AvePoint was the first to offer this support globally and the company is seeing strong demand for migration, Jiang told Benzinga. 

“We also support multi-cloud,” the CEO said.

Some companies use Microsoft Teams, Zoom, Salesforce and Amazon Web Services together, he said.