AvePoint Launches the Next Generation of Elements to Modernize Managed Services for MSPs

Core Insights - AvePoint has launched the next generation of AvePoint Elements, an AI-enhanced platform aimed at transforming managed service providers' (MSPs) client, cloud, and tenant management, focusing on data security, IT management, and operational efficiency [1][2] Company Developments - The new AvePoint Elements platform is part of the company's ongoing investment in its channel business, which constitutes over 50% of its annual recurring revenue (ARR) [1] - The platform aims to provide partners with new security-centric recurring revenue streams through a seamless, all-in-one solution [1] Market Opportunities - According to Canalys, over 90% of cybersecurity solutions are expected to be partner-delivered by 2025, presenting significant revenue opportunities for MSPs [2] - MSPs utilizing the new platform can secure client data and expand service offerings without requiring additional resources [2] Performance Metrics - Partners in a private preview of the platform reported a 40% increase in average revenue per user when integrating more than two solutions into their managed services [3] - Time wasted on operations and infrastructure has been reduced by 85% for these partners, allowing for more focus on service delivery and customer care [3] Operational Efficiency - AvePoint Elements integrates with existing compliance and data protection solutions, providing seamless API integrations for automation and remote management [4] - The platform enhances operational efficiency by centralizing management for multi-tenant configurations, allowing MSPs to enforce security and compliance across multiple clients [4] Profitability and Scalability - The platform automates manual tasks and simplifies transactions, enabling MSPs to concentrate on value-added services and reduce operational costs [4] - With multi-SaaS support, MSPs can serve customers across various clouds from a single platform, increasing their total addressable market [4] Security Enhancements - AvePoint Elements offers proactive security monitoring and automated policy enforcement, ensuring robust protection and premium data security for all customers [4]