CLAIM #64360 · AvePoint, Inc. (AVPT) · 2021Q4 earnings call · Mar 17, 2022 · due Dec 31, 2022
“With AvePoint's true global presence across all their premium B2B software markets in North America, Western Europe, NZ, Singapore, Korea and Japan, we expect our strong channel growth momentum to continue, if not accelerate going forward.”
Tianyi Jiang · CEO
How to check this claim
Look at: Channel/partner-sourced revenue growth rate (YoY), as disclosed by AvePoint
It came true if: Channel-sourced revenue growth rate in subsequent quarters >= the growth rate reported as of Q4 2021/FY2021
Where: Company earnings releases and management commentary on quarterly earnings calls (FY2022)
In context
“orting their 54,000 users across multiple geographies with our local partner, SII. Now they're able to satisfy data protection and data sovereignty requirements with our SaaS backup. Furthermore, I want to add that many of our partners such as Comverge and C3 have multiple lines of business and support AvePoint through both managed services and co-sale agreements depending on their clients. Our reach into this market segment continues to grow as we onboard more MSPs and their clients onto our cloud services. Collectively, our approach to scale through partners is paying dividends. Half of our new logos today come from partner source opportunities. In today's highly disrupted geopolitical climate, AvePoint is viewed as the trusted platform provider to our enterprise customers and partners. With AvePoint's true global presence across all their premium B2B software markets in North America, Western Europe, NZ, Singapore, Korea and Japan, we expect our strong channel growth momentum to continue, if not accelerate going forward. To support larger global organizations, our direct sales team continues to drive our enterprise business. In 2021, we significantly increased our enterprise sales capacity. Our direct sales team is designed to quickly respond to evolving market trends to help customers solve complex business problems. In Germany, for example, a large manufacturing customer was concerned with records and information management. With rising cloud storage costs, they need a better way to keep their collaboration platform optimized with a proactive data disposition and retention program. Our SaaS solutions are being deployed to automate classification and life cycle policies. As a result, they can look forward to improved transparency, accountability and compliance, plus reduced cloud storage costs. In North”
Verify independently
SEC filings for AVPT ↗ · Claim quote is verbatim from the 2021Q4 earnings call.