With DocAve Backup, we are using one component in DocAve, which is the storage optimization parts. It's actually an archive function. So some of our clients, they have a lot of data, like a quarter of a petabyte of data, in their 365 tenants. And that is very costly because the storage you get in your 365 tenants is based on the actual user you purchased from Microsoft. So with the Cloud archiving feature or storage optimization feature, you can copy data or archive data from your production tenant to cheaper storage within AvePoint. Leaving the stub files behind, and then you can use the recenter capabilities for end-user experience when it comes to restoring or retrieving data from the archive to get your data back. It's really user-friendly as well. Our primary use case is an archiving feature. So we archive data. Moving data so it doesn't consume all the fast storage from Microsoft. We move data that hasn't been accessed for a while to cold storage, which is cheaper. So we don't need to purchase more storage from Microsoft.
SaaS Backup is a cloud-based solution designed to safeguard an organization's data stored in SaaS applications. SaaS applications are managed by third-party providers, leaving organizations without direct control over their data's physical storage. As the popularity of SaaS applications grows, having a reliable and secure backup solution becomes crucial. In the event of a hack or data breach, SaaS Backup allows organizations to restore their data quickly, preventing costly downtime.
We use the product for backup.
With DocAve Backup, we are using one component in DocAve, which is the storage optimization parts. It's actually an archive function. So some of our clients, they have a lot of data, like a quarter of a petabyte of data, in their 365 tenants. And that is very costly because the storage you get in your 365 tenants is based on the actual user you purchased from Microsoft. So with the Cloud archiving feature or storage optimization feature, you can copy data or archive data from your production tenant to cheaper storage within AvePoint. Leaving the stub files behind, and then you can use the recenter capabilities for end-user experience when it comes to restoring or retrieving data from the archive to get your data back. It's really user-friendly as well. Our primary use case is an archiving feature. So we archive data. Moving data so it doesn't consume all the fast storage from Microsoft. We move data that hasn't been accessed for a while to cold storage, which is cheaper. So we don't need to purchase more storage from Microsoft.
The solution is used for backup.