Microsoft 365 (M365) management software vendor CoreView is gearing up for greater demand, predicted to be fuelled further by AI adoption via new Microsoft tools.
Shawn Lankton, chief executive officer at CoreView, said in a announcement that the company looks to build on its record-breaking first quarter of 2023 revenues.
“The surge we are experiencing is a direct result of Microsoft bringing new, highly innovative solutions to market and a renewed focus on IT efficiency,” Lankton said.
Lankton pointed to what he described as “cool new solutions” from Microsoft like Copilot, Viva, and Teams Voice.
“Many organisations are still looking to get simple things like automation, governance, and license management under control,” he added.
CoreView’s Q1 of 2023 report stated 95% retention and 130% net dollar retention, which the vendor said showed it could be profitable while accelerating growth because of demand for IT efficiency and cost control.
By April 2023, license and service sales exceeded total sales booked in the full 2022 financial year, the company said.
CoreView has been designed “from the ground up” to make admin of M365 more efficient by improving visibility, centralising controls, and automating workflows, according to Lankton.
The early May M365 conference had showcased “disruptive AI” solutions such as Copilot, according to the vendor, which would fuel demand for delegated administration and automated governance.
According to CoreView, nine in ten enterprises have vulnerabilities in their M365 security configurations.
IT teams struggle to comply with key security policies — even when it comes to multi-factor authentication (MFA) and strong passwords, the vendor said.