Box Inc. Among Cloud Top 500

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Box Inc. Strengths, Domain Expertise, and Key Differentiators

Box provides a cloud content management platform that enables organizations of all sizes to securely manage their content while allowing easy, secure access and sharing of this content from anywhere, on any device. With Box's Software-as-a-Service (SaaS) cloud content management platform, users can collaborate on content both internally and with external parties, automate content-driven business processes, develop custom applications, and implement data protection, security and compliance features to comply with legal and regulatory requirements, internal policies and industry standards and regulations. Box provides a single content platform that accelerates business processes, improves employee productivity and protects an organization’s most valuable data. Box's platform enables a broad set of business use cases across enterprises, hundreds of file formats and media types, and user experiences. Box's platform integrates with leading enterprise business applications, and is compatible with multiple application environments, operating systems and devices, ensuring that workers have access to their critical business content whenever and wherever they need it.

Box Inc. Recent Developments

In July 2021, Box, began rolling out Box Sign, its native e-signature capability, to customers on Business and Enterprise plans at no additional cost

In fiscal 2020, Box launched two major new products, Box Relay and Box Shield, building out its multi-product platform and solidifying its leadership in the cloud content management market. With these added capabilities, Box is seeing more and more of their customers adopt the full power of Box through its Enterprise Suite offering.

Box Inc. Mergers and Acquisitions (M&A) Activities

In February 2021, Cloud content management company, Box Inc, acquired Dutch e-signature startup, SignRequest for $55M (approx €45.6M). Upon the close of the transaction, SignRequest will become a wholly-owned subsidiary of Box.

Box acquired in July 2018 to bring the intelligent search to the enterprise.

Box Inc. Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Box Inc. applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Box Inc. and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Box, customers.

Box Inc. Key Enterprise and Cloud Applications


Box Inc. Revenues, $M:

Type/Year20192020YoY Growth, %
Total Revenues, $M Subscribe Subscribe Subscribe
Enterprise Applications Revenues, $M Subscribe Subscribe Subscribe
Cloud Applications Revenues, $M Subscribe Subscribe Subscribe

* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.

Box Inc. Revenue Breakdown By Type, $M:

TypeLicenseProf. ServicesHardwareSupport & MaintenanceSaaSPaaSIaaSOther (Non Enterprise Application Revenues)Total
% of Total Revenues Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe 100%
Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe

Box Inc. Revenues By Region, $M

Region% of Total Revenues2020 Total Revenues, $M2020 Enterprise Applications Revenues, $M2020 Cloud Applications Revenues, $M
Americas Subscribe Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe Subscribe

Box Inc. Direct vs Indirect sales

RegionDirect SalesIndirect SalesTotal
Type % Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe

Box Inc. Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Box Inc. Customers

No. of Box Inc. Customers: 105000

No. of Box Inc. Enterprise Applications Customers: 105000

No. of Box Inc. Cloud Customers: x

No. of Box Inc. Cloud Subscribers: x

As of January 31, 2021, Box had over 105,000 paying organizations, and their solution was offered in 25 languages. Box define paying organizations as separate and distinct buying entities, such as a company, an educational or government institution, or a distinct business unit of a large corporation, that have entered into a subscription agreement with Box to utilize their services.

As of January 31, 2020, Box has over 97,000 paying organizations, including new or expanded deployments with leading enterprises such as Allina Health System, Intuit, Live Nation, MGM Studios, Red Robin International, Inc., Silicon Valley Bank, ServiceNow, State Street, Vistra Energy, AstraZeneca, General Electric, JLL, Morgan Stanley and others.

Box Inc. Market Opportunities, M&A and Geo Expansions

In April 2021, Box, Inc. (NYSE: BOX), the Content Cloud, and KKR, a global investment firm, today announced an agreement for KKR funds to lead a $500 million investment in the company in the form of convertible preferred stock. The investment from KKR will advance the company’s strategy to deliver the Box Content Cloud and enable customers to modernize how they work and drive digital transformation throughout their organizations.

The recent launch of Box Shield, for example, brings a strong opportunity for expansion due to the widespread need for organizations to secure their most sensitive content in a frictionless way. Box Shield, amongst other products including Relay, Platform, Governance, Zones, and Core Box, are bundled into Suites that make it simple for customers to leverage multiple products at once and experience the full power of Cloud Content Management. Lastly, Box's robust compliance capabilities brings advanced governance and ECM to highly regulated industries and organizations that previously never considered such technology, and Box's strong privacy posture makes it easier for organizations to operate in a complex and rapidly evolving data privacy landscape.

Box Inc. Risks and Challenges

The market for cloud-based enterprise services is not as mature as the on-premise enterprise software market. Because Box derives, and expect to continue to derive, substantially all of their revenue and cash flows from sales of Box's cloud content management solutions, Their success will depend to a substantial extent on the widespread adoption of cloud computing in general and of cloud-based content management services in particular.

Box Inc. Ecosystem, Partners, Resellers and SI

Box offers nearly 1,500 integrations with partners including Microsoft, IBM,, Apple, Google, Slack, Adobe, Palo Alto Networks, Okta, Zoom and others, giving their users easy access to their content in Box without leaving these applications. In addition, in-house enterprise developers and independent software developers can rapidly build and provision new applications that leverage and extend the core functionality of our services, increasingly with a focus on specific industries and vertical market use cases. To date, tens of thousands of third-party developers have leveraged Box's platform as the secure content layer for their applications.

Box Inc. Cloud Infrastructure Insights

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Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.

Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).

For additional information on our methodologies, here's the link: Us

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