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 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
Box acquired Butter.ai 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. Overview
Ownership: - BOX : NYSE
Number of Employees: 1995
Functional Markets: Content Management,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Faith Based Nonprofit, Youth and Elderly Care Nonprofit, Special Cause Nonprofit, Oil and Gas, Professional Services, Retail, Transportation, Utilities,
Box Inc. Key Enterprise and Cloud Applications
Box Inc. Revenues, $M:
|Type/Year||2018||2019||YoY 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:
|Type||License||Services||Hardware||Support & Maintenance||SaaS|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe|
Box Inc. Enterprise Applications Revenues By Functional Markets, $M:
Box Inc. Enterprise Applications Revenues By Verticals, $M:
Box Inc. Revenues By Region, $M
|Region||% of Total Revenues||2019 Total Revenues, $M||2019 Enterprise Applications Revenues, $M||2019 Cloud Applications Revenues, $M|
Box Inc. Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
Box Inc. Customers - Breakdown by Geo, Size, Vertical and Product
No. of Box Inc. Customers: 100000+
No. of Box Inc. Enterprise Applications Customers: 100000+
No. of Box Inc. Cloud Customers: 100000+
No. of Box Inc. Cloud Subscribers: 74 million
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
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 Box Platform is a cloud-only CSP. It does not support on-premises deployment and is therefore unsuitable for customers requiring on-premises or hybrid deployments.
Box Inc. Ecosystem, Partners, Resellers and SI
Box offers nearly 1,500 integrations with partners including Microsoft, IBM, Salesforce.com, 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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- Box Inc. Private Cloud and Data Centers
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).
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