Dropbox Strengths, Domain Expertise, and Key Differentiators
Dropbox is a global collaboration platform where content is created, accessed, and shared. With more than 500 million registered users across 180 countries, we’re on a mission to unleash the world’s creative energy by designing a more enlightened way of working. Dropbox is available for Windows, Mac, or Linux PCs, as well as Android and iOS mobile devices.Their platform offers an elegant solution to the challenges described above. Dropbox Basic is the simple, powerful home for your photos, videos, docs, and other files. Your stuff is secure, accessible, and easily shared no matter where you are. Users also get access to exciting new product experiences like Dropbox Paper, a collaborative workspace that helps teams create and share early ideas, and work with any type of content, in one centralized place. Dropbox Plus provides unrivaled sync along with 1 TB of space, powerful sharing features, and increased control. Dropbox Professional allows independent workers to store, share, and track their work from one place through premium features. At last, Dropbox Professional allows independent workers to store, share, and track their work from one place through premium features. get full visibility and control over how critical work files are accessed and shared, while letting team members continue to use the products they know and love. Dropbox Business meets the needs of organizations of all sizes through three different SKUs—Standard, Advanced, and Enterprise.
Dropbox Recent Developments
In June 2019, Dropbox unveiled a new integrated workspace, the biggest user-facing change in the company’s history. With updates to the Dropbox desktop experience, dropbox.com, and the mobile app, users get a single workspace designed to bring files, fragmented work tools, and teams together. The update includes early access to a new desktop app designed to provide a convenient new access point to the workspace. In October 2017, Dropbox lanched Dropbox Professional, a new offering that introduces business-grade tools to help individual users store, share, and track work from a single, secure place. Dropbox Professional is designed to meet the needs of independent workers—a group that’s expected to rise to 47.6 million by 20221. The new offering brings together the most popular storage, sharing, and support solutions from Dropbox with new ways to present work to help individuals showcase their creativity in the best light.
Dropbox Mergers and Acquisitions (M&A) Activities
In February 2019, Dropbox acquired HelloSign, an eSignature and document workflow platform with more than 80,000 customers. Together, Dropbox and HelloSign believe they can deliver an even better experience to Dropbox users, and simplify workflows for millions of customers. Dropbox has acquired 24 organizations. Their most recent acquisition was Verst on Nov 30, 2017, a New York startup that aimed to help web publishers and creators make money through features like paywalls. Verst's service will be shutting down on December 21 and the team will be joining Dropbox. The price of the sale wasn't disclosed.
Dropbox Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD ask the simple question: Who’s buying Dropbox 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 Dropbox 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 Dropbox, customers.
Ownership: - NASDAQ: DBX
Number of Employees: 2323
Functional Markets: Content Management,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction and Real Estate, Consumer Packaged Goods, Distribution, Education, Government, Healthcare, Insurance, Leisure and Hospitality, Life Sciences, Manufacturing, Media, Non Profit, Oil and Gas, Professional Services, Retail, Transportation, Utility,
Dropbox Key Enterprise and Cloud Applications
Dropbox Revenues, $M:
|Type/Year||2017||2018||YoY Growth, %|
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|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.
Dropbox Revenue Breakdown By Type, $M:
|Type||License||Services||Hardware||Support & Maintenance||SaaS|
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Dropbox Enterprise Applications Revenues By Functional Markets, $M:
Dropbox Enterprise Applications Revenues By Verticals, $M:
Dropbox Revenues By Region, $M
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Dropbox Direct vs Indirect sales
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Dropbox Customers - Breakdown by Geo, Size, Vertical and Product
No. of Dropbox Customers: 400000
No. of Dropbox Enterprise Applications Customers: 400000
No. of Dropbox Cloud Customers: 400000
No. of Dropbox Cloud Subscribers: 500 million
Dropbox has more than 500 million registered users, and over 400000 teams are using Dropbox Business. Among its customers are: Expedia, Golden State Warriors, Les Lunes, Brandt, Maple Hill Creamery, National Geographic and many others.
Dropbox Market Opportunities, M&A and Geo Expansions
In September 2018, Dropbox launches DBX Platform—a unified suite of APIs and developer tools for building new capabilities on top of Dropbox. The launch of DBX Platform includes the release of new API capabilities, as well as new integrations with Atlassian’s JIRA Software, Autodesk tools and Microsoft Outlook, which extend Dropbox capabilities into leading productivity tools. New collaboration and workflow APIs expand developer capabilities; new connections with Atlassian, Autodesk and Microsoft headline expanded portfolio of integrations. In June 2018, Dropbox launched a new chapter in the evolution of Magic Pocket, its custom-built storage infrastructure. The company is successfully deploying Shingled Magnetic Recording (SMR) drive technology, which will increase overall storage density, reduce the company’s physical data center footprint, and provide significant cost savings—without sacrificing performance or reliability. Dropbox will be the first company to test and deploy SMR technology at this scale.
Dropbox Risks and Challenges
Their business depends on its ability to retain and upgrade paying users, and any decline in renewals or upgrades could adversely affect their future results of operations. Additionally, future growth could be harmed if they fail to attract new users or convert registered users to paying users.
Dropbox Ecosystem, Partners, Resellers and SI
Dropbox has 12 offices around the world, with locations in San Francisco, Austin, Dublin, Herzliya, London, New York, Paris, Seattle, Sydney, Hamburg, Washington DC, and Tokyo. In November 2018, Dropbox strengthened its global collaboration platform by partnering and integration that will give Dropbox Business customers access to more of the advanced security features they’ve been asking for. Business collaboration today happens everywhere, in and out of the office, and across multiple devices. It also occurs across teams and organizations in different countries and industries with unique security requirements. Protecting content in these varied environments is one of the reasons Dropbox Business has been deployed in companies around the world. In March 2018, Dropbox and Salesforce, unveiled a strategic partnership that connects the #1 CRM platform with our leading collaboration platform, enabling companies of all types to collaborate and more deeply connect with their customers across sales, service, marketing, commerce, and more.
Dropbox Cloud Infrastructure Insights
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- Dropbox Public Cloud and Infrastructure (IaaS)
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- Dropbox 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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