Box named a Leader in Gartner Magic Quadrant for E
Post# of 145
Company positioned in the Leaders Quadrant for third consecutive year
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General Releases
Monday, July 25, 2016 10:13 am PDT
Dateline:
REDWOOD CITY, Calif.
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Public Company Information:
NYSE:BOX
"We believe our leadership position in this magic quadrant for three years running demonstrates that we are uniquely positioned to capture this opportunity as the content platform for the enterprise."
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Box, Inc. (NYSE:BOX), a leading enterprise content management platform, today announced that it has been positioned as a Leader in Gartner’s “Magic Quadrant for Enterprise File Synchronization and Sharing (EFSS)i.” Box was evaluated among 13 vendors in the market based on 15 evaluation criteria. Gartner Magic Quadrants evaluate vendors within a particular market segment based on their completeness of vision and their ability to execute on that vision.
“We are in the beginning of a once-in-a-lifetime shift to the cloud. As enterprises make this transition, they are recognizing the need for content to be centralized and secured in a platform that underlies all the applications that their employees, partners, and customers use on a daily basis,” said Aaron Levie, co-founder and CEO of Box. “We believe our leadership position in this magic quadrant for three years running demonstrates that we are uniquely positioned to capture this opportunity as the content platform for the enterprise.”
Box makes it easy for 62,000 businesses around the world to share and collaborate securely on their most important content. Building on a record fiscal 2016, Box added over 5,000 new paying customers in the first quarter of fiscal 2017 and significantly expanded deployments with leading enterprises like Brooks Brothers, Daniel J. Edelman, Los Angeles International Airport and The Whirlpool Corporation. The company also expanded strategic partnerships and introduced product and platform innovations.
First half FY2017 business highlights include:
Introduced Box Shuttle, making it easier, faster and more cost-effective than ever to move content from legacy systems to Box.
Announced Box Zones, to enable businesses around the globe to adopt Box, while providing the choice to store data in Europe or Asia.
Announced that Box achieved FedRAMP certification for all government agencies, sponsored by the Department of Defense as part of Box's new Box for Government initiative.
Announced general availability of Box KeySafe with AWS Key Management Service, which enables all businesses to take advantage of managing their own encryption keys.
Deepened the IBM partnership by extending it to Box Platform with the announcement of IBM's new MobileFirst for iOS application, Expert Seller, built on Box Platform.
Expanded an alliance with Adobe to make it easier for businesses to work with digital documents in the cloud by allowing them to access and edit PDFs and execute workflows with Adobe Document Cloud and Adobe Sign directly in Box on both desktop and mobile.
For more information on today's announcement, please visit the Box blog or download a copy of the Gartner Magic Quadrant for Enterprise File Synchronization and Sharing.
To hear how innovative companies across industries are using technology to transform their business and power new digital experiences, join us at BoxWorks 2016, September 6-8th at Moscone Center in San Francisco: www.box.com/boxworks/.
1 Gartner, Magic Quadrant for Enterprise File Synchronization and Sharing, Monica Basso, Karen Hobert, Jeffrey Mann, July 21, 2016
Disclaimer:
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About Box
Founded in 2005, Box (NYSE:BOX) is transforming the way people and organizations work so they can achieve their greatest ambitions. As a leading enterprise content management platform, Box helps more than 57,000 businesses, including General Electric, KKR & Co., P&G and The GAP securely access and manage their critical information in the cloud. Box is headquartered in Redwood City, CA, with offices across the United States, Europe and Asia. To learn more about Box, visit www.box.com.
Contact:
Box PR
Ashley McClusky, 650-543-6926
Ashley@box.com