SOURCE: Box

Box

July 10, 2013 17:41 ET

Box Named a Leader in File Sync and Share Platforms Report by Independent Research Firm

LOS ALTOS, CA--(Marketwired - Jul 10, 2013) - Box today announced that it has been named a Leader in the July 2013 report, "The Forrester Wave™: File Sync and Share Platforms, Q3 2013."i Forrester Research, Inc. evaluated Box and 15 other vendors against 26 criteria to determine how well each vendor scores and where they stand in relation to each other. Results from Forrester's report indicate that Box is a half-length ahead in the file sync and share evaluation, receiving high scores in mobile devices, browsers, file access, external sharing, administration and security model criteria.

"Information is the core currency of every organization, and to be competitive, businesses need a cloud content platform that makes it easy for employees and partners to collaborate, while also satisfying the security, visibility and control that IT departments require," said Whitney Bouck, senior vice president & GM, Enterprise at Box. "We feel our position in this report is recognition of our dual focus on the end user and the IT organization, as well as our commitment to pushing the limits of what's possible in enterprise content collaboration for our customers."

According to Forrester Research, "The technology to support document collaboration is undergoing a seismic shift from simple to complex, from desktop to mobile, and from employees to partners. Traditional inside-the-firewall platforms handled desktops and simple teamwork. But the future platform for document collaboration must accommodate the complex requirements of mobile employees and partner collaboration."

Forrester Research writes in the report, "Three vendors earn leader status, but... Box has a half-length lead on the others... because it covers more ground than the other solutions in both its current offering and strategic choices." Forrester states later in the report that, "As Box continues to mature its platform strategy, its partner ecosystem becomes an important part of this equation. Organizations aggressively moving to the cloud should make Box's content storage an evaluation criterion for their online content management system as well."

More than 15 million users and 150,000 businesses use Box to share and manage their information in the cloud. In the first half of 2013, Box experienced tremendous growth as businesses of all sizes and industries transitioned to the cloud. Key highlights include:

  • Sales grew more than 150 percent in 2012 and are on track to more than double again in 2013
  • New Box customers signed in 2013 across industries include: Schneider Electric, Johns Hopkins Healthcare Solutions, CORE Construction, Perkins Coie and Beaumont Health System
  • New acquisitions include: Box acquired Crocodoc, the web's leading HTML5 document rendering and viewing solution and Folders, which will be integral to the next-generation of Box on iOS
  • New senior executives added to the Box team include: Ben Haines, CIO; Justin Somaini, chief trust officer; Niall Wall, senior vice president of business development; and Jeff Mannie, vice president and controller

To learn more about Box's placement in the Forrester Wave™ report and get an immediate copy, please visit: http://box.com/forrester2013_pr

To attend Box's customer conference, BoxWorks, in San Francisco this September 15-17, please visit: http://www.boxworks2013.com/

About Box
Founded in 2005, Box provides a secure content sharing platform that both users and IT love and adopt. Content on Box can be shared internally and externally, accessed through iPad, iPhone, Android and Windows Phone applications, among others, and extended to partner applications such as Google Apps, NetSuite and Salesforce. Headquartered in Los Altos, CA, Box is a privately held company and is backed by venture capital firms Andreessen Horowitz, Bessemer Venture Partners, Draper Fisher Jurvetson, Emergence Capital Partners, General Atlantic, Meritech Capital Partners, NEA, Scale Venture Partners, and U.S. Venture Partners, and strategic investors salesforce.com and SAP. To learn more about Box, visit www.box.com.

i Forrester Research, Inc. "The Forrester Wave™: File Sync and Share Platforms, Q3 2013" by Ted Schadler and Rob Koplowitz, July 10, 2013.