|By Business Wire||
|July 7, 2014 01:01 PM EDT||
Today, Box announced that it has been positioned as a Leader in Gartner’s first-ever “Magic Quadrant for Enterprise File Synchronization and Sharing (EFSS)1.” Box was evaluated among 19 vendors in the market based on 15 criteria. Box is the only cloud-based provider among the four leaders. Gartner Magic Quadrants evaluates vendors within a particular market segment based on their completeness of vision and their ability to execute on that vision.
In the report, Gartner states that, “Leaders provide mature offerings that meet market demand. They have demonstrated the vision necessary to sustain their market positions as requirements evolve.” Moreover, “Leaders typically possess a significant, satisfied customer base and enjoy high visibility in the market.”
“This is a highly competitive and rapidly expanding market, and nearly every business in the world is evaluating solutions to move information and collaboration to the cloud and drive productivity,” said Whitney Bouck, senior vice president and general manager of enterprise at Box. “We believe our leadership position in this magic quadrant demonstrates that cloud-only technologies are able to meet the most stringent security needs of large and heavily regulated enterprises, while simultaneously delivering the best user experience to help people get work done anywhere and on any device.”
According to Gartner, “EFSS refers to a range of on-premises or cloud-based capabilities that enable individuals to synchronize and share documents, photos, videos and files across multiple devices, such as smartphones, tablets and PCs.” Gartner adds that, “Security and collaboration support are critical capabilities of EFSS to address enterprise priorities.”
More than 25 million users and 225,000 businesses use Box to share, manage and collaborate on their information from anywhere, on any device. In the first half of 2014, Box grew its presence among the Fortune 500 and vertical markets, expanded internationally, and introduced more ways for developers to build on top of the Box platform. Key highlights include:
- New Box customers signed in 2014 across industries include: GE, World Bank Group, Sony Music, Netflix, Hamburg Airport Group, DeNA and Anglo American
- Expansion into Japan, as well as a new local office in Austin, Texas
- Launch of Box.org, a new initiative to help nonprofit organizations be more productive and collaborative in achieving their mission with Box
- Introduction of Box View and Metadata, two powerful technologies for developers to build powerful applications on the Box platform, and platform pricing for Box APIs
- 1,000 app milestone for the Box OneCloud ecosystem of mobile apps
For more information on today's announcement, please visit the Box blog.
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. 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.
Box’s mission is to make businesses of all sizes more productive, competitive, and collaborative by connecting people and their most important information. Content on Box can be securely shared and easily accessed on the web, through iOS, Android and Windows Phone applications, and extended to partner applications, such as Google Apps, NetSuite and Salesforce. Headquartered in Los Altos, CA, Box is privately held and backed by several leading venture capital firms and strategic investors. To learn more about Box, visit www.box.com.
1 Gartner, Magic Quadrant for Enterprise File Synchronization and Sharing, Monica Basso, Jeffrey Mann, Charles Smulders, July 2, 2014.
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