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Joel Liu's Library tagged Box   View Popular, Search in Google

Jul
11
2011

  • The way successful enterprise software companies have historically operated has been more or less uncontested: licensing costs increase at regular intervals, technology is difficult to integrate, and the user experience is often atrocious. Unlike most other open markets, which force out negative behaviors over time, many of the practices in place today serve the vendor and customer asymmetrically. Amazingly, more than 40% of IT projects still fail to deliver the expected business ROI, yet enterprise vendors come out winning regardless.
  • t Box, we now see RFPs where “user adoption” is a heavily weighted factor in the purchasing decision; this was virtually unheard of a few years ago. IT managers are realizing that there are better, more strategic uses of their time than training employees, fighting low adoption, and contending with angry users – they want technology that just works. And because of this, we’re seeing more alignment between users and the CIO than ever before.

     

Jun
23
2011

  • Box, which has 6 million users and stores 300 million documents, is a cloud storage platform for the enterprise that comes with collaboration, social and mobile functionality. Box has evolved into more than just a fils storage platform, and has become a full-fledged collaborative application where businesses can actually communicate about document updates, sync files remotely, and even add features from Salesforce, Google Apps, NetSuite, Yammer and others.
  • Box, which just raised $48 million in new funding, sees this functionality as an alternative to Microsoft’s cloud document platform, Microsoft Office 365, which will come out of beta next week. Clearly teaming up with Google is part of Box’s strategy to gain marketshare from Microsoft SharePoint

  • Since its launch in 2005, Box.net has steadily been growing its cloud-based content management system, and has now accumulated more than 4 million users, with hundreds of thousands of businesses using the application. And the startup is seeing top line growth, with a 500% rise in revenue from 2008 to 2009, and a record first quarter – up 300% from Q1 2009 – thanks to deals with the Oprah Winfrey Network, Volvo, and Nokia Siemens are using Box.net (Box declined to give us exact revenue numbers).
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  • Box.net Raises $15 Million To Take On Microsoft SharePoint In The Cloud
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