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    BOX   US10316T1043

BOX, INC.

(BOX)
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Box : Named a Leader in the 2021 Gartner« Magic Quadrant™ for Content Services Platforms for the Third Consecutive Year

10/21/2021 | 12:31pm EST

Box, Inc. (NYSE: BOX), the leading Content Cloud, announced today that it has been named a Leader in the Gartner® Magic Quadrant™ for Content Services Platforms (CSP) for the third year in a row. As organizations are increasingly looking to invest in solutions that support remote employees and hybrid work environments, the company believes, the continued momentum validates Box’s vision for the Content Cloud - one secure platform to manage content in the cloud. Box, and 17 other vendors, were measured by Gartner on their Completeness of Vision and their Ability to Execute.

Over the past year, Box has delivered a series of product innovations that have allowed the company to significantly close the gap between legacy CSP vendor offerings, including intelligent content security, governance and automation capabilities, content and productivity intelligence enhancements, new and updated integrations, and the addition of native e-signatures.

”The world has undergone a decade of change in less than two years, with organizations continuing to accelerate their digital transformation to support the new way of working,” said Diego Dugatkin, Chief Product Officer for Box. “The past two years have shown us that legacy, on-prem content tools are unable to meet the needs that today’s work from anywhere reality demands. The CSP market is evolving, and Box has proven to be a disruptor in the industry while continuing to take away market share from legacy players.”

According to Gartner, “Organizations are looking increasingly to modern, cloud-based solutions. Content services has been a traditionalist technology discipline for many organizations with on-premises or private hosted solutions being the most commonly deployed model. This is changing rapidly with a majority of Gartner inquiries now focusing on cloud deployments to modern existing implementations. This increased importance of true cloud solutions is reflected in our market analysis this year."

Box makes it easy for more than 100,000 organizations around the world to power their digital workplaces, removing barriers for employees to share, access and collaborate securely on their most critical content. Box has been named as a Leader again by Gartner, in addition to a series of prominent analyst recognitions:

For more information on today's announcement, please visit the Box blog. Download a complimentary copy of the Gartner Magic Quadrant report here.

  1. ​​Gartner, Magic Quadrant for Content Services Platforms, Michael Woodbridge, Marko Sillanpaa, Lane Severson, Tim Nelms, 18 October 2021.
  2. Gartner, Gartner Peer Insights ‘Voice of the Customer’: Content Collaboration Tools, October 14, 2020. 97% of customers have willingness to recommend based on 131 reviews as of 31st July 2020 in Gartner Peer Insights ‘Voice of the Customer’: Content Collaboration Tools

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. 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.

Gartner Peer Insights reviews constitute the subjective opinions of individual end users based on their own experiences and do not represent the views of Gartner or its affiliates.

Gartner Peer Insights Customers’ Choice constitute the subjective opinions of individual end-user reviews, ratings, and data applied against a documented methodology; they neither represent the views of, nor constitute an endorsement by, Gartner or its affiliates.

Gartner and Magic Quadrant are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

About Box

Box (NYSE:BOX) is the leading Content Cloud that enables organizations to accelerate business processes, power workplace collaboration, and protect their most valuable information, all while working with a best-of-breed enterprise IT stack. Founded in 2005, Box simplifies work for leading organizations globally, including AstraZeneca, JLL, and Morgan Stanley. Box is headquartered in Redwood City, CA, with offices in the United States, Europe, and Asia. To learn more about Box, visit http://www.box.com. To learn more about how Box powers nonprofits to fulfill their missions, visit Box.org.


ę Business Wire 2021
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Financials (USD)
Sales 2022 870 M - -
Net income 2022 -50,4 M - -
Net cash 2022 222 M - -
P/E ratio 2022 -72,1x
Yield 2022 -
Capitalization 3 647 M 3 647 M -
EV / Sales 2022 3,94x
EV / Sales 2023 3,32x
Nbr of Employees 1 934
Free-Float 95,1%
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Number of Analysts 12
Last Close Price 24,59 $
Average target price 30,10 $
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Managers and Directors
Aaron Levie Chief Executive Officer & Director
Dylan Chandler Smith Chief Financial Officer
Bethany Jean Mayer Chairman
Lakshmi Hanspal Chief Information Security Officer
Thierry Chassaing Senior Vice President-Engineering
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