Box and DataBank Announce Strategic Partnership to Transform Business with Intelligent Content Management
Box (NYSE: BOX) and DataBank have announced a strategic partnership to revolutionize intelligent content management (ICM). The collaboration combines Box's ICM platform with DataBank's process automation and data solutions expertise to deliver AI-powered solutions for contract lifecycle management, digital asset management, and intelligent document processing.
As part of the agreement, DataBank becomes a Box authorized reseller. The partnership focuses on helping organizations, particularly in highly regulated industries, transition from legacy systems and paper archives to modern content solutions. Key features include: digitizing physical documents into secure digital assets, implementing AI-driven metadata extraction, automating workflows, and ensuring compliance with standards like HIPAA and FedRAMP.
The partnership aims to benefit various sectors: healthcare providers can digitize patient files while maintaining HIPAA compliance, financial services can better manage client agreements, and legal teams can enhance security while facilitating collaboration.
Box (NYSE: BOX) e DataBank hanno annunciato una partnership strategica per rivoluzionare la gestione intelligente dei contenuti (ICM). La collaborazione combina la piattaforma ICM di Box con l'esperienza di DataBank nell'automazione dei processi e nelle soluzioni di dati per offrire soluzioni basate sull'IA per la gestione del ciclo di vita dei contratti, la gestione degli asset digitali e l'elaborazione intelligente dei documenti.
Come parte dell'accordo, DataBank diventa un rivenditore autorizzato di Box. La partnership si concentra sull'aiutare le organizzazioni, in particolare nei settori altamente regolamentati, a passare da sistemi legacy e archivi cartacei a soluzioni moderne per i contenuti. Le caratteristiche principali includono: la digitalizzazione dei documenti fisici in asset digitali sicuri, l'implementazione di estrazione di metadati guidata dall'IA, l'automazione dei flussi di lavoro e l'assicurazione della conformità a standard come HIPAA e FedRAMP.
La partnership mira a beneficiare vari settori: i fornitori di servizi sanitari possono digitalizzare i file dei pazienti mantenendo la conformità a HIPAA, i servizi finanziari possono gestire meglio gli accordi con i clienti e i team legali possono migliorare la sicurezza facilitando la collaborazione.
Box (NYSE: BOX) y DataBank han anunciado una asociación estratégica para revolucionar la gestión de contenido inteligente (ICM). La colaboración combina la plataforma ICM de Box con la experiencia de DataBank en automatización de procesos y soluciones de datos para ofrecer soluciones impulsadas por IA para la gestión del ciclo de vida de contratos, gestión de activos digitales y procesamiento inteligente de documentos.
Como parte del acuerdo, DataBank se convierte en un revendedor autorizado de Box. La asociación se centra en ayudar a las organizaciones, particularmente en industrias altamente reguladas, a pasar de sistemas heredados y archivos en papel a soluciones modernas de contenido. Las características clave incluyen: digitalización de documentos físicos en activos digitales seguros, implementación de extracción de metadatos impulsada por IA, automatización de flujos de trabajo y aseguramiento de cumplimiento con estándares como HIPAA y FedRAMP.
La asociación tiene como objetivo beneficiar a varios sectores: los proveedores de atención médica pueden digitalizar archivos de pacientes mientras mantienen el cumplimiento de HIPAA, los servicios financieros pueden gestionar mejor los acuerdos con los clientes y los equipos legales pueden mejorar la seguridad mientras facilitan la colaboración.
Box (NYSE: BOX)와 DataBank는 지능형 콘텐츠 관리(ICM)를 혁신하기 위한 전략적 파트너십을 발표했습니다. 이 협업은 Box의 ICM 플랫폼과 DataBank의 프로세스 자동화 및 데이터 솔루션 전문성을 결합하여 AI 기반 솔루션을 제공하여 계약 생애 주기 관리, 디지털 자산 관리 및 지능형 문서 처리 분야에서 혁신을 이루고자 합니다.
계약의 일환으로 DataBank는 Box의 공인 리셀러가 됩니다. 이 파트너십은 특히 규제가 많은 산업에서 조직들이 레거시 시스템과 종이 아카이브에서 현대적인 콘텐츠 솔루션으로 전환하는 데 도움을 주는 데 중점을 두고 있습니다. 주요 기능으로는: 물리적 문서를 안전한 디지털 자산으로 디지털화, AI 기반 메타데이터 추출 구현, 워크플로우 자동화, HIPAA 및 FedRAMP와 같은 기준 준수 보장이 포함됩니다.
이 파트너십은 다양한 분야에 혜택을 주는 것을 목표로 합니다: 의료 제공자는 HIPAA 준수를 유지하면서 환자 파일을 디지털화할 수 있고, 금융 서비스는 고객 계약을 더 잘 관리할 수 있으며, 법률 팀은 협업을 촉진하면서 보안을 강화할 수 있습니다.
Box (NYSE: BOX) et DataBank ont annoncé un partenariat stratégique pour révolutionner la gestion de contenu intelligent (ICM). La collaboration combine la plateforme ICM de Box avec l'expertise de DataBank en automatisation des processus et en solutions de données pour offrir des solutions alimentées par l'IA pour la gestion du cycle de vie des contrats, la gestion des actifs numériques et le traitement intelligent des documents.
Dans le cadre de l'accord, DataBank devient un revendeur autorisé de Box. Le partenariat se concentre sur l'aide aux organisations, en particulier dans les secteurs hautement réglementés, pour passer des systèmes hérités et des archives papier à des solutions modernes de contenu. Les caractéristiques clés incluent : la numérisation de documents physiques en actifs numériques sécurisés, la mise en œuvre d'extraction de métadonnées pilotée par l'IA, l'automatisation des flux de travail et l'assurance de la conformité avec des normes telles que HIPAA et FedRAMP.
Le partenariat vise à bénéficier à divers secteurs : les prestataires de soins de santé peuvent numériser les dossiers des patients tout en maintenant la conformité avec HIPAA, les services financiers peuvent mieux gérer les contrats clients, et les équipes juridiques peuvent améliorer la sécurité tout en facilitant la collaboration.
Box (NYSE: BOX) und DataBank haben eine strategische Partnerschaft angekündigt, um das intelligente Inhaltsmanagement (ICM) zu revolutionieren. Die Zusammenarbeit kombiniert die ICM-Plattform von Box mit der Expertise von DataBank in der Prozessautomatisierung und Datenlösungen, um KI-gestützte Lösungen für das Vertragslebenszyklusmanagement, das digitale Asset-Management und die intelligente Dokumentenverarbeitung anzubieten.
Im Rahmen der Vereinbarung wird DataBank ein autorisierter Wiederverkäufer von Box. Der Fokus der Partnerschaft liegt darauf, Organisationen, insbesondere in stark regulierten Branchen, zu helfen, von veralteten Systemen und Papierarchiven auf moderne Inhaltslösungen umzusteigen. Zu den wichtigsten Funktionen gehören: die Digitalisierung physischer Dokumente in sichere digitale Assets, die Implementierung von KI-gesteuerten Metadatenextraktionen, die Automatisierung von Arbeitsabläufen und die Sicherstellung der Einhaltung von Standards wie HIPAA und FedRAMP.
Die Partnerschaft zielt darauf ab, verschiedene Sektoren zu unterstützen: Gesundheitsdienstleister können Patientendaten digitalisieren und dabei die HIPAA-Vorgaben einhalten, Finanzdienstleistungen können Kundenverträge besser verwalten, und Rechtsteams können die Sicherheit erhöhen und gleichzeitig die Zusammenarbeit erleichtern.
- Strategic partnership expands Box's market reach through DataBank's authorized reseller status
- New AI-powered solutions enhance document processing and workflow automation capabilities
- Entry into highly regulated industries with compliance-focused solutions
- Expansion of service offerings through combined expertise in content management
- None.
Insights
Box's strategic partnership with DataBank represents a calculated move to strengthen its position in the Intelligent Content Management (ICM) market with enhanced AI capabilities. The deal creates three distinct revenue opportunities for Box:
1. New customer acquisition through DataBank's authorized reseller status, particularly in regulated industries still using legacy systems
2. Expanded service offerings combining Box's cloud platform with DataBank's document digitization expertise
3. Upselling opportunities to existing customers through enhanced AI-powered metadata extraction and workflow automation
This partnership specifically targets high-regulation industries where digital transformation often lags - healthcare, financial services, and legal - which typically command higher margins due to compliance requirements. The strategic value lies in Box positioning itself as both a content repository and an intelligent workflow engine, elevating its value proposition beyond basic storage.
While no specific financial projections were disclosed, the partnership aligns with Box's broader strategy to transition from a simple cloud storage provider to an enterprise AI platform that can extract value from unstructured content. This evolution is important as basic storage becomes increasingly commoditized.
Investors should note that enterprise partnerships typically have extended sales cycles before materially impacting revenue, but this collaboration enhances Box's competitive positioning against both legacy ECM providers and newer cloud-native competitors in the rapidly evolving AI space.
"In this AI-first era, it is crucial for businesses to modernize the way they manage their content and recognize the valuable insights inside of it,” said Olivia Nottebohm, Chief Operating Officer of Box. “This strategic partnership brings together Box’s ICM platform with DataBank’s deep expertise in process automation and data solutions to drive modern business processes, particularly for organizations in highly regulated industries who still rely on legacy systems and paper archives. Together, we’re powering entirely new ways for organizations to intelligently interact with their content and revolutionize the way they operate.”
“Box’s modern ICM platform transforms how organizations manage their content in the cloud, and our document processing services—whether through software or outsourced scanning—turn every document into a usable, actionable data asset,” said Chad VanNorman, Chief Technology Officer of DataBank. “Our collaboration with Box enables us to offer a fully integrated approach to enterprise content management, helping customers quickly optimize costs, eliminate inefficiencies, and achieve greater compliance. With our combined expertise, organizations can confidently transition to modern, AI-powered content solutions.”
The Power of Box and DataBank
As a Box partner, DataBank will provide specialized services to help organizations implement and optimize Box-based content solutions tailored to their needs. This includes designing and executing paper-to-digital transformation initiatives where DataBank assists customers in digitizing documents, routing them into Box, extracting metadata, and automating key business processes. With Box and DataBank, customers can:
- Digitize and Secure Content: Convert physical documents into digital assets, stored securely in Box with enterprise-grade compliance controls.
- Extract Metadata and Automate Workflows: Use AI-driven metadata extraction and automation to streamline processes and reduce manual effort.
- Modernize ECM Workflows: Transition from outdated content management platforms to a unified, cloud-based solution.
- Improve Compliance and Security: Ensure adherence to industry regulations like HIPAA, FedRAMP, and financial data protection standards.
By combining Box’s ICM platform with DataBank’s consulting and document management services, organizations can drive measurable business outcomes, such as reducing operational costs, increasing process automation, and enhancing regulatory compliance. For example:
- Healthcare providers can reduce inefficiencies and errors by digitizing paperwork like patient files and insurance memos, allowing staff to focus on care while remaining HIPAA compliant.
- Financial service companies can unlock value from complex documents by moving all their client agreements to a single cloud platform and using AI-powered metadata extraction to pull out key information.
- Legal teams can improve security and data privacy by uploading case files to Box’s secure platform while facilitating seamless collaboration among team members.
For more information on how Box and DataBank are transforming content management, visit www.box.com or www.databankimx.com.
About Box
Box (NYSE:BOX) is the leader in Intelligent Content Management. Our platform enables organizations to fuel collaboration, manage the entire content lifecycle, secure critical content, and transform business workflows with enterprise AI. Founded in 2005, Box simplifies work for leading global organizations, including AstraZeneca, JLL, Morgan Stanley, and Nationwide. Box is headquartered in
About DataBank
DataBank, a Kyocera Group Company, is a process automation and data solutions provider. We help organizations improve how they handle and utilize their information through services like AI-powered document processing, high-volume scanning, and managed technical services. We partner with organizations with high volumes of information, like healthcare, government, and energy, to help them make informed decisions and run more efficiently.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250318284986/en/
Box
PR
Dani Robin
Press@box.com
IR
Cynthia Hiponia
IR@box.com
DataBank
Scott Gokey
sgokey@databankimx.com
Source: Box, Inc.
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