Box Named a Leader in the 2021 Gartner® Magic Quadrant™ for Content Services Platforms for the Third Consecutive Year

Rhea-AI Summary

Box, Inc. (NYSE: BOX) has been recognized as a Leader in the Gartner Magic Quadrant for Content Services Platforms for the third consecutive year. As companies adapt to hybrid work environments, Box's vision for a secure Content Cloud has gained traction. Over the past year, Box has introduced significant product innovations, including enhancements in content security and productivity intelligence. The shift towards modern, cloud-based solutions is evident as organizations increasingly seek to support remote work. Box serves over 100,000 global organizations, solidifying its role as a key player in this market.

Positive

• Named a Leader in Gartner Magic Quadrant for Content Services Platforms for the third consecutive year.
• Introduced significant product innovations that improve content security and productivity.
• Serves over 100,000 organizations globally, indicating strong market presence.

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• None.

REDWOOD CITY, Calif.--(BUSINESS WIRE)-- 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:

• Leader in Forrester Wave for Content Platforms, 2021
• Major Player in IDC MarketScape for eSignature Software, 2021
• Leader in Nucleus Research Content Service and Collaboration Value Matrix, 2021
• Gartner Customers' Choice Vendor for Content Collaboration Tools, 2020
• Leader in Aragon Research Enterprise Content Platforms Globe, 2020
• Leader in Forrester New Wave for Cloud Content Platforms, 2019
• Leader in IDC MarketScape for Cloud Content Apps, 2019

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

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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.

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Box Communications

Dani Robin

press@box.com

Source: Box, Inc.

FAQ

What recent recognition did Box (NYSE: BOX) receive?

Box was named a Leader in the Gartner Magic Quadrant for Content Services Platforms for the third year in a row.

How many organizations does Box serve?

Box serves over 100,000 organizations worldwide.

What innovations has Box introduced recently?

Box has introduced product innovations including intelligent content security, governance, automation capabilities, and productivity intelligence enhancements.

What market trend is Box responding to?

Box is addressing the shift towards remote and hybrid work solutions as organizations seek modern, cloud-based content services.