REDWOOD CITY, Calif. & REDMOND, Wash.--(BUSINESS WIRE)--Box, Inc. (NYSE:BOX) and Microsoft Corp. (Nasdaq “MSFT”) today announced an expanded partnership to jointly offer Box cloud content management with Azure to enterprise customers. Box will use Azure as a strategic public cloud platform and the companies commit to shared go-to-market investments, including initiatives to co-sell Box with Azure. In addition, the partnership will enable future integration between Azure’s artificial intelligence and machine learning capabilities with Box’s cloud content management platform.
“Azure is a trusted partner in the enterprise and we’re thrilled to be integrating our technologies and going to market with Microsoft,” said Aaron Levie, cofounder and CEO, Box. “Microsoft shares our vision to transform how people and organizations work and Box and Azure together can unlock incredible opportunities for innovation.”
“Box shares our focus and commitment to empowering enterprises on their digital transformation journey,” said Scott Guthrie, executive vice president of Microsoft’s cloud and enterprise division. “With this new partnership, we ensure customers can take advantage of Box’s platform on Azure, and look forward to future innovations using Azure’s intelligent cloud services.”
The companies intend to collaborate on initiatives, including:
Box with Azure
Businesses globally will be able to purchase Box’s cloud content management platform, as well as extended functionality like Box Governance, while choosing to store their Box content on Azure.
Advanced Machine Learning and Cognitive Computing
Box will explore integrating Azure’s best-in-class Cognitive Services to extend the capabilities of Box’s cloud content management solution. Potential integrations might include advanced content processing technologies like video indexing, which uses natural language processing to generate metadata and power advanced search capabilities. Customers in media and entertainment, for example, could potentially use the technology to discover related content or make recommendations for their Box content.
Box Zones leveraging Azure
Introduced in April 2016, Box Zones helps businesses address data sovereignty concerns by enabling in-region data storage. Currently, Box Zones is available in eight countries. Over time, Box intends to leverage Azure’s global footprint to expand Box Zones coverage to many more regions while also giving customers choice and flexibility in local storage options. Today, Azure has announced 40 datacenter regions around the world – more than any other cloud provider – giving customers the flexibility and scale needed to transform their businesses.
Pricing and Availability
The new Box and Azure offering is expected to be available later this year. More information on pricing and geographic availability will be shared at a later date.
Microsoft (Nasdaq “MSFT” @microsoft) is the leading platform and productivity company for the mobile-first, cloud-first world, and its mission is to empower every person and every organization on the planet to achieve more.
Box (NYSE:BOX) is the cloud content management company that empowers enterprises to revolutionize how they work by securely connecting their people, information and applications. Founded in 2005, Box powers more than 74,000 businesses globally, including AstraZeneca, General Electric, P&G, and The GAP. Box is headquartered in Redwood City, CA, with offices across the United States, Europe and Asia. To learn more about Box, visit http://www.box.com/.
Safe Harbor for Forward-looking Statements
This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding the integration of Box’s and Microsoft’s technologies, solutions and services, the co-marketing of Box and Azure, and the benefits that are expected to result to Box, Microsoft, their customers and other stakeholders from the partnership between Box and Microsoft. Statements including words such as "anticipate", "believe", "estimate", "expect", “future” or “will” and statements in the future tense are forward-looking statements. The achievement or success of the matters covered by such forward-looking statements involves risks, uncertainties and assumptions, which, if they do not fully materialize or prove incorrect, could cause the results of the partnership between Box and Microsoft to differ materially from those expressed or implied by such forward-looking statements. These risks, uncertainties and assumptions include, but are not limited to, risks associated with changes in product plans or roadmaps; product development or integration delays; market acceptance of the companies' combined products and services; and changes in the relationship between Box and Microsoft due to the business environment, competitive factors or other factors. Further information on these and other factors that could affect the partnership between Box and Microsoft or the financial results derived therefrom, can be found in the documents that Box and Microsoft have filed with or furnished to the Securities and Exchange Commission, including the most recent Forms 10-K and 10-Q filed by each company. All forward-looking statements in this press release are based on information available to Box and Microsoft as of the date hereof. Neither Box nor Microsoft assumes any obligation, nor do they intend to update these forward-looking statements to reflect events that occur or circumstances that arise after the date on which they were made.