REDWOOD CITY, Calif.--(BUSINESS WIRE)--Box (NYSE: BOX) a leader in Cloud Content Management, today announced that it was named a Leader in “The Forrester New Wave™: Cloud Content Platforms — Multitenant SaaS, Q3 2019” report by Forrester. Box received differentiated ratings in vision, road map and market approach, the only company to receive this score in all three criteria.
“Businesses today need a cloud content platform that powers business process automation, secure collaboration across their best-of-breed apps, and easy custom development for creating new digital experiences,” said Jeetu Patel, Chief Product Officer at Box. “Box is uniquely positioned to help our customers simplify how they work and collaborate and transform how they run their business in the cloud.”
According to Forrester, the market for content services platform is undergoing a significant shift: “Two markets have collided. Traditional enterprise content management (ECM) vendors are rearchitecting their platforms to be cloud native, while vendors with heritage in cloud enterprise file sync and share have pivoted to broader content repository services. This market overlap has resulted in a new segment: cloud content platforms.”
In this emerging market, Forrester scores Box as a leader and specifically states that Box “Leads the pack with collaboration, security, and governance capabilities. Box offers comprehensive collaboration and document repository services buoyed by robust security capabilities such as key management and anomaly detection. Box prioritizes data center and infrastructure certifications.”
Enterprise Capabilities, Security and Compliance
Box has continued to drive industry leadership with advanced enterprise capabilities, consistently raising the bar for privacy and security in the cloud. Box's offerings in these areas include Box Zones, which provides customers with in-region data storage; Box KeySafe, which provides organizations with independent control over their encryption keys; Box Relay, which brings powerful automation to improve business processes across an organization, and Box Governance, which enables customers to comply with data retention policies, satisfy e-discovery requests, and effectively manage sensitive information. Box is also a leader in compliance standards, enabling customers to maintain adherence to important industry regulations including HIPAA, FINRA, FedRAMP, and PCI DSS, amongst others.
The Forrester report states, Box “is the best fit for companies that need to balance governance and innovation. Solid governance and security services serve regulated industries; companies in these industries can use Box to explore best-of-breed AI and machine learning (ML) to enrich and enhance their content."
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Box (NYSE:BOX) is a leading Cloud Content Management platform 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 70% of the Fortune 500, including AstraZeneca, General Electric, JLL, and Nationwide. 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.