AI Index / Box, Inc.
Box, Inc. (BOX)
A pioneer in its space, Box has been providing content management and collaboration, workflow automation and intelligence services since 2005. AI contributes directly to the business through Box AI, which enhances enterprise content management by enabling productivity improvements and insights extraction from unstructured data. Box's AI capabilities are driving upgrades to their Enterprise Plus plans, according to multiple earnings reports. The acquisition of Alphamoon's AI technology will likely help in expanding the company’s Intelligent Content Management platform.
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Location: US
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Market Cap: $3.6B
link
https://www.box.com
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What struck me was how the conversations have evolved over time, where the vast majority of these discussions now focus on new use cases for Box, around using AI agents for extracting structured data and insights from documents, using AI agents to automate knowledge worker tasks, or leveraging AI agents to democratize access to expertise across their organizations.
- Aaron Levie
Quotes from box Executives About Artificial Intelligence and Generative AI
Companies will increasingly need a trusted AI platform to manage their most important enterprise content that can work with all of their agentic AI platforms. This is what we are building with the Box AI platform.
- Aaron Levie
We introduced Enterprise Advanced less than one year ago to bring together our full suite of powerful AI intelligent workflow automation capabilities.
- Aaron Levie
To drive intelligent workflows in the enterprise, this included Box Extract, a data extraction solution powered by AI agents that delivers accurate data and insights from a multitude of content types, including documents, presentations, images, and more.
- Aaron Levie
We announced powerful AI capabilities for Box apps, our no-code solution for quickly building content apps that will continue to get major product upgrades that enable our customers to power more advanced business processes on Box.
- Aaron Levie
We have also strengthened our long-term strategic partnership with AWS with a recent announcement of a multiyear AI collaboration agreement to transform agentic AI capabilities on enterprise content.
- Aaron Levie
We are focused on Box becoming the leading AI-first company, and we want to use AI agents to augment our productivity, increase our capacity, and better serve customers.
- Aaron Levie
For instance, in go-to-market, we have purpose-built Box AI agents that streamline each step in a sales or customer success process.
- Aaron Levie
AI is the biggest shift in work that we have ever seen in our lifetimes.
- Aaron Levie