Box CEO: AI is Driving a ‘Generational Shift in How People Work’
Artificial intelligence (AI) is “driving a generational shift in how people work, and we’re seeing this already every single day,” Aaron Levie, Box CEO and co-founder, said Oct. 11, during the BoxWorks Virtual Investor Product Briefing.
“We’re seeing it in forms of individual productivity with code writing or generating emails and documents or being able to create presentations, the ability to review documents or get expert analysis across our business,” he noted.
“That’s the power of AI when it’s brought to the individual worker,” Levie said. “But the real impact is when we can bring AI to our entire organization, when you add up all of the work that we’re doing with AI across the entire enterprise. This means we’re going to be able to build products faster. We can support customers instantly.”
Levie’s presentation came after Box announced “some major updates” at BoxWorks to all of our customers, he pointed out.
When it comes to AI, Levie said: “We’re attacking a massive $74 billion-plus market, with significant tailwinds. We’re building the leading content cloud that powers critical workflows across our customers’ organizations. We’re going wider and deeper with our over 100, 000 customers by increasing our suite’s adoption. And we’re driving sustained growth and higher operating margins…. We’re excited to continue to be on track to deliver against these goals. Today we specifically want to deep dive into our focus on driving and building the leading content cloud for our customers. So again, we’ll be sharing some of the recap updates of what we’ve announced at BoxWorks today, and diving in a little bit more on what we’re doing with Box AI.”
The company’s biggest announcement during BoxWorksw was Box Hubs, which it said was designed to “make it easier than ever to securely curate and publish content across the enterprise.”
Box Hubs will “deeply integrate with customers,” who Box said “will be able to find answers to critical questions in seconds, automatically,y summarize vast amounts of information, and effortlessly create new content – all based on the documents users organize in a Hub.”
Box and CloudStrike also announced a partnership to help organizations of all sizes secure their data in the cloud and stop data-related breaches. The partnership includes a new integration between Box’s secure content management and collaboration capabilities with CrowdStrike’s modern, AI-powered security CrowdStrike Falcon platform for real-time access control and threat prevention, the companies said.
“As a result, security and IT teams can detect malicious files, ransomware, and suspicious activity as well as configure security policies directly in Box’s administrative console,
With this new integration, Box will leverage the CrowdStrike Falcon platform’s Zero Trust Assessment (ZTA) technology to extend protection across the entire cloud-to-endpoint-to application estate, the firms noted.
“As a result, security and IT teams can detect malicious files, ransomware, and suspicious activity as well as configure security policies directly in Box’s administrative console