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Box Inc

Box Delivers Intelligent Content Management to the Enterprise with New Enterprise Advanced Plan

Box Apps, Box AI Studio, and Box Doc Gen are generally available today in Enterprise Advanced

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Jan. 14, 2025-- Box, Inc. (NYSE:BOX), the leading Intelligent Content Management (ICM) platform, today released a new set of AI-powered innovations in its new Enterprise Advanced plan to revolutionize how organizations manage content. Starting today, Box customers now have access to Box Apps, Box AI Studio, and Box Doc Gen via API. This new plan combines the full power of Box’s ICM platform into a single offering so customers can automate workflows, extract valuable insights, and accelerate processes across the enterprise with Box.

“There is a tremendous amount of value trapped inside enterprise content, but the majority of companies can't harness the full value of their information with existing legacy solutions,” said Aaron Levie, Co-founder and CEO of Box. “Breakthroughs in LLMs now allow businesses of any size to transform their unstructured data into actionable insights and automate critical workflows. With Enterprise Advanced, Box is delivering an Intelligent Content Management platform in a single offering that empowers businesses to harness the value of their content like never before — all at a fraction of the cost.”

“At World Kinect, we understand the importance of organizing and centralizing content, especially unstructured data,” said Julio Pereira, VP of IT Infrastructure & Cloud at World Kinect. “Box delivers exceptional value by combining robust security with seamless accessibility—all within a single platform. With the new intelligent features in the Enterprise Advanced plan, we will be able to easily access metadata to gain deeper insights from our content while automating slow, manual workflows to enhance productivity. By leveraging Box’s Intelligent Content Management platform, we are redefining how we work with our content in the age of AI.”

Unleash New AI Capabilities Today With Enterprise Advanced

Box’s Enterprise Advanced plan is now generally available, making it easier than ever for organizations to leverage the best AI models to get a handle on their content, discover insights to make data-driven decisions, and intelligently extract structured metadata to automate mission-critical business processes. This transforms slow, fragmented, and manual workflows that hold businesses back into efficient, automated, end-to-end processes—all within a secure, intelligent content platform that accelerates productivity.

With Enterprise Advanced, customers can now deploy Box Apps to their organizations, giving users the ability to easily design and rapidly roll out intelligent, no-code apps faster than ever before. With Box Apps:

  • HR teams can create policy apps that intelligently apply metadata to employee policies, internal procedures, and benefits information to systematically manage the processes around creating, updating, and maintaining these heavily used documents;
  • Marketing teams can create asset apps to manage rich media assets like graphics, images, videos and more, making it easier to ingest, store, search, retrieve, and collaborate with users;
  • Legal teams can create contract apps to automate the extraction of metadata on agreements managed centrally on Box, with built-in expiration alerts and standardized processes to generate, review, approve and send contracts out for signature;
  • Accounting teams can create transaction apps that intelligently extract metadata from invoices, help map them to existing purchase orders, and efficiently manage the process of tracking transactions from approval to payment;
  • Sales teams can create account management apps that speed up deal cycles, enabling sellers to quickly find and retrieve NDAs, proposals, quotes, and contracts.

Customers on the Enterprise Advanced plan can also now unleash Box AI Studio, which enables businesses to create, test, and deploy custom AI agents tailored to their unique requirements, leveraging trusted LLMs like Azure OpenAI Service, AWS Bedrock, Anthropic’s Claude via AWS, and Google Cloud’s Vertex AI. With Box AI Studio:

  • Sales teams can create an agent that is customized with prompt instructions that will be able to help sales teams standardize the format for AI-generated contracts summaries, answer relevant and targeted questions on past contracts, customer data insights, while improving sales efficiency;
  • Marketing teams can create an agent that is customized with brand guidelines, target audience preferences, and content formats that will be able to help with generation of blog posts, social media content, and marketing copy that aligns with the company's messaging, and brand guidelines;
  • Customer Service teams can create an agent that is customized with prompt instructions that will be able to give employees accurate answers immediately based on product catalogs, customer data insights, and past interactions, while reducing response times dramatically;
  • HR teams can create an agent that is customized with company values and employee guidelines that will be able to enhance the candidate experience with timely follow-ups and provide insights from employee feedback and performance data;
  • Product teams can create an agent that is customized with product information – including current and future product offerings – that will be able to ingest feedback from customers, summarize gaps, and offer recommendations of knowledge-based articles that can help address customer questions.

To help businesses build more advanced workflow automation solutions, Box is also delivering Box Doc Gen via API to Enterprise Advanced customers, which automatically creates custom documents within Box by pulling data from third-party apps, custom apps, and metadata.

Transform Your Business with Intelligent Content Management

Box’s Intelligent Content Management is a comprehensive platform designed to empower organizations in managing their unstructured data effectively. It combines advanced collaboration tools, robust security measures, and enterprise-grade artificial intelligence within a flexible, cloud-based infrastructure. Box’s ICM facilitates seamless user experiences across devices while supporting compliance with industry standards. By integrating AI capabilities, Box’s ICM enables businesses to automate workflows, derive insights from content, and enhance overall productivity, making it the ideal solution for modern content management needs.

“Organizations are feeling the pressure to create more value from their unstructured data — at the same time the volume of that data is growing faster than ever,” said Melody Brue, VP & Principal Analyst at Moor Insights & Strategy. “To meet this challenge, they need scalable, AI-driven solutions with robust security that can empower users to generate insights. Box’s Enterprise Advanced plan, with features like AI Studio, AI-powered metadata extraction, and no-code intelligent apps, aims to address these needs by putting AI and workflow automation front and center for intelligent content management. This could make a big difference in how organizations get more value from their unstructured data, while also driving broader AI adoption and reducing risk by automating workflows.”

Availability

Enterprise Advanced provides customers with the full power of Box’s ICM platform in a single, comprehensive package. With the new Enterprise Advanced plan, customers gain access to the following features:

  • Box Apps, Box AI Studio, and Box Doc Gen via API:Generally available today;
  • 500GB File Size Support: Generally available today and is a significant increase from the 150GB limit on Enterprise Plus;
  • Box Forms and Enhanced Box Doc Gen Capabilities: Including native Box Doc Gen and support for Salesforce, currently in beta and expected to be generally available later in Q1 2025;
  • Box Archive: Currently in private beta, with general availability planned for Q2 2025.

To learn more, visit the Box blog.

Forward-Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding Box AI Studio, Box Apps, Box Doc Gen, Box Forms and Box Archive, their planned product introduction and product features, and the market adoption and benefits of such product introduction and features. There are a significant number of factors that could cause actual results to differ materially from the statements made in this press release, including: (1) adverse changes in general economic or market conditions; (2) Box’s ability to partner with third parties to integrate AI technologies with Box’s Intelligent Content Management platform; (3) delays or reductions in information technology spending; (4) the risk that Box’s customers do not renew their subscriptions, expand their use of Box’s services, or adopt new products or features offered by Box on a timely basis, or at all; (5) Box’s ability to provide timely and successful product introductions, enhancements, new features and modifications to its platform and services; and (6) actual or perceived security vulnerabilities in Box AI or other Box services or any breaches of Box’s security controls. Any unreleased services or features referenced in this or other press releases or public statements are not currently available and may not be delivered on time or at all. Customers who purchase Box products should make their purchase decisions based upon features that are currently available. Additional information on potential factors that could affect Box’s financial results is included in the reports on Forms 10-K, 10-Q and 8-K and in other filings Box makes with the Securities and Exchange Commission from time to time. These documents are available on the SEC Filings section of Box’s Investor Relations website located at www.box.com/investors. Box does not assume any obligation to update the forward-looking statements contained in this press release to reflect events that occur or circumstances that exist after the date on which they were made.

About Box

Box (NYSE:BOX) is the provider of the leading Intelligent Content Management platform, a single solution that enables organizations to fuel collaboration, manage the entire content lifecycle, secure critical content, and transform business workflows with enterprise AI. Founded in 2005, Box simplifies work for leading global organizations, including AstraZeneca, JLL, Morgan Stanley, and Nationwide. Box is headquartered in Redwood City, CA, with offices across the United States, Europe, and Asia. Visit box.com to learn more. And visit box.org to learn more about how Box empowers nonprofits to fulfill their missions.

PR
Dani Robin
press@box.com

Investor Relations
Cynthia Hiponia / Elaine Gaudioso
ir@box.com

Source: Box, Inc.