Box Introduces New Flexible Pricing Model for Box Platform
April 25 2017 - 11:00AM
Business Wire
Box, Inc. (NYSE:BOX), a leader in cloud content management,
today announced a new subscription-based pricing model for Box
Platform. Available today, the new Box Platform pricing model
offers both flexibility and predictability to meet the needs of
businesses and organizations of all sizes.
“We’ve combined the best qualities from various pricing models
to reduce the friction for businesses of any size to start building
on Box Platform,” said Jeetu Patel, CSO and SVP of Box Platform.
“On the one hand, emerging businesses and start-ups need flexible
pricing that makes it easy to scale as their company grows. On the
other hand, enterprise buyers prefer predictability to simplify
planning. Box Platform now offers the best of both worlds, changing
the game in cloud content management and making it easier than ever
for developers to create engaging and immersive new experiences
around content in their applications.”
Under the new pricing model, Box Platform is licensed based on
active usage of an application each month. Businesses license
bundles of resources, which include monthly active users (MAUs),
monthly API calls, monthly bandwidth, and total storage, and only
license the number of bundles required to support their
application's usage each month. This new model reduces friction for
businesses to get started and provides flexibility for businesses
to license additional resources as adoption grows, while still
offering predictable annualized contracts for enterprise
buyers.
The new Box Platform pricing model provides businesses with:
- Scalability, as businesses will
only license the amount of resources their application will utilize
each month and can license additional resources as adoption
grows.
- Customizability with the ability
to license resources a la carte to fit an application's needs, even
licensing outside of the bundles structure for back-office use
cases that do not require user licenses.
- Predictability with annualized
contracts that normalize usage over the entire contract term to
account for periods of growth and seasonality. If a business
exceeds their resource entitlements, they will simply true-up at
their current usage in the next contract term.
Starting today, Box Platform is available starting at $500 per
bundle per month. Box will continue to offer a free Developer plan
which is ideal for experimentation and non-production use. For more
information, please visit the Box Platform pricing page.
About Box
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 71,000 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/.
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version on businesswire.com: http://www.businesswire.com/news/home/20170425005646/en/
Box PRAshley McClusky, 650-543-6926ashley@box.comorBox
IRStephanie Wakefieldswakefield@box.com
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