Speculations have it that Box Inc (NYSE:BOX) can potentially integrate Alphabet Inc (NASDAQ:GOOGL) Google Cloud Platform in its services along with Amazon.com, Inc. (NASDAQ:AMZN) Amazon Web Services (AWS) and International Business Machines Corp. (NYSE:IBM) (IBM) IBM Cloud.
Cloud Services Integration
Aaron Levie, Box CEO, and Diane Greene, Google Cloud Platform CEO, are expected to reveal significant hints next week at the BoxWorks event.
Presently, Box users— particularly those who are outside the US— can already tap the cloud services of Amazon.com and IBM under the Box Zones offering. According to Levie, the cloud services of the two companies have been selected for their exceptional and proven cloud-computing capabilities. The third-party cloud collaborations do not, however, end there necessarily.
Previously, Box has relied on its own data center facilities. It was only earlier this year that the company had become open to the idea of teaming up with other cloud providers, taking advantage of their infrastructure around the world.
Some countries such as Germany and Switzerland mandate that the data of citizens must be kept in the country of origin. The deal between Box and Amazon.com permits this directive, as had been revealed in April. For example, the cloud platform enables a Germany-based company to store its data at the Germany-based data center as well. In June, Box had struck the same deal with IBM.
These partnerships are significant because they mean that Box no longer needs to establish data facilities in every country.
Box and Google
Presently, Box is already in respective partnerships with Google and Microsoft Corporation (NASDAQ:MSFT) for Box file sharing using their respective productivity apps. Moreover, Box is also working with Google on mobile security on Android and on Google Chrome integration. Levie has emphasized that there is more room for Box to expand its partnership with the technology giant, especially as time passes.
An extended partnership between Box and Google is a win-win situation for both parties. The former can provide its customers with more reliable and cost-efficient options while the latter can attract more users for its cloud services.
1 Chart Pattern Every Investor Should Know
This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...