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Regulation

Box Debuts Internationalized, Localized Data Storage for Regulatory Compliance

LONDON -- Today at Box World Tour Europe, Box (NYSE:BOX) announced Box Zones to provide enterprises with the choice to store data regionally across Europe and Asia. Box Zones will help businesses centralize critical content and enhance productivity, while addressing local data storage requirements. By leveraging Amazon Web Services (AWS) and IBM Cloud, Box Zones will allow content in Box to be stored in Germany, Ireland, Singapore and Japan based on customer needs. Box Zones joins services like Box KeySafe and Box Governance as the latest way that Box provides customers with choice and flexibility in how they deploy Box.

"Businesses today are more connected, collaborative and global thanks to the power of the cloud," said Aaron Levie, co-founder and CEO of Box. "Yet for many companies, local laws and regulations have forced them to make technology tradeoffs that limit their success and place a drag on employee productivity and collaboration. Box Zones will help power digital transformation for enterprise customers across Europe and Asia and accelerate our international presence."

Today, more than 57,000 businesses, including 59% of the Fortune 500 rely on Box for secure content management and collaboration. Multi-national businesses like Amadeus, AstraZeneca, Eli Lilly, General Electric, P&G and Schneider Electric have teams spanning the globe that require secure international collaboration to be successful.

"At Royal HaskoningDHV, we have more than 6,500 employees around the world and Box Zones addresses many of the major challenges that we face," said Roland Daane, Corporate Information Manager, Royal HaskoningDHV. "With this news, we're thrilled that Box is giving us even more choice around how we control and secure our content. This lets us focus on our goal of combining global expertise with local knowledge to deliver a multidisciplinary range of consultancy services in over 150 countries."

Box Zones will support the needs of customers that require regional content storage without sacrificing any of Box's modern collaboration features like document watermarking, granular permission controls, commenting and tasks, wide-ranging file preview, as well as deep integrations with the tools businesses use the most, like Office 365 and Salesforce.

Pricing and Availability
Box Zones is scheduled to be available next month for an additional fee and leverages Amazon S3 on AWS Regions in Germany, Ireland, Japan and Singapore. Box Zones is also scheduled to be available via IBM Cloud in Europe and Asia later this year for an additional fee.

Row3n 1/4/2017 | 1:08:16 AM
Hi I personally think that there is still a lot of stigma amongst  businesses, especially in the finance industry, when it comes to storing company data on cloud or networked storage systems. There are a lot of security issues that need to be addressed before a lot of them will be won over when it comes to appointing a third party provider for such services.
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