
Image source: inc.com
Box’s flourishing operations seem to counter the aforesaid grueling idea. Aaron W. Levi, the 28-year-old chief executive of the US-based privately held data storage firm, plans to take his business to a higher level by making a base to “capture other fast-growing markets for cloud-based data storage.” With this plan, new offices would be opened and more jobs would be created, which, in turn, might possibly attract more competitors, which also means more jobs in the future. Just this year, Box hired 40 more personnel to extend its American operation (which houses 700 employees) to London.

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But what prefigures Box’s European cloud adventure is beyond its personal company history: it only shows that the online business data storage and management industry is on its way to become a flourishing commerce. Box has shown many independent and privately owned cloud-computing and data storage companies that vying with industry giants like Amazon, IBM, Google, Microsoft, and Google does not mean an automatic business failure.

Image source: telefonica.com
Ron Hovsepian, a seasoned expert in data management, currently serves as the president, CEO, and director of IntraLinks, Inc. Visit this website for more updates on the online data management industry.