Google Provides Heavy Competition for Box
Today Google announced that its business-focused storage and collaboration product Google Drive for Work is seeing 1,800 new customers per week. Google also stated the service achieved 99.985% availability for the year. These metrics are impressive and should increase pressure on cloud storage competitors such as Box. Importantly, this news comes after Box’s amended S-1 filing and Q115 financial update on July 7, 2014.
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