Box vs Egnyte

August 26, 2023 | Author: Adam Levine
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Box
Box offers free cloud storage and file sharing services that enables you to securely share and access files online. Companies rely on Box because it's secure, works on any device and scales to meet the needs of small businesses and Fortune 500 companies.
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Egnyte
Egnyte Cloud File Server addresses the critical infrastructure needs of businesses - file storage, backup, sharing and collaboration - in one secure, centrally-managed and easy-to-use solution. In combination with its Local Cloud technology, Egnyte enables fast local edit capabilities and offline access to your files.
Box and Egnyte are both cloud-based file storage and collaboration platforms, but they have distinct differences in their features and focus. Box is a widely used file sharing and content management platform that offers features such as file storage, sharing, collaboration, and workflow automation. It focuses on providing a robust and secure platform for businesses to store and manage their files, with features like granular access controls, version history, and integration with third-party applications. Box is known for its strong security measures and compliance capabilities, making it popular among organizations with strict data security requirements. On the other hand, Egnyte is also a comprehensive file sharing and collaboration platform that caters to enterprise needs. It offers features such as file storage, sharing, synchronization, and advanced security controls. Egnyte emphasizes hybrid deployment options, enabling organizations to store sensitive data on-premises while leveraging cloud-based collaboration features. Egnyte is particularly suitable for businesses that require a hybrid approach to data storage and collaboration.

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Box vs Egnyte in our news:

2023. Box announces Hubs, a custom portal to share specialized content



Box has introduced Hubs, a novel tool tailored for crafting centralized microsites to share specific types of content. Essentially, Box Hubs enables users to curate content from their Box account and disseminate it to their chosen audience in a customized and curated manner within their business. The potential applications for this tool are virtually limitless. It manifests as a specialized portal intended to house items such as HR policies, brand assets, or the most recent pricing details for a sales team. In conventional files and folders, these scenarios might lose their clarity, but within a portal, their purpose remains evident. The hub format offers a meticulously curated set of information for easy searchability—a concept that Box co-founder Levie acknowledges was not fully explored until the emergence of ChatGPT last year.


2023. Egnyte is bringing generative AI capabilities for secure content collaboration



Cloud storage service Egnyte has introduced a new generative AI tool - a ChatGPT-like interface where customers can interact with the content stored in Egnyte to do things like create summaries of documents or review transcripts of video and audio to generate a list of key points or summaries. The company isn’t new to AI, but in the past, as with many enterprise companies announcing generative AI this year, it was taking care of background tasks like privacy, security and infrastructure management. In the future, the company plans to allow customers to query across a set of documents in a single folder or across multiple folders to locate content related to a particular subject, and that will bring powerful search capabilities to the content repository.


2021. Box acquires eSignature startup SignRequest for new content workflows



Box has announced its acquisition of SignRequest, an e-signature startup, for a sum of $55 million. This strategic acquisition fills a crucial gap in Box's offerings, providing the company with a native signature component that was previously absent from its platform. By incorporating SignRequest's technology, Box gains the ability to offer seamless e-signature capabilities directly within its platform, enabling new workflows and enhancing user experiences. The importance of remote work has become increasingly evident, particularly during the pandemic, as it offers enhanced safety and flexibility. Even in a post-pandemic world with a return to more face-to-face interactions, the ability to perform tasks entirely in the cloud and eliminate paper-based workflows will significantly accelerate processes and enhance overall efficiency.


2020. Egnyte introduces new features to help deal with security/governance during pandemic



Egnyte is planning to introduce new features designed to assist companies in managing files effectively amidst the challenges posed by the pandemic. One of the key additions is the introduction of a feature called Smart Cache, which ensures that the frequently accessed content by individual users is readily available whenever they require it, regardless of its storage location. Additionally, Egnyte is launching an email governance tool that actively monitors the content, scanning it for known malware and ransomware. If any potentially harmful files are detected, the tool prevents their distribution, ensuring enhanced security measures.


2020. Box adds new collaboration capabilities



In response to the ongoing pandemic, Box is introducing new collaboration features. One of the key updates includes a cleaner interface, enhancing user interactions and file sharing capabilities. Additionally, Box is introducing a feature called Collections, which empowers users to organize their files and folders in a manner that suits their specific needs. This organizational structure is customizable on an individual basis. Furthermore, Box is incorporating an annotations capability, enabling users to easily add comments to files, either as a single editor or in a group discussion. Similar to collaboration tools in Google Docs, this functionality facilitates remote real-time commenting on any document, which is particularly valuable in the current environment. Lastly, Box allows external partners and customers to share files via a dedicated landing page, enhancing collaboration and information exchange.


2020. Box adds automated malware detection to Box Shield security product



Box has introduced automated malware detection tools to enhance Box Shield, its security offering unveiled in the previous year. The company is employing a three-fold strategy with this solution. Firstly, users will be able to preview files without the need to download them, while receiving indications of any associated risks. Secondly, the system will proactively block the downloading of files that contain malware. Lastly, the security team will be promptly notified when a malware-infected file is uploaded to Box.


2018. Egnyte releases one-step GDPR compliance solution



Egnyte has introduced a new feature to assist customers in adhering to the GDPR privacy regulations that recently came into effect in Europe. By simply enabling the "Identify sensitive content" feature and selecting the desired compliance rules, including GDPR, users can initiate a comprehensive scan of all their repositories. The system will identify content that falls under the sensitive category according to GDPR guidelines. The service will provide a list of files and assign them a risk factor ranging from 1 to 9, with 1 indicating the lowest risk and 9 indicating the highest. Depending on your preferred level of compliance tolerance, you have the flexibility to configure the program to display specific files.


2018. Box acquired workflow automation startup Progressly



Box has recently acquired Progressly, a startup specializing in workflow management. In 2016, Box introduced its own workflow tool called Box Relay, in collaboration with IBM, targeting large enterprises. While Box Relay has proven valuable for well-defined processes within companies, such as contract management or employee onboarding, Box aims to expand its capabilities and create a wider range of workflows. The addition of the Progressly team to Box's workforce will facilitate this expansion. With their expertise, Box will be able to develop workflows that not only operate within the Box platform but also integrate with external workflow engines like Pega and Nintex. This integration will enable the creation of more complex automation scenarios using the comprehensive suite of Box tools and services. Such workflows can involve both internal employees and external organizations, allowing for sophisticated content movement and management beyond the capabilities of Box Relay.


2017. Box applied AI to content management



Box has recently introduced Skills and its accompanying SDK, known as Skills Kit. These new offerings empower organizations and developers to extract valuable insights from their extensive content repositories within Box datasets, utilizing machine learning techniques to unlock the inherent commercial value of their content. Box is currently showcasing three initial Box Skills, leveraging machine learning tools from Google Cloud and Microsoft Azure to address common business use cases. These include image recognition, which involves detecting objects and concepts within image files, performing optical character recognition (OCR) to extract text, and automatically assigning keyword labels to images for efficient metadata creation. Additionally, Box Skills encompass audio transcription and analysis, enabling the creation and indexing of text transcripts from audio files for seamless search and manipulation across various use cases. Lastly, video indexing employs text transcription, topic detection and indexing, and facial recognition to analyze video files comprehensively.


2017. Box introduced Box Elements - pre-packaged content services for developers



Box has unveiled a new developer tool called Box Elements, consisting of pre-packaged application components aimed at providing Box functionality through minimal lines of code. Over time, Box intends to offer three categories of Elements: UI, app, and services. The initial release focuses on the UI components, encompassing various functionalities. These include Content Uploader, which facilitates drag and drop file capability within any application; Content Explorer, allowing developers to embed Box file navigation into their applications; Content Preview, enabling the display of over 120 file types, including interactive video, within an application; and Content Picker, which empowers developers to integrate file picking capability within an application. While these capabilities may not appear groundbreaking, developing them from scratch would consume considerable development time. Box's offering allows for swift implementation without the need for extensive content expertise, enabling developers to expedite their projects.

Author: Adam Levine
Adam is an expert in project management, collaboration and productivity technologies, team management, and motivation. With an extensive background working at prestigious companies such as Microsoft and Accenture, Adam's in-depth knowledge and experience in the field make him a sought-after professional. Currently, he has ventured into entrepreneurship, owning a thriving consulting and training agency where he imparts invaluable insights and practical strategies to individuals and organizations, empowering them to achieve their goals and maximize their potential. You can contact Adam via email adam@liventerprise.com