Cloud Storage Startups Join the Big League
Personal cloud storage and sharing firms Box and Dropbox are hopeful to go public next year as reported in a recent article in USA Today.
How can consumers gain access to documents, photos, music and videos regardless of what device they are using, wherever they are? This was the question addressed by Dropbox despite the presence of larger competitors such as:
- Apple’s iCloud
- Amazon Services
- Microsoft Skydrive
The start-up still managed to capture more than 50 million users. Not far from this success story is fellow start-up Box, that has earned more than 9 million users even though it has bigger competitors like:
- File Trek
- Yousendit
- Microsoft Sharepoint
Though there is the challenge of competing against many “Goliaths” in the estimated $1.4B personal cloud storage market, these start-ups remain optimistic as 90% of Corporate America is projected to use this technology within the next three years.
This projection paves the way for Box to be the next great enterprise software company and for Dropbox to build the next Apple or Google.
Read more about start-ups Dropbox and Box and see how much they have accomplished in their respective industries. Visit USA Today now.
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