$BOX CEO on their AI solutions: 

"The first is the core Box AI interactions that we've already launched with single documents or hubs. So this is where you can really kind of talk to your data for the first time ever. get summarization of information quickly get insights from leading AI models around your content. So this is a breakthrough capability for end-user productivity. It just makes it easier to work with your content. And then hubs let you really kind of search across and ask questions of a large amount of data. So that's been the initial catalyst of growth with Enterprise Plus because those capabilities are included on an unlimited basis for Enterprise Plus. And that's been certainly encouraging customers to double down more with Box and move from legacy systems. I think the biggest kind of breakthrough in terms of replacing legacy enterprise content management environments will be some of the initial announcements that we had at BoxWorks where you can begin to extract metadata from your documents using AI. And then once you have that metadata or structured data in our system, you can begin to automate workflows within Box much more easily and more seamlessly. 

So being able to, for the first time ever, at really kind of any kind of scale, extract any type of structured data from contracts or invoices or digital assets or loan agreements -- all of that data going into boxes, metadata store, then lets you either turn those into Box Apps, which gives you custom metadata views or automated workflows or even embedding that data into third-party applications like Salesforce or other systems. So that really kind of goes at the heart of traditional enterprise content management because you have so many of these environments where customers need to be able to manage their documents in a compliant way tied to a workflow and the legacy approaches to getting the metadata out of those documents either was through traditional RPA systems, OCR technology or you had to do a lot of it by hand. So AI really is the first time that we can do that at scale in a much more accelerated fashion. And I think that will drive much more growth of these kind of traditional ECM takeouts."
#BOX