Unlocking the Value of Dormant Data with Box’s New AI Features
In the realm of data management, the untapped potential of dormant information poses a significant challenge for organizations. Box, a leading cloud service provider, has recently unveiled new AI features aimed at addressing this issue. During its recent BoxWorks event, the company introduced innovative tools designed to extract and comprehend previously inaccessible data stored within documents and files.
According to Box, as much as 90% of data within companies remains unused, buried in a jumble of unstructured files. This unutilized information represents a vast reserve of untapped resources that could enhance organizational workflows and boost productivity. Box’s new AI capabilities promise to unearth this dormant data, transforming it into actionable insights that drive efficiency and innovation.
Box’s Chief Technology Officer, Ben Kus, highlights the transformative power of AI in unlocking the value of unstructured data. By leveraging advanced algorithms and reasoning capabilities, Box Extract delves deep into disparate data sources, extracting relevant information, and restructuring it for meaningful analysis. This process not only streamlines data organization but also facilitates the discovery of valuable correlations and patterns.
One of Box’s standout features, Box Shield Pro, focuses on enhancing data security and privacy. By harnessing the power of AI, this security tool automates the classification and labeling of sensitive content, bolstering manual controls and safeguarding against misuse or unauthorized access. Particularly crucial for industries like finance and healthcare, Box Shield Pro offers advanced threat analysis capabilities to combat evolving cybersecurity challenges.
The integration of AI into data management solutions signifies a paradigm shift in how organizations leverage their digital assets. By automating data processing, classification, and threat detection, AI-driven tools like Box Extract and Box Shield Pro empower businesses to unlock the full potential of their data reservoirs while ensuring robust security measures are in place.
Looking ahead, Box Extract will be available to Enterprise Advanced plan customers in the near future, while Box Shield Pro will be offered as an add-on for select subscription tiers later this year. These advancements underscore Box’s commitment to equipping organizations with the tools needed to navigate the complexities of modern data management and security.
In a rapidly evolving digital landscape, where data is the lifeblood of business operations, harnessing the power of AI to unlock dormant data presents a strategic advantage. By embracing innovative solutions like those offered by Box, organizations can position themselves at the forefront of data-driven decision-making and secure their digital assets against emerging threats. As the era of AI-driven data management unfolds, Box’s new features herald a transformative journey towards unlocking the full potential of dormant data resources.