Box AI, with Unlimited Access to Generative AI, Accelerates Adoption in Japan
06 Agosto 2024 - 9:00PM
Business Wire
Asahi Group, The Norinchukin Bank, and Hitachi
High-Tech Begin Company-Wide Deployment of Box AI to leverage
Unstructured Data
Box, Inc. (NYSE:BOX), the Intelligent Content Cloud, today
announced that Box AI for Documents and Notes is available with
unlimited queries for Enterprise Plus customers and is rapidly
growing in Japan. Asahi Group Japan, The Norinchukin Bank, and
Hitachi High-Tech Corporation rolled out Box AI company-wide and
are working to maximize the value of unstructured data, which
accounts for 90% of corporate data, by using generative AI within
Box with enterprise-grade security.
“With recent advances in generative AI technology, it is now
possible to leverage unstructured data across the enterprise in
ways that were not possible before,” said Katsunori Furuichi,
President and Representative of Box Japan. “Box launched general
availability of Box AI to Enterprise Plus customers in March of
this year. Box AI is of great interest to our customers for its
enterprise grade security and governance, as well as the
convenience of using generative AI directly within Box, the
repository of enterprise content. As announced on June 27th, 2024,
the user query limit has been removed, making it even easier for
customers to use Box AI. Later this year, we aim to provide Box AI
for Hubs to the public and implement more flexible workflow
automation features to create a world where unstructured data,
which until now has remained the knowledge of individuals, can be
leveraged as the knowledge of organizations.”
“Asahi Group Japan has introduced Box as a common platform for
the entire company to enhance data management and consolidate
unstructured data,” said Tomokazu Yamakawa, Executive Officer of
Digital Transformation, Asahi Group Japan. “We believe that Box AI
will be a service that allows companies to utilize the power of
generative AI in a secure way, as it can perform
question-and-answer and summary functions under the high security
and access privileges already provided by Box. With the release of
the unlimited user queries, we expect that the company-wide rollout
will be accelerated, leading to further utilization of internal
data and fostering a culture in which generative AI is used on a
daily basis.”
“The Norinchukin Bank is working to centralize its content on
Box with the aim of consolidating the vast amount of data scattered
across various systems within the bank,” said Yuji Hanba, Director
and Managing Executive Officer, Chief Information Officer, The
Norinchukin Bank. “We believe that Box AI has low barriers to
adoption in that it can leverage content already stored in Box, and
also allows unlimited use of the generative AI features within an
existing plan. In addition, the Bank is currently using the beta
version of the Box AI API, and has been able to quickly integrate
Box AI functionality into its independently developed regulation
browsing system at an early stage. Until now, a huge amount of time
has been spent searching for information in files and pages, but
Box AI will enable us to extract appropriate information from
multiple files, and we expect to greatly reduce the amount of labor
required to search for and check information on regulated
documents.”
“Hitachi High-Tech introduced Box in 2018 and currently has more
than 14,000 users globally utilizing over 900 million files of
content,” said Yuji Kanenari, General Manager of Cross Domain
Platform Division at the Digital Transformation Business Group,
Hitachi High-Tech Corporation. “From July 2024, we started to
deploy Box AI to our users as a standard AI tool to further improve
productivity, including secure AI summarization of highly
confidential technical documents in our possession and more
efficient production of documents generated in our daily business
operations. In the future, we will utilize Box AI for Hubs to
promote the efficient and speedy use of knowledge within a large
volume of content using AI.”
Box AI Powers Intelligent Content Management
Box AI leverages the power of generative AI to bring
foundational AI models to the Box Content Cloud – where more than
115,000 enterprises already secure, store, and collaborate on their
critical business content. Guided by its AI Principles, Box has
built Box AI on the company’s platform-neutral framework, designed
to connect with today’s most powerful large language models,
including Microsoft’s Azure OpenAI Service and Google Cloud’s
Vertex AI - with more model integrations to come.
Box will continue to evolve its powerful and scalable
capabilities to maximize the value of enterprise content and help
organizations transform the way they work.
About Box
Box (NYSE:BOX) is the Intelligent Content Cloud, a single
platform that enables organizations to fuel collaboration, manage
the entire content lifecycle, secure critical content, and
transform business workflows with enterprise AI. Founded in 2005,
Box simplifies work for leading global organizations, including
AstraZeneca, JLL, Morgan Stanley, and Nationwide. Box is
headquartered in Redwood City, CA, with offices across the United
States, Europe, and Asia. Visit box.com to learn more. And visit
box.org to learn more about how Box empowers nonprofits to fulfill
their missions.
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Misato Saho E-mail: press@box.com
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