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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Dropbox Inc | NASDAQ:DBX | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.10 | 0.43% | 23.59 | 23.59 | 23.98 | 23.7625 | 23.365 | 23.74 | 2,373,671 | 22:57:44 |
Today at its inaugural Work in Progress user conference, Dropbox (NASDAQ: DBX) revealed its vision for the smart workspace—a digital environment that brings all of a team’s content together with the tools they love, helping users cut through the clutter and surfacing what matters most. In a world where using technology at work can be fragmented and distracting, the smart workspace makes it easy to focus on the work that matters.
The smart workspace comes to life with today’s launch of Dropbox Spaces, the evolution of the shared folder into a collaborative workspace. Dropbox Spaces is now part of the new Dropbox, announced earlier this year, and also includes new features developed through the company’s machine intelligence platform, DBXi. In addition, the company added several new collaboration features across Dropbox surfaces including desktop, mobile, and web apps.
“We’re building the smart workspace because we need technology that helps us quiet the noise, rather than contributing to it,” said Drew Houston, CEO, Dropbox. “This starts with the launch of Dropbox Spaces, which brings together your most important content and tools into one organized place, so you can stay focused and in sync with your team.”
“It’s increasingly evident that modern knowledge workers are bombarded with needlessly distracting notifications that stop them from getting work done,” said analyst Chris Marsh, Research Director, Workforce Productivity and Compliance, 451 Research. “451 Research’s survey data shows that only a third of employees are very satisfied with their work applications. The sheer volume of apps they need to use is the biggest overall pain point. Dropbox’s new smart workspace will help address this issue by combining cloud content, platform services, machine intelligence and a collaborative user experience in one central location.”
The company also announced that its new desktop app—previously available in early access—is now generally available and rolling out starting today. The desktop app also includes Dropbox Spaces and several new features, highlighted below.
Be organized
New features across the Dropbox workspace that support better organization include:
Stay focused
The Dropbox workspace now includes a For you tab within Dropbox in the Windows system tray and macOS menu bar. It uses machine intelligence to surface personalized suggestions and details to make users’ work lives easier. As with other DBXi features, the For you tab gets smarter over time the more users interact with it. New smart features include:
Get in sync
New integrations and features to help teams stay coordinated have also been added to the workspace, including:
Simplify team management
The company also released several features for IT administrators to help businesses ensure they’re delivering a secure and agile work environment. New features include:
More details on Dropbox Spaces and new features announced today can be found at dropbox.com/features/new.
Other Resources
About Dropbox
Dropbox is the world’s first smart workspace that helps people and teams focus on the work that matters. With more than 500 million registered users across 180 countries, we’re on a mission to design a more enlightened way of working. Dropbox is headquartered in San Francisco, CA, and has 12 offices around the world. For more information on our mission and products, visit dropbox.com.
Forward-Looking Statements Disclosure
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 related to potential future offerings and features. The achievement or success of the matters covered by such forward-looking statements involves risks, uncertainties, and assumptions. These include, among other things, our ability to (i) continue to release, gain customer acceptance of, and provide support for, additional product features and new and improved versions of our services and (ii) realize benefits from strategic partnerships. If any such risks or uncertainties materialize or if any of the assumptions prove incorrect, the company’s results could differ materially from the results expressed or implied herein. Any unreleased services or features referenced in this or other press releases or public statements are not currently available and may not be delivered on time or at all. Words such as “will,” “can,” and similar expressions are intended to identify forward-looking statements. Customers who purchase our services should make their purchase decisions based upon features that are currently available. Additional factors that could cause results to differ materially from those described above can be found in Dropbox’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2019, which is on file with the Securities and Exchange Commission (the “SEC”) and in other documents Dropbox files with the SEC. If the risks materialize or assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. Dropbox assumes no obligation to, and does not currently intend to, update any such forward-looking statements after the date of this release, except as required by applicable law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190925005247/en/
Media: Stacey Johnson press@dropbox.com
or
Investors: Darren Yip ir@dropbox.com
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