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Box.net Plans Upgrade for Online Collaboration

Online storage and file-sharing provider Box.net plans to release on Thursday an upgrade that adds better features for people to collaborate on documents over the Web.

The new capabilities are expected to appeal to small businesses and work groups within larger organizations.

"When people connect within a business, it's around content -- what they're working on," Aaron Levie, chief executive of Box.net, said in a statement released Wednesday. "We're taking what we have -- a secure, intuitive content management tool -- and enhancing and building upon that connection between people."

According to
Gartner Inc. research supplied by Box.net, content, communications, and collaboration products account for the biggest share of the software-as-a-service market. The market segment is expected to more than double to $4.7 billion in 2012 from $2.1 billion in 2008.

New features in Box.net include the ability to set up for each employee a profile page that includes information on his or her role in current projects and latest activity on documents, such as editing, commenting on, or discussing. The page also includes contact information, such as e-mail and phone number.

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