![]() Vendors may not even realize the amount of "partners" they're working with to secure Dropbox for Business and other similar cloud storage products. The Dropbox economy hasn't only provided additional revenue streams for vendors it also allows opportunities for the industry to collaborate. One could say we are living in a Dropbox economy. The resulting revenue stream isn't unlike the economy Facebook created in its wake as it jumped from consumer to enterprise use. ![]() In Dropbox's case, lack of IT oversight raised potential regulatory compliance and security issues, because content could easily escape the enterprise.Īs Dropbox became a staple app for business users, security companies jumped at the chance to turn the security "wrongs" to "rights" and created complementary (and at times, competitive) solutions to better protect users' data stored within the Dropbox cloud. The service became a stark example of shadow IT, or IT functions operating without the knowledge of IT pros. Upon being (informally) introduced to the enterprise, Dropbox's popularity within businesses spread. The service caught on like wildfire, and it wasn't long before consumers started to recognize its potential business benefit. In 2007, consumers were introduced to Dropbox-a cloud-based offering intended for file storing and sharing.
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