Document metadata processing and visualization for decision making in large organizations
Example: Financial organization such as a bank, needs to process a new loan. They will need to process income verification, identity verification, and other documents. The bank representative receiving this information must validate these documents, so the metadata pulled from these documents should be easily exported into a friendly format, such as excel.
This will allow bank representative to easily approve or deny the loan, and can be automated using Box Relay.
This is a killer application, because it will increase the efficiency of document processing, and will speed up and automate the work of many employees. This will shift Box from a core business of file storage and file sharing, to a more meaningful business of data analytics and business processes. This will greatly increase the value proposition of the Box product, especially to larger organizations and banks that handle large amounts of paperwork and documents. As Aaron Levie has mentioned, Box strives to become a platform for enterprise business, like Salesforce, on which 3rd party developers can build applications and processes. This has the potential to massively increase the revenue and growth of Box.
In fact, a young company has developed a similar product: Instabase
https://www.youtube.com/watch?v=Y2YvQTAFmnQ&ab_channel=InstabaseInc.
In addition, this can extend far beyond financial applications. Organizations with a large amount of paperwork and forms, such as apartment rental agreements, job applications, hand-written feedback forms, driver license verification, etc...
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