{"id":1603,"date":"2016-07-21T16:43:49","date_gmt":"2016-07-21T20:43:49","guid":{"rendered":"https:\/\/rehack.com\/uncategorized\/will-dropbox-5-years\/"},"modified":"2024-09-13T11:21:32","modified_gmt":"2024-09-13T15:21:32","slug":"where-will-dropbox-be","status":"publish","type":"post","link":"https:\/\/rehack.com\/tech-explained\/where-will-dropbox-be\/","title":{"rendered":"Where Will Dropbox Be in 5 Years?"},"content":{"rendered":"<!-- Start Block: core\/paragraph -->\n\n<p>Cloud storage services are a big deal these days, especially since everyone has pretty much shifted to mobile. Aside from the obvious use \u2014 to store personal content \u2014 these services also allow users to share and access files between devices. But, where will Dropbox be in five years?<\/p>\n\n<!-- End Block: core\/paragraph -->\n\n<!-- Start Block: core\/paragraph -->\n\n<p><a href=\"https:\/\/experience.dropbox.com\/resources\/team-productivity\">Dropbox is one such service<\/a> that has become incredibly popular for its versatility. You can use it like any other cloud storage service, but what makes it most interesting is the option to use third-party apps and tools.<\/p>\n\n<!-- End Block: core\/paragraph -->\n\n<!-- Start Block: core\/paragraph -->\n\n<p>For example, with&nbsp;Desktoppr, you can download and store wallpaper images via your Dropbox. You can then set the downloaded folder as your wallpaper directory for Windows. Dropbox will automatically download any new files to the local folder when you have the app open.<\/p>\n\n<!-- End Block: core\/paragraph -->\n\n<!-- Start Block: core\/heading -->\n\n<h2 class=\"wp-block-heading\">A Productivity Booster<\/h2>\n\n<!-- End Block: core\/heading -->\n\n<!-- Start Block: core\/paragraph -->\n\n<p>This is just one way to use the service, and there are many others. More importantly, Dropbox can help improve productivity for many of its users.<\/p>\n\n<!-- End Block: core\/paragraph -->\n\n<!-- Start Block: core\/list -->\n\n<ul class=\"wp-block-list\"><!-- Start Block: core\/list-item -->\n\n<li>Files \u2014 including important business files \u2014 are always up-to-date and available in the cloud<\/li>\n\n<!-- End Block: core\/list-item -->\n\n<!-- Start Block: core\/list-item -->\n\n<li>Third-party apps allow for automation and quick access<\/li>\n\n<!-- End Block: core\/list-item -->\n\n<!-- Start Block: core\/list-item -->\n\n<li>Cross-platform support means no need to transfer files between devices, just log in and access them wherever you are<\/li>\n\n<!-- End Block: core\/list-item -->\n\n<!-- Start Block: core\/list-item -->\n\n<li>Dropbox includes built-in tools like a word processor, spreadsheet program and more<\/li>\n\n<!-- End Block: core\/list-item --><\/ul>\n\n<!-- End Block: core\/list -->\n\n<!-- Start Block: core\/paragraph -->\n\n<p>But if we&#8217;ve learned anything from the ever-changing world of tech, it&#8217;s that we must weigh the impact of adopting a service such as Dropbox. By investing heavily in the service, we could be opening ourselves up to future troubles.<\/p>\n\n<!-- End Block: core\/paragraph -->\n\n<!-- Start Block: core\/paragraph -->\n\n<p>Where will Dropbox be just five years from now? What will happen to our stored data, files and content?<\/p>\n\n<!-- End Block: core\/paragraph -->\n\n<!-- Start Block: core\/image -->\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/rehack.com\/wp-content\/uploads\/2020\/09\/dropbox.jpg\"><img decoding=\"async\" src=\"https:\/\/rehack.com\/wp-content\/uploads\/2020\/09\/dropbox.jpg\" alt=\"dropbox\" class=\"wp-image-1351\"\/><\/a><\/figure>\n\n<!-- End Block: core\/image -->\n\n<!-- Start Block: core\/paragraph -->\n\n<p><\/p>\n\n<!-- End Block: core\/paragraph -->\n\n<!-- Start Block: core\/heading -->\n\n<h2 class=\"wp-block-heading\">Where Will Dropbox Be in 5 Years?<\/h2>\n\n<!-- End Block: core\/heading -->\n\n<!-- Start Block: core\/paragraph -->\n\n<p>Without compelling evidence, there&#8217;s no way to know what&#8217;s going to happen in the future.<\/p>\n\n<!-- End Block: core\/paragraph -->\n\n<!-- Start Block: core\/paragraph -->\n\n<p>Luckily,&nbsp;there are several happenings that lend credence to the idea Dropbox will be smooth sailing for years to come.<\/p>\n\n<!-- End Block: core\/paragraph -->\n\n<!-- Start Block: core\/heading -->\n\n<h2 class=\"wp-block-heading\">Dropbox Is Growing<\/h2>\n\n<!-- End Block: core\/heading -->\n\n<!-- Start Block: core\/paragraph -->\n\n<p>According to the company, its user-base is bigger than ever. With <a href=\"https:\/\/blogs.dropbox.com\/dropbox\/2016\/03\/500-million\/\">half a billion standard users<\/a>, and well over 200,000 business customers, there&#8217;s no shortage. But this also led to a unique business strategy.<\/p>\n\n<!-- End Block: core\/paragraph -->\n\n<!-- Start Block: core\/paragraph -->\n\n<p>Companies&nbsp;<a href=\"http:\/\/fortune.com\/2016\/02\/25\/yes-banks-do-use-aws\/\">are shifting from&nbsp;their own data centers to using Amazon&#8217;s public cloud<\/a>, but Dropbox has done the opposite. Dropbox announced&nbsp;<a href=\"http:\/\/www.wired.com\/2016\/03\/epic-story-dropboxs-exodus-amazon-cloud-empire\/\">90 percent of its IT infrastructure&nbsp;moved<\/a>&nbsp;from Amazon&#8217;s cloud services to a proprietary data center.<\/p>\n\n<!-- End Block: core\/paragraph -->\n\n<!-- Start Block: core\/paragraph -->\n\n<p>The move improves performance for Dropbox users accessing their files. This is possible because the company built a high-performance network to meet its unique needs.<\/p>\n\n<!-- End Block: core\/paragraph -->\n\n<!-- Start Block: core\/paragraph -->\n\n<p>It also saves money, at least when it comes to operating costs.<\/p>\n\n<!-- End Block: core\/paragraph -->\n\n<!-- Start Block: core\/heading -->\n\n<h2 class=\"wp-block-heading\">Dropbox Valuations Take a Hit<\/h2>\n\n<!-- End Block: core\/heading -->\n\n<!-- Start Block: core\/paragraph -->\n\n<p>Despite promising growth trends, Fidelity Investments marked down the valuation of its tech&nbsp;<a href=\"http:\/\/www.wsj.com\/articles\/fidelity-marks-down-startups-including-dropbox-zenefits-1459346847\">shares in Dropbox by&nbsp;20 percent<\/a>. Clearly, this shows Dropbox will be in hot water soon, right? Wrong.<\/p>\n\n<!-- End Block: core\/paragraph -->\n\n<!-- Start Block: core\/paragraph -->\n\n<p>Drew Houston, the CEO of Dropbox, <a href=\"http:\/\/www.businessinsider.com\/dropbox-ceo-fund-markdowns-like-asking-steph-curry-accountant-about-warrirors-2016-7?r=UK&amp;IR=T\">says&nbsp;the situation is just \u201csilly\u201d<\/a>&nbsp;and the markdowns hardly represent a company\u2019s strength. He says it makes more sense to structure the valuation to represent a company\u2019s performance over the next five years. He notes that building the company in the long term is of more interest to investors than short-term valuation.<\/p>\n\n<!-- End Block: core\/paragraph -->\n\n<!-- Start Block: core\/paragraph -->\n\n<p>It\u2019s obvious Houston has confidence in the company\u2019s long-term performance. That coupled with everything else going on likely means there\u2019s nothing to worry about.<\/p>\n\n<!-- End Block: core\/paragraph -->\n\n<!-- Start Block: core\/paragraph -->\n\n<p>Your Dropbox stored data isn\u2019t going anywhere.<\/p>\n\n<!-- End Block: core\/paragraph -->","protected":false},"excerpt":{"rendered":"","protected":false},"author":2,"featured_media":362,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_wpscp_schedule_draft_date":"","_wpscp_schedule_republish_date":"","_wpscppro_advance_schedule":false,"_wpscppro_advance_schedule_date":"","_wpscppro_dont_share_socialmedia":false,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"","_twitter_share_type":"","_linkedin_share_type":"","_pinterest_share_type":"","_linkedin_share_type_page":"","_instagram_share_type":"","_medium_share_type":"","_threads_share_type":"","_google_business_share_type":"","_selected_social_profile":[],"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[236],"tags":[4,48],"class_list":["post-1603","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech-explained","tag-productivity","tag-software"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Where Will Dropbox Be in 5 Years? - ReHack<\/title>\n<meta name=\"description\" content=\"If the site disappears, what happens to data? 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