Box changes pricing model to “microtransactions”

Exactly the model described in “Consumption Economics” (see earlier post) — cloud provider Box is moving from a straight monthly access fee to one based on actual user activity.

The way enterprise software companies make money is changing. For Box, a much-watched upstart that filed to go public earlier this week, the change couldn’t come at a better time.

At Box Dev 2014, its developer conference in San Francisco, executives from the online-storage company revealed a plan to charge customers for using its infrastructure.

Greg is a visionary, entrepreneurial executive with broad experience in formulating effective, actionable strategies for technology-based solutions. He brings leadership skills and knowledge in strategic analysis and planning, innovation management, and strategic marketing to create customer-focused competitive advantage. His extensive industry experience in companies large and small, in industries from high tech to healthcare, in product development/management, executive management, marketing, and strategy positions gives him the experience to know what works. Greg is an adjunct professor at Duke University, where he created and teaches “Competitive Strategy in Technology-based Industries” in the Masters of Engineering Management Program. He is chairman of the NCSU Technology Incubator Advisory Board, a member of the NCSU Industrial Extension Service Advisory Board, and co-founded a venture-backed startup. Greg is a Senior Member of the IEEE and a member of the Engineering Management Society, a member of the Product Development and Management Association (PDMA), and a member of the Association for Strategic Planning (ASP). He received a BS degree in Electrical Engineering from Lafayette College, and a Masters degree in Entrepreneurship from Western Carolina University. Greg is an excellent and inspiring speaker, presenter and educator. He is a frequent judge at business plan competitions and hackathons, including MetLife TechJam, Triangle Startup Weekend, and case study competitions at Duke and North Carolina State Universities.

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