Box CEO on AI monetization: Agents offer new monetization for existing software companies

Core Insights - The transition to an AI-driven future in enterprises is gaining significant momentum, with companies like Box fully committing to leveraging AI for managing enterprise data [2][3] - The partnership with OpenAI to utilize their agent builder platform is expected to enhance customer capabilities in automating workflows and extracting critical information from documents [4] AI and Monetization - AI agents present a new monetization opportunity for software companies, moving away from traditional seat-based billing to consumption-based or volume-based billing models [6][8] - The first half of the year has shown promising growth in monetization efforts related to AI agents, indicating a positive trend for companies adopting this model [8][9] - New capabilities announced by OpenAI are seen as tools that will allow software providers to scale their technology and address new use cases, similar to the early iOS app store [10][12]