Suitebox in global expansion as businesses go online to meet

From
Ian Dunbar

Ian Dunbar

Global software provider of digital workspace technology solutions SuiteBox predicts over 1,000 companies will be using its mobile meeting rooms by March 2017, opening up the provision of financial services globally, including in Africa, the United Kingdom, Australia and New Zealand which rely heavily on video conferencing to connect with the rest of the world.

Ian Dunbar, CEO of SuiteBox, the mobile office solution for professionals, said: “Based on current growth rates, we expect the number of companies using our technology to increase by more than 500% in 2017, with these companies spread across the globe.

Our business is split as follows: 40% in Australia, 20% in New Zealand, 20% in South Africa, and 20% in the rest of world, including in the US and UK. SuiteBox has already doubled its headcount in 2016 and will likely nearly double again in 2017 as we spread the word of the benefits of virtual engagement technology across the globe,” said Dunbar.

The use of virtual meetings is growing rapidly worldwide. Global fintech conference company Finovate recently named virtual meetings as a ‘top trend in wealth technology’ for 2017 and predicted virtual meetings would become a key strategy for wealth managers to deliver advice to clients in the most convenient, most efficient and engaging way possible.

SuiteBox has also announced enhancements to its software, including the capacity to have a four-person virtual meeting, integrated forms with YTML highlighter, and in January it will expand its digital signing capacity to include the ability to embed video and photo evidence into the signing, “a world first which will make us a market leader in digital workspace tools,” said Dunbar.

SuiteBox is developing the concept of the ‘digital bank branch’ as this becomes another trend in the provision of financial services in 2017.

SuiteBox recently launched in South Africa in partnership with Moonstone Information Refinery, which bought a 10% equity shareholding in SuiteBox Solutions.

SuiteBox is the only digital workspace technology solution in the world that allows businesses to share, amend and digitally sign documents with customers in real time and authenticate documents on-screen to complete transactions, whilst being in a virtual meeting or in person. Professionals can meet clients in their very own secure virtual room anytime, anywhere and discuss documents as if they were in the same room together, then safely store them in the cloud with Oracle and Amazon Web Services.

“As the world becomes more connected, virtual meeting rooms can add significant value to most service-based businesses because they allow client interactions anywhere, irrespective of geographic location. Business people can undertake all personal consultation in a secure online forum, with face-to-face contact helping to build customer intimacy more effectively than phone or digital-based engagements such as emails,” Dunbar said.