News & Analysis

Dropbox launches Dropbox Education service to invest further in the education sector

- May 11, 2016 2 MIN READ
Charlie Wood

Dropbox has today launched Dropbox Education, looking to provide the best solution to meet the needs of educators and faculty in schools and universities around the world.

Dropbox Education will be deployed to 4,000 educational institutes worldwide who have already been using the Dropbox platform. The new offering aims for even more educational institutes to take advantage of collaborative workflows.

“As more and more educational institutions have selected Dropbox, we’ve listened to and learned from their specific needs. Today we’re introducing Dropbox Education, a new solution designed to meet those needs and help faculty and staff at colleges and universities stay productive,” said Jason Katcher, director of education at Dropbox.

Schools who deploy Dropbox Education will see professors able to collect student coursework using file requests, researchers able to share large data sets with internal and external collaborators, and administrators easily distribute notes and memos to faculty and shared links and folders.

Dropbox Education also enhances visibility and control by enabling IT users to monitor activity and control sharing permissions. Katcher said the new service will allow these institutions to have the option to work with either their trusted IT partners or directly with Dropbox.

Pricing for the service starts at $55 per user per year, with volume-based discounts available to eligible institutions. The service will give each user 15 GB of shared cloud storage.

The focus on this potentially lucrative market comes with the news this week that Dropbox is looking to cut down on employee costs and drive savings in areas that may seem ‘stingy’ for a company that had a last valuation of $10 billion.

With catered meals and other employee benefits the norm in Silicon Valley, last month Dropbox was scrutinised over a memo to employees in its new Brannan Street office in San Francisco that told workers every dollar counts when it comes to building a healthy sustainable business.

Cutting down the price of amenities is an effort that could save Dropbox close to $38 million a year. According to a company email sent in March perks soon to be slashed include laundry services, free access to the gym, and certain meal hours.

It seems Dropbox is not the only company looking to take away certain employee benefits in an attempt to move towards an IPO. Startups like Evernote, Tango and Jawbone have also removed their hands from their back pockets and are focusing on keeping investors happy.

Image: Dropbox APAC managing director Charlie Wood. Source: Supplied.