16 Jan Could Gfast Make Dropbox IPO More Successful?
According to Bloomberg, Dropbox, already valued at $10 billion, will secretly file an IPO this year. Dropbox is the widely successful file sharing company that built it business by storing files in the cloud, allowing organizations and individuals to upload and download files.
Here’s how it works: Dropbox users can access files and folders any time from the desktop, web, and mobile clients, or through applications connected to Dropbox. All of these clients connect to secure servers to provide access to files, allow file sharing with others, and update linked devices when files are added, changed, or deleted. The Dropbox service operates various services that are responsible for handling and processing both metadata and raw block storage.
Is there one thing that could make the Dropbox business more successful? The answer is yes. Higher speed broadband – especially upload speeds.
Dropbox works within 75 percent of a users’ upload speed to ensure that browsing and other computer functions are not limited during the upload process. Today, existing broadband upload speeds are very slow – around 1-3Mbps. Even in fast services like Xfinity, a 250Mbps service only delivers 12-13Mbps of upload speeds. This limits consumer’s willingness to use file storage services such as Dropbox.
Yet, a new innovation is on the horizon that could fundamentally change that dynamic for Dropbox. That innovation is called Gfast. Gfast is the next generation broadband access technology designed to deliver ultrafast broadband to the masses. Gfast is being deployed by the largest ISPs in the world including British Telecom, AT&T, CenturyLink, Windstream, Frontier and many others globally. In AT&T’s case, the company’s first announced service supports 500Mbps download speeds and 100Mbps upload speeds. At that rate, users of Dropbox will see 30-100x faster upload speeds.
In addition, Sckipio, the leader in Gfast has enabled a breakthrough new feature called DTA (designated time assignment) that will deliver symmetric-like speeds. This means Gfast could upload files at 500Mbps, not just at 100Mbps. Files that might have taken days to upload, will only take seconds with Gfast and DTA. This will improve Dropbox’s inherent value, ease of use and adoption rate.
Furthermore, Gfast is getting faster. First generation systems (which are just now being implemented) can achieve 600-800Mbps of real-world total throughput. However, second generation solutions will achieve 1-2Gbps. In fact, Sckipio has already demonstrated speeds of 4Gbps.
There’s no doubt the Dropbox IPO has the potential to be wildly successful, but the adoption of Gfast just might make it even more successful as the ease of uploading documents will make it even more attractive to consumers and investors alike.