What is the future for Dropbox?

Analysts expect its revenue to rise 11\% this year, followed by 9\% growth next year. Dropbox expects its non-GAAP operating margin to expand from 21.4\% in 2020 to 27\%-28\% in 2021.

What does Dropbox do?

Dropbox is a home for all your work. You can store and share files, collaborate on projects, and bring your best ideas to life—whether you’re working alone or with colleagues and clients. With Dropbox, all your files are backed up to the cloud and available online.

Does Dropbox use AWS?

Dropbox still uses AWS While Dropbox moved a significant majority of its data and storage in-house, the company still maintains a relationship with Amazon. AWS offers wider distribution, so Dropbox can provide seamless file moving even in places where Dropbox’ facilities can’t reach, such as Europe and Asia.

Is Dropbox a takeover target?

Investing.com — Dropbox (NASDAQ:DBX) may be the next big tech takeover target, prompting shares to jump 6\%. It’s all still rumors and speculation and comes on the heels of Salesforce (NYSE:CRM)’s $27.7 billion acquisition of Slack earlier this month.

What is the advantage of Dropbox?

The main advantage of Dropbox is that it is completely free. There are no upfront charges or any additional charges once you start using the service. When you register for a Dropbox account, you automatically get 2 gigabytes (GB) of storage space. This is a good amount of storage space.

Is Dropbox a data lake?

Dropbox migrated all its analytics data from its on-premises Hadoop Distributed File System infrastructure to a data lake built on Amazon S3 in 2019, and this data is growing by more than 1 PB a month. Dropbox followed a lift-and-shift migration strategy, initially minimizing changes to its architecture.

What database does Dropbox use?

File metadata is stored in a MySQL-backed database service, and is sharded and replicated as needed to meet performance and high availability requirements. By design, Dropbox provides a unique security mechanism that goes beyond traditional encryption to protect user data.