Today's dynamic technology landscape demands that businesses provide new digital experiences for customers, suppliers and partners. Apps are often at the heart of this vision, but apps cannot stand alone as a digital transformation strategy. Today, we announced an important step in enabling businesses everywhere to accelerate their digital journey through our new collaboration with Cognizant. By teaming up with Cognizant, we'll be able to not only create and build apps with the Box Platform, but to also deliver custom industry solutions for customers at all stages in their digital transformation process.
The exciting thing about a platform business is that you can’t predict all the ways your services will be leveraged. We continue to be surprised and amazed at the incredible solutions that our customers are building, but we’re also seeing common use cases emerge. For the latter, working with Cognizant is incredibly important. For example, a hospital building a patient on-boarding workflow or an insurance firm that needs to build a user facing application to power claim submissions shouldn't have to start building their app from scratch. Every client will have different needs on how these solutions will integrate with existing backend systems, but there are clear benefits to creating common reference solutions.
Working with companies like Cognizant allows for customized consulting and services for businesses to ensure they they have an end-to-end digital strategy. Through our partner ecosystem, we can deliver industry-specific solutions for customers in a variety of markets, including healthcare, life sciences, financial services, insurance, media and entertainment, manufacturing and logistics, and retail. Any organization building on Box Platform can take advantage of enterprise-grade content management and collaboration features including encryption services, security certifications, sharing and permission models, and metadata.
We're excited to be powering new digital experiences that are changing how businesses collaborate and interact with their critical business content and we look forward to working with Cognizant to enable businesses globally to transform.