Today, we're excited to announce new traction within the Federal Government and that Sonny Hashmi, previously the CIO of the GSA (General Services Administration), has joined Box to help lead our efforts in the Federal Government.
As GSA's CIO, Sonny managed GSA's roughly $540M annual IT investment portfolio, and helped drive IT transformation by moving to modern, cloud solutions across the 17,000-employee government agency. Beyond the GSA, Sonny has been a change agent, leading a wave of government agencies adopting cloud and mobile platforms, as well as more agile approaches to technology delivery. Prior to joining the GSA, Sonny was the Deputy CIO of Washington DC.
At Box, Sonny will be driving our Federal strategy as a new vertical effort in our Box for Industries initiative. Box has been used within government agencies for years as a secure platform for sharing and collaborating on critical information, and we see a significant opportunity to expand in this space.
Agencies and departments servicing Healthcare, Military, Educational, Judicial, Legislative and Regulatory components of the US Federal Government are using Box today. Even US congress used Box to share new orientation content with new US Representatives, moving the process away from the days of “carrying around 25 pounds of binders and paperwork."
Beyond the hiring of Sonny Hashmi, to advance Box's partnership within other federal agencies, we want to make it as easy as possible to deploy Box at scale. This is why Box is pursuing FedRAMP authorization, and we're proud to have the sponsorship of DISA, the Defense Department's Information Systems Agency. The rigorous approach the Defense Department takes when evaluating new technology will dramatically benefit other agencies and non-governmental organizations alike, and we're grateful to be collaborating with them on this.
The FedRAMP security requirements and its unified framework for authorizing cloud environments allow Federal agencies to safely and securely use the cloud. Furthermore, FedRAMP enables re-use of these authorizations, thereby providing significant cost, time and resource savings to the government. Like IBM, Microsoft, Google, and Salesforce, Box has developed and documented its security offerings in accordance with the FedRAMP and NIST 800-53 Rev 4 security requirements and framework, and we're currently being evaluated by an independent third party assessor organization.
At Box, we're working to ensure that best-in-class content management and collaboration can be used across the most regulated and security-conscious industries (such as Healthcare, Financial Services, and Energy). We're excited to be bringing our technology to the government, and look forward to more progress on this front in the near-future.