Despite is tiny size, your Woovebox can control your other gear's playback and audio via audio in, physical MIDI out, physical MIDI in (models 15B2 and up), analog sync out and wireless MIDI in/out. It can effectively function as the "brain" of a larger setup. Conversely, it can act as a multi-timbral sound module or use a controller to enhance its control surface and features.
Lastly, it can turn any cheap controller or keyboard into an advanced workstation via remote control expander mode.