OneDrive is an online Microsoft Cloud Storage service, introduced in the year 2007, in the name SkyDrive. Later, in the year 2014, Microsoft changed its name to OneDrive. This service allows the users to store data along with facilitating editing and easy access.
In the latest announcement, Microsoft made it clear that it is planning to cut the prices and increase the storage space on OneDrive cloud storage. This is the deal put forward for the current users including the new ones with a storage space of 15 GB offered free of cost. Earlier, it was just 7 GB that was offered to the users. Office 365 subscribers will now get storage space of 1TB for which no additional cost will be incurred.
It is obvious that Microsoft is happy to incur charges for the service of keeping your files, photos and other documents. However, the good thing is that the charges have been reduced considerably. Currently OneDrive storage space of 100 GB is available at 1.99 dollars, which was 50 dollars per year earlier.
With the drop in the price, OneDrive Microsoft Cloud Storage has become equivalent to Google Drive that earlier provided users with 100GB extra storage at 50 dollars per year, and currently provides the same storage space for 1.99 dollars per month. With this, the cloud storage rivals Box and DropBox look expensive. Currently DropBox provides 2GB free storage space and charges an amount of 1.99 dollars for every extra 100GB per month. Box offers 10 GB storage space initially and charges 10 dollars per month for every 100GB data storage space.
With this, it is evident that the price for data storage online is decreasing rapidly. This has become more evident when Aaron Levie Box CEO took it to twitter stating that the price for online storage is decreasing and added that they would become completely free one day. The path that these storage space providers have chosen is evident and eventually you will not have to pay anything for the storage space.
Slashing the rates for storage spaces are all-good, but this should not affect the quality of the services they provide. It should be safe and reliable, as the users do not appreciate security breaches. Users do not mind paying for the service rendered, provided the cloud storage providers make sure that they are reliable. Windows desktop and Windows phone users are the ones who mainly make use of the OneDrive cloud storage services.