http://www.vatop.com 24th Jun, 2014 09: 39 From: vatop.com
Microsoft announced a revamped pricing structure Monday for its OneDrive cloud storage service, including 15 GB free for all users, and price reductions of up to 70% for paid customers. Microsoft was relatively late to the cloud storage game and has fewer users than popular competitors such as Dropbox and Google. With aggressive new prices, the company hopes to gain ground in the crowded field while bolstering its other cloud services.
Under the new terms, Office 365 customers now get 1 TB of storage, up from a mere 20 GB per account before. Those who pay for OneDrive but not Office can get 100 GB for $1.99 per month and 200 GB for $3.99 per month. Those plans previously cost $7.49 and $11.49, respectively. As mentioned, free accounts now include 15 GB of storage, up from 7 GB.
The new prices will become effective in the next month. Current accounts will be automatically upgraded.
Microsoft's new pricing tiers are very competitive and only the newest act in an escalating competition among cloud storage providers to offer more capacity for less money. In terms of free storage, OneDrive matches Google at 15 GB. Box and Dropbox offer only 10 GB and 2 GB for free. Apple's upcoming iCloud Drive will offer only 5 GB for free.
[A Microsoft VP predicts the cloud will evolve into just a few big players. Read more from the Structure conference: Cloud Trends To Watch: Structure 2014.]
For paid plans, Google charges $1.99 per month for 100 GB and $9.99 monthly for 1 TB. Dropbox appears to be falling behind on pure price competitiveness, offering only 100 GB for $9.99 per month and charging a steep $49.99 monthly for 500 GB. When it launches this year, iCloud Drive will offer 20 GB for $0.99 monthly and a OneDrive-matching 200 GB for $3.99 per month.