Google announced today on its official company blog that it was reducing prices on the already popular Google Drive service. This is a blow to competitors like DropBox who have tried to remain competitive in the cloud storage and file backup industry. They have lowered the price of their monthly storage plans to $1.99 for 100GB (previously $4.99), $9.99 for 1TB (previously $49.99), and $99.99 for 10TB.

What is Google Drive?

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Google Drive is a cloud storage system for both personal and business use. Interface includes a web based portal, a desktop app and mobile app. Desktop apps are available for Windows and Mac, mobile apps are for Android and iOS.

What does it do?

Google Drive provides an offsite, cloud based backup of your files. You can store any type of file in Google Drive but are limited to view pictures, Word, Excel, PowerPoint and PDF files in the web based applications. Android users have an advantage with the ability to edit office files on their phones and tablets.

How can it benefit your business?

  • Share files easily among other users in your company
  • Create a redundant mirror of your files. One copy stored on your computer, a duplicate stored in the cloud
  • Have access to shared files on multiple devices
  • Using the online docs feature, users can simultaneously work on the same file in real time