Microsoft has followed suit and has cut down on cloud storage prices after Apple and Google first did it. These two companies had earlier slashed the prices on the cloud storage services.
Cloud storage prices
From the last Monday, users who are using the Office 365 subscription can get to use the whole of 1TB of the storage and that too entirely free. To add to this, as many as five users can use one single Office account. This simply translates to 5TB of data storage and at the same cloud storage prices.
People having Microsoft account can have a lot of fun with lots of free storage and slashed cloud storage prices. Accessing OneDrive – the Google Drive version – will now give 15GB of storage instead of the 7GB the company used to give earlier for the standard. So, that’s twice more space.
Users having yearly Office 365 subscription came at a cost of $99. But, now after the increase in the storage capacity, for users who contently switch tablets, Smartphones and laptops, this makes a great thing.
Renting 100GB earlier for one month cost $7.49, but from now on, it will be a matter of only $1.99. And for 200GB space, the charges were $11.49 and now have been slashed to just $3.99. It is indeed a war of offering services and that’s why, Microsoft had to come up with some bold and quick steps, especially cutting down on the cloud storage prices.
“With OneDrive, we want to give you one place for all of your stuff: your photos, videos, documents and other files. Of course, to do this, we need to make sure you actually have enough storage space for everything, particularly given that the amount of content everyone has is growing by leaps and bounds.” The statement was given by Omar Shahine.
The drop in the cloud storage prices means that now all the three companies – Google, Apple and Microsoft are now offering more storage than Box or Dropbox, both of which are independent cloud storage services. The competition is tough for these big players, but will ultimately benefit the consumers, which is the better part.