Cloud storage is terribly decisive in the sense that most premium users, when locked into one service, rarely change providers. It comes as no surprise then that OneDrive has just received another dramatic price cut.
Dramatic in the sense that Microsoft have now made the cloud storage service more than 70% cheaper.
Sure, storage is relatively cheap at this point, but for companies that are in this business, increasing the user base is more much more important than monetization. And this new price cut should help immensely with promoting the service.
The company talked about this change in a post on the official OneDrive blog:
“Our data tells us that 3 out of 4 people have less than 15 GB of files stored on their PC. Factoring in what they may also have stored on other devices, we believe providing 15 GB for free right out of the gate – with no hoops to jump through – will make it much easier for people to have their documents, videos, and photos available in one place.”
So that is 15GB of free storage space for free users, double the 7GB that was the previous limit, and matches the amount of space Google Drive offers.
But that’s only half the good news, obviously.
The paid plans are now ridiculously affordable too, and start at $1.99 monthly for 100GB space (previously, this was $7.49) and $3.99 for 200GB (previously, this was $1.49). Office 365 subscribers get an even more amazing deal.
All subscribers now get 1TB of storage, even Office 365 Personal that costs $6.99 a month.
And keeping in mind that Google Drive charge $9.99 a month for 1TB space, without the advantage of an Office 365 subscription, this is an out of this world deal. For just $6.99 a month you get Office 365 and acres and acres of cloud storage space.
Ridiculous is the word, indeed.