Microsoft is upping the ante on its cloud storage service OneDrive by doubling the storage capacity and reducing the monthly subscription prices by over 70 percent.
Microsoft, the largest software company, is trying its best to dominate the cloud storage space with new moves. In reply to Google's price drop on Drive and storage boost in March, the Redmond giant announced Monday, a tremendous price drop and increased storage on OneDrive.
Microsoft is extending the storage limit for free customers and slashing the monthly subscription rates on all OneDrive paid storage plans. According to the company, OneDrive cloud storage subscribers will have free access to 15GB of storage, up from 7GB. As for paid customers, the monthly subscription prices are slashed by over 70 percent. This means the 100GB storage plan will cost $1.99 per month, down from $7.49, and 200GB plan will be $3.99 instead of $11.49.
"With OneDrive, we want to give you one place for all of your stuff: your photos, videos, documents and other files," Omar Shahine, Group Program Manager for OneDrive wrote in the company's blog post, Monday. "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 special offers do not end with price drops and storage. The software giant is also extending its generosity to Office 365 subscribers of Individual, Family and Student plans, who will now be receiving 1TB of free data per user instead of 20GB. This is by far the cheapest option to score 1TB of cloud storage. The Office 365 Home subscription for up to 5 users costs $9.99 per month. Personal or individual Office 365 plan costs $6.99 per month and the student plan costs $79.99 for four years.
The changes will be applied next month and existing customers will be automatically moved to the lower prices.
Microsoft recently made significant changes to its OneDrive service on PC and Android with a slew of new features. The company also upgraded the storage space for Business Users from 25GB to 1TB in April. With these changes, Microsoft is taking on its rivals Google, Dropbox and others with cloud storage services.
