Microsoft will allow qualified customers to use OneDrive for Business freely for up to three years, depending on duration of their existing contracts with the three aforementioned rivals. Just to be clear, Microsoft won't compensate potential customers for what they're spending on rival storage services; Microsoft is just making OneDrive for Business available . And users will get the standalone service version of OneDrive for Business, which can be integrated with the rest of Office 365, which won't be free.
A bit of fine print worth noting: "Enterprise Agreement/Enterprise Agreement Subscription (EA/EAS), will receive a free trial for the remaining term of their Box, Dropbox, or Google contract. Customers with EA/EAS can add the Microsoft product to their EA/EAS at no charge unless and until the remaining term of the Box, Dropbox, or Google contract is less than the term of the EA/EAS, at which point the cost of the Microsoft product will be pro-rated over the term of the EA/EAS."
Microsoft is touting OneDrive for Business' cost, user interface, personalized search, security, and integration with Office 365 as competitive advantages. Microsoft officials said there are currently more than 350,000 organizations using OneDrive. Officials also note that by using a cloud-storage service that is pre-integrated with other Microsoft services, customers who go with OneDrive will have fewer vendors to manage.
Microsoft's latest new feature for its OneDrive for Business cloud storage service, as of late this month, will be able to restore all file types and even an entire OneDrive if files get corrupted, deleted, or infected.