The new OneDrive for Business provides similar file sync, sharing, and storage services like others. Also as a standalone product, it will likely compete with existing services like Dropbox and Box. With the new offering, the company wants to attract new business users to its cloud storage technology. OneDrive for Business was formerly SkyDrive Pro, and requiring a business plan of Office 365 for desktop. OneDrive for Business can now be adopted as a standalone product and will also continue to be available as a part of a number of existing Office 365 plans. Microsoft, during the SharePoint 2014 conference on Monday, announced OneDrive for Business, along with licensing and pricing details. After renaming its cloud storage service SkyDrive to OneDrive, thereby settling the conflict with British Sky Broadcasting Group, Microsoft has now introduced the all-new OneDrive for Business.
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