Finland Times

 

Woman is seen login in to Dropbox on 13 May 2016.Photo Lehtikuva.

Competition among services offering free cloud storage is set to pick up pace in the summer.

 

Microsoft storage limit will drop by a third in July. On the other hand, the price of paid Microsoft OneDrive service will fall below its competitors.

 

One terabyte of storage capacity will cost 7 euros a month, while three other major cloud service offering platforms charge about 10 euros for the same storage capacity. 

 

Cloud services can be used to store a variety of files online. The available space on cloud services act as a substitute for flash drives and external hard drives.

 

“It was difficult, but a necessary decision in terms of our strategy,” said Vesa-Matti Paananen, consumer product marketing manager at Microsoft in Finland, adding that “The feedback has come through various channels. I understand the situation and regret the decision for the customers who have been upset in their minds.”

 

 Paananen pointed out that the decision affects only a small portion of free OneDrive version users.

 

The news agency STT did not reach the representative of Google to comment on the future of the company’s Drive service.