Here is a good news for those who use the premium service of Google Drive. Google has announced a price cut on Drive, its cloud storage system, with current subscribers set to automatically pay less. The cost for 100 gigabyte of storage will be $1.99 per month (previously it cost $4.99). One terabyte of storage will be $9.99 per month, down from $49.99. Here is the actual statement from Scott Johnston, Google Director of Product Management:
“Thanks to a number of recent infrastructure improvements, we’re able to make it more affordable for you to keep everything safe and easy to reach on any device, from anywhere,” Scott Johnston, director of product management at Google wrote in a blog post.
Plans for 10 TB or more will still start at $99.99. People will still be able to use up to 15 GB of storage of free. Here is the price list:
This new prices will take affect without subscribers needing to do anything. The price cuts follow the recent launch of “Add-ons” feature, which allow third-party platforms to integrate into certain parts of Drive, including faxes or conference calls.
Many experts assume that this move is made to compete two other companies that specialize in cloud storage, Box and DropBox. Now, Google’s price is the cheapest among those competitors, with Box offering 100 GB for $5 per month and DropBox’s 100 GB for $9.99 per month.