Note: Asigra doesn't allow links here and so I have disabled them.
Here is a paragraph from my post at BackupReview.
Google just announced the release of the much rumoured Google Drive (also known as GDrive) earlier this morning. The tool will allow users to create, share, collaborate, and backup data online. We have not tried Google Drive yet, but from the description, it looks like that it will be a direct competitor to DropBox, Box, SugarSync, and other similar products. Google promises that this is just the beginning and more to come in the future.
Google has made the pricing of the Google Drive a bit cheaper than the competition. The first 5 GB is free; and 25 GB is for $2.49 per month; and 100 GB is $4.99 per month. If users upgrade to any one of these paid accounts, their Gmail account will be automatically increased to 25 GB (from the current limit of 10 GB).
What do you think? Is this bad or good for the industry? I think, that it is good when bigger companies like Google get in the bandwagon, as it is a further seal of approval that the cloud backup market is growing. If the market was not that hot, Google would have not launched this product.
I believe that GDrive's launch will create a lot of buzz in the public and indirectly benefit all companies in the backup space.