OneDrive for Business was launched as a standalone service by Microsoft on April 1, 2014. The main difference to Microsoft's OneDrive service -- formerly known as SkyDrive -- is that it has been designed with business use in mind.
Features exclusive to OneDrive for Business are multifactor authentication support, SSO/ADFS/Directory sync support, auditing and reporting functionality, advanced administration, and built-in standards compliance.
The price per user per month was set to $5, which is identical to how much Google charges for Google Apps for business users, and a total of 25 Gigabyte of space per user was provided as well.
If you compare that to Google Apps, you will notice that it is 5 GB less than what Google offers, as it provides every Google Apps user with 30 Gigabyte of storage.
Two promotional deals are available that last through September 2014 which cut the monthly per user price in half in that period. You pay only $2.50 per user per month for the time being.
Customers who use Office with Software Assurance (SA) or Office 365 ProPlus pay only $1.50 per user per month.
Additional storage space is available for $0.20 per GB for OneDrive for Business users, but a new announcement makes it unlikely that many companies who use OneDrive will take Microsoft up on the offer.
Microsoft announced yesterday that it has increased the storage space available to all OneDrive for Business users from 25 Gigabyte to 1 Terabyte.
That's a massive increase of storage space available, and while some companies may still be in need for more, it is very likely that the majority won't anymore.
Office 365 ProPlus customers get the 1TB of storage space per user as part of their subscription.
Microsoft notes that the changes will roll out over the course of the coming months. That's the main reason why you may still find old pricing information listed on the OneDrive plans and pricing page linked above.
It is interesting to note that this may make OneDrive for Business attractive to OneDrive users who have purchased additional Gigabytes of storage.
100 GB of storage is currently priced at $50 annually. If those users switch to OneDrive for Business, they pay $60 for that per year per user, but will get 1 TB of space instead plus all the additional features exclusive to the business edition.
You can check out Microsoft's roadmap for OneDrive for Business here.