OneDrive (formerly “SkyDrive”) in an essential tool for the Office 365 package. OneDrive provides safe data storage that can be easily accessed from virtually anywhere. Although, this storage option is safe, it is not practical for business use.
OneDrive for Business (formerly “SkyDrive Pro”) offers a administrative controls with a content management platform. OneDrive for Business allow IT Administrators/Departments to control the intellectual property of their business(es).
Improved features for OneDrive for Business include a menu bar to easily access frequent tools and controls, search bar with type-ahead feature to quickly find files and many more. Additional features such as, higher storage limits, encryption on stored data, data loss prevention features and many more will be released throughout 2014.
Currently, OneDrive for Business is included with Office 365 and SharePoint package plans. Microsoft announced that as of April 1, 2014 OneDrive for Business, as well as other services/software, will be available as a standalone cloud service for $5 a month per user.