Today, Microsoft has announced changes to their OneDrive for Business storage solution. A regular, free OneDrive account comes with 7 GB of storage. For $5 per user, per month, Microsoft added a 25 GB option. That 25 GB option is now a tiny bit larger: 1 TB. It will also be included in several Office subscriptions. The official announcement claims Office 365 ProPlus (formerly requiring a $1.50 per user per month upgrade) but that is, apparently, an incomplete list.

According to Mary Jo Foley of ZDNet, any Office 365 plan which includes OneDrive for Business will be upgraded to 1 TB. I expect that Office 365 Pro Plus was mentioned in the press release because, as far as I can tell, it did not have OneDrive for Business, minus the aforementioned upgrade, until now. The rest of the options already had OneDrive for Business, just a much larger one now. I have compiled the relevant information in a table, below.

 
Price
(Per User Per Month)
Maximum Users
Editing from
Mobile Apps
OneDrive for Business (Standalone)
$5
($2.50/user until September)
Unlimited (?) N/A
Office 365 ProPlus $12
1 (?)
(5 PCs or Macs)
Yes
(5 extra devices)
Office 365 Small Business $5 25 No
Office 365 Small Business Premium $12.50 25 Yes
Office 365 Midsize Business $15 300 Yes
Office 365 Enterprise E1 $8 Unlimited No
Office 365 Enterprise E3 $20 Unlimited Yes
Office 365 Enterprise E4 $22 Unlimited Yes

I must say that OneDrive is looking to have all of the features of Dropbox, at least the ones that I use, with significantly higher storage. While the 7 GB, free plan would probably be sufficient for my uses, a whole terabyte for a few dollars per month is definitely tempting if I had a reason to fill it. Not too long ago, I was paying $100 USD per year to Dropbox for 100 GB.

Note: The $5-per-user-per-month fee is the price after September. Until then, it is 50% off.

While not all of Microsoft's websites have been updated yet, the upgrade seems to take effect today. Check out OneDrive for Business, or one of the applicable Office plans, to see whether a terabyte of cloud storage is worth it for your needs.