Google Drive (GDrive) launch expected today- with 5GB of free space

Google's launch of it's long rumored Google Drive, is slated for today. Word of the release was leaked prematurely on the company's french blog.

Google Drive, or GDrive, announced it would launch offering a welcome 5GB of free cloudstorage space for consumers and inexpensive additional capacity, a move calculated to undermine market share of existing cloud storage competitors such as Dropbox, as curious consumers who might not have been initially willing to pay for cloud storage are willing to sign up with Drive to try it out. Presumably, they will develop a certain comfort with the Google system as their needs increase. The overall lower costs and reportedly easier format may tempt existing customers to switch as well.

Rival start up Dropbox, recently valued at 4 billion dollars, reportedly was scrambling to make file sharing easier in anticipation of the release this week and Microsoft has recently upgraded its Skydrive service. Despite its later entry into the field, behemoth Google is likely to make some ripples as competition ramps up.



Google's video of the Google drive features