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Google to launch online storage service

Google is gearing up to offer consumers and businesses Drive, an online storage service to rival Dropbox, as early as next week, according to a draft press release obtained by technology blog The Next Web. The service will offer users 5GB of storage for free, considerably more than the 2GB currently offered by Dropbox. According to the report, the service will work in desktop folders on both PCs and Macs, though it was unclear in which countries outside the U.S. the service would be available in. Google's entry into the cloud-based storage market comes at a time when consumers--and businesses--are looking for secure, cost-effective ways to store growing amounts of data. More companies are turning to the cloud for data storage and backup, according to a recent report from cloud storage and backup service provider Symform. According to the survey, nearly 40 percent of respondents currently use a cloud-based solution for either primary or secondary backup. However, two-thirds of respondents ranked the costs of cloud storage or backup systems as a problem for them, and only 15 percent of those surveyed expressed that they were very satisfied with their current solution or procedure for data backup, according to the study. Challenges around data restore issues also topped the list of concerns.

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