Competition in the Online Storage Business

Driveway Vs. I-Drive

Driveway and I-Drive are major competitors in the online storage business. Basically these two competitors are providing hard disk space to customers for the sole purpose of convenience and collaboration. This enables customers to access certain files and data anywhere at anytime at their own convenience. Teams can work on certain files through collaboration on the net using this storage by downloading the file and uploading an updated one.

These companies are selling anywhere between 25 and 50 megabytes of storage space at affordable prices. This is a great convenience because it eliminates the hassle of carrying disks around and proves for easy access at the opening of a browser and the click of a mouse.

Driveway’s mission is to allow customers to save time and money by using their enterprise class software to provide online file storage and sharing as an integrated part of a total business solution. This allows business’s to run more smoothly and have easier access to projects without the expensive costs of storing them. Driveway is attractive to companies for its extremely fast file transfer time, with the capabilities of completing a 10 megabyte download in a mere 46 seconds. Driveway is virus protected and provides synchronization tools for all users.

Driveway relishes in its strong corporate partners of Lycos and Microsoft, respectively. They rely on this corporate backing to give out their free disk space to new customers. After they accumulate some new customers Driveway has many other capabilities including their premium services that rely on the constant stream of customers. They don’t tell customers about this service until they can see that the customers are happy with the service and might want to upgrade or test out some of the other capabilities that Driveway has to offer. Some might think that this might be a difficult way to bring in revenue, but Driveway covers the rest of its expenses in advertising.