Google is preparing to introduce a new cloud-based storage service called Google Drive that would rival cloud storage provider Dropbox Inc., sources familiar with the matter told the Wall Street Journal.
The search giant currently provides more than enough storage for emails with attachments but Google Drive will offer more than twice the amount similar to that of Dropbox’s cloud storage service.
The WSJ’s sources said that the launch of Google’s cloud storage service is up close but the software company usually does not reply on such reports.
Google Drive will also rival the Apple iCloud, which allows users to store files online with support for synchronization through Apple iOS devices such as iPhones, iPads and iPod Touch.
After its launch, the new Google service will likely join the company’s Google Apps, the suite of online software that it sells to academic institutions and businesses., which will then make Google Drive a direct competitor to Box.net.
Google may introduce the cloud storage service within the next months, giving users a new way to store images, audio and multimedia files in the cloud.
The WSJ added that users could upload content to Google Drive and share it via a hyperlink rather than capturing a photo sending it as a file.



It would be nice to finally have Google centralize all uploaded content and combine all storage limits–I don’t need 7GB for email but I do need that for documents. Fingers crossed!