According to its undisclosed “well placed sources familiar with company’s plan”, the report says that Google will release the cloud storage service “sometime during the first week of April 2012″. However, a Google spokesperson told GigaOM it does not comment on rumors or speculation.
The cloud storage service would be similar to DropBox, offering 1 GB of storage space for free with the option to purchase more storage for an additional fee. In comparison, DropBox offers up to 2 GB for free.
The report also said Google Drive will include a local client and have a similar interface to Google Docs. The service will be offered to Google Apps customers and will be domain specific as well.
Google has also built an API for third party apps with this service so users can also store content from other apps in the Google Drive.
Although Google currently offers a few different storage applications including Picasa and Docs, Google Drive would be the company’s first unified cloud storage solution.
Google recently lowered the price on its general cloud storage service, which only substantiated rumors that Google Drive’s launch is imminent.
Rumors of Google’s cloud storage solution date all the way back to 2006 and 2007, and in both those cases nothing materialized. A few years later, Google announced that it would allow users to upload documents and files to Google Docs, and then just last month, The Wall Street Journal reported GDrive was coming soon.
These latest rumors emerge the same week that cloud storage and backup service providers StorageCraft and Symform released a new study that shows that more companies are turning to the cloud for data storage and backup.
Talk Back: Are you currently using DropBox or a similar storage cloud product? Do you plan on using Google Drive, if and when it launches? Let us know in the comments.