Microsoft has settled on a new name for its personal cloud product and will soon be rebranding SkyDrive as OneDrive. Microsoft was forced to rename SkyDrive after losing a trademark suit in the United Kingdom to the British Sky Broadcasting Group in July 2013.

“One” has become the new mantra for Microsoft these days. CEO Steve Ballmer’s reorganization plan for the company was termed “One Microsoft” and its newest gaming console is called the Xbox One.

Current users of SkyDrive or SkyDrive Pro will not have to change anything as OneDrive (which promises some enhancements to the service coming soon) is made.

<http://readwrite.com/2014/01/27/microsoft-skydrive-cloud-renamed-onedrive>

Sky Drives features and functionality set are similar to the services offered to business through SharePoint, only less customizable and fewer administrative functions. It does enable one to store information across multiple platforms.