Microsoft has announced auditing, reporting and Storage improvements for both SharePoint Online and OneDrive for Business. Namely an increase in the base SharePoint storage available in each Office 365 Tenant. The below is an extract from the Office Blogs Website.
1 TB additional space for overall pooled SharePoint Online storage allocation
The amount of content in Office 365 is growing 300 percent year over year. To meet your needs for more storage, we’re increasing default storage to 1 TB plus 0.5 GB per user to use across SharePoint Online, Office 365 Groups and Office 365 Video—up from the previous allocation of 10 GB. This is in addition to the unique default per-user OneDrive for Business storage space and individual storage provided for user email inboxes. Office 365 customers on our premium Enterprise, Government and Education plans will receive OneDrive for Business unlimited storage, and we’re pleased to announce that the first stage of providing 5 TB for each user is now complete.
So what will this mean for your business?
Increase Storage, Increase productivity
With the extra amount of storage in your SharePoint team sites, you will be able to take better advantage of the ability to have your data in a shared location for all your staff to access. Prior to this, your SharePoint storage was limited to an 10GB with the option to buy extra storage space which in many instances saw some caution with users looking to adopt the growing business platform.
We have reviewed a number of our clients SharePoint Online storage allocations and we are seeing that the 1 TB has already been added to their tenant.
As well as increased space you will now be able to upload files with a size limit up to 10 GB per file. This applies to the Team Sites, Office 365 Groups and OneDrive accounts. This is mostly going to benefit those of you who are needing to upload and share video’s and other large files. Office 365 customers no longer need to leave big files stranded on file shares and local hard drives.