The future is here! It was announced several times, but Microsoft finally upgraded the default available SharePoint Online storage for an Office 365 tenant to 1TB.
This means that every tenant will get 1TB of pooled storage for SharePoint Online, increased with 500MB for each licensed user. That’s a big upgrade from the previous 10GB + 500MB.
And the best part is that the increased storage is available directly!
I think this is a huge improvement: it makes the Team Sites in SharePoint online a better candidate to store your shared documents, in stead of placing them on OneDrive for Business. And a team site is where those files belong, as OneDrive for Business is designed to be used just for personal files. The increase to 1TB will make that most businesses can start using SharePoint Online without the need for purchasing extra storage.
Talking about OneDrive for Businesss: there is an update there to. Where the current storage limit for OneDrive for Business is 1TB per user, Microsoft is offering unlimited OneDrive for Business storage for premium plans. Other Office 365 plans will get 5TB for each user. The first fase of rolling these upgrades has finished recently.
More information on these changes can be found in this announcement bij Microsoft.