OneDrive (Files in Cloud)

OneDrive is a Microsoft cloud service that gives you access to all your files. It lets you save files, share them with others and access them from anywhere on all your devices. When using OneDrive with an organization or school account, that is OneDrive for Business

How is OneDrive for Business different from OneDrive?

All you have to do is sign in with your work or school account to use OneDrive for Business or sign in with a Microsoft account to use OneDrive (OneDrive Personal).

It’s the same OneDrive, which means that you use the same apps to sync files to your Windows or Mac computer, or to your files from your Android or iOS device. All you have to do is sign in with your work or school account to use OneDrive for Business or sign in with a Microsoft account to use OneDrive (OneDrive Personal).

• OneDrive is the personal storage that you get when you create a Microsoft account to use services like Outlook.com or Xbox. With OneDrive, you can store documents, photos, and other files in the cloud, share them with friends, and even collaborate on content. When you sign in to Office 365, you get 100GB of storage (staff and and full-time PhD students 1TB) and premium OneDrive features.
• OneDrive for Business is an online storage for businesses or schools. OneDrive for Business is managed by your organization and lets you share and collaborate on working documents with coworkers. Website collection administrators in your organization control what you can do in OneDrive library.

How to Get Started with OneDrive – video here

Detailed description of the service with the solution of the most common issues can be found here

Upcoming OneDrive Business news and information on preliminary date of release are found here

Source: https://support.office.com/en-us/article/what-is-onedrive-for-business-187f90af-056f-47c0-9656-cc0ddca7fdc2