Google Drive and OneDrive now both support Version History for your files on cloud storage solutions. This is noteworthy since not long ago Microsoft introduced Version History by the way of Volume Shadow Copy Service in Windows Vista. Apple also has had Mac File Version Control for a while as well. But for a strange reason Microsoft decided to remove Version History from Windows 8.
It is pretty noteworthy to see that your version history (the cloud version of shadow copy) does not actually negatively impact your Google Drive or OneDrive storage quota. In other words if you change a 1 KB document on Google Docs or Word Online a thousand times in the end of the day you will be only using 1 KB worth of space for that document. However, I did oversimplify things a bit because the number of version retained in Google Drive or Office Online is limited (Probably something like last 10 versions or so). As far I can tell the only difference between Microsoft and Google’s File History retention in the UI layer is that Microsoft display version history pane on the left hand side while google shows the version history pane on the right hand side.
It is funny that that for Business OneDrive you have to specifically enable Version history. That’s probably because of compliance reasons. Since keeping too many documents for a business could actually be counterproductive in case of court ordered document discovery.
Figure 1: Google Docs Version History:
Figure 2: Office Online Version History.
Figure 3: Sample Office Online Version History Window.