On Tuesday, April 24, Google released its latest product - a cloud computing and storage service, called "Google Drive."

"Today, we're introducing Google Drive - a place where you can create, share, collaborate, and keep all of your stuff," reads the company's blog post. "Whether you're working with a friend on a joint research project, planning a wedding with your fiancé or tracking a budget with roommates, you can do it in Drive. You can upload and access all of your files, including videos, photos, Google Docs, PDFs and beyond."

Google Drive allows for real-time sharing and collaboration, whether it's personal documents and data or work-related information. Plus, Drive can be downloaded onto your desktop or laptop, and is available for both the Apple Macintosh operating system and Windows operating system. It is also available with any Android smartphone or tablet computer.

While Google Drive does not have as much storage capacity as some of its competitors (as PC Magazine points out, Microsoft's SkyDrive has 7GB for free, while Google Drive only has 5GB), it does offer some unique features.

One in particular is its Optical Character Recognition (OCR) technology. OCR technology allows Google Drive to recognize text that has been copied or scanned, so you can search through all types of files using keywords, and the OCR technology can bring them up. For image files, it also utilizes an image recognition technology, which means that photos can be searched using keywords, too.

While Google offers a limited amount of storage for free, it will begin to charge for more space used. For businesses who are looking to investing in cloud storage technology, it's important to consider different types of cloud storage companies and their comparative offers and options before making the jump.