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SkyDrive Reviews and Complaints SkyDrive, which is what Microsoft originally called its cloud storage service before rebranding it to OneDrive in 2014 due to a trademark dispute with British broadcaster Sky UK, was first launched back in August 2007 under the name Windows Live Folders. SkyDrive (now OneDrive) is a file-hosting service that lets registered users store, share, back up, and synchronize their files across multiple devices, essentially acting as a secure private cloud-based folder that makes your files accessible from any device with an internet connection. And even though the name has changed, the underlying technology and the benefits have only grown stronger over time, with features like real-time collaboration, Files On-Demand, Personal Vault, and ransomware protection making it a top contender in the cloud storage space.