SkyDrive is a Cloud Storage service offered by the Microsoft Corporation. It is a file hosting service that allows users to upload files to a cloud and then access them from their web browser or local machine. It allows you control the privacy of your files as well as a reliable backup for your files.
SkyDrive offers 7GB of free storage when you sign up after which you can buy more storage plans. Users signed up before April 22, 2012 can upgrade to the free 25GB while it lasts!! To start using SkyDrive, you need a Windows Live ID. All you need to do is, head on to https://skydrive.live.com. You can read my other posts about Google Drive, MegaCloud and DropBox!!!
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