Educational news about Personality development, career guidance, Leadership Skills and more in Edubilla.com ...

Dropbox launched Dropbox Education, looking to provide the best solution to meet the needs of educators and faculty in schools and universities around the world.

Dropbox Education will be deployed to 4,000 educational institutes worldwide who have already been using the Dropbox platform. The new offering aims for even more educational institutes to take advantage of collaborative workflows.

“As more and more educational institutions have selected Dropbox, we’ve listened to and learned from their specific needs. Today we’re introducing Dropbox Education, a new solution designed to meet those needs and help faculty and staff at colleges and universities stay productive,” said Jason Katcher, director of education at Dropbox.

Dropbox Education also enhances visibility and control by enabling IT users to monitor activity and control sharing permissions. Katcher said the new service will allow these institutions to have the option to work with either their trusted IT partners or directly with Dropbox.

Pricing for the service starts at $55 per user per year, with volume-based discounts available to eligible institutions. The service will give each user 15 GB of shared cloud storage.

The focus on this potentially lucrative market comes with the news this week that Dropbox is looking to cut down on employee costs and drive savings in areas that may seem ‘stingy’ for a company that had a last valuation of $10 billion.

It seems Dropbox is not the only company looking to take away certain employee benefits in an attempt to move towards an IPO. Startups like Evernote, Tango and Jawbone have also removed their hands from their back pockets and are focusing on keeping investors happy.