- Create and collaborate.
- Store everything safely and access it anywhere (especially while on the go).
- Search everything.
See the Official launch info here
This is just the beginning, Drive is an open platform and third party developers are working on features like send faxes, edit videos and create website mockups directly from Drive.
There is significant debate going on with regard to Drive and other competing systems, e.g. Dropbox however just being able to edit files and store / access them across multiples environments is a much more attractive proposition than just synchronisation. (IMHO)