The university is in the process of purchasing Box via Internet2 Net+.
Box will be the officially recommended cloud storage and collaboration tool starting Fall term 2016. A significant advantage of Box over both Google Drive and OneDrive is the fact that files can be owned by the institution and not evaporate when user accounts are deprovisioned.
The plan is to move most personal and department shares (e.g. CN-Home, CN-Share, and ONID-FS) to Box storage. We will be testing a number of use cases to ensure that everything will work well.
Edit (3/9/2016): Box will not be approved for any PII data, so not all storage will be on Box. It is a bit unclear at this time how much of our department share data will be moved there, and that probably won’t happen by Fall.
Also in the scope of this initial deployment is integration with Office 365 and Kumo.
We will have access to test Box soon, and I will share that information as we get it.