As with all cloud storage solutions the answer is, "sure, you can put your files in there." It will store files and create automatic syncing. It, however, cannot handle SOLIDWORKS external references so if you happen to rename any folder (as it is with Windows Explorer too) in the system then the links to files will be damaged and you will need to spend some amount of time on correcting broken file references. Even the arena of low cost solutions there are going to be some be some better picks. Realistically, GrabCAD Workbench is one that you may want to look at if you don't go for PDM Standard/Professional.