With the new infrequent access service, users can optimize their IT budgets by moving less frequently used data to lower-cost storage tiers, but when needed-users can easily access it with no retrieval fees. 61% of enterprises are prioritizing data archive and lifecycle management, as a key consideration for their data strategies. Seagate's Lyve Cloud Object Storage, a leading S3-compatible solution, has introduced new flexible, cost-efficient archive tiering, enabling a predictable and flexible way to store infrequently accessed data with no retrieval fees. The infrequent access tier is offered as a dedicated tenant, helping enterprises to manage, archive and delete data according to their data lifecycle needs.

"Nearly 65% of our customers are actively seeking an archive tier that is economical and provides both flexibility and customer choice to their S3 offering," said Melyssa Banda, senior vice president, Edge Storage and Services Seagate "Now our Cloud Object Storage users can easily scale storage resources to accommodate their growing and evolving data requirements."Which Industries and Data Types Can Benefit?
Examples of industries that will benefit from the lower costs and infrequent access include healthcare, finance, and media & entertainment. The service provides customers with the flexibility to store growing volumes of data that they don't need to frequently access, such as active archives or compliance and regulatory data. The types of data that are a good fit for infrequent access include the following:

• Active archive: For large volumes of data like media archives or AI content repositories that need to be preserved for future use but are not frequently accessed.
• Content repository: Scale storage for growing volumes needing long-term analysis but are not frequently accessed.
• Compliance & regulatory: Store data for regulatory needs, even if rarely accessed.
• Log and event data: stored typically for auditing purposes or historical analysis, rarely accessed.
• Digitizing tape repositories: balancing data preservation vs purging, even for rarely accessed data, needing cost efficient storage.

Product Features:

• High durability, high availability: Offers millisecond latency and similar SLA service as standard tier
• Security and compliance: Features robust encryption, immutability, SOC 2, ISO27001, and HIPPA compliance
• Cost-efficient: Offers predictable billing for a lower cost storge tier for infrequently accessed data

How Do I Get the Offering?
The Seagate Lyve infrequent access tier is available via subscription and is priced at $3.75/TB per month. To learn more go to https://www.seagate.com/cloud/ or to sign up visit https://lyve.seagate.com/.