Seagate Lyve Cloud Adds Infrequent Access Tier

Key Takeaways:

• New Cost Efficiency: 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 access it with no retrieval fees.
• Performance: Provides the same high durability, high throughput, and low latency with a similar performance and SLA as the Lyve Cloud Object Storage standard tier.
• Security and Compliance: Same enterprise security as standard tier with encryption and immutability.

Seagate’s Lyve Cloud Object Storage, a 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.

61% of enterprises are prioritizing data archive and lifecycle management, as a key consideration for their data strategies. 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, SVP, 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 M&E. 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.

Types of data that are a good fit for infrequent access include:

•  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 and 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, HA: 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 storage tier for infrequently accessed data

The Seagate Lyve infrequent access tier is available via subscription and is priced at $3.75/TB per month.