Amazon Web Services has extended its Cloud-storage offerings today with the launch of a new product: Amazon Glacier is described as a "secure, reliable and extremely low cost storage solution" designed for data archiving and backup. The e-tailer is pitching for use-cases where the data that is infrequently accessed, such as media archives, financial and healthcare records, raw genomic sequence data, long-term database backups, and data that must be retained for regulatory compliance. The latter is something where due to legal compliance, there a massive market and it's not hard to see how Glazier could appeal to SMEs wishing to reduce the cost of meeting those requirements. Typically, says Amazon, companies rely on legacy tape systems for this type of archiving. Source: http://feedproxy.google.com/~r/Techcrunch/~3/PfdbHKGa2jc/
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