Scenario: A research institution needs to archive large datasets that are accessed infrequently but must be retained for compliance reasons. Which storage class in Google Cloud Platform would be the most suitable choice?

For large datasets that are accessed infrequently but must be retained for compliance reasons, Archive storage in Google Cloud Platform offers the most suitable option due to its low storage costs, even though retrieval costs and latency are higher compared to other storage classes. Understanding the access patterns and compliance requirements is crucial for selecting the appropriate storage class.