In which scenario would utilizing Nearline storage be more cost-effective compared to Coldline storage in Google Cloud Platform?
- Storing data that requires frequent access within the first 30 days.
- Storing data that needs to be retained for more than one year.
- Storing data that requires high throughput and low latency access.
- Storing data that needs to be compliant with regulatory requirements for data residency.
Understanding the cost dynamics between Nearline and Coldline storage helps organizations optimize their storage costs based on the access patterns and retention needs of their data. It ensures efficient resource allocation and budget management for long-term data storage.
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