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takyon writes:

Google debuts new Cloud Storage archive class for long-term data retention

Today at its annual Cloud Next conference in San Francisco, [Google] announced new storage tools, pricing, and products for customers of all sizes.

First on the agenda was a new archive class designed for long-term data retention that eliminates the need for a separate retrieval process, Google says, while providing "immediate" and low-latency access to content. Both access and management are performed via a familiar set of Google Cloud Storage APIs through which objects can be tiered down to save on costs, and data is redundantly stored geo-redundantly across multi-regional availability zones.

Pricing will start at $0.0012 per GB per month ($1.23 per TB per month) when it launches later this year. That's significantly cheaper than Microsoft's Azure Cool Blob Storage, which costs $0.002 per GB per month, and competitive with Amazon S3 Glacier, which is priced at $0.004 per GB per month.

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