Amazon.com (AMZN) Debuts New Glacier Storage Solution; Designed for Important Docs, Data

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Amazon Web Services LLC (AWS), an Amazon.com company (Nasdaq: AMZN), today announced Amazon Glacier – a secure, reliable and extremely low cost storage solution designed for data archiving and backup. Amazon Glacier is designed for data that is infrequently accessed, yet still important to retain for future reference. Examples include digital media archives, financial and healthcare records, raw genomic sequence data, long-term database backups, and data that must be retained for regulatory compliance. With Amazon Glacier, customers can reliably and durably store large or small amounts of data for as little as $0.01/GB/month, a significant savings compared to on-premises solutions.

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