What is the most cost-effective method for storing data that is rarely accessed?

The most cost-effective method for storing data that is rarely accessed is often represented by off-site storage. This approach typically involves using lower-cost storage solutions, such as tape backups or cloud services that optimize for infrequent access, which are designed to provide a balance between maintaining data availability and minimizing costs.

Off-site storage is particularly advantageous for rarely accessed data because it allows organizations to keep large volumes of data without incurring the high expenses associated with high-speed or readily available storage options—like hot storage—which is optimized for frequently accessed data. Additionally, off-site storage solutions usually offer more flexibility and scalability, enabling businesses to store large datasets securely without the continuous costs associated with local and on-premises storage solutions. This is especially important for companies looking to manage costs effectively while still ensuring data retention and compliance.

Overall, off-site storage accommodates the needs of infrequently accessed data by providing a cost-efficient means of long-term storage without compromising security or reliability.