Google launches cheap storage service for data you don't often use

Google launched a new storage platform for cold data, known as infrequently used and accessed information, on Wednesday

Cold data is often kept for legal or regulatory reasons, so the service is clearly designed with businesses in mind. The new platform, called Google Cloud Storage Nearline, costs just $0.01 per GB at rest each month.

See also: 5 simple ways to organize your Google Drive

"Organizations can no longer afford to throw data away, as it’s critical to conducting analysis and gaining market intelligence," according to Google's blog post announcing the storage platform. "But they also can’t afford to overpay for growing volumes of storage." Read more...

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