A company must archive Amazon S3 data that the company's business units no longer need...

 S3 Glacier Deep Archive is Amazon S3’s lowest-cost storage class and supports long-term retention and digital preservation for data that may be accessed once or twice in a year. It is designed forcustomers — particularly those in highly-regulated industries, such as the Financial Services, Healthcare, and Public Sectors — that retain data sets for 7-10 years or longer to meet regulatory compliance requirements. Customers can store large amounts of data at a very low cost, and reliably access it with a wait time of 12 hours3.