Amazon has expanded its cloud offerings once again — this time offering to store a companys data for the low price of 1 penny per gigabyte per month.
The new service is called Amazon Glacier and its intended for backup and archival data. The kind of data a company needs to keep but doesnt have to access very often. This is stuff like e-mails, videos and other records that a company must hang on to for years to comply with various laws and regulations.
Read more via Amazon Glacier: A New Cheap Cloud Storage Service – Business Insider.

