Description: Lifecycle Management in cloud storage services is a feature that allows users to automate the transition of objects between different storage classes throughout their lifecycle. This means that data can be automatically moved from a more expensive storage class to a more economical one based on user-defined rules. For example, objects that are infrequently accessed can be transferred from a standard storage class to an infrequent access class or even to a long-term archival class for extended retention. This functionality not only optimizes storage costs but also enhances data management efficiency, allowing organizations to focus on their core operations without worrying about manual storage management. Lifecycle Management also includes the ability to automatically delete objects after a specified period, helping to keep storage clean and organized. In summary, this tool is essential for any organization looking to maximize the efficiency of its cloud storage and reduce long-term operational costs.
