Title

AWS re:Invent 2022 - Modernize your data archive with Amazon S3, featuring Stripe (STG205)

Summary

The session covered the importance of archiving with AWS, particularly using Amazon S3 Glacier.
Gayla, a TPM on Glacier, introduced the session alongside Andrew and Kaushik from Stripe.
Amazon S3 Glacier celebrated its 10th anniversary, highlighting its role in data archiving.
The cloud has significantly reduced the cost of compute and storage, leading to businesses storing more data.
IDC forecasted over 101 zettabytes of data created and stored in the current year.
The session emphasized data retention, compliance, and disaster recovery as key use cases for archiving.
AWS offers multiple benefits for archiving, including ease of data movement, business agility, insights, and low costs.
NASCAR's journey with AWS S3 Glacier was highlighted, showcasing their transition from tape to cloud storage.
AWS S3 offers a range of storage classes for different use cases, including Glacier Instant Retrieval, Glacier Flexible Retrieval, and Glacier Deep Archive.
Lifecycle policies and S3 Intelligent Tiering were discussed as tools to manage and optimize storage costs.
Andrew discussed best practices for retrieving archival data and reducing costs.
Stripe shared their journey with AWS S3, highlighting their transition to Intelligent Tiering and Deep Archive Access, resulting in significant cost savings.
The session concluded with resources for further learning about AWS S3 archival storage classes.

The exponential growth of data necessitates efficient and cost-effective data archiving solutions.
AWS S3 Glacier's range of storage classes caters to various access patterns and retention periods, allowing for tailored archiving strategies.
Lifecycle policies and Intelligent Tiering can automate the process of moving data to colder storage, optimizing costs without manual intervention.
Real-world examples, such as NASCAR and Stripe, demonstrate the practical benefits of transitioning from on-premises or traditional storage methods to AWS's cloud-based archiving solutions.
The session highlighted the importance of understanding data access patterns and object sizes when considering archiving strategies to maximize cost savings.
AWS continues to innovate in the archival space, as evidenced by the introduction of higher retrieval throughput and the Intelligent Tiering Deep Archive Access tier.
Stripe's experience underscores the importance of regularly revisiting storage assumptions and strategies to ensure cost-effective data management as the volume of data grows.