"The combination of artificial intelligence and exponential data growth presents new challenges for organizations. Many companies struggle with the cost-effective storage of large amounts of data that are rarely used but must be retained for compliance purposes. Focus on compliance The solution focuses specifically on sectors with strict retention requirements. Healthcare providers, financial institutions, law firms, and government agencies often have to retain large volumes of data for years."
"S3-compatible solution The alliance has created Acronis Archival Storage, an S3-compatible solution specifically designed for long-term storage. The platform integrates with Seagate's Lyve Cloud Object Storage service. For MSPs, this means a predictable cost model. Acronis does not charge separate fees for API calls or data traffic, which makes the total costs transparent. At the heart of the collaboration is Seagate's Lyve Cloud technology, which combines enterprise-grade security with scalability. The solution supports encryption during transport and storage, as well as role-based access control."
Seagate and Acronis created an S3-compatible archival storage integrated with Lyve Cloud for long-term retention. The offering targets MSPs and regulated sectors with strict retention needs such as healthcare, finance, law, and government. The solution provides a predictable cost model with no separate fees for API calls or data traffic. Security measures include encryption in transit and at rest, role-based access control, ISO 27001 and SOC 2 compliance, and immutability options. The solution aims to reduce storage costs and address AI-driven exponential data growth for organizations managing petabytes of data.
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