Which OCI storage solution should be used for frequently accessed data where performance justifies higher storage costs?

The chosen option, Object Storage, is suitable for frequently accessed data when performance justifies higher storage costs. Object Storage in OCI is designed to handle large amounts of unstructured data and provides high durability, availability, and scalability. It is optimized for performance and offers tiered retrieval options, ensuring that data can be accessed quickly and efficiently.

Object Storage supports a wide variety of use cases, such as hosting media files, backups, data lakes, and web applications, wherein rapid access to stored data is crucial. This makes it ideal for scenarios where the cost of high-performance storage is outweighed by the need for quick data retrieval and high throughput.

In contrast, other storage solutions such as Big Data Storage are often tailored for analytical workloads, Archive Storage is meant for long-term data retention with infrequent access, and Local Disk Storage typically offers limited scalability and availability compared to Object Storage. Therefore, for applications demanding higher performance with frequently accessed data, Object Storage stands out as the optimal choice.