Feb
Amazon has 2 storage systems: S3 and Glacier. The difference between the two is their purpose and price per GB.
Amazon S3 is available for you whenever you want, it's around 0.03 USD / GB + transfer costs (if you are inside AWS you don't pay the transfer).
Amazon Glacier is a backup solution, considerably cheaper (0.01 USD / GB) but it's suitable only for data archiving. If you need to restore data you have to usually wait 4-5 hours.
Both systems have durability of 99.999999999%
The process is very simple, we are using S3 for highly available data, meaning we backup our servers to S3 first. Then the information is available for instant download from Amazon S3. After 3 days we setup Lifecycle in S3 to archive to Glacier, where we can keep it for another 100 days until deletion.
Read more about Amazon S3 Lifecycle: https://aws.amazon.com/blogs/aws/archive-s3-to-glacier/
Read about Glacier and S3.