Your team is building a data lake platform on Google Cloud. As a part of the data foundation design, you are planning to store all the raw data in Cloud Storage. You are expecting to ingest approximately 25 GB of data a day and your billing department is worried about the increasing cost of storing old data. The current business requirements are:
• The old data can be deleted anytime.
• There is no predefined access pattern of the old data.
• The old data should be available instantly when accessed.
• There should not be any charges for data retrieval.
What should you do to optimize for cost?