The amazon S3 intelligent tiering storage class is designed to optimize storage costs by automatically move data to the most cost effective access tier when access patterns change. For small monthly object monitoring and automation charge. S3 monitor access patterns and automatically move objects that not have been accessed to lower costs tier.
S3 intelligent tiering delivers automatic storage costs savings in three low latency and high throughout access tiers.
For data that can be stored asynchronously , you can choose to activate automatic archiving capabilities within the S3 intelligent tiering storage class.