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Backups are different from archives. Many people use their backup as an archive. Wrong!
A backup is some type of copy of your data to recover in case of deletions, crashes, screw ups… Most backups are retained only for a few days to a few weeks. Later backups replace earlier ones. A backup is a short-term insurance policy for disaster recovery.
An archive is designed to give access to old data, files or photos. Archived photos are usually outside of the traditional backup cycle.
The storage requirements are very different from backups storage requirements: