Archived documents are generally ones that a business is required to keep to be compliant with regulatory standards. This is usually guided by a data archiving strategy, a data archiving plan, a Data Retention Policy or Data Archiving Policy. These type of data management and assurance of data integrity is important if they are needed in the future.
The archived files provide businesses with a paper trail to help justify and explain their actions. This helps during disaster recovery and forensic investigations.
Data archiving and object storage are also important because they help to minimize data loss. It also decreases operational expenses. They stay in a secure place while ensuring compliance with regulations and laws. Archival data even make it so that the business stays protected in the event of a legal case or an audit.