Microsoft Purview: Archive SharePoint files under retention policies
Administrators can now configure retention policies in Microsoft Purview to automatically archive SharePoint files to low-cost storage based on organizational retention requirements, extending DLM capabilities beyond keep/delete actions while maintaining compliance and discoverability.
Microsoft's description
With the introduction of file archiving support in SharePoint Online, administrators are looking to seamlessly include archiving actions within their existing data retention policies. This means that, in addition to keeping or deleting data, admins want to now leverage Purview DLM to archive files according to organizational requirements, ensuring comprehensive governance across all stages of the content lifecycle in SPO. Retention based file archiving moves inactive content to low-cost storage, lowering costs with no compromise on Compliance, keeping data discoverable and making Copilot results highly relevant.