Hi,
For the hot and cold difference, you might refer to this:
https://www.bmc.com/blogs/cold-vs-hot-data-storage/
And for storage tiering, this might help:
https://www.datacore.com/products/sansymphony/auto-tiering/
Please note: Information posted in the given links is hosted by third parties. Microsoft does not guarantee the accuracy and effectiveness of information.
Thanks for your time.
Best regards,
Danny
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