You migrated a data backend for an application that serves 10 PB of historical product data for analytics. Only the last known state for a product, which is about 10 GB of data, needs to be served through an API to the other applications. You need to choose a cost-effective persistent storage solution that can accommodate the analytics requirements and the API performance of up to 1000 queries per second (QPS) with less than 1 second latency. What should you do?