What can configuring retention settings in Grail impact?

Configuring retention settings in Grail fundamentally impacts cost management and data storage efficiency. This is because retention settings determine how long data is kept in the system before it is purged or archived. By adjusting these settings, organizations can optimize their data storage, ensuring that only the necessary data is retained for the required duration. This management leads to reduced costs related to storage space, as retaining less data minimizes the storage requirements and associated expenses. Additionally, efficient data retention helps in maintaining performance by preventing the system from being bogged down by excessive amounts of irrelevant data, further enhancing the overall efficiency of data handling and cost management strategies.