What does configuring frozen data settings enable you to do?

Configuring frozen data settings primarily enables the movement of aged data to a different storage location that is more cost-effective. In the context of Splunk, "frozen" data refers to data that has exceeded its retention period and is typically moved out of the main indexers. This process is crucial for managing storage costs and optimizing performance, as it allows organizations to retain historical data without keeping it on high-cost storage systems.

In addition to cost savings, moving aged data to a less expensive storage location enables compliance with data retention policies and can be part of a larger data lifecycle management strategy, ensuring that companies maintain access to older data when needed without overburdening their primary infrastructure.

The other options refer to different data management strategies that do not specifically describe the function of configuring frozen data settings. For instance, automatically deleting data, securely compressing it, or archiving it to another server represent distinct processes that may be part of broader data governance but do not capture the primary focus on cost-effective storage relocation defined by the 'frozen' data settings.