Optimizing S3 for dynamic data access patterns

You are a cloud storage administrator working for a company that deals with large volumes of unpredictable data access patterns. Your task is to optimize the cost of storing objects by ensuring that data is automatically moved between different access tiers depending on how frequently it is accessed. You need to configure an S3 bucket to store data using the Intelligent-Tiering storage class, which will automatically adjust to the usage patterns of the stored objects.

Your company stores data with unpredictable access patterns, and you want to ensure that costs are minimized while still maintaining good performance for frequently accessed objects.