System and method for selecting a lossless compression algorithm for a data object based on performance objectives and performance metrics of a set of compression algorithms

A non-transitory computer readable medium comprising computer readable program code, which when executed by a computer processor enables the computer processor to perform a method for managing data, the method comprising:

• obtaining a compression algorithm selection request for a data object, wherein the data object is generated by a production host;
• identifying, in response to the compression algorithm selection request, a set of production host performance objectives of the production host;
• performing a compression algorithm selection analysis using the set of production host performance objectives and a compression selection model to obtain a compression algorithm selection for a compression algorithm;
• specifying the compression algorithm to the production host using a data agent, wherein the data agent is operatively connected to the production host;
• initiating a compression on the data object using the data agent by applying the compression algorithm to obtain a compressed data object;
• and
• initiating a storage of the compressed data object.

A system, comprising:

• a processor;
• and
• memory comprising instructions which, when executed by the processor, perform a method, the method comprising:
• obtaining a compression algorithm selection request for a data object, wherein the data object is generated by a production host;
• identifying, in response to the compression algorithm selection request, a set of production host performance objectives of the production host;
• performing a compression algorithm selection analysis using the set of production host performance objectives and a compression selection model to obtain a compression algorithm selection for a compression algorithm;
• specifying the compression algorithm to the production host using a data agent, wherein the data agent is operatively connected to the production host;
• initiating a compression on the data object using the data agent by applying the compression algorithm to obtain a compressed data object;
• and initiating a storage of the compressed data object.