Youshare provides multiple terabytes of user storage, located in the data centre which holds the core compute components, and these are available for use by researchers. This allows data to be stored close to the core compute for fast execution. It also allows for data to be staged out to remote locations where additional compute power is available, as required.
Note that this is not a long term archival system, i.e. if you have a research council requirement for long term curation of data according to your research data management plan then you should put in place a plan to archive this data.