Final answer:
AWS Storage Gateway is an on-premise virtual appliance that allows customers to integrate their on-premise IT environment with AWS cloud storage. It functions as a caching layer for frequently accessed data.
Step-by-step explanation:
AWS Storage Gateway is an on-premise virtual appliance that enables customers to seamlessly integrate their on-premise IT environment with the AWS cloud storage infrastructure. It helps in extending an organization's on-premise data center to the AWS cloud, thus allowing them to take advantage of the scalability, durability, and cost-effectiveness of AWS storage services.
One of the specific use cases of AWS Storage Gateway is as a caching layer for frequently accessed data. The appliance can cache frequently accessed data from Amazon S3 locally at the customer's site, providing low latency access to the data and reducing the reliance on internet connectivity.
Therefore, the correct option is B. It's an on-premise virtual appliance that can be used to cache S3 locally at a customer's site.