You can use an Azure Storage Account to:
Exchange data files between your D365 F&SCM environment and another environment, for example an on-premises environment. You use the Azure Storage Account in the Azure file storage or Blob storage connector setup.
Store general Connectivity Studio files, for example, version management files and history report files. You use the Azure Storage Account in the Connectivity studio parameter setup.
You can:
Create an Azure Storage Account.
Use the Azure Storage Account of your D365 F&SCM environment. If a cloud-hosted D365 F&SCM environment is created with LCS, the related Azure Storage Account is automatically created. The default name of this Azure Storage Account is the same as the D365 F&SCM environment name.
Note
When you delete the D365 F&SCM environment, the related Azure Storage Account is also deleted.
For more information, refer to Create an Azure Storage Account.