Data Lifecycle Management
Data Lifecycle Management (DLM) is a systematic approach to managing data throughout its entire life, from creation to deletion. It involves several stages, including data creation, storage, usage, sharing, archiving, and disposal. The goal of DLM is to ensure that data is accurate, accessible, and secure at every stage.
Effective DLM helps organizations optimize their data resources, comply with regulations, and reduce costs. By implementing policies and procedures for managing data, organizations can improve data quality and make informed decisions based on reliable information. This process is essential for maintaining data integrity and supporting business objectives.