Information lifecycle management

Information is an important resource for organizations. It has significance from the business generation perspective and also from the point of view of legal mandates regarding data retention. Regulations can require the retention of transactional data for large periods of time. This data, which is inactive and is stored purely for compliance purposes, can put severe strain on the storage infrastructure and slow down data access.

The concept of information lifecycle management (ILM) can help in such a scenario. ILM enables companies to manage the lifecycle of data from the point of generation to the time it is finally deleted from the database. As the importance of information changes with time, business requirements, and regulatory environment, the chances of data being reused also vary. expresscomputeronline.com says:

Many vendors are attacking the archive market from a packaged application perspective (e.g. Oracle Applications, PeopleSoft, SAP).

Go to: ILM and intelligent data management