Maximize the utility of data at each stage of its life
Ensure compliance by securely managing, retaining, and purging data
Control storage costs and stay under allocated budgets
Increase end-user productivity through improved system performance
Store sensitive data securely
Maximize the utility of the data
Archive dormant data
Delete obsolete data
Data lifecycle management (DLM) is the process of overseeing data throughout its entire lifecycle, from creation and initial storage to the time it becomes obsolete and is deleted. It involves policies and procedures to manage data efficiently, ensuring its availability, integrity, and security.
DLM is crucial because it helps organizations manage their data more effectively, ensuring that data is available when needed, protected from unauthorized access, and properly disposed of when no longer needed. This enhances data integrity, compliance with regulations, cost control, and overall operational efficiency. A proper DLM strategy ensures data security from the point of data collection, to data processing and to the end of the cycle at data deletion.
DLM helps with regulatory compliance by ensuring that data is managed according to data privacy laws, industry standards, and legal requirements. This includes secure storage, proper access controls, timely archiving, and secure deletion of data and sensitive information. DLM policies can also include audit trails and documentation to demonstrate compliance during audits.
Data backup is a critical component of DLM. Regular backups ensure that data can be restored in case of loss or corruption and are part of the disaster recovery process. Backups are typically integrated into the DLM process to ensure that data is protected throughout its lifecycle, from active use to long-term archival.