What is Data Lifecycle Management (DLM) ?

Data lifecycle management refers to the holistic set of practices for governing data from inception through retirement across the entire organization. It focuses on managing data seamlessly through all phases of its useful life – from planning and creation to processing, storage, utilization, archival, and deletion. Robust policies and procedures systematically cover data security, integrity, usability, costs, and regulatory compliance at each stage.

What is Data Lifecycle Management?

Data lifecycle management provides end-to-end visibility and control over the data flowing through systems and processes. It enables harnessing data as an asset at every stage – from planning through active use and eventual retirement. With strong data lifecycle management, organizations can channel data into a strategic advantage rather than suffer from overwhelming disarray.

This article will explore the key stages, practices, benefits, and implementation steps for robust data lifecycle management programs. With these foundations, organizations can transform even exponentially growing data from an unruly liability into a trustworthy and adaptable asset powering competitive advantage. Taming the data deluge through lifecycle management unlocks lasting business value.

Data LIfecycle Management System

Table of Content

  • The Critical Role of Data Lifecycle Management in the Era of Big Data
  • Defining Data Lifecycle Management
  • Main Phases of Data Lifecycle Management
  • Key Data Lifecycle Stages
  • Data Lifecycle Management Capabilities
  • Benefits of Data Lifecycle Management
  • Implementing Data Lifecycle Management
  • Expert Techniques for High-Impact Data Lifecycle Programs
  • What are the 3 Main Goals of Data Lifecycle Mangement ?
  • Conclusion

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The Critical Role of Data Lifecycle Management in the Era of Big Data

With data volume, variety, and velocity all exploding exponentially, effectively managing data has become a top priority. However static, siloed data lakes provide little strategic value. This is where implementing comprehensive data lifecycle management becomes critical – to keep pace with relentless data growth and complexity. When executed well, data lifecycle management delivers continuous visibility and control over the data deluge. It enables harnessing data as an asset for competitive advantage....

What is Data Lifecycle Management (DLM) ?

Data lifecycle management refers to the holistic set of practices for governing data from inception through retirement across the entire organization. It focuses on managing data seamlessly through all phases of its useful life – from planning and creation to processing, storage, utilization, archival, and deletion. Robust policies and procedures systematically cover data security, integrity, usability, costs, and regulatory compliance at each stage....

8 Stages of Data Lifecycle Management (DLM)

Here are the 8 main phases of the Data Lifecycle Management Process:...

What are the 3 Main Goals of Data Lifecycle Mangement ?

What are the 3 Main Goals of Data Lifecycle Mangement ?...

Data Lifecycle Management (DLM) Capabilities

Some of the major capabilites of Data Lifecycle Management (DLM) are as follows:...

Benefits of Data Lifecycle Management (DLM)

Effective lifecycle data management confers multiple benefits:...

Implementing Data Lifecycle Management (DLM)

Key steps for implementing data lifecycle programs include:...

Expert Techniques for High-Impact Data Lifecycle Programs

Beyond the basics, mature programs leverage advanced techniques like:...

Tools and Technologies for Data Lifecycle Management

Data Lifecycle Management (DLM) is a critical process for organizations that collect, store, and use large amounts of data. DLM helps ensure that data is secure, compliant, and readily available for those who need it....

Conclusion

In today’s exponentially expanding data landscapes, organizations can no longer allow data to proliferate recklessly as an uncontrolled liability. Instead, data must be strategically governed as an asset through comprehensive lifecycle management. By implementing centralized policies, integrated technologies, and distributed data stewardship, companies can gain control over their data from inception through retirement....

FAQ’s on Data Lifecycle Management (DLM)

1. What are some leading data lifecycle management software solutions?...