Strategic Data Management ILM Conference

Strategic Data Management (SDM) is a data management company specializing in Information Lifecycle Management (ILM). In conjunction with our partners, we offer a comprehensive set of ILM processes, products, and services to address client ILM needs at every step of the data lifecycle. More about SDM.

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Information Lifecycle Management

Information Lifecycle Management (ILM) is a comprehensive paradigm to manage the flow of data and metadata through your company's systems, from creation and storage to the time when it becomes obsolete and needs to be discarded. It is a practice which recognizes that protection, security, availability, and the value of information changes over time, and attempts to align these needs with appropriate IT infrastructure and business process and at any given point in time. During the cycle, costs are aligned with the business value of this information at each point in time. Information Lifecycle Management is based on the following three fundamental principles.

Information Must be Classified

Before a value can be placed on information or the right infrastructure, or security protection can be assigned to information it must be classified and the appropriate business process wrapped around it. Unless a company understands how various types of information should be handled, protected, or stored all information is treated the same and eventually a company ends up with an information "junk drawer".

Information has a Lifecycle

Information is not static. It is created, used, archived, perhaps used again, and eventually disposed of. Information Lifecycle Management dictates that data is handled differently depending on the lifecycle state.

The Business Value of Information Changes Over its Lifecycle

The business value of most information decays over time. Information is relevant, in use, and of greatest value shortly after it is created. As business needs change, information lifecycle management recognizes that data may become less relevant and may be a candidate for archiving. Occasionally and unexpectedly, some older information may suddenly become crucial and need to be quickly, completely, and accurately retrieved. An example of this may be a legal matter where failure to produce this information may result in severe penalties. Strategic Data Management (SDM) is a data management company specializing in Information Lifecycle Management. In conjunction with our partners, we offer a comprehensive set of ILM processes, products, and services to address our clients' ILM needs at every step of the data lifecycle.
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Category:

Science & Technology

Tags:

• ILM
• Strategic
• Data
• Management
• Information
• Lifecycle
• management