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Generic Lifecycle definition includes stages/discrete states of a process/objective, and describes these stages over time

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What is ILM ?

-Housekeeping
-Has data of all the information
-Process for managing information through its life cycle

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Definition of ILM

-lifecycle is a series of stages of a process over time
-•Information is accessed, transformed and moved and stored in the system
-ILM is not only about data, but all kinds of information

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Benefits of ILM

- Knowledge and control of valuable data assets
- Policy based storage
- Meets crucial liability concerns, compliance with data retention regulations
- Control storage growth
- Manage information in a business value chain context
- Create consistent, efficient business processes to manage data
- Long term cost savings

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offline data that are no longer in use

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Keeping data private

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how data are kept

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Organise data

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one form to another

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Combine data from different sources

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apply changes

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Sharing data / information

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Transcode or Transfer

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the file

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data information / E.g IC numbers

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Editing of data