Information Lifecycle Management

1111 Words Feb 7th, 2018 4 Pages
It has become progressively more documented that information is the most important strategic resource that any organization has to deal with. Key to the compilation, analysis, production and allocation of information within an organization is the quality of IT services provided to the business. It is necessary that it is recognized that IT services are vital, strategic, organizational assets and consequently organizations must invest suitable levels of resources into the support, delivery and management of these vital IT services and the IT systems that support them. The challenges for IT managers are to co-ordinate and work in collaboration with the businesses to deliver high quality IT services. This has to be accomplished while adopting a more business and customer oriented approach to delivering services and cost optimization (Cartlidge, Hanna, Rudd, Macfarlane, Windebank & Rance, 2007). On strategy that businesses can use is that of Information Life Cycle Management (ILM) which is a broad approach to managing the course of an information system's data and related metadata from formation and early storage to the time when it becomes outdated and is done away with. Different from earlier approaches to data storage management, ILM involves all facets of managing data, starting…
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