Data lifecycle management (DLM) is the process of managing the stages of data’s lifecycle, from creation and use to archiving and disposal. DLM involves identifying the data’s value, classifying it according to its importance, and determining how it should be stored, protected, and disposed of. The goal of DLM is to ensure that an organization’s data is properly managed throughout its lifecycle, so that it is available when needed, protected from unauthorized access, and disposed of in a secure and compliant manner. DLM is an important part of an organization’s overall data governance strategy, as it helps to ensure that data is managed in a way that aligns with the organization’s business goals and compliance requirements.
