Data Lifecycle Management (DLM) involves the process of managing data throughout its entire lifecycle, from creation to deletion or archival.
The data lifecycle typically consists of several stages.
Here are eight common stages of data lifecycle management
Data Creation
Data Storage
Data Usage
Data Maintenance and Update
Data Sharing and Distribution
Data Archival
Data Deletion or Purging
Data Destruction
Throughout these stages, organizations need to implement policies, procedures, and technologies to manage the data lifecycle effectively.