data lifecycle management

Data Lifecycle Management (DLM) refers to the process of managing data throughout its existence, from creation to deletion. It involves several stages: planning how data is created, storing it securely, ensuring it's accessible when needed, using it effectively for analysis, and eventually safely disposing of it when it's no longer needed. This approach helps organizations optimize data use, ensure compliance with regulations, and reduce costs associated with storage and management, all while protecting sensitive information. Ultimately, DLM ensures data is valuable and handled responsibly throughout its life span.