ILM

ILM, or Information Lifecycle Management, is a strategy for handling data efficiently throughout its entire existence. It involves organizing, storing, using, archiving, and eventually deleting data in a way that maximizes accessibility and security while minimizing costs. By applying ILM, organizations ensure that critical data is readily available when needed, less important data is stored more cost-effectively, and outdated or unnecessary information is securely disposed of. This approach helps improve management, compliance, and operational efficiency by aligning data handling practices with its value and importance over time.