Uploaded on Dec 21, 2022
5Data Inc is one of the largest US companies. This ensures that your information remains secure and confidential at all times.
Data lifecycle management services
Data Life Cycle Management Services in the USA
Stages Of Data Lifecycle Management
• Data Creation - The data lifecycle starts with data collection or creation. Data is
abundantly available everywhere. However, organizations should collect data based
on its quality and importance to their business. Data can be extracted from mobile
and web applications, surveys, forms, etc.
• Data Storage - Once the data is created, storing plays another important role as it
helps to access the data whenever necessary. Data can be stored using different
mediums like computers, external storage devices, or the cloud. Creating a backup
for stored data saves the organization during data deletion, corruption, or malware
attacks.
• Data Processing – For the raw data to be productive, it has to be analyzed,
processed, and refined further. As a part of the data processing workflow, data is
validated, filtered, reformatted, analyzed, and presented as usable information.
• Data Distribution - Once the data is analyzed, the next big step is data
distribution; this enables organizations to define who uses the data and to what
extent. This is the most crucial step where data delivers its full business value; it
plays a major role in business decision-making and communication with various
stakeholders.
• Data Archive - Data archiving is essential to the data management lifecycle. In
fact, it is the activity during which data is often examined, cleansed, and
preserved. This process guarantees data security by preserving and making
information available for future use. Archived data is, in essence, a gold mine.
• Data Deletion -This is the final phase of DLM, where the data is deleted and
destroyed securely from the records. Too much unrequired data will consume
storage space and become a burden for the business. Hence the data is deleted
from archives too when it exceeds the required retention period.
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