Information Lifecycle Management refers to a wide-ranging set of strategies for administering storage systems on computing devices. Specifically, four categories of storage strategies may be considered under the auspices of ILM.
Information Management consists of the practices that facilitate operational storage management. These include the principles that guide ILM; the storage management tools and practices; database management practices; system performance and monitoring; system configuration; capacity planning; and business controls. Business controls generally include chargeback, costing and P&L-related metrics.
How the ILM Service works?
1 Analysis of requirements and business policies
2 Data Archiver service installed and enabled on customers network
3 Archiving policies and schedules defined Storage Options
4a Data archived to customers’ storage
4b Optional offsite backup of customer archive storage pool
5 Data archived to offsite storage utility at InTechnology data centres
Information Lifecycle Management (sometimes abbreviated ILM) is the practice of applying certain policies to the effective management of information throughout its useful life. This practice has been used by Records and Information Management (RIM) Professionals for over three decades and had its basis in the management of information in paper or other physical forms (microfilm, negatives, photographs, audio or video recordings and other assets).
ILM includes every phase of a "record" from its beginning to its end. And while it is generally applied to information that rises to the classic definition of a record (Records management), it applies to any and all informational assets. During its existence, information can become a record by being identified as documenting a business transaction or as satisfying a business need. And while most records are thought of as having a relationship to business, not all do. Much recorded information may not serve a business need of any sort, but still serves to document a critical point in history or to document an event. Examples of these are birth, death, medical/health and educational records.
More info about Information Life Cycle management can be found on weblink:www.intechnology.co.uk/intech_CMS/managedS.asp?id=1310
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