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Information lifecycle management (ILM) refers to strategies for administering storage systems on computing devices.
ILM is the practice of applying certain policies to effective information management. This practice 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 (and thus related to records management), it applies to 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. In this sense ILM has been part of the overall approach of enterprise content management.
However, in a more general perspective the term "business" must be taken in a broad sense, and not forcibly tied to direct commercial or enterprise contexts. While most records are thought of as having a relationship to enterprise business, not all do. Much recorded information serves to document an event or a critical point in history. Examples of these are birth, death, medical/health and educational records. e-Science, for example, is an area where ILM has become relevant.
In 2004, the Storage Networking Industry Association, on behalf of the information technology (IT) and information storage industries, attempted to assign a new broader definition to Information Lifecycle Management (ILM). The oft-quoted[by whom?] definition that it released that October at the Storage Networking World conference in Orlando, Florida, stated that "ILM consists of the policies, processes, practices, and tools used to align the business value of information with the most appropriate and cost-effective IT infrastructure from the time information is conceived through its final disposition."[1] In this view, information is aligned with business processes through management policies and service levels associated with applications, metadata, information, and data.
^As cited in: Francis, Bob. "SNIA nails down ILM definition." InfoWorld. 1 November 2004: 14.
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