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Asset Lifecycle Managment

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Asset Lifecycle Management Glossary

Frequently Asked Questions About Data Lifecycle Management

What is data lifecycle management?
Data is growing in volume, variety and value. Research has shown that the amount of data is doubling every two years and will continue to do so through the end of the decade.1 Organisations are not only producing more data, they are required to save 1 “The Digital Universe of Opportunities: Rich Data and the Increasing Value of the Internet of Things,” IDC, April 2014 more data—and more types of data— to meet regulatory requirements and respond to potential e-discovery requests. This means there is more data to back up, archive and replicate for faster disaster recovery.
Is there still a place for tape in data lifecycle management, and if so, how, where and when do we use tape?

Reports of the death of tape are greatly exaggerated. Tape is still an extremely cost effective medium for archiving, and it will continue to have an important place in a data lifecycle management strategy. There are several factors to consider in using tape.

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