Lifecycle Governance is the process of managing business information throughout its lifecycle, from requirements through retirement. The lifecycle crosses different application systems, databases and storage media. By governing information properly over its lifetime, organizations are better equipped to deliver competitive offerings to the market faster and support business goals with less risk.
The day-to-day challenges of Lifecycle Governance are exacerbated by the growth of data volumes. Lifecycle Governance solutions give organizations the agility to respond quickly enabling cross-role collaboration and high quality to accelerate delivery and performance of applications, upgrades, consolidations and enhancements to support business growth and compliance.
There are four main areas organizations should focus on for streamlining management of the data lifecycle: