Data Lifecycle
Data Lifecycle refers to the stages that data goes through from its creation to its retirement. The stages include data creation, data storage, data processing, data analysis, data sharing, data archiving, and data destruction. The data lifecycle is important in data management as it helps organizations to manage their data effectively and efficiently. By understanding the data lifecycle, organizations can ensure that data is properly managed, secured, and used in compliance with regulations and policies. The data lifecycle also helps organizations to identify opportunities for data reuse and to optimize their data management processes.
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