Data life cycle

The life cycle of data is plan, capture, manage, analyze, archive and destroy.

Plan

During planning, a business decides:

• what kind of data it needs
• how it will be managed throughout its life cycle
• who will be responsible for it
• the optimal outcomes

Capture

This is where data is collected from a variety of different sources and brought into the organization.

Manage

We need to consider:

• how we care for our data
• how and where it's stored
• the tools used to keep it safe and secure
• the actions taken to make sure that it's maintained properly.

Analyze

In this phase, the data is used to solve problems, make great decisions, and support business goals.

Archive

Archiving means storing data in a place where it's still available, but may not be used again.

Destroy

We destroy data for protecting a company's private information, as well as private data about its customers.