Steps to Efficient Information Lifecycle Management Information Lifecycle Management is imperative to businesses that are data-dependent. In fact, all businesses are fast-evolving to be data-intensive. Data helps them to understand the market requirements and competition which makes them more competitive. But handling large volumes of data is a meticulous process
What are the Information Lifecycle Management phases? Information, like the business, goes through various phases in its lifecycle. Since information is required at every stage of the business, on a daily basis, it becomes imperative to understand each phase of the database lifecycle.For simplicity, we can divide Information Lifecycle Management
Every business that adopts Information Technology and is data-intensive, will benefit from Information Lifecycle Management. Information, being the most valuable asset of businesses, managing it will benefit the business in multiple ways. Digitization of information and processing it will make better use of data offering valuable insights into the business
Information Life-cycle Management – An Overview Information has become the oxygen for businesses. Data-driven businesses are proving to be successful as their strategies are well-aligned to the market requirements. Businesses either know what their customers demand and provide them that or approach those customers who prefer their products and services,
The outcome of Digital transformation The effectiveness of Digital Transformation is expected good. But had anyone expected this to happen within years of adopting a disruptive technology? Here’s what BBVA’s CFO announced in the 8th Financial Encounter, which was organized by Expansion and KPMG. As he says – “The bank
How to overcome the challenges and adopt the transformation? The need for Digital Transformation is already well-established under the evolving digital trends ruling the global market. The obvious challenges faced by companies that make them hesitant to adopt digital transformation have also been discussed in detail. Despite the challenges, more businesses are adopting digitization much rapidly than expected.
The Hurdles to Cross for Digital Transformation We all know already that digital transformation is inevitable for sustained growth of the business. As many advantages as it showcases it could, sometimes, also be disruptive. The other side of the Digital Transformation coin are also to be analyzed deeply before the
Why do you need a Digital Transformation? Digitization has taken all businesses by storm. While the internet has taken the businesses globally, survival becomes even more difficult, unless you are sharp and act quick. Acting upon mere assumptions and past data calls for a major risk which companies do not