Not Information Lifecycle Management but Information Value Management.Customers have been inundated in·un·date tr.v. in·un·dat·ed, in·un·dat·ing, in·un·dates 1. To cover with water, especially floodwaters. 2. with marketing collateral Marketing collateral, in marketing and sales, is the collection of media used to support the sales of a product or service. These sales aids are intended to make the sales effort easier and more effective. recently about a seemingly new concept called Information Lifecycle Management Information Lifecycle Management refers to a wide-ranging set of strategies for administering storage systems on computing devices. Specifically, four categories of storage strategies may be considered under the auspices of ILM. (ILM), or the process of automatically migrating data across storage media throughout the life of the data. Vendors claim that now, managing information throughout its lifecycle from creation to deletion should be a priority. This has long been a concept held and executed at the mainframe level that is now taken hold in the distributed world due to explosive data growth, compliance issues, and the reality that budgets for hardware and people can't grow at commensurate rates. More specifically, there are three factors forcing customers to rethink the way they manage storage: cost, compliance mandates, and internal policies on data management. The cost of storage today makes it nearly impossible for organizations to afford to squander squan·der tr.v. squan·dered, squan·der·ing, squan·ders 1. To spend wastefully or extravagantly; dissipate. See Synonyms at waste. 2. their storage resources. Better examination of the data stored on their systems and the value it offers is crucial to better align IT strategies to greater business goals. With storage needs growing at a rate much greater than storage budgets, it is critical to manage and archive data according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. its business value while considering accessibility, recoverability and the ability to leverage the data for business intelligence. As information grows less critical to the business, it should be moved to less expensive media, proportional to its business value. This is the approach envisioned by IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) some 30 years ago with the advent of hierarchical storage management See HSM. first used in mainframe environments. Today, managing the value of information is the first step in better integrating and managing data scattered Scattered Used for listed equity securities. Unconcentrated buy or sell interest. throughout organizations in order to find ways to identify the right data and put that information to use. It is not good enough to think of storage management as Information Lifecycle Management. The objective should be to attain Information Value Management or, more specifically, to know what you have on your storage network and implement policy-based automation for the appropriate placement of the data in line with your cost, compliance and internal policies. First Step: Find Out What You Have With data growth rates Growth Rates The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures. Notes: Remember, historically high growth rates don't always mean a high rate of growth looking into the future. doubling every year, many companies find the issue they are grappling with is not that their storage is growing too fast to handle but, surprisingly, they simply don't know Don't know (DK, DKed) "Don't know the trade." A Street expression used whenever one party lacks knowledge of a trade or receives conflicting instructions from the other party. what they have. This is one of the primary obstacles to moving toward an information management strategy based on the value of the data contained within an organization. The value of data in the data center is a mystery to many organizations. Upon further analysis, many find outdated, unused and obsolete files that can easily be deleted or migrated off to cheaper storage media. Quite often, these outdated and obsolete files are the main reason that companies' data levels are continuing to grow unchecked, making it harder to categorize cat·e·go·rize tr.v. cat·e·go·rized, cat·e·go·riz·ing, cat·e·go·riz·es To put into a category or categories; classify. cat the key data--much less, to prioritize pri·or·i·tize v. pri·or·i·tized, pri·or·i·tiz·ing, pri·or·i·tiz·es Usage Problem v.tr. To arrange or deal with in order of importance. v.intr. business information based on its value and importance to the business. This is true in organizations of all sizes. In talking with numerous customers who pride themselves on organizational efficiency, IBM found that the storage environment is often one of the last areas they turn to for improving business efficiency. While many organizations invest millions of dollars in total quality management programs and push to achieve process perfection in business, a quick look under the covers of their storage systems reveals a lot of room for improvement. An informal survey of IBM customers showed many had data growth rates as high as 50% per year. In almost every instance, data centers were riddled with inactive files, multiple copies of data or non-critical data. They had less valuable data stored on more expensive storage media. One reason for these patterns is a perception among end users (i.e., employees) that storage is free. This misconception mis·con·cep·tion n. A mistaken thought, idea, or notion; a misunderstanding: had many misconceptions about the new tax program. among end users can prove to be quite costly. [ILLUSTRATION OMITTED] Today's business Today's Business is a show on CNBC that aired in the early morning, 5 to 7AM ET timeslot, hosted by Liz Claman and Bob Sellers, and it was replaced by Wake Up Call on Feb 4, 2002. environment makes it impossible for organizations to afford to squander any resources. Better examination of the data stored on their systems, and the value it offers, is crucial to better align IT strategies to greater business goals. Understanding and measuring what is in your storage network is the initial step in setting up an information value management strategy. This is also critical to developing a data retention and regulatory compliance strategy, which can help reduce cost and risk, and also improve data accessibility. The end result can give organizations a competitive edge by aligning the flow of information across the enterprise as it relates to customers, suppliers and partners, so that data can be better accessed and used. It can also help ensure sound storage management practices that can help withstand the rigors of an audit or legal examination. Following are some ways companies can gain insight into the value of the data on their systems and make better decisions about their data management strategies Audit and Report to Control Storage Growth Through monitoring and reporting, storage resource management (SRM (1) (Storage Resource Management) The management of the storage resources in an organization in order to avoid duplication of files and to determine space utilization across all servers. ) software can help gather information about how storage resources are used by various applications, departments and/or lines of business. Through historical trend analysis, dependencies in the business can be identified and storage resources can be allocated appropriately based on growth and cost projections. The end result is better control of storage growth with automated identification and movement of low-activity or inactive data to lower-cost storage. For organizations challenged with business or regulatory requirements Regulatory requirements are part of the process of drug discovery and drug development. Regulatory requirements describe what is necessary for a new drug to be approved for marketing in any particular country. , this can also help manage the cost associated with storing outdated but important data for regulatory or book-keeping requirements. Classify Your Data Data should be categorized cat·e·go·rize tr.v. cat·e·go·rized, cat·e·go·riz·ing, cat·e·go·riz·es To put into a category or categories; classify. cat based on the type of information and its relative value to the business goals of the organization. This is key to effective capacity management. It allows valid data (the data that is actively being used in the generation of revenue) to be pooled and shared, while older or less valuable information can be stored and archived for future reference. This ensures that mission-critical data is readily available on demand, without wasting valuable resources that could be better used in another capacity. Likewise, categorizing data also helps prioritize and ensure the recoverability of data based on its value to the business. Empower Storage Administrators Through Automation With the use of SRM tools to monitor and analyze storage trends, and taking the time to accurately classify data based on its value, the next logical step is to move toward automation of many common storage management tasks. Automation can eliminate or minimize manual intervention--shrinking the time it takes to do routine tasks, saving budget and resources to manage the storage network, and reducing the chance of human error. For example, a file system running out of storage capacity can slow down application performance, hinder users and eventually lead to costly work stoppages. Automated solutions can monitor the capacity of the file system and policies can be set to automatically add capacity, shift resources and alert the administrator. This solves any immediate problems and protects against downtime The time during which a computer is not functioning due to hardware, operating system or application program failure. . It also empowers administrators to more easily manage heterogeneous storage, and frees them up to focus on other more mission-critical tasks. Open Standards Specifications for hardware and software that are developed by a standards organization or a consortium involved in supporting a standard. Available to the public for developing compliant products, open standards imply "open systems;" that an existing component in a system can be replaced for Consistent Data Management The best way to integrate across and beyond the enterprise is to build on standards-based storage technology, rather than putting faith in proprietary architecture. Standards-based storage software can help companies integrate and automate business processes and provide flexibility of choice in storage providers without having to change the way the environment is managed. There is no room for rip and replace or being locked into one hardware vendor in an effective information value management strategy. [ILLUSTRATION OMITTED] Finally, while Information Lifecycle Management is certainly not a new concept, focusing on this one aspect of data management can be too limiting. Management and protection of information is one of the most important tasks facing IT organizations today. There is considerable payback Payback The length of time it takes to recover the initial cost of a project, without regard to the time value of money. to optimizing the cost and performance of storing data. While some vendors tout Tout To promote a security in order to attract buyers. tout To foster interest in a particular company or security. For example, a broker might tout a security to a client in the hope that the client will purchase the security. lifecycle management of data, it is really the value of the information you are managing that should take precedence. This process first begins with understanding what is stored and auditing and classifying data in order to take advantage of the time and cost savings associated with automating common storage management tasks. Finally, this enables a storage environment in which information can be managed based on its value to the organization. The end result will be a newfound new·found adj. Recently discovered: a newfound pastime. Adj. 1. newfound - newly discovered; "his newfound aggressiveness"; "Hudson pointed his ship down the coast of the newfound sea" ability to leverage existing data for business intelligence, and better access to data for compliance purposes. www.ibm.com Laura Sanders is vice president, IBM TotalStorage Open Software (Austin, TX) |
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