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Information Lifecycle Management (ILM) is a strategy for managing the storage and usage of information throughout its lifecycle. It is a component of Information Management, which is the practice of collecting, organizing, and maintaining information. ILM focuses on the storage and usage of information, and is designed to ensure that information is stored in the most efficient and cost-effective manner. It also helps organizations to ensure that information is secure and compliant with applicable regulations. ILM is a key component of Information Management, as it helps organizations to ensure that their information is secure, compliant, and cost-effective. It also helps organizations to ensure that their information is available when needed, and that it is stored in the most efficient manner. Some companies in the ILM market include IBM, Oracle, Microsoft, EMC, HP, and Hitachi Data Systems. Show Less Read more