Information Lifecycle Management (ILM)
Information Lifecycle Management (ILM) is a methodology designed to address data management issues. Old data starts becoming an overhead to the overall application not only in terms of storage, but also in terms of performance. The old data, which has completed its lifecycle, can be removed from the system to improve performance, and make an overall savings in terms of cost. Therefore, we recommend you archive voluminous data at regular basis. The archiving process needs to ensure that the referential integrity of the overall system is maintained. Archiving keeps the volume of data in the production database at a manageable level without compromising the system's ability to perform normal operations.
Parent Topic: Oracle Revenue Management and Billing Generic Business Processes