Modern organizations are required to retain and safeguard sensitive data for longer periods of time, thanks to increased regulations and governance guidelines (e.g. the Sarbanes-Oxley Act, or the European Data Privacy Directive). Thus, in addition to their many other responsibilities, IT managers today have two additional responsibilities:

• Store vast quantities of data, at the lowest cost
• Meet new regulatory requirements for data retention and protection

As the quantity and value of information increases over time, data grows more costly and complex to store and manage. Following Information Lifecycle Management (ILM) best practice reduces overall total cost of ownership and provides better data retention and compliance.