Every corporation at present faces conflicts in the task of managing everlasting amounts of mostly unstructured business data (pictures, emails, documents, videos). In addition, the rising amount of business and functional data lead to complex administration, poorer performance as well as longer backup cycles. Furthermore, workers waste extra time in looking for business information or put extra effort on a variety of versions of documents, exclusive of visibly deliberation that is presently valid (SUN, 2005).
At the present, organizations have various concerns, for instance, IT costs require to be minimized, as well as the gain for the business department requires to be optimized. In addition, the information technology structure needs to be modified according to the business requirements as much as probable, as well as store and handle information on the whole lifecycle according to its present value (Oracle, 2007).
The better arrangement among IT processes and business objectives have conventionally been considered as the chief information officer’s task. Though, flourishing IT/business configuration involves more than executive-level misunderstanding, for instance, connecting business goal for storage actuality necessitates a complex chain of decisions, information, tools and competent infrastructure. In addition, the corporations require IT management resolutions that offer a perceptive of how technology facilitates, influences as well as facilitates their business-critical aspects and services. Furthermore, corporations require solutions that permit them to evaluate the influence of new business strategies (for instance, business growth or new applications) on IT processes (SUN-2, 2005).
The potential conflicts among operations managers and information technology managers can be resolved through information life cycle