Data life cycles -Compare and contrast IT lifecycle approaches Essay

Data life cycles -Compare and contrast IT lifecycle approaches - Essay Example In this scenario, the option is an extremely disconnected firm with islands of proficiency in a sea of mislaid opportunity (IBM, 2012). However, to help businesses organize these endeavors, a group of IT lifecycle approaches and solutions exists, which is a collection of integrated systems and tools, developments and services to support the collaboration and communication of company, development, functions and stakeholders. Moreover, every forward-thinking is particularly planed to facilitate teams in tackling key cross-lifecycle actions that are most important to offer timely and productive worth to the company (IBM, 2012). In addition, it should be clear that businesses have to make the process of data storage more efficient. The benefit is that ILM/DLM (data and information life cycle management) creates high-quality business sense: actually, that is why it subsists in the primary place. In this scenario, ILM/DLM is a precondition for high-quality business governance; however is a s well a crucial component of high-quality industry conduct. Additionally, it takes care of company’s reputation and deals with risk, and supports a secure and reliable dealing environment. Moreover, it defends worldwide financial marketplace security and stability in addition to tracking doubtful customers' group. As well, it gives importance to clients’ self-assurance. Furthermore, it helps avoid terrorists and money-laundering as well as harmonizes global authoritarian approaches (TechTarget, 2007; Brinkmoller & Fischer, 2007). Basically, the DLM is a policy-based method that is used to handle and organize the flow of data and information system's data all through its life cycle: from configuration and preliminary storage to the time when it turns out to be old-fashioned and is deleted. In addition, data life cycle management products computerize the procedures concerned. Additionally, new data and information that have to be accessed more often, are stored on rapid and more costly storage media, on the other hand less critical data is stored on less costly and slower storage media (TechTarget1, 2004; Enterprise Integration, Inc., 2006). Moreover, HSM (Hierarchical storage management) is also a kind of data life cycle management product. In this scenario, the hierarchy refers to various kinds of data and information storage media, like that RAID (redundant array of independent disks) data and information systems, tape, optical storage, every type demonstrating a specific level of cost as well as speed of data recovery when access is necessary. In addition, HSM product allows data or system administrator to create and implement strategy for how frequently different types of files are to be stored to a backup data and information storage device (TechTarget1, 2004; Enterprise Integration, Inc., 2006). In simple words, ILM is all about understanding the data value with respect to time. The value of data changes with time and various rules are avai lable to administer how long data must be saved for, how secure the data store must be, and when the data must be removed from that store. However, these values will vary for different categories of data. In addition, ILM engages classifying data classes into business importance categories, then creating and

Ghana Cocoa Industry Essay Example | Topics and Well Written Essays - 2250 words

Ghana Cocoa Industry - Essay Example However, it is of great significance to note that output varies on an annual basis. Factors such as price fluctuations, politics, and management play a crucial role in influencing output. Discussed in this paper is the role of politics in influencing cocoa production in Ghana, and interventional strategies set up to boost production of cocoa in the country. In addition, the paper also analyzes the cocoa industry in Ghana from different theoretical perspectives. Political theory centers on the analysis of economics influence on political ideologies. Tenants of the theory uncover the interplay of relationships between law, politics, and economics. In addition, it analyzes the development of various institutions in different economics and social systems for example, capitalist, socialist, and communist systems. Competing interests of specific individuals, groups or institutions affect a countrys economic development. This theory enables individuals visualize and understand the formation of public policies. Small-scale farmers in Ghana lack the resources to export their produce directly. They rely on intermediaries (businesspersons) and the government to broker deals with customers interested in their produce. Herein, lays the root cause of the countrys economic problem. These farmers receive meager compensation compared to the parties charged with the task of brokering the deal. As a result, poverty in Ghana is at an all-time high despite its flourishing cocoa industry. As mentioned, Ghana ranks second after Ivory Coast in the cocoa export industry (Ecobank, 2013). The country lost the title amidst waves of political upheaval in the country. In a bid to advance their personal interests, influential individuals mismanaged the cocoa industry. Through the Cocoa Marketing Board, farmers received fixed compensation for their produce.