What is live in SAP BC-ILM - Information Lifecycle Management?

SAP Term: live

• Component: BC-ILM

• Component Name: Information Lifecycle Management

• Description: Status of an ILM policy that the enables the related ILM rules to be used operatively.

Smart SAP Assistant

• Key Concepts: 
  Live is a term used in SAP's BC-ILM Information Lifecycle Management component. It refers to the active state of data, meaning that it is available for use and can be accessed and modified. Live data is stored in the system and can be used for various purposes, such as reporting, analytics, and decision-making. 
  
  How to Use It: 
  Live data can be accessed through the SAP system. Depending on the user's access rights, they may be able to view, modify, or delete the data. The data can also be used for reporting and analytics purposes. Additionally, live data can be used to make decisions about the business or organization. 
  
  Tips & Tricks: 
  It is important to ensure that only authorized users have access to live data. Additionally, it is important to regularly review and update the data to ensure accuracy and relevance. 
  
  Related Information: 
  Live data is related to archived data, which is stored in a separate system and cannot be modified or deleted. Archived data is used for historical purposes and cannot be used for decision-making or reporting.