What is policy category in SAP BC-ILM - Information Lifecycle Management?

SAP Term: policy category

• Component: BC-ILM

• Component Name: Information Lifecycle Management

• Description: The policy category determines the structure of the ILM rules of an ILM object depending on its purpose. SAP delivers the following policy categories: Retention rules Specifications regarding the determination of the minimum and maximum retention periods start and minimum dates as well as the end date for an ILM object Residence rules Specifications regarding the determination of the residence period of an ILM object; can be used to represent the residence time residence duration in the database up to the time of data archiving

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• Key Concepts: 
  Policy category is a term used in SAP's Information Lifecycle Management (ILM) component. It is a way of organizing and categorizing data and documents according to their importance and relevance. A policy category can be used to define the lifecycle of a document or data set, such as when it should be archived, deleted, or updated. 
  
  How to use it: 
  Policy categories are used to define the lifecycle of a document or data set. This includes when it should be archived, deleted, or updated. The policy categories can be customized to fit the specific needs of an organization. For example, an organization may have different policy categories for different types of documents or data sets. 
  
  Tips & Tricks: 
  When creating policy categories, it is important to consider the specific needs of the organization. It is also important to consider the lifecycle of the documents or data sets that will be associated with each policy category. This will help ensure that the policy categories are effective and efficient in managing the lifecycle of the documents or data sets. 
  
  Related Information: 
  For more information on SAP's Information Lifecycle Management (ILM) component, please visit https://help.sap.com/viewer/product/SAP_ILM/7.0/en-US.