Lifecycle
What is Lifecycle?
The term "Lifecycle", in a technology context, refers to the stages a product or service goes through from its conception to its retirement. This encompasses planning, design, development, testing, deployment, maintenance, and eventual decommissioning. Understanding and managing the lifecycle is crucial for optimizing resources, ensuring quality, and maximizing return on investment. Common use cases include software development lifecycle (SDLC), product lifecycle management (PLM), and data lifecycle management, each tailored to its specific domain.
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