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Enterprise Lifecycle Management (ELM)

Related terms: asset lifecycle management, operational efficiency, process optimization, risk management, governance framework

What is Enterprise Lifecycle Management (ELM)

Enterprise Lifecycle Management (ELM) is the process of managing an organization’s systems, processes, and assets from inception to retirement. It ensures operational efficiency and compliance across all lifecycle stages.

Why ELM matters

ELM helps organizations streamline workflows, reduce risks, and align assets with strategic objectives, ensuring long-term sustainability.