Fresh data is data that is up-to-date and immediately usable. It is always accessible and up-to-date, the data sources are traceable and can be analyzed in real time. The term Fresh Data implies the inclusion of metadata. Whereby contextual metadata form an added value and offer the possibility to gain information from data.
A key criterion of fresh data is data integration. This is the ability to transform and combine data from multiple data sources to provide consistent and timely information for business reporting and business analytics. Another criterion is consistency. This ensures that all data instances across the enterprise are automatically updated and that every employee is using the same up-to-date data. Data Lifecycle Management( DLM) manages the flow of information system data throughout its lifecycle, from creation to initial storage to when it becomes obsolete and deleted.