The life cycle status is maintained in the corresponding asset forms. There you will also find the desired status values.
Am aware of the status field in the corresponding asset forms. What I wonder is, where in the system it is meant to keep track of if a specific software or hardware is to be used or not. I.e. you might have 300 servers running on the hardware Dell XXYY. Each server has a corresponding CI instance in the class ComputerSystem, most of them with the field Status set to Deployed.
But where and how do you keep track of if this particular hardware Dell XXYY is to be end of life?
Each computersystem instance/CI will be set to Status = End of life, Disposed or else when that happens for that particular CI. The organization also want to keep track of the hardware model as such, when it is to be end of life, decommissioned and so on. Where and how is that done?
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the CMDB isn't really set up for that; maybe use a Contract? You could create a new contract type that's something like EOL?
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Please use the Product catalog Model for the lifecycle of an entire product. Then you can report out on EOL dates, general discontinued dates, the status of McAfee, etc.
E.g. your CI would be "Deployed" but the actual end of support was 01/01/2020.
You can also get the data of EOL and import it into the product catalog