Unlocking Business Value with ITIL 4: A Comprehensive Guide
Introduction In today’s digital age, organizations are under pressure to deliver high-quality services to their customers while keeping costs low. This is where ITIL 4 comes in – a widely adopted framework that helps businesses create value for their customers while improving their internal processes. In this blog post, we will explore the concept of business value and how ITIL 4 can help organizations achieve it. Understanding Business Value Business value refers to the return on investment (ROI) that an organization receives from its IT services. According to a study by Forrester, 70% of organizations consider business value to be a critical factor in measuring the success of their IT services. However, many organizations struggle to define and measure business value, which can lead to a lack of alignment between IT and business goals. ...