IT Capability Model Framework (IT Sample Clauses

IT Capability Model Framework (IT. CMF)‌ Description: Initially developed by Intel's IT division, the IT capability maturity framework (IT-CMF) is now owned by the Innovation Value Institute (IVI) consortium based in NUI, Maynooth, Ireland [28]. IVI and Intel continue to work closely on joint development of the IT-CMF but now this activity happens under the support of the Intel Labs Europe (iLE) rather than Intel IT division. IVI's membership spans academic, industry, consulting, analyst, and professional bodies around the world. More than 200 companies around the world currently use the IT-CMF. It consists of four main pillars that can viewed as process areas that are then decomposed into critical capabilities (CCs) [29]. Aim: Enable better management and continual development of an organization’s IT capability to deliver higher business value. It consists of four inter-related strategies for improving IT capability, identifying and prioritizing opportunities, reducing costs, and optimizing the business value of IT investments.
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