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Information Technology Infrastructure Library (ITIL) provides a framework of best-practice guidance for IT service management and has grown to become the most widely accepted IT service management in the world. Some of the benefits that can be achieved using ITIL are as follows:
Increased user and customer satisfaction with IT services
Increased availability leading to business benefits and increased revenue
Financial savings from reduced rework, lost time, and improved resource usage
Improved time to market for new products and services
Improved decision making