Information Technology Governance, IT Governance is a subset discipline of Corporate Governance focused on information technology (IT) systems and their performance and risk management. The rising interest in IT governance is partly due to compliance initiatives, for instance Sarbanes-Oxley in the USA and Basel II in Europe, but more so because of the need for greater accountability for decision-making around the use of IT in the best interest of all stakeholders.

Control Objectives for Information and related Technology (COBIT) is regarded as the world's leading IT governance and control framework. CobiT provides a reference model of 34 IT processes typically found in an organization. Each process is defined together with process inputs and outputs, key process activities, process objectives, performance measures and an elementary maturity model. Originally created by ISACA, COBIT is now the responsibility of the ITGI (IT Governance Institute).

The Benefits:

The primary goals for information technology governance are to assure that the investments in IT generate business value, and mitigate the risks that are associated with IT. This can be done by implementing an organizational structure with well-defined roles for the responsibility of information, business processes, applications, ICT infrastructure, etc.
Accountability is the key concern of IT governance.

Business Needs and Challenges:

• Business Technology
• Governance and Risk Compliance (GRC)
• Business Continuity
• Sustainable IT
• Global Sourcing
• Cloud Computing