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This is where ITIL , or the Information Technology Infrastructure Library, comes into play. What Is ITIL ? ITIL , or Information Technology Infrastructure Library, is a comprehensive framework that helps organizations manage their IT services effectively. ITIL stands for Information Technology Infrastructure Library, a set of best practices for IT activities such as IT service management and IT asset management. ITIL 4 is the latest version, released in 2019, with a focus on value, collaboration, and agility. ITIL stands for Information Technology Infrastructure Library, a set of best practices for IT service management. Learn how ITIL helps businesses improve service delivery, manage risks, and align IT with business objectives. ITIL stands for Information Technology Infrastructure Library . The acronym was first used in the late 1980s by the British government's Central Computer and Telecommunications Agency (CCTA) when it documented and distributed dozens of best practices in IT service management. However, ITIL no longer refers to "Information Technology Infrastructure Library " and became a stand-alone term in 2013. ITIL matured significantly since its introduction in the late 20th century as a series of books ...