COBIT 5 provides globally accepted principles, practices, analytical tools and models designed to help business and IT leaders maximize trust in, and value from, their enterprise’s information and technology assets. This update is the result of a four-year initiative led by a global task force and has been reviewed by more than 95 experts worldwide. To date, more than 16,000 professionals have preregistered to receive a copy. The previous version of COBIT has been downloaded more than 100,000 times.

“The advance interest in COBIT 5 has been overwhelming. It is clear that enterprises everywhere are aggressively seeking guidance on how to manage and ensure value from the growing mountain of information and increasingly complex technologies they are grappling with,” said Derek Oliver co-chairman of the COBIT 5 Task Force. “Information is the currency of the 21st century, and COBIT helps enterprises effectively govern and manage this critical asset,” he added

Five Principles and Seven Enablers

This significant update of the COBIT framework simplifies governance challenges with just five principles and seven enablers. The principles are: 1) Meeting Stakeholder Needs, 2) Covering the Enterprise End-to-end, 3) Applying a Single, Integrated Framework, 4) Enabling a Holistic Approach, and 5) Separating Governance From Management. The enablers, which help achieve enterprise goals, are: Processes; Principles, Policies and Frameworks; Organisational Structures; People, Skills and Competencies; Culture, Ethics and Behaviour; Services, Infrastructure and Applications; and Information.