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ITIL management refers to the implementation of management strategies and standards from the Information Technology Infrastructure Library (ITIL). IT professionals use this term to refer to the use of the best practices and management recommendations provided by ITIL in a corporate context.
What ITIL management delivers to businesses is the ability to reduce costs and improve value through efficiency and best practices for IT management. This may involve restructuring storage networks or databases, vetting tools for monitoring and oversight, or dealing with security issues. In various categories, ITIL offers the general community guidelines and resources for improving how a business works with sophisticated IT architectures in the 21st century.