ITIL 4 is not just the next version, this ITIL update is the first major update to ITIL since 2007. This update specifies ITIL as “a framework for service management” as against the “IT service management” which reflects the trend of applying service management best practices in the domain of enterprise and business services.
In simple words, ITIL 4 is launched to focus on ‘end-to-end service management from demand to value.’ It is a community-driven update and has integrated Agile, DevOps and Lean concepts with ITIL best practices. Thus helping professionals to compete in the growing and complex market.