Home Finance ITIL® V3 vs. ITIL® V4: The Actual Differences
Finance

ITIL® V3 vs. ITIL® V4: The Actual Differences

itil® v3 vs. itil® v4

An overview of ITIL V3

ITIL V3 is an updated form for the organization that focuses on the requirements and environment of the business world. It includes the strategic elements that are incorporated into the business requirement. However, it is service-oriented and focuses on service management.

Along with this, it offers structure and flexibility to the organization. This also includes the lifecycle of IT firms and services. In addition to this, communications play a huge role in a company’s lifecycle.

An overview of ITIL V3

ITIL 4 is the fourth industrial revolution in terms of organization and individuals reflects it amazingly. The ITIL v4 is all about Agile, DevOps, and integration, leaning on the framework. It bridges the gap between organizational and operational objectives in a steady manner. ITIL 4 includes the guidance of the service economy that works well in the information technology mode. The best way to learn from ITIL 4 certification program for more such information.

It also contains a comprehensive guide to the modern era for management mode. The working model of ITIL includes the tech-enabled services and products covering the delivery as per the digital operating model and end-to-end II. It also covers the interface’s guidance, business strategies, and lead generation.

The actual difference between ITIL V3 and ITIL V4

While much of ITIL 4 is not rebuilt from the ground up, there are a few significant differences in critical areas.

Processes to Practices

Firstly, the approach and attitude of the framework have changed drastically. To put it better, ITIL v3 was a very process-centric framework, and it directed practitioners to implement ITIL by the book, inevitably landing them in a complex web of solutions.

Whereas ITIL 4 is more developed and skilled in this approach. Instead of idealizing processes and encouraging the practitioners to implement the same, ITIL 4 recommends 34 individual “practices.”

No more Service Lifecycle

ITIL 4 gets rid of the service lifecycle described in ITIL v3. Instead, the authors have introduced a new operating model called the Service Value System (SVS). It’s a flexible illustration of the component concepts required to deliver efficient ITSM.

While the service lifecycle follows a particular path from start to finish, the ITIL 4 SVS presents an ecosystem of all the different components that are stakeholders in your value creation process. It also describes a Service Value Chain, which is the core of any value creation activity in an organizational environment.

The Guiding Principles

ITIL 4 describes eight guiding principles, which act as recommendations that guide an organization through its service management lifecycle, irrespective of the goals, strategies, or structure changes.

The Agile, Lean, and DevOps influence

In evolving into a more holistic best practice framework, ITIL 4 has expanded beyond its horizons and incorporated the principles of popular approaches to IT like Agile, Lean, and DevOps.

For example, the co-creation of value, a guide borrowed from Lean, has taken the limelight in this revised edition of ITIL.

Focus on value

ITIL v3 is focused more on the requirements of the environment in the business world. Undoubtedly, we should focus on additional practices and new material on integration and valuation. The latest version of ITIL 4 encourages every individual to upgrade themselves while increasing collaboration and communication across the organization.

 How can I translate from ITIL V3 to V4?

Suppose you are ITIL v3 certified and have 17 credits or more from the ITIL v3 track. In that case, you should be eligible to take the ITIL 4 Managing Professional Bridge Exam (this exam shall be available sometime in H2 of the year). If you are only ITIL v3 Foundation certified and would like to upgrade your knowledge to ITIL 4, you need to take the ITIL 4 entry-level foundation examination (if you are ready to take on your preparation or attend training and then appear for the examination). There is no bridge exam available for ITIL v3 to ITIL 4 at the foundation level.

Considering the difference between the foundation exam of ITIL v3 and ITIL v4, professionals with more experience in this industry might wonder about changing and upgrading their certification. The ITIL v4 certification can significantly benefit an IT professional because it speeds up your knowledge and makes a more straightforward way to gain this course.

What is the purpose of introducing ITIL V4?

The fourth industrial revolution in terms of organization and individuals reflects it amazingly. The ITIL v4 is all about Agile, DevOps, and integration, leaning on the framework, and it bridges the gap between organizational and operational objectives in a steady manner.

ITIL 4 includes the guidance of the service economy that works well in the information technology mode. It also contains a comprehensive guide to the modern era for management mode. The working model of ITIL v4 includes the tech-enabled services and products covering the delivery per the digital operating model and end-to-end II. It also covers the interface’s guidance, business strategies, and lead generation.

Who should take up the ITIL v4 certification course?

There are no specific prerequisites for this training course and the subsequent ITIL®4 Foundation certification exam. Those who know ITIL consider this certification training and can be used for the service-related operations for management mode in an organization.

An individual who can take up IT professionals, Business managers, Business process owners, Project managers, ITSM managers, IT professionals in digital, IT professionals in the product, and IT professionals in development, can apply for this course to upgrade their careers.

Final thoughts

But, remember changing from ITIL 3 to ITIL 4; there isn’t a change in the content but instead a shift in approach and philosophy. ITIL 4 certifications bring a unique advantage to IT professionals in developing their skills and adding another certification value to their lives, not money but knowledge.

One key takeaway in this higher-level introduction is that ITIL has changed for good. From being the posture of an overarching coverage, it has stepped down to fit better into modern IT and service management.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Building a Secure Future - How Investment Advisors Empower Clients to Achieve Their Goals
Finance

Building a Secure Future – How Investment Advisors Empower Clients to Achieve Their Goals

Build your future with a personalized goal-based financial plan. Providing a great...

Auto Insurance
Finance

Auto Insurance FAQs To Help You Make the Best Decision For Your Policy

Purchasing a new auto insurance plan can often feel overwhelming due to...

A Comprehensive Guide To Crowdfunding: 5 Things To Know
Finance

A Comprehensive Guide To Crowdfunding: 5 Things To Know

Crowdfunding raises money for projects or causes by getting many people to...

What You Should Know About Fundamentals of Finance Programs
Finance

What You Should Know About Fundamentals of Finance Programs

If you’re interested in learning about the financial sector, you may consider...