Acquisition expands opportunities to help organisations optimize their use of technology, increase stakeholder value and improve business performance
ISACA, the professional association for IT governance, assurance and cybersecurity professionals, has announced that it has acquired CMMI® Institute, the global leader in the advancement of best practices in people, process and technology.
By joining forces, the two organisations will raise the level of enterprise wide performance for existing and prospective members and customers and reach more diverse markets.
ISACA provides knowledge, standards, networking, credentialing and career development to IT and cyber security professionals. Through its comprehensive guidance and services, ISACA defines the roles of information systems governance, security, risk and assurance professionals worldwide. CMMI Institute is the organisation behind the Capability Maturity Model Integration (CMMI), the globally adopted capability improvement framework that guides organisations in high-performance operations. CMMI Institute provides the tools and support for organisations to benchmark their capabilities and build maturity by comparing their operations to best practices and identifying performance gaps.
“We are living in a time of dynamic change in our industry, and technology has more power than ever before to transform an organisation. For nearly 50 years, ISACA has been committed to equipping the professions we serve with the resources they need to positively impact their enterprises,” said ISACA CEO Matt Loeb, CGEIT, CAE. “Our acquisition of CMMI Institute will help us to broaden our focus on helping professionals and their organisations optimize their use of technology, increase value for stakeholders and improve business performance.”
ISACA and CMMI Institute share a vision for advancing organisational performance that centers on driving excellence in the IT, information systems governance, data management governance, software, and systems engineering functions in organisations across a spectrum of industries.
“CMMI Institute is a natural fit for ISACA and we are very excited to unite with them to create new offerings for ISACA’s member community,” said Kirk Botula, CEO of CMMI Institute. “Together, we’ll offer a stronger portfolio of business solutions and professional development to both of our global customer bases and accelerate the pace of capability improvement and high maturity operations in their organisations.”
The number of organisations earning a CMMI maturity level rating in 2015 increased 28% in the US and 17% globally. Fueled by the demand among global business leaders to improve organisational capabilities and drive business results, CMMI Institute continues to grow year over year in the number of CMMI maturity level ratings earned by organisations. In 2015, more than 1,900 high-performing organisations earned a CMMI maturity level rating.
ISACA serves more than 140,000 members and certification holders working in the information systems governance, security, audit and assurance functions across all industries. This acquisition will expand ISACA’s reach to the thousands of organisations to which CMMI Institute has awarded a maturity level rating to improve their organisational capabilities and achieve higher maturity in their operations through their software, systems engineering and process improvement functions.
“Information technology is the backbone of the world economy and an enabler of business innovation. ISACA helps professionals and their organisations in gaining value through the right technology models and by removing impeding factors like cyberthreats,” said Christos Dimitriadis, Ph.D. CISA, CISM, CRISC, international president of ISACA. “Our acquisition of CMMI positions us well to accelerate our mission toward a more holistic approach, focusing even further on products and services engineering and operations.”