ISACA acquires CMMI Institute
ROLLING MEADOWS - ISACA, the professional association for IT governance, assurance and cybersecurity professionals, said it has acquired CMMI Institute, a global leader in the advancement of best practices in people, process and technology.
ISACA provides knowledge, standards, networking, credentialing and career development to IT and cyber security professionals. Through its guidance and services, ISACA defines the roles of information systems governance, security, risk and assurance professionals worldwide.
CMMI Institute is the organization behind the Capability Maturity Model Integration, the globally adopted capability improvement framework that guides organizations in high-performance operations. CMMI Institute provides the tools and support for organizations to benchmark their capabilities and build maturity by comparing their operations to best practices and identifying performance gaps.
"Our acquisition of CMMI Institute will help us to broaden our focus on helping professionals and their organizations optimize their use of technology, increase value for stakeholders and improve business performance," said ISACA CEO Matt Loeb, CGEIT, CAE.
ISACA and CMMI Institute share a vision for advancing organizational performance that centers on driving excellence in the IT, information systems governance, data management governance, software, and systems engineering functions in organizations 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 organizations."
The number of organizations earning a CMMI maturity level rating in 2015 increased 28 percent in the US and 17 percent globally. Fueled by the demand among global business leaders to improve organizational capabilities and drive business results, CMMI Institute continues to grow year over year in the number of CMMI maturity level ratings earned by organizations. In 2015, more than 1,900 high-performing organizations earned a CMMI maturity level rating.
ISACA and CMMI Institute will continue to operate separately, with CMMI Institute operating as a subsidiary of ISACA. Additional information is available at www.isaca.org/cmmi-institute.