COBIT (Control Objectives for Information and Related Technology) helps organizations meet business challenges in regulatory compliance, risk management and aligning IT strategy with organizational goals. COBIT 5, the latest iteration of the framework, was released in 2012. 

COBIT enables organizations to identify inefficiencies in their IT processes and activities. Therefore it assists in implementing measures for a better efficient model. It can also eliminate duplication of efforts, improve the use of resources, and lead to increased efficiency and productivity