21 September 2015
Axelos - maximising the value of intellectual property
Taking a closer look at Capita's joint venture with the Cabinet Office.
AXELOS is a joint venture between Capita and the Cabinet Office and was launched in January 2014 to promote and grow the Best Management Practice portfolio. The aim was to realise wider commercial value for tax payers from government’s intellectual property in IT Service management and project management methodologies.
The Best Management Practice portfolio includes ITIL® – the world’s most widely-used IT Service Management (ITSM) framework, with more than two million ITIL certifications awarded, including 300,000 in 2014.
The best practice methodologies are used globally within organisations ranging from NASA and Disney to Manchester City Council and the Australian Government and were used to successfully deliver the London 2012 Olympic and Paralympic Games.
AXELOS now has more than 70 employees based at sites in Norwich and London.
In 2014 senior management aimed to raise brand awareness by attending conferences internationally and holding roundtables with key stakeholders, listening to their views and encouraging them to play an active role in how AXELOS should develop the business and the portfolio of Global Best Practice.
In addition to the annual £9.4m payment that Cabinet Office receives, the company’s success means the Government received a net £1m dividend in the first year of operation.
The public sector is littered with potential businesses which could be bringing in revenue. In the past, we would have just let this opportunity go unnoticed - but this joint venture sees us acting as a modern, innovative Whitehall commercialising on our assets and netting the best deal for hard working people.
Minister for the Cabinet Office
2015 saw the launch of two new major products. RESILIA is a portfolio of publications, training and awareness tools designed to help any organisation define what good cyber resilience looks like and embed best practice into existing management systems.
PRINCE2 Agile allows practitioners to expand their expertise and demonstrate their ability to combine the control and governance of PRINCE2 project management with the flexibility of agile development. For the first time practitioners will be equipped to demonstrate – to their current organisations and potential new employers – their expertise in delivering agile development in a PRINCE2 project environment.
2016 has seen the launch of ITIL Practitioner, which has been developed to help organisations and individuals increase the value they obtain from using ITIL by offering additional practical guidance to adopt and adapt the framework to support the business. It is the next step after ITIL Foundation for professionals who have already learned the basics of ITSM and the business value of well-designed and delivered services.