“This report presents the results of an international research project commissioned by ISACA to the University of Antwerp—Antwerp Management School (Belgium), focused on establishing an international benchmark and a business value assessment of COBIT 5. The benchmarking results constitute the first part of the report, and the second part focuses on the business value assessment of COBIT 5 by looking at the association between the use of COBIT enablers and processes and the achievement of IT-related and enterprise goals.