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5 hot IT budget investments — and 2 going cold

CIO

Fifty-two percent of organizations plan to increase or maintain their IT spending this year, according to Enterprise Strategy Group. This includes spending on strengthening cybersecurity (35%), improving customer service (32%) and improving data analytics for real-time business intelligence and customer insight (30%).

Budget 363
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Turnover Ratio, Return Rate, Shrinkage, and Other Inventory KPIs to Manage Your Stock

Altexsoft

In our overview, we’ll stick to the generally accepted categorization that divides inventory KPIs into 3 groups: sales KPIs, operational KPIs, and receiving KPIs. Top inventory management KPIs We can’t describe all the inventory KPIs that exist out there, so we’ll focus on the most popular and actionable ones.

KPI 52
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Top 5 Questions Customers Ask About Fusion Analytics

Apps Associates

Although developing custom KPI’s, metrics, reports and dashboards from scratch is fully supported in FA, what we see more often is our clients starting with an out-of-the-box (OOTB) KPI or report and modifying it to reflect the unique aspects of their company (which is, of course, fully supported).

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RevPAR, Occupancy Rate, ADR, and Other Hotel Metrics: How to Evaluate Your Property’s Performance

Altexsoft

Despite its simplicity, the occupancy rate is an important KPI that shows how full your hotel is. Revenue managers have to focus on this KPI to develop the revenue potential of all hotel departments and adjust the package offers and the entire upselling strategy. The CPOR is a crucial KPI that allows you to monitor your expenses.

Hotels 64
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Occupancy Rate Prediction: Building an ML Module to Analyze One of the Main Hospitality KPIs

Altexsoft

Read on to find out what occupancy prediction is, why it’s so important for the hospitality industry, and what we learned from our experience building an occupancy rate prediction module for Key Data Dashboard — a US-based business intelligence company that provides performance data insights for small and medium-sized vacation rentals.

Hotels 52
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Terminal Operating Systems: Main Features, Integration, and Providers Overview

Altexsoft

Some of the important KPI categories that have to be monitored are. Financial, business intelligence, and general ledger systems. They heavily rely on business intelligence and KPI monitoring for performance optimization and develop machine learning models to enhance analytics. How to choose a TOS?

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Procurement Analytics: Challenges, Opportunities, and Implementation Approaches

Altexsoft

KPIs are quantitative values that are used to measure success of a specific activity or to evaluate progress towards a business objective. In procurement, there are several main groups of KPIs that are worth monitoring to get a better understanding of the effectiveness of your operations. Operational KPIs.