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5 hot IT budget investments — and 2 going cold

CIO

This includes spending on strengthening cybersecurity (35%), improving customer service (32%) and improving data analytics for real-time business intelligence and customer insight (30%). And it’s not just applications development where such tools are having an impact.

Budget 363
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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. Monitoring it over time would let you understand how your hotel is performing in different periods. Same as the RevPAR, this KPI doesn’t consider any input costs, so it can’t show the ultimate profit. Why use it? Why use it?

Hotels 64
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Procurement Analytics: Challenges, Opportunities, and Implementation Approaches

Altexsoft

This KPI also helps categorize your suppliers. So, this group of KPIs show how effective your cost and procurement strategie are and what the impact on the company’s bottom line is. Cost reduction KPI is measured by comparing the old and current cost for the purchased goods and services. Inventory-related KPIs.

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IT Reports: Examples, Benefits, Best Practices and More

Kaseya

The results will lead to improved business efficiency, higher revenue and lower costs. This blog covers all the basics of IT reports, such as how to create one, what metrics to add, report-creation best practices, and how they can benefit your MSP or business. Reports powering your business intelligence (BI) tools.

Report 52
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How to Successfully Implement HR Analytics and People Analytics in a Company

Altexsoft

In January 2018, The US Bureau of Labor Statistics conducted an employee tenure survey. And from a business perspective, all these factors influence the company’s efficient growth.” Organizations already use predictive analytics to optimize operations and learn how to improve the employee experience.