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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%). This should secure our business strategy for the next five years and longer.”

Budget 363
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Improving Decision Making by 75% using Supply Chain Visualization

Sunflower Lab

KPI Dashboard Units Per Transaction Metric: This metric calculates the average number of units sold per transaction. By aggregating data from various customer touchpoints such as surveys, reviews, and support interactions, SMBs can gain valuable insights into customer sentiment and perceptions of their products or services.

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Data Architect: Role Description, Skills, Certifications and When to Hire

Altexsoft

Data is now one of the most valuable assets for any kind of business. The 11th annual survey of Chief Data Officers (CDOs) and Chief Data and Analytics Officers reveals 82 percent of organizations are planning to increase their investments in data modernization in 2023. In some locations, this certification can be acquired online.

Data 87
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Procurement Analytics: Challenges, Opportunities, and Implementation Approaches

Altexsoft

Digitization has already greatly improved this business aspect, facilitating contract creation and editing, introducing e-signatures, increasing security, tracking expiration dates, and enabling convenient search and storage functionalities. This KPI also helps categorize your suppliers. Inventory-related KPIs.

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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. If you already use custom KPIs or you want to introduce some, document them in addition to standard HR metrics. When documenting a custom KPI or metric, describe in detail: What measure it expresses. How it’s calculated/generated.