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5 key metrics for IT success

CIO

IT leaders are drowning in metrics, with many finding themselves up to their KPIs in a seemingly bottomless pool of measurement tools. There are several important metrics that can be used to achieve IT success, says Jonathan Nikols, senior vice president of global enterprise sales for the Americas at Verizon. Here they are.

Metrics 347
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Research Results: Key software architecture metrics

Apiumhub

If you remember my article about Software Architecture Quality Attributes , you know that we have been conducting a survey to find out key software architecture metrics that leading companies and software architects use. As we all know, in Software Development, early detection of software architectural issues is key.

Metrics 94
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RevPAR, Occupancy Rate, ADR, and Other Hotel Metrics: How to Evaluate Your Property’s Performance

Altexsoft

It’s been a long time since it became obvious that to develop and stay competitive, businesses have to support their decision-making with data. In other words, a certain number of metrics and KPIs has to be set up, monitored, and analyzed to be turned into valuable insights. But, easier said than done. Occupancy rate.

Hotels 64
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Turnover Ratio, Return Rate, Shrinkage, and Other Inventory KPIs to Manage Your Stock

Altexsoft

Turnover Ratio, Return Rate, Shrinkage, and Other Inventory KPIs to Manage Your Stock Inventory management always involves deciding on further actions: Which items should you replenish? What are inventory KPIs? We’ll get back to this metric and break it down in more detail further on. In which quantity?

KPI 52
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Average Daily Rate: The Role of ADR in Hospitality Revenue Management and Strategies to Improve This KPI

Altexsoft

We also investigate predicting ADR through machine learning and strategies to enhance this KPI. It is a hotel performance metric representing the average revenue earned for each room rented out in a hotel over a certain period. The metric includes all types of rooms and rates, whether discounted, group, or the best available ones.

KPI 52
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Dynamic Pricing Explained: Use in Revenue Management and Pricing Optimization

Altexsoft

How would you price tickets not only to cover expenses for each route but also to achieve a certain level of revenue to be able to grow and develop your business? For instance, an airline can secure itself from bad sales during a low-demand season or before an upcoming departure day by putting tickets on sale.

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Procurement Analytics: Challenges, Opportunities, and Implementation Approaches

Altexsoft

The International Association for Contract and Commercial Management (IACCM) research showed that on average, companies lose around 9 percent of annual revenue due to poor contract management. Procurement metrics and KPIs. Operational KPIs. Emergency purchase ratio is a reverse metric.