article thumbnail

5 key metrics for IT success

CIO

Rate of change “The most important metric for IT success is rate of change,” says Nicolas Avila, CTO for North America at IT and software development company Globant. Every leader and every team should use rate of change to determine how quickly they can turn around a particular change, Avila recommends. Here they are.

Metrics 348
article thumbnail

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. The metric includes all types of rooms and rates, whether discounted, group, or the best available ones. However, like any other technique, it comes with its own strengths and weaknesses. Data shortage and poor quality.

KPI 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Serendipity systems: architecting personalization systems at scale

Capgemini

We’re moving to a world where not doing personalization is a recipe for guaranteeing underperformance and obsolescence. This enables Amazon teams to use data across the entire ecosystem to recognize customers across channels and devices (e.g., Teams need to be literate in utilizing insights to drive action. Intelligence.

article thumbnail

5 Biggest DevOps Mistakes You Must Avoid

OTS Solutions

Having gone through the process with many companies, a devops engineer told me the five common devops mistakes organizations make when carrying out devops development for the first time. Your devops developer will advise you to quantify the workload of each and the team as a whole. As a result, the quality of the job is poor.

DevOps 133
article thumbnail

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

Altexsoft

Setting and monitoring inventory KPIs must be an integral part of your overall inventory management activities if you operate in such industries as retail, eCommerce, B2B wholesale, manufacturing, and so on. A high DSI is usually a sign of excessive inventory, low sales volume, and poor stock management. Important to understand.

KPI 52
article thumbnail

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. So, the aim of this article is to describe the main KPIs typically adopted by hotels to support their business analysis. But, easier said than done. In further calculations we will use 0.5

Hotels 64
article thumbnail

Product Life Cycle: How to Extend Your Product Market Presence

Altexsoft

After the development stage itself, which always comes with great efforts for a programming team and a thoughtful product manager, every product starts its own life in a market environment. Stage 0: Development. For a software product, entering the market is usually preceded by the development stage. Product life cycle.