article thumbnail

Digital KPIs: The secret to measuring transformational success

CIO

Regardless of where organizations are in their digital transformation, CIOs must provide their board of directors, executive committees, and employees definitions of successful outcomes and measurable key performance indicators (KPIs). Do a little research, and you’ll find many frameworks, taxonomies, and recommendations for digital KPIs.

KPI 333
article thumbnail

Rail Fleet Management: How Technologies Help Handle Asset Tracking and Maintenance in Freight Rail Industry

Altexsoft

miles long carrying 82,000 metric tons of ore), and more sustainable (one ton of freight can be moved over 470 miles on just a single gallon of diesel fuel). KPI monitoring and analytics. Performance metrics have to be consistently monitored to uncover your company’s problem areas and development opportunities.

article thumbnail

Dynamic Pricing Explained: Use in Revenue Management and Pricing Optimization

Altexsoft

KPI-driven pricing. Businesses can set up a product to align pricing recommendations with performance metrics of interest, for instance, margin, turnover or profit maximization, inventory optimizations, etc. Practical goals that retailers set for investment into AI and IoT technologies. says Shartsis. Source: Business Insider.