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Digital KPIs: The secret to measuring transformational success

CIO

The culture transformation and evolutions in digital core competencies that CIOs target as their new collaborative operating models require KPIs to guide executives on where to focus leadership efforts, communications, and process improvements. Efficiency metrics might show the impacts of automation and data-driven decision-making.

KPI 306
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RevPAR: A Vital Hotel KPI And Strategies To Improve It

Altexsoft

Revenue Per Available Room, or RevPAR, has emerged as a crucial key performance indicator (KPI) for assessing a hotel’s financial well-being and prosperity. In this article, we will delve into the concept of RevPAR, its benefits and drawbacks, and how it compares with other KPIs. What is RevPAR in hotel revenue management?

Hotels 59
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5 hot IT budget investments — and 2 going cold

CIO

The numbers are higher from Foundry’s 2023 State of CIO survey , which finds that 91% of CIOs expect their tech budgets to either increase or stay the same in 2023. CIOs anticipate an increased focus on cybersecurity (70%), data analysis (55%), data privacy (55%), AI/machine learning (55%), and customer experience (53%).

Budget 362
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Glean aims to help employees surface info across sprawling enterprise systems

TechCrunch

In Rubrik’s annual employee pulse survey, Arvind observed that one of the biggest productivity challenges was workers not being able to find the information they needed — whether a specific document or subject-matter expert. Arvind, a former Google engineer, began work on Glean at Rubrik, the cloud data management company.

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

Altexsoft

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. What’s more, investing in data products, as well as in AI and machine learning was clearly indicated as a priority.

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

Altexsoft

Meanwhile, machine learning (ML) techniques are capable of processing a wide range of both historical and current data from multiple external and internal sources. There’s also a concept of demand sensing that also employs machine learning to analyze current fluctuations in market conditions and consumer behavior.

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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. Predictive analytics requires numerous statistical techniques, including data mining (detecting patterns in data) and machine learning. Predictive analytics with machine learning takes employee retainment and engagement to another level.