KPI (Key Performance Indicator)

Concept and definition

KPI (Key Performance Indicator)

What is KPI (Key Performance Indicator)?

KPI stands for Key Performance Indicator. A KPI is a metric used to evaluate the performance of a company, a project, a process or a product in relation to the strategic objectives and targets set. KPIs are an important tool in business decision-making and are used to measure and analyse progress towards objectives, identify areas for improvement and make data-driven decisions. In the context of artificial intelligence and machine learning, KPIs can be used to assess the performance of machine learning models, such as accuracy, response time and scalability, and to determine whether the model is meeting the requirements and expectations set.

More information can be found at: https://gamco.es/kpis-de-ventas/

« Back to glossary

Do you want to get in touch?

CDRs contain data that a telecommunications company collects about phone calls, such as time and length of call. This data can be used in analytical applications.
Fill the form
Share:
How to choose the best Business Intelligence (BI) solution for your business

More and more companies are taking advantage of the relevant information they extract from the data they possess and generate to improve their processes and discover new ways to [...]

Read More »
How do I know if a customer will pay me?

When it comes to gaining new clients, everything is joy and satisfaction for being able to provide them with our service or sell them our product in the best way possible, and we [...]

Read More »
What is an ERP? Functions and why a company should have it

ERP stands for Enterprise Resource Planning and is a computerized planning and business management system capable of integrating the information [...]

Read More »
Metrics to measure the impact of artificial intelligence-based trade optimization system.

The commercial optimization software based on artificial intelligence must have feedback of the commercial actions carried out, of the nu [...]

Read More »
See more entries
© Gamco 2021, All Rights Reserved - Legal notice - Privacy - Cookies