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:
Why Machine Learning (ML) is so popular in the 21st Century

The term artificial intelligence (AI) is nowadays, but it was invented in 1956 by John McCarthy, Marvin Minsky and Claude Shannon in the famous [...]

Read More »
Industry 4.0 key technologies

Industry 4.0 is the name given to the fourth industrial revolution, which is characterized by the inclusion of advanced technologies in production processes.

Read More »
How Artificial Intelligence applied to CRM improves customer experience

Companies are increasingly aware of the importance of properly analyzing and managing the huge amount of data they store on a daily basis.

Read More »
Artificial intelligence against delinquency and non-payments in companies

The current scenario we are experiencing in Spain with the COVID-19 health crisis has led to many companies having to carry out ER [...]

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