What does "KPI" refer to in technology performance measurement? 🔊
"KPI" refers to Key Performance Indicator, which is a measurable value used to evaluate the success of technology and business performance. In technology contexts, KPIs can include metrics like system uptime, response time, or user engagement. They help organizations track progress toward strategic goals, make data-driven decisions, and identify areas for improvement. By setting relevant KPIs, businesses can ensure that their technology initiatives align with overall objectives and optimize resource allocation to enhance performance.
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