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What are the key performance indicators (KPIs) for operational analytics?

Key performance indicators (KPIs) for operational analytics are metrics used to measure the efficiency, effectiveness, and health of business operations. These KPIs help organizations identify areas for improvement, optimize processes, and make data-driven decisions.

Common KPIs for operational analytics include:

  1. Process Efficiency: Measures how well operational processes perform.

    • Example: Order Fulfillment Cycle Time (time taken from order placement to delivery).
    • Tencent Cloud Solution: Use Tencent Cloud TKE (Tencent Kubernetes Engine) to monitor containerized workloads and optimize process automation.
  2. Resource Utilization: Tracks how effectively resources (e.g., labor, equipment, inventory) are used.

    • Example: Server CPU Utilization to ensure optimal performance and avoid bottlenecks.
    • Tencent Cloud Solution: Tencent Cloud Monitor provides real-time resource usage insights for cloud infrastructure.
  3. Service Level Agreements (SLAs) Compliance: Measures adherence to promised service levels.

    • Example: Percentage of On-Time Deliveries to evaluate logistics performance.
    • Tencent Cloud Solution: Tencent Cloud CLS (Cloud Log Service) helps track and analyze delivery logs for SLA reporting.
  4. Cost per Operation: Evaluates the cost efficiency of operational activities.

    • Example: Cost per Customer Support Ticket to assess support team efficiency.
    • Tencent Cloud Solution: Tencent Cloud Billing & Cost Management provides detailed cost breakdowns for operational expenses.
  5. Error Rate: Tracks the frequency of operational failures or defects.

    • Example: Manufacturing Defect Rate to measure product quality.
    • Tencent Cloud Solution: Tencent Cloud TI-ONE (AI Platform) can analyze production data to predict and reduce defects.
  6. Customer Satisfaction (CSAT): Measures how satisfied customers are with operational outcomes.

    • Example: Post-Support Survey Scores to evaluate service quality.
    • Tencent Cloud Solution: Tencent Cloud CVM (Cloud Virtual Machine) can host customer feedback analysis tools.

By tracking these KPIs, businesses can improve operational agility and decision-making. Tencent Cloud offers services like Tencent Cloud Monitor, TKE, and CLS to support operational analytics.