Indicator definitions and metadata

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For enterprises, the term artificial intelligence comes with a lot of baggage. Understand the difference between fundamental, technical and quantitative analysis, and how each helps to evaluate long-term


a control panel with various indicator lights Recent Examples on the Web The driver and passenger exhibited several indicators leading Chism to believe they were involved in criminal activity.

Evidence indicates that the experiments were unsuccessful. I showed Ayeisha what I had written. Switch to new thesaurus. To make known or identify, as by signs: To give a precise indication of, as on a register or scale: To give grounds for believing in the existence or presence of: To lead to by logical inference: We can paint an arrow here to indicate the right path.

There are clear indications that the war will soon be over; He had given no indication that he was intending to resign. References in classic literature? Faster availability of data is a competitive issue for most organizations.

Overall equipment effectiveness is a set of broadly accepted non-financial metrics which reflect manufacturing success. Most professional services firms for example: They typically use professional services automation PSA software to keep track of and manage these metrics. Businesses can utilize KPIs to establish and monitor progress toward a variety of goals, including lean manufacturing objectives, minority business enterprise and diversity spending, environmental "green" initiatives, cost avoidance programs and low-cost country sourcing targets.

Any business, regardless of size, can better manage supplier performance with the help of KPIs robust capabilities, which include:.

Suppliers can implement KPIs to gain an advantage over the competition. Suppliers have instant access to a user-friendly portal for submitting standardized cost savings templates. Suppliers and their customers exchange vital supply chain performance data while gaining visibility to the exact status of cost improvement projects and cost savings documentation.

The provincial government of Ontario, Canada has been using KPIs since to measure the performance of higher education institutions in the province. All post secondary schools collect and report performance data in five areas — graduate satisfaction, student satisfaction, employer satisfaction, employment rate, and graduation rate. In practice, overseeing key performance indicators can prove expensive or difficult for organizations. Some indicators such as staff morale may be impossible to quantify.

As such, dubious KPIs can be adopted that can be used as a rough guide rather than a precise benchmark. Key performance indicators can also lead to perverse incentives and unintended consequences as a result of employees working to the specific measurements at the expense of the actual quality or value of their work.

Sometimes the collecting of statistics can become a substitute for a better understanding of the problems so the use of dubious KPIs can result in progress in aims and measured effectiveness becoming different. For example, US soldiers during the Vietnam War were shown to be effective in kill ratios and high body counts, but this was misleading when used to measure aims as it did not show the lack of progress towards the US goal of increasing South Vietnamese government control of its territory.

This approach can easily result in large amounts of dubious code being added, thereby inflating the line count but adding little of value in terms of systemic improvement.

A similar problem arises when a footballer kicks a ball uselessly in a match in order to build up his statistics. Witchcraft, dark magic, and more. We got a whole mess of fun here, folks. Where does the time go? And is one way more correct than the others? The story of an imaginary word that managed to sneak past our editors and enter the dictionary. How to use a word that literally drives some people nuts.

The awkward case of 'his or her'. A quiz like a cool breeze. Test your knowledge of food and food words. Can you spell these 10 commonly misspelled words? Listen to the words and spell through all three levels. Synonyms for indicator Synonyms hand , index , needle , pointer Visit the Thesaurus for More. Examples of indicator in a Sentence Economic indicators suggest that prices will go up. Recent Examples on the Web The driver and passenger exhibited several indicators leading Chism to believe they were involved in criminal activity.

A new report sheds some light," 5 July If unemployment seems like too narrow an indicator of economic health, look at consumer sentiment. First Known Use of indicator , in the meaning defined at sense 1.