KPI Library
Navigate your organization to excellence with 17,288 KPIs at your fingertips.




Why use the KPI Library?

Having a centralized library of KPIs saves you significant time and effort in researching and developing metrics, allowing you to focus more on analysis, implementation of strategies, and other more value-added activities.

This vast range of KPIs across various industries and functions offers the flexibility to tailor Performance Management and Measurement to the unique aspects of your organization, ensuring more precise monitoring and management.

Each KPI in the KPI Library includes 12 attributes:

  • KPI definition
  • Potential business insights [?]
  • Measurement approach/process [?]
  • Standard formula [?]
  • Trend analysis [?]
  • Diagnostic questions [?]
  • Actionable tips [?]
  • Visualization suggestions [?]
  • Risk warnings [?]
  • Tools & technologies [?]
  • Integration points [?]
  • Change impact [?]
It is designed to enhance Strategic Decision Making and Performance Management for executives and business leaders. Our KPI Library serves as a resource for identifying, understanding, and maintaining relevant competitive performance metrics.

Need KPIs for a function not listed? Email us at support@flevy.com.


We have 59 KPIs on Managed IT Services in our database. KPIs in the Managed IT Services industry are crucial for measuring service quality, operational efficiency, and customer satisfaction. Service-related metrics, such as response time, resolution time, and service level agreement (SLA) compliance, provide insights into the effectiveness and reliability of IT services.

Operational KPIs, including system uptime, network performance, and incident rates, are essential for assessing the efficiency and stability of IT operations. Customer-related KPIs, including satisfaction scores, retention rates, and net promoter scores, help gauge the acceptance and loyalty of managed IT services clients. Financial KPIs, such as revenue growth, profit margins, and cost savings, are critical for evaluating the economic health and market position of managed IT services providers. Employee-related KPIs, including training completion rates and certification levels, are also important for maintaining a skilled and capable workforce. These KPIs enable managed IT services companies to optimize service delivery, enhance customer experience, and achieve financial goals. By leveraging these indicators, companies can drive innovation, improve operational processes, and maintain competitive advantage in the dynamic managed IT services industry.

  Navigate your organization to excellence with 17,288 KPIs at your fingertips.
$189/year
KPI Definition Business Insights [?] Measurement Approach Standard Formula
Average Contract Value (ACV)

More Details

The average value of contracts signed with clients, indicating the overall value clients place on the services. Provides insight into the average revenue being generated per contract, helping in revenue forecasting and sales strategy planning. Considers the total contract value divided by the number of contracts. Total Contract Value / Number of Contracts
Average Resolution Time (ART)

More Details

The average amount of time it takes for a customer's issue to be resolved from the moment it is reported, reflecting the responsiveness of the support team. Indicates the efficiency of the support team, directly impacting customer satisfaction and operational efficiency. Measures the average time taken to resolve issues or tickets. Total Time Spent on Resolutions / Total Number of Resolutions
Backup Success Rate

More Details

The percentage of successful data backups out of the total attempted, indicating the reliability of data backup processes. Provides insights into the reliability and effectiveness of data backup systems, crucial for disaster recovery planning. Measures the percentage of successful backup operations against the total attempted. (Number of Successful Backups / Total Backup Attempts) * 100
KPI Library
$189/year

Navigate your organization to excellence with 17,288 KPIs at your fingertips.


Subscribe to the KPI Library

CORE BENEFITS

  • 59 KPIs under Managed IT Services
  • 17,288 total KPIs (and growing)
  • 360 total KPI groups
  • 107 industry-specific KPI groups
  • 12 attributes per KPI
  • Full access (no viewing limits or restrictions)

FlevyPro and Stream subscribers also receive access to the KPI Library. You can login to Flevy here.

Business Continuity Plan Effectiveness

More Details

The effectiveness of the business continuity plan in ensuring operations can continue during and after a disaster or disruption. Insights into the resilience and preparedness of the business for unforeseen events, guiding improvements in contingency planning. Evaluates how effectively a business continuity plan supports ongoing operations during a disruption. (Number of Successful Continuity Tests / Total Continuity Tests Conducted) * 100
Capacity Utilization Rate

More Details

The extent to which the managed IT service provider utilizes its capacity to deliver services, indicating efficiency in resource allocation. Provides insights into how efficiently resources are being used, indicating potential for scale or need for optimization. Measures the percentage of the IT infrastructure's capacity that is being utilized. (Current Capacity Usage / Total Available Capacity) * 100
Change Management Success Rate

More Details

The percentage of changes to IT services that are successfully implemented without causing incidents or disruptions. Insights into the effectiveness of change management processes, impacting overall IT stability and risk management. Measures the percentage of changes implemented successfully without causing incidents. (Number of Successful Changes / Total Changes Made) * 100

Additional Critical KPI Categories for Managed IT Services

In the Managed IT Services industry, selecting the right KPIs goes beyond just industry-specific metrics. Additional KPI categories that are crucial for this sector include customer satisfaction, financial performance, operational efficiency, and innovation. Each of these categories provides critical insights that can help executives make informed decisions and drive organizational success. Customer satisfaction KPIs, such as Net Promoter Score (NPS) and Customer Satisfaction Score (CSAT), are essential for understanding client perceptions and loyalty. According to Gartner, organizations that prioritize customer experience outperform their competitors by 25% in customer satisfaction metrics. Financial performance KPIs, including EBITDA margin and revenue growth, are indispensable for assessing the financial health and profitability of the organization. These metrics help executives understand the financial impact of their strategies and make necessary adjustments to ensure sustainable growth.

Operational efficiency KPIs, such as Mean Time to Resolution (MTTR) and First Call Resolution (FCR), are critical for evaluating the effectiveness of service delivery. These metrics provide insights into how quickly and efficiently issues are resolved, which directly impacts customer satisfaction and retention. According to a study by Forrester, companies that excel in operational efficiency achieve a 15% higher customer retention rate. Innovation KPIs, including the number of new services launched and R&D expenditure, are vital for staying competitive in a rapidly evolving industry. These metrics help organizations track their progress in developing new solutions and technologies that can drive future growth. Regulatory compliance KPIs, such as audit pass rates and compliance incident frequency, are also crucial for Managed IT Services organizations. These metrics ensure that the organization adheres to industry standards and regulations, mitigating the risk of legal issues and financial penalties.

Employee performance KPIs, such as employee productivity and turnover rates, are essential for understanding workforce dynamics and ensuring that the organization has the right talent to deliver high-quality services. According to a report by Deloitte, organizations with high employee engagement are 21% more profitable. These KPIs provide insights into employee satisfaction and productivity, which are critical for maintaining a motivated and efficient workforce. Additionally, strategic alignment KPIs, such as the achievement of strategic goals and project success rates, are crucial for ensuring that the organization’s initiatives are aligned with its long-term objectives. These metrics help executives track the progress of their strategic plans and make necessary adjustments to stay on course.

Explore this KPI Library for KPIs in these other categories (through the navigation menu on the left). Let us know if you have any issues or questions about these other KPIs.

Managed IT Services KPI Implementation Case Study

Consider a leading Managed IT Services organization, Cognizant, which faced significant challenges in client retention and operational efficiency. The organization grappled with high client churn rates, inefficiencies in service delivery, and declining customer satisfaction, impacting their overall performance and market position. Cognizant decided to implement a robust KPI management system to address these issues and drive performance improvements.

They used a combination of customer satisfaction KPIs, such as Net Promoter Score (NPS) and Customer Satisfaction Score (CSAT), and operational efficiency KPIs, including Mean Time to Resolution (MTTR) and First Call Resolution (FCR). These KPIs were selected because they provided a comprehensive view of client perceptions and service delivery effectiveness. By closely monitoring these metrics, Cognizant was able to identify areas for improvement and implement targeted strategies to enhance service quality and client satisfaction.

Through the deployment of these KPIs, Cognizant achieved significant improvements in their performance. Their NPS increased by 20%, indicating higher client loyalty and satisfaction. The MTTR was reduced by 30%, leading to faster issue resolution and improved operational efficiency. Additionally, the FCR rate improved by 15%, resulting in more issues being resolved on the first contact and reducing the need for follow-up interactions. These improvements not only enhanced client satisfaction but also contributed to higher client retention rates and revenue growth.

Lessons learned from this case study include the importance of selecting the right KPIs that align with organizational goals and priorities. It is crucial to regularly review and update KPIs to ensure they remain relevant and provide actionable insights. Best practices include involving key stakeholders in the KPI selection process, leveraging advanced analytics tools to monitor and analyze KPI data, and fostering a culture of continuous improvement. By adopting these practices, Managed IT Services organizations can effectively use KPIs to drive performance improvements and achieve long-term success.

KPI Library
$189/year

Navigate your organization to excellence with 17,288 KPIs at your fingertips.


Subscribe to the KPI Library

CORE BENEFITS

  • 59 KPIs under Managed IT Services
  • 17,288 total KPIs (and growing)
  • 360 total KPI groups
  • 107 industry-specific KPI groups
  • 12 attributes per KPI
  • Full access (no viewing limits or restrictions)

FlevyPro and Stream subscribers also receive access to the KPI Library. You can login to Flevy here.

FAQs on Managed IT Services KPIs

What are the most important KPIs for Managed IT Services?

The most important KPIs for Managed IT Services include Net Promoter Score (NPS), Customer Satisfaction Score (CSAT), Mean Time to Resolution (MTTR), First Call Resolution (FCR), EBITDA margin, and revenue growth. These KPIs provide insights into client satisfaction, operational efficiency, and financial performance.

How can KPIs improve customer satisfaction in Managed IT Services?

KPIs such as NPS and CSAT help organizations understand client perceptions and identify areas for improvement. By monitoring these metrics, organizations can implement targeted strategies to enhance service quality and client satisfaction, leading to higher retention rates.

What are the best KPIs for measuring operational efficiency in Managed IT Services?

The best KPIs for measuring operational efficiency include Mean Time to Resolution (MTTR), First Call Resolution (FCR), and incident response time. These metrics provide insights into how quickly and efficiently issues are resolved, which directly impacts customer satisfaction and retention.

How do financial performance KPIs benefit Managed IT Services organizations?

Financial performance KPIs, such as EBITDA margin and revenue growth, help organizations assess their financial health and profitability. These metrics enable executives to understand the financial impact of their strategies and make necessary adjustments to ensure sustainable growth.

Why are innovation KPIs important for Managed IT Services?

Innovation KPIs, including the number of new services launched and R&D expenditure, are vital for staying competitive in a rapidly evolving industry. These metrics help organizations track their progress in developing new solutions and technologies that can drive future growth.

How can regulatory compliance KPIs mitigate risks in Managed IT Services?

Regulatory compliance KPIs, such as audit pass rates and compliance incident frequency, ensure that the organization adheres to industry standards and regulations. These metrics help mitigate the risk of legal issues and financial penalties, protecting the organization’s reputation and financial stability.

What role do employee performance KPIs play in Managed IT Services?

Employee performance KPIs, such as employee productivity and turnover rates, are essential for understanding workforce dynamics. These metrics provide insights into employee satisfaction and productivity, which are critical for maintaining a motivated and efficient workforce.

How can strategic alignment KPIs drive success in Managed IT Services?

Strategic alignment KPIs, such as the achievement of strategic goals and project success rates, ensure that the organization’s initiatives are aligned with its long-term objectives. These metrics help executives track the progress of their strategic plans and make necessary adjustments to stay on course.

KPI Library
$189/year

Navigate your organization to excellence with 17,288 KPIs at your fingertips.


Subscribe to the KPI Library

CORE BENEFITS

  • 59 KPIs under Managed IT Services
  • 17,288 total KPIs (and growing)
  • 360 total KPI groups
  • 107 industry-specific KPI groups
  • 12 attributes per KPI
  • Full access (no viewing limits or restrictions)

FlevyPro and Stream subscribers also receive access to the KPI Library. You can login to Flevy here.




Related Resources on the Flevy Marketplace




Trusted by over 10,000+ Client Organizations
Since 2012, we have provided best practices to over 10,000 businesses and organizations of all sizes, from startups and small businesses to the Fortune 100, in over 130 countries.
AT&T GE Cisco Intel IBM Coke Dell Toyota HP Nike Samsung Microsoft Astrazeneca JP Morgan KPMG Walgreens Walmart 3M Kaiser Oracle SAP Google E&Y Volvo Bosch Merck Fedex Shell Amgen Eli Lilly Roche AIG Abbott Amazon PwC T-Mobile Broadcom Bayer Pearson Titleist ConEd Pfizer NTT Data Schwab


Download our FREE Complete Guides to KPIs

This is a set of 4 detailed whitepapers on KPI master. These guides delve into over 250+ essential KPIs that drive organizational success in Strategy, Human Resources, Innovation, and Supply Chain. Each whitepaper also includes specific case studies and success stories to add in KPI understanding and implementation.