Arthur C. Clarke, the great science fiction writer, once observed that cave dwellers froze to death on beds of coal—lying on the very resource that could have saved their lives. But they had no way to ...

When companies use benchmarking, their goal is to identify how their performance compares to other companies and hopefully identify how they can improve costs and performance. Nearly every sizeable ...

Companies typically help inform decisions regarding peer group performance and best practices by conducting benchmarking activities. They also use benchmarking to ensure they do not overpay their ...

Benchmarking is the process of comparing what your company is doing with what the best performing company in your industry is doing. Process benchmarking, one of three types of benchmarking, compares ...

Benchmarking is the process of studying industry or competitive practices, functions and products and finding ways to meet them or improve upon them. Companies from all different industries use ...

Do you really know how well your plant or business is performing? Are you achieving operational excellence and world-class performance? Benchmarking your performance against others provides ...

Product benchmarking is a systematic process that involves comparing a company's products, services, or processes with those of competitors or industry leaders to identify best practices, areas for ...

This tip is the first installment in our series on benchmarking best practices in the data center. Selecting a benchmarking tool can be a daunting task because there are dozens of different tools ...