What is 'Key Performance Indicator' in SAP LOD-ANA - SAP Analytics Cloud?

Key Performance Indicator - Overview

• Component: LOD-ANA

• Component Name: SAP Analytics Cloud

• Description: A type of success measurement.

Key Performance Indicator - Details

• 
  Key Concepts: 
  Key Performance Indicators (KPIs) are metrics used to measure the performance of an organization or individual against predetermined goals. In SAP Analytics Cloud, KPIs are used to measure the performance of an organization or individual against predetermined goals. KPIs can be used to track progress, identify areas of improvement, and compare performance against competitors. 
  
  How to use it: 
  In SAP Analytics Cloud, KPIs can be created and managed in the LOD-ANA component. To create a KPI, users must first define the goal they want to measure and then select the appropriate metric to track progress towards that goal. Once the KPI is created, users can view the data in graphical or tabular form and use it to analyze performance and identify areas of improvement. 
  
  Tips & Tricks: 
  When creating a KPI in SAP Analytics Cloud, it is important to select a metric that accurately reflects the goal you are trying to measure. Additionally, it is important to set realistic goals that are achievable and measurable. Finally, it is important to regularly review KPIs and adjust them as needed in order to ensure they remain relevant and useful. 
  
  Related Information: 
  For more information on creating and managing KPIs in SAP Analytics Cloud, please refer to the official documentation here: https://help.sap.com/viewer/product/SAP_ANALYTICS_CLOUD/Cloud/en-US/f9f8d7a2b3e14c8a9f3d7c2b6d5f9e1a.html