Benchmarking is the measurement of an organization’s internal processes and performance data and a comparison with those of related and comparable organizations. Benchmarking ist nämlich eine Methode, mit deren Hilfe Unternehmen ihre Leistungen mit den Leistungen ihrer besten Wettbewerber vergleichen, indem sämtliche Prozesse und … In competitive benchmarking, your performance is compared with direct competitors. Apple's iconic iPhone became the benchmark in the market. Benchmarking refers to testing a product or service against a reference point to quantify how much better or worse it is compared to other products. The WM/Reuters benchmark rates are determined over a five-minute fix period, from 2 minutes 30 seconds before to 2 minutes 30 seconds after … Competitive benchmarking is the process of comparing your company against a number of competitors using a set collection of metrics. Gemeint sind die 'Stationen', die ein Gesch… 8 Replies: Vergleichsindex - Benchmark: Last post 10 Jun 08, 11:43: I'm looking for how to say "to match the benchmark" - would Vergleichsindex be ok here or is… 2 Replies: einen Benchmark durchführen - execute a benchmark: Last post 08 Dec 06, 14:19 The comparison of calculational results and benchmark data showed a good agreement of the calculated and measured equivalent fission fluxes. Performance levels of other organisations are normally called benchmarks and the ideal benchmark is one that originates from an organisation recognised as being a leader in the related area. There is a tendency to use ‘benchmark’ and ‘benchmarking’ interchangeably: 1. In surveying, a "bench mark" (two words) is a post or other permanent mark established at a known elevation that is used as the basis for measuring the elevation of other topographical points. Industry benchmarking: In this type of benchmarking, the comparison is made with the leaders in the field. After reading you will understand the basics of this powerful marketing and compare approach. If Company XYZ's portfolio returns 5.5% in a year but the Russell 2000 (the benchmark) returns 5.0%, then we would say that your portfolio beat its benchmark. A benchmark or base number is used to compare actual results and judge the improvement of the company. When comparing benchmarks, the higher the value of the results, the faster the component, software, or … Free benchmarking software. 2 A surveyor's mark cut in a wall, pillar, or building and used as a reference point in measuring altitudes. Benchmarking is the standard way of comparing one product to another. Key points ist leider schon anderweitig besetzt. The new report provides a benchmark for food companies around the world. The aim is to find the best practice available to get the job done with minimum effort or … New compound words usually consist of two, separate words, and are called open compound words. În topografie, un benchmark (reper) reprezintă un semn permanent cu poziție și altitudine cunoscute. In der Computerwelt werden Benchmarks häufig verwendet, um die Geschwindigkeit oder Leistung von Hardwarekomponenten, Softwareprogrammen und sogar Internetverbindungen zu vergleichen. A benchmark is a standard against which the performance of a security, mutual fund or investment manager can be measured. Also learn the facts to easily understand math glossary with fun math worksheet online at SplashLearn. See more. Benchmarking-ul reprezintă un proces structurat pentru compararea practicilor de lucru ale organizației cu practici similare identificate în alte organizații și implementarea celor mai bune idei în procesele proprii. Print Definition: Internal benchmarking is a process in which a company or an organisation looks within its own business to try and determine the best practice or methodology for conducting a particular task. Benchmarking is a process of finding good practice and of learning from others Published formal definitions of benchmarking include HEFCE’s own definition: During the course of the HESAbenchmarking project many variations on definition have been found, whi… A Benchmark in Performance Testing is a metric or a point of reference against which software products or services can be compared to assess the quality measures. 1. Compare results with other users and see which parts you can upgrade together with the expected performance improvements. mark (bĕnch′märk′) n. 1. According to National Council on Measurement in Education, benchmark assessments are short assessments used by teachers at various times throughout the school year to monitor student progress in some area of the school curriculum. Benchmarking-ul este un model de îmbunătățire a calității. Benchmarks are reference points or measurements used for comparison, usually with the connotation that the benchmark is a ‘good’ standard against which comparison can be made 2. PassMark Software has delved into the thousands of benchmark results that PerformanceTest users have posted to its web site and produced nineteen Intel vs AMD CPU charts to help compare the relative speeds of the different processors. See if your hardware performs correctly! The journal was recently benchmarked against other IT journals. 4. A benchmark is a test that measures the performance of hardware, software, or computer.These tests help compare how well a product may do against other products. Some organizations benchmark as a means to improve discrete areas of their business and monitor competitors' shifting strategies and approaches. Managementinstrument zum Betriebsvergleich Benchmarking: Was ist das genau?. In other words, Benchmark means a set standard that helps to determine the quality of software product or service. Benchmark definition, a standard of excellence, achievement, etc., against which similar things must be measured or judged: The new hotel is a benchmark in opulence and comfort. A standard by which something can be measured or judged: "Inflation... is a great distorter of seemingly fixed economic ideas and benchmarks" (Benjamin M. Friedman). Benchmarking is a process of measuring the performance of a company’s products, services, or processes against those of another business considered to be the best in the industry, aka “best in class.” The point of benchmarking is to identify internal opportunities for improvement. Let's assume you compare the returns of your stock portfolio, which is a broadly diversified collection of small-cap stocks and is managed by Company XYZ, with the Russell 2000 index, which you feel is an accurate universe of feasible alternative investments. Das Konzept eignet sich auch für … SPEC CPU2006 The previous generation of the processor performance tests. benchmark something (against something) to judge the quality of something in relation to that of other similar things Projects are assessed and benchmarked against the targets. These also are known as interim government. The most commonly used benchmarks are market indexes such as the Dow Jones Industri… The catalog industry can discover new opportunities by comparing … As a noun benchmark is a standard by which something is evaluated or measured. After running the benchmark, you are presented with a score and your result is automatically submitted and compared with other users. What is benchmarking? SPEC CPU Benchmark Suites Current Benchmarks SPEC CPU2017 The latest version of SPEC's popular processor performance tests, released in June 2017. Find more similar words at wordhippo.com! This will often include looking at the practice behind these metrics as well. Definition: Benchmarking is the practice of comparing actual performance results with a standardize performance goal or number–a benchmark. Benchmark is a word that began with a literal meaning, but has come to also have a figurative meaning.Benchmark is a compound word, which is a word derived from two separate words used together. ‘A benchmark is a survey mark made on a monument having a known location and elevation, serving as a reference point for surveying.’ OpenVR Benchmark is available for free! A benchmark is a point of reference by which something can be measured. This is used to measure the performance of a company and compare it to others over time. A standard by which something can be measured or judged: "Inflation ... is a great distorter of seemingly fixed economic ideas and benchmarks" (Benjamin M. Friedman). Benchmarking is generally used in business for setting budgetary and financial performance goals. Der Benchmark stellt für die Managementmethode Benchmarking quasi den Dreh- und Angelpunkt dar. It is a practice in which quality level is used as a point of reference to evaluate things by making a comparison. Retired Benchmarks SPEC CPU2000 This article explains a benchmark and benchmarking in a practical way. As verbs the difference between benchmark and benchmarking is that benchmark is to measure the performance of (an item) relative to another similar item in an impartial scientific manner while benchmarking is . Benchmarking ist ein vielversprechendes Managementinstrument: Dabei vergleichen sich Unternehmen mit der Konkurrenz – und passen dort, wo andere besser sind, die eigenen Prozesse an. Included in these lists are CPUs designed for servers and workstations (such as Intel Xeon and AMD EPYC/Opteron processors), desktop CPUs … Synonyms for benchmark include yardstick, measure, standard, criterion, touchstone, gauge, barometer, model, basis and canon. About This Software Benchmark your VR setup - OpenVR Benchmark is the first benchmark tool for reproducibly testing your real VR performance, rendering inside of your VR headset. SplashLearn is an award winning math learning program used by more than 30 Million kids for fun math practice. Benchmarking Definition: Benchmarking, is a tool of strategic management, that allows the organization to set goals and measure productivity, on the basis of the best industry practices. Regardless of the motivation, cultivating an external view of your industry and competitors is a valuable part of effective management practices in a world that is constantly changing. Definition of Benchmark explained with real life illustrated examples. 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