Measuring Your Product
This collection of metrics cards offers detailed insights into key software development metrics, showcasing methods for improvement, real-world examples, and departmental utilization. By focusing on these metrics, product teams can strategically drive growth, enhance product quality, and optimize user engagement, ensuring sustained success in a competitive landscape.
Available Metrics:
59
Sales
Net Revenue Retention (NRR)
Net Revenue Retention (NRR) measures the percentage of recurring revenue retained from existing customers over a given period, factoring in upgrades, downgrades, and churn. This metric is crucial for understanding the financial health and growth sustainability of subscription-based businesses.
FORMULA
NRR = ( Starting MRR+Expansion Revenue−Churned Revenue / Starting MRR ) × 100%
Operational
Server Downtime/Uptime
Server Downtime/Uptime measures the reliability and availability of a server or network. Uptime refers to the percentage of time a system is operational and available, while downtime is the period when it is not functioning due to maintenance, failures, or other disruptions.
FORMULA
Uptime = ( Total Time - Downtime / Total Time ) × 100%
Feature Utilization Rate
Feature Utilization Rate measures the percentage of users actively using a specific feature of a software product relative to the total number of users who have access to that feature. This metric helps assess the relevance and value of different features within a product.
FORMULA
Feature Utilization Rate = ( Number of Users Using the Feature / Total Number of Users with Access ) × 100%
Operational
Error Rates
Error Rates measure the frequency of errors or bugs encountered in a software product or system. This metric is crucial for assessing the quality and reliability of software applications, indicating how often users experience issues during operation.
FORMULA
Error Rate = ( Number of Errors / Total Transactions or Operations ) × 100%
Customer
Average Support Response Time
Average Support Response Time measures the average duration it takes for a customer support team to respond to a customer inquiry or support request. This metric is crucial for assessing the efficiency and effectiveness of customer service operations.
FORMULA
Average Support Response Time = Total Response Time for All Requests / Number of Requests
Marketing
Market Share
Market Share is a key performance indicator that measures the portion of an industry's sales attributed to a specific company over a specific period. It helps assess a company's competitiveness and influence within its sector.
FORMULA
Market Share = ( Company’s Sales Revenue / Total Market Sales Revenue ) × 100%