Top KPIs for CTOs
1.Innovation Pipeline Strength: The number and potential value of new technologies or products in development.
2.R&D Spend as a Percentage of Revenue: The investment in research and development relative to total revenue, indicating commitment to innovation.
3.Patents Filed/Granted: The number of patents filed and granted, reflecting the company’s innovation and intellectual property creation.
4.Product Development Cycle Time: The time taken to develop and bring a new product to market, impacting competitiveness.
5.Technology Platform Stability: The uptime and reliability of critical technology platforms and systems.
6.Tech Team Skill Advancements: The level of skill and knowledge advancement within the technology team.
7.Adoption Rate of New Technologies: The speed and extent to which new technologies are integrated and utilized within the company.
8.IT Infrastructure ROI: Return on investment for IT infrastructure projects, measuring efficiency and value creation.
9.Cybersecurity Effectiveness: The ability to protect company and customer data from cyber threats.
10.Customer Technology Satisfaction: Customer satisfaction with the technology aspects of products or services.