Exploring Benchmarks
Summarize
Summary of Exploring Benchmarks
The ServiceNow Benchmarks application provides IT Service Management (ITSM) customers with comparative insights by securely collecting and aggregating daily instance data into monthly global benchmark reports. These reports include your key performance indicators (KPIs), trends, and rankings relative to industry peers and top performers. Data collection occurs daily and is uploaded monthly, with aggregated results available by the 21st of each month. Customers receive email notifications when new benchmark data is ready, along with recommendation candidates to help improve KPI performance.
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Participation in Benchmarks is open to all ServiceNow customers with a production instance, excluding Express customers, Federal customers, and on-premises instances. Managed Service Providers (MSPs) and MSP-managed instances have exclusive access to MSP aggregate score data. Benchmarks support comparisons across global, industry, user size, and geographical region categories, with top performers highlighted for each category.
Key features
- Integration with Performance Analytics for daily data collection and KPI drill-down.
- Support for KPIs from ITSM, IT Operations Management (ITOM), and Security Operations applications with the ability to customize KPI definitions.
- Mobile-friendly Benchmarks dashboard in the Service Portal with filtering options by industry, user size, and region.
- Downloadable KPI reports in PDF format refreshed monthly.
- Percentile ranking to indicate your standing within peer groups.
- Email notifications when new aggregate monthly data is available.
- Dynamic monthly recommendations to improve KPI performance.
- Role-based access controls to limit data visibility based on product categories.
- Benchmark Scheduler (bm.scheduler) user included for data collection automation.
Key outcomes
- Global anonymity: Your organization’s data is visible internally, while global benchmark data remains anonymous and company information is not disclosed.
- Relevant comparisons: Filter benchmarks by industry, company size (active ServiceNow users), and geographical region to compare your performance against similar organizations.
- Trend analysis: Access six months of historical KPI data to identify service delivery improvements or areas needing attention.
- Actionable recommendations: Receive monthly updated guidance based on your data to enhance KPI outcomes.
- Regular reporting: Downloadable monthly reports support ongoing performance tracking and management reporting.
By leveraging Benchmarks, ServiceNow customers gain valuable insights into their service management performance against peers, enabling data-driven improvements and strategic decision-making.
Use Benchmarks for ITSM to get a comparative insight relative to industry averages of your peers and to the industry top performers. With Benchmarks get a quick visibility into your key performance indicators (KPIs) and trends.
The ServiceNow Benchmarks application securely collects daily data on your instance and then aggregates the data into monthly global benchmark reports.
Performance Analytics collects daily data on customer instances. The data from the previous month is uploaded at the beginning of the following month via a scheduled job. If there are any errors, there are multiple retries.
This video provides an overview of how you can get started with Benchmarks.
During the month the data is uploaded, the data is aggregated and monthly results (your instance results, global results, and your ranking) are downloaded to the customer instance by 21st of every month. Monthly recommendation candidates are provided that you can implement to help improve your KPI performance. An email notification is sent when the global data is available.
- Express customers
- Federal customers
- Customers with on-premise instances
- Global, which applies to all customers
- Industry category
- User size, based on active user count
- Companies in your industry category and those that are of similar size to your company
- Geographical regions
- These benchmarks aren’t calculated using MSP data.
- Along with the above Benchmarks, you will also receive the top performers in each of these categories.
- Changing KPI configuration within the month requires one to two months of data collection before your monthly values reflect that change.
- The Benchmark Scheduler (bm.scheduler) user is added with Benchmarks. It’s required for Benchmarks data collection.
Key features
- Available KPIs from other ServiceNow applications such as ITSM, ITOM, Security Operations. For more information, see Benchmark KPIs.
- Ability to change KPI definitions to match customizations.
- Benchmarks dashboard in Service Portal (mobile friendly).
- Ability to download KPI reports.
- Ability to filter data based on the following parameters:
- Industry, number of users, or geographical region.
- Companies in your industry category and of similar user size.
- Email notification when new aggregate monthly data is available.
- Percentile ranking to indicate your standing within your participating peer group.
- Recommendation candidates with guided setup to help improve KPI performance.
- Product category-based roles to limit data access.
- Integration with Performance Analytics for daily data collection and drill-down on KPI data.
Benchmarks benefits
| Benefit | Description |
|---|---|
| Global anonymity | Viewers in your organization have access benchmarks for your organization, however the global benchmarks are anonymous, and don’t include any company information. |
| Industry comparison |
Using the Compare with drop-down in the Benchmarks dashboard, you can filter the benchmarks results by industry, ServiceNow user size, or geographical region to make the results more relevant to your organization.
|
| Trends | You can see the results of all published KPIs as well as the previous six months of history. You can then use the trend data to measure and report on service delivery progress over a period of time to determine what is working well and what needs improvement. |
| Recommendations | Data is analyzed and recommendation candidates are provided to help improve the performance of your KPIs. All recommendations are dynamic and are updated monthly, based on data from the previous month. |
| Reports |
Benchmarks reports get refreshed monthly, which can be downloaded in PDF format. An email notification is sent to the customer when new data is available. |