Exploring Benchmarks
Summarize
Summary of Exploring Benchmarks
ServiceNow Benchmarks for ITSM provides customers with comparative insights by securely collecting and aggregating daily instance data into monthly global benchmark reports. These reports offer visibility into key performance indicators (KPIs) and trends relative to industry peers and top performers. Participation requires opting in from a production instance, with some exceptions such as Express, Federal, and on-premise customers. Managed Service Providers (MSPs) have exclusive access to global MSP aggregate data.
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Benchmark data is uploaded monthly, with retries on errors, and results including your instance’s performance, global figures, and rankings are available mid-month. Customers receive email notifications when new global data is ready and monthly recommendation candidates to help improve KPI performance.
Key Features
- Access to KPIs from ServiceNow ITSM, ITOM, and Security Operations applications, with ability to customize KPI definitions.
- Mobile-friendly Benchmarks dashboard in Service Portal with options to download KPI reports.
- Filters to compare data by industry, active user size, geographical region, and companies of similar size and industry category.
- Percentile rankings indicating your position within peer groups.
- Guided setup recommendations to improve KPI performance based on dynamic monthly data analysis.
- Product category-based roles to restrict data access.
- Integration with Performance Analytics for daily data collection and detailed KPI drill-down.
- Introduction of the Benchmark Scheduler (bm.scheduler) user for data collection processes.
Key Outcomes
- Global anonymity: Benchmark data is aggregated anonymously, ensuring company-level confidentiality while providing organizational access to their own benchmarks.
- Relevant industry comparisons: Filters allow benchmarking against similar-sized companies in the same industry and region for more meaningful insights.
- Trend analysis: Access to six months of KPI history enables monitoring and reporting on service delivery progress to identify strengths and areas for improvement.
- Actionable recommendations: Monthly updated recommendations support continuous improvement in KPI performance tailored to your data.
- Regular reporting: Monthly refreshed benchmark reports are available for download in PDF format, with email alerts to notify customers when new data is ready.
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 mid 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.
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| 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. |