Benchmarking and Computing

Benchmarking is a company's use of information about other firms in the same industry used for comparisons and to set standards and goals.

noun

• The branch of engineering science that studies (with the aid of computers) computable processes and structures.
  • synonyms: computer science
• The procedure of calculating; determining something by mathematical or logical methods.
  • synonyms: calculation, computation

verb

• Make a mathematical calculation or computation.
  • synonyms: calculate, cipher, cypher, compute, work out, reckon, figure