KPI stands for Key Performance Indicator. In technology metrics, KPIs are essential for measuring the performance and success of various processes or projects. They provide quantitative measures that help assess whether teams and organizations are meeting their objectives and goals. KPIs may vary based on specific business needs and can include metrics such as system uptime, response time, and user engagement rates. By regularly analyzing these indicators, organizations can make data-driven decisions to improve their performance and streamline operations.