A standard or reference value used to compare and evaluate the performance of objects, processes, or organizations. Benchmarks are frequently used in business, finance, and technology.
example
Unser neues Produkt muss sich am Benchmark des Marktführers messen lassen.
Our new product has to measure up to the market leader's benchmark.
Usage tips
Origin of the word
'Benchmark' is a direct loanword from English and is used in German with the same meaning. It is pronounced as in English, but has the masculine article 'der'.
EXAMPLE
Die Leistung unserer neuen Software dient als Benchmark für zukünftige Versionen.
The performance of our new software serves as a benchmark for future versions.
Register and context
This word belongs to technical language, especially in the fields of business, finance, and technology. It is used less often in everyday language.
EXAMPLE
Im Finanzsektor ist der DAX ein wichtiger Benchmark für den deutschen Aktienmarkt.
In the financial sector, the DAX is an important benchmark for the German stock market.
Typical collocations
Common verbs used with 'Benchmark' (benchmark) are 'einen Benchmark setzen' (to set a benchmark), 'als Benchmark dienen' (to serve as a benchmark), and 'einen Benchmark erreichen' (to reach a benchmark) or 'übertreffen' (to exceed).
EXAMPLE
Mit diesem Rekord hat das Unternehmen einen neuen Benchmark für die Branche gesetzt.
With this record, the company has set a new benchmark for the industry.
Compare with
near_synonym · confusable
Benchmark vs Standard
standard
'Standard' and 'Benchmark' can both serve as a point of reference. 'Standard' often means a rule, an expected level, or a technical specification that should be followed. 'Benchmark' means a reference value used to evaluate performance, for example in technology, business, or processes. The words can be confused because both provide orientation. If something has to meet a rule that applies, 'Standard' fits. If you are comparing something with a reference value, 'Benchmark' fits better.
Benchmark
Das Team nutzt den besten Anbieter als Benchmark für den eigenen Service.
The team uses the best provider as a benchmark for its own service.
Standard
Für die Produktion gelten strenge Standards, damit alle Teile zusammenpassen.
Strict standards apply to production so that all parts fit together.