Definition of Scalability:
In financial markets, scalability refers to financial institutions' ability to handle increased market demands; in the corporate environment, a scalable company is one that can maintain or improve profit margins while sales volume increases.
The capacity to be changed in size or scale.
Scalability is a characteristic of an organization, system, model, or function that describes its capability to cope and perform well under an increased or expanding workload or scope. A system that scales well will be able to maintain or even increase its level of performance or efficiency even as it is tested by larger and larger operational demands.
How to use Scalability in a sentence?
- Scalability of the service has not been an issue.
- A scalable firm is able to benefit from economies of scale, and can quicklu ramp up production.
- Scalability has become increasingly relevant in recent years as technology has made it easier to acquire more customers and expand markets globally.
- Scalability describes a system's capability to adapt easily to increased workload or market demands.
Meaning of Scalability & Scalability Definition