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The latest Standish Group Chaos Study results show Waterfall and Agile project success and failure rates. It should come as no surprise that Agile projects are statistically 2X more likely to succeed, and 1/3 less likely to fail than waterfall projects.

Initially, the statistics were really bad with IT project success rates measured at less than 20%. Thankfully things have improved, with the most recent report from the Standish Group showing technology project success rates at 36%.

Vitalty Chicago

More Tech Services Stats

In 2018, the market size of information technology outsourcing amounted to 62 billion U.S. dollars.

In 2018, the global tech spending is forecast to amount to 3,212 billion U.S. dollars.

In 2017, the world invested around 3.4 billion U.S. dollars in small hydropower technologies, down from 3.9 billion U.S. dollars in 2016.

It’s common for startups to grow rapidly, doubling or tripling in size year over year, until they hit $5M in ARR

Net-revenue churn improves with larger Average Contract Value (ACV), likely due to more structural churn among SMB customers and higher switching costs associated with larger contracts

SaaS companies in the $7.5MM-$15MM range are among the fastest growers

Moving from $1.5 million with an eye towards $10 million in ARR is a tough a task and will take an excellent VP of sales to get you there

Smaller SAAS companies reported more frequent use of third-party providers as their primary application delivery method, while the largest companies were more likely to use self-managed servers

The metrics that matter for each sales funnel, vary from one company to the next depending on the steps involved in the funnel

As with unit churn, companies with longer contracts (2+ years) tend to report lower annual dollar churn

More Agile Marketing Stats

If you look at the higest-rated videos on YouTube, they’re not sad dramas, they’re men getting hit with inflatable balls or animals falling off things. Younger generations love humor, which is why advertising is using increasing quantities of it to sell things. People like it. It works.

Many a small thing has been made large by the right kind of advertising.

‘Build it, and they will come’ only works in the movies. Social Media is a build it, nurture it, engage them, and they may come and stay.

Over 25% of millennials use a mobile phone as their primary source for content compared with 17% of Gen Xers and 7% of baby boomers.

93% of CMOs who employ Agile practices say their speed to market for ideas, campaigns, and products has improved93% of CMOs who employ Agile practices say their speed to market for ideas, campaigns, and products has improved

Originality and unexpectedness are superpowers. Surprisingly, very few brands use them as such. They’re hard to master and far away from a science or anything you can test. That’s probably why you don’t see more truly original and unexpected communication today.

For a business not to advertise is like winking at a girl in the dark. You know what you are doing but no one else does.

The best place to hide a dead body is page 2 of Google search results.

Finding new ways, more clever ways to interrupt people doesn’t work.

Advertising is the ability to sense, interpret… to put the very heart throbs of a business into type, paper and ink.