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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

The very best SAAS business has a negative churn rate and will have a Dollar Retention Rate of greater than 100%

In all SaaS businesses there will likely come a moment where they realize that not all customers are created equal

Growing faster has twice as much impact on share price as improving margins

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

In 2019, spending on IT services is expected to amount to 1,016 billion U.S. dollars worldwide

The median annual unit churn for SAAS companies was 10% in 2016

The very best SaaS businesses have a negative revenue churn rate and will have a Revenue Retention Rate of greater than 100%

The very best SAAS companies keep monthly revenue churn at around 0.58%, that’s only about 7% revenue churn a year

There are 9.6 million websites that use e-commerce technologies

It’s been reported that women who work in computer and mathematical fields earn 80 cents to the dollar that men earn doing the same job

More Agile Marketing Stats

Intelligent marketing should at times be thrown out the window by your gut feeling.

Good advertising does not just circulate information. It penetrates the public mind with desires and belief.

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.

Nothing draws a crowd like a crowd.

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

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

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

can’t just keep talking and saying the same old things. They need to listen, interact, and be somewhat interesting, just like any person who wants to be taken seriously.

53% of marketers say “no” to projects never or just a few times a year, while another 26% simply don’t have the authority to say “no” at all

The objective of all advertising is to buy new customers at a profit. Learn what your customers cost and what they buy…spend all of your ammunition where it counts.