Quote Info

The statistic shows the number of employees at Lockheed Martin from 2000 to 2018. Lockheed Martin is an American global aerospace, defense, security, and advanced technology company with worldwide interests.

Statista

More Tech Services Stats

The statistic shows the worldwide IT spending on enterprise software from 2009 to 2020.

If your Net Revenue Churn is high (above 2% per month) it is an indicator that there is something wrong in your business; this will become a major drag on growth

The venture-backed companies that were acquired most often had a 7 percent share of female execs, as opposed to 3 percent at unsuccessful (unacquired) firms

Companies that spend more on sales and marketing (as a % of revenue) generally grew at a faster rate than those that spent less

The median cost for a SaaS company to acquire a dollar of new customer revenue is $1.18

The average SaaS business generates 16% of its new Annual Contract Value (ACV) from upselling to existing customers

When venture capitalists participate in seed rounds, the average round size is 3x larger

Median annual gross dollar churn was 8%, 7%, 6% and 8% in 2016, 2015, 2014 and 2013

At Twitter, 10 percent of tech roles are staffed by women

orecasts suggest that global blockchain technology revenues will experience massive growth in the coming years, with the market expected to climb to over 23.3 billion U.S. dollars in size by 2023.

More Growth Strategy Stats

If the numerator of your quick ratio is growing that means your revenue is growing. It’s important to keep increasing revenue to counter any MRR (Monthly Recurring Revenue) that is lost to churn

Account Churn Rate (ACR) = customers at beginning of month – customers at the end of month / customers at beginning of month

At Twitter, 10 percent of tech roles are staffed by women

in 2016, women-led companies received $1.46 billion in investments from venture capitalists. Male-led companies, on the other hand, received $58.2 billion

The median SaaS business generates 16% of its new Annual Contract Value (ACV) from upselling to existing customers

If your Net Revenue Churn is high (above 2% per month) it is an indicator that there is something wrong in your business; this will become a major drag on growth

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

The median SaaS business loses about 10% of its revenue to churn each year and that works out to about 0.83% revenue churn a month

56% treat “Existing Customer Renewals” as high priority

The average SaaS company spends just 6 hours determining their pricing strategy