Quote Info

Number of employees of the defense technology supplier General Dynamics from 2002 to 2018

Number of employees
2018105,600
201798,600
201698,800
201599,900
201499,500
201396,000
201292,200
201195,100
201090,000
200991,700
200892,300
200783,500
200681,000
200570,900
200468,800
200365,200
200253,400
Statista

More Tech Services Stats

At a 35% CAGR, it takes 10 years for a SaaS company to grow from $5M to $100M in ARR

Our experiences with SaaS startups indicate that they usually start with a couple of lead generation programs such as Pay Per Click Google Ad-words, radio ads, etc

As companies scale their growth engines, a slightly-above-average churn rate becomes harder and harder to offset with net new revenue growth, especially when the goal is to outpace it by 4x

The fastest growing SaaS companies scale their organizations rapidly, growing their teams by an average of 56% each year

70% Say Presentation Skills Are Critical For Career Success

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

Gross dollar churn among companies with an internet go-to-market strategy saw a meaningful increase, up from 8% in 2015

Achieving a SaaS Quick Ratio of 4 is a good benchmark for young, high-growth companies but the equation changes as those companies reach scale

For SaaS companies valued at over $1billion, the median amount of financing raised is $206million

Publicly-traded SaaS companies have an average Revenue Per Employee of $200,000

More Growth Strategy Stats

Companies with longer contracts (2+ years) reported the lowest annual unit churn

In 2017, Foxconn Technology Group achieved a net income of 135.37 billion New Taiwanese dollars, the equivalent to approximately 4.55 billion U.S. dollars.

High-growth companies generate 60% fewer sales opportunities than low-growth companies

The average company gets 16% of new ACV sales from up-sells and expansions, though companies with revenue between $10MM-$40MM are relying more heavily on up-sell and expansions

Publicly-traded SaaS companies have an average Revenue Per Employee of $200,000

86% of SaaS businesses treat “New Customer Acquisition” as their highest growth priority, both in terms of executive support and funding available

Google only has a 30 percent female workforce

All types of investment have grown, year-on-year, with the biggest growth during the seed stage of financing

If your Net Revenue Churn is high (above 2% per month) it is an indicator that there is something wrong in your business

The boom in the industry is creating more jobs for techies. Data reveals there were 627,000 unfilled positions in tech in April 2017

September 19, 2019 Seminar

Driving Traffic To Generate Leads: Content Marketing, Paid Ads & SEO

If your business if starving for new leads but struggling with all of the noise, rising costs, and a rapidly changing landscape of the digital marketing world, this seminar will equip you with what you need to gain momentum and leave with an actionable gameplan.


Details + Registration