In 2017, the global adoption rate for biotech soybean amounted to 77 percent.

From Statista
Statistic in SaaS & Tech Growth Strategy

Adoption of GM technology among selected major crops worldwide in 2017, by type*

Percentage of total crop
Cotton 80%
Soybean 77%
Corn 32%
Canola 30%

More Tech Services Stats

Women-led companies have historically performed three times better than those with male CEOs

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

36% of SaaS businesses managed to reduce their revenue churn over the last 12-months

SAAS companies that are focused mainly on enterprise sales have higher levels of professional services

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

The median TTM revenue growth rate + adj. EBITDA margin for publicly traded SaaS companies was ~37%, implying that just under one half met or exceed “The Rule of 40%”

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

The average Quick Ratio of fastest growing SaaS companies (those with a CAGR of over 50%) is 3.9: generating $3.9 in revenue for every $1 lost to revenue churn

Customer Acquisition Cost (CAC) = sum of all sales & marketing expenses/ number of new customers added

Only 8% of large companies use internet sales strategies. The proportion of companies relying on internet sales increases as company size decreases

More SaaS & Tech Growth Strategy Stats

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

54% treat upselling and add-on sales as high priority

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

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.

The median startup spends 92% of first year revenue on customer acquisition, taking 11-months to payback their Customer Acquisition Cost

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

Non-renewal rates are higher than gross dollar churn rates and higher for shorter duration contracts. Source: ForEntrepreneurs

If a software company grows at 20% annually, it has a 92% chance of ceasing to exist within a few years

Internet Sales strategies have a significantly lower CAC of just $0.42

73% of organizations indicated nearly all their apps will be SaaS by 2021