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

Statistic Info

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

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The median average contract length is 1.3 years and the average billing term is seven months in advance in 2016. Comparable to 2015, with average contract length shortening from 1.5 to 1.3 years and average billing period increasing by one month from 2015 to 7 months

47% of millennials want to work at diverse companies, according to a recent study.

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

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

In 2017, IBM generated 37.8 billion U.S. dollars in global IT services revenue, making it the largest IT services company in the world in terms of net sales

To establish a revenue or lead-commitment based on your funnel metrics and revenue-growth goals, work backward from the gross revenue amount that marketing is responsible for generating (generally around 40%)

In 2018, the U.S. imported aerospace products worth about 53.98 billion U.S. dollars.

Non-renewal rates are higher than gross dollar churn rates and higher for shorter duration contracts

A 1% increase in pricing strategy yields an average 11% increase in profit

The top 50% of the fastest growing SaaS businesses generate much higher upsells than their competitors. The larger the business, the greater the impact of upselling

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Customer Segmentation analysis will help point out which are your most profitable segments

Revenue per employee has been steadily increasing in SAAS companies. It serves as a great longitudinal measuring stick to understand the increasing or decreasing efficiency of the business

How To Make Pricing A Constant Process In Your Organization

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

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

47% of millennials want to work at diverse companies, according to a recent study.

Invention is 10% inspiration and 90% perspiration.

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

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

In 2020, China is expected to generate 55 billion U.S. dollars in the global medical technology market.