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*

More Tech Services Stats

56% treat “Existing Customer Renewals” as high priority

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

In 2017, the world invested around 3.4 billion U.S. dollars in small hydropower technologies, down from 3.9 billion U.S. dollars in 2016.

70% Say Presentation Skills Are Critical For Career Success

The best SaaS companies achieve 5-7% annual revenue churn – equivalent to a loss of $1 out of every $200 each month

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

In 2017, website sales amounted to approximately 300 billion British pounds.

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

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

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.

More Growth Strategy Stats

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

Smaller SAAS companies reported more frequent use of third-party providers as their primary application delivery method, while the largest companies were more likely to use self-managed servers

55% of SaaS companies rate Customer Retention as the key metric to measure

To generate a single dollar of new customer revenue, Field Sales strategies have an average Customer Acquisition Cost (CAC) of $1.14

It’s essential to have a point of view that puts a stake in the ground and breaks through the clutter.

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

In 2017, Foxconn Technology Group achieved revenue of 158.15 billion U.S. dollars.

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

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

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