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

From Statista
Statistic in SaaS & Tech Sales Enablement
This was higher than EDI sales which were 286 billion British pounds.

E-commerce sales in the United Kingdom (UK) from 2014 to 2017, by technology (in billion GBP)

Website sales EDI sales*
2017 300.2 286.1
2016 248.4 258
2015 236.6 259.6
2014 227.4 286.1

More Tech Services Stats

Less than 20% of new revenue came from existing customers in the form of up-sell and expansion sales

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

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

General Dynamics is a market leader in the aerospace and defense industry. In 2018, a total of 105,600 people were working at General Dynamics.

Japanese company Hitachi accounted for three percent of the world’s market for diagnostic imaging in 2017.

The fastest growing SAAS companies averaged $250k in MRR and were only losing around 3.2% of that revenue each month to churn

How to Reduce Churn

For a SaaS business of almost any scale, the valuation impact of better retention is in the tens of millions over time

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%”

SaaS, and other recurring revenue businesses are different because the revenue for the service comes over an extended period of time (the customer lifetime)

More SaaS & Tech Sales Enablement Stats

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

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.

In 2019, spending on IT services is expected to amount to 1,016 billion U.S. dollars worldwide

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

General Dynamics is a market leader in the aerospace and defense industry. In 2018, a total of 105,600 people were working at General Dynamics.

More than 1/2 of SAAS companies increased their spending on customer retention last year

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

Create remarkable products that sales finds easy to sell.

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