Statistic Info

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 salesEDI sales*
2017300.2286.1
2016248.4258
2015236.6259.6
2014227.4286.1
Statista

More Tech Services Stats

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

SaaS IPOs have more than doubled over the last 12 years

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

Unlike many other industries, if a software company grows at only 20%, it has a 92% chance of ceasing to exist within a few years

Moving from $1.5 million with an eye towards $10 million in ARR is a tough a task and will take an excellent VP of sales to get you there

63 percent of the time, women receive lower salary offers than men for the same job at the same company

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

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

Between the SMB and Enterprise customer types, the top-quartile performers not only have net-revenue churn that is 14% to 23% percentage less than the average performers but also have net-revenue churn that is negative in an absolute sense

If the numerator of your quick ratio is growing that means your revenue is growing. It’s important to keep increasing revenue to counter any MRR (Monthly Recurring Revenue) that is lost to churn

More Sales Enablement Stats

SAAS companies invest between 80% and 120% of their revenue in sales and marketing in the first 5 years of their existence

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.

When determining Sales Capacity, “it’s worth noting that some percentage of new sales hires won’t meet expectations, so that should be taken into consideration when setting hiring goals. Typically we have seen failure rates around 25-30% for field sales reps, but this varies by company. The failure rate is lower for inside sales reps. can be counted as half of a productive rep”

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

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

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

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.

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

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

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

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