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More than two thirds of SAAS companies experienced annual churn rates of 5% or higher
SaaS IPOs have more than doubled over the last 12 years
55% of SaaS companies rate Customer Retention as the key metric to measure
Japanese company Hitachi accounted for three percent of the world’s market for diagnostic imaging in 2017.
56% treat “Existing Customer Renewals” as high priority
SAAS companies need to track the number of visitors, trials and closed deals; And also track the conversion rates, with the goal of improving those over time
The metrics that matter for each sales funnel, vary from one company to the next depending on the steps involved in the funnel
in 2016, women-led companies received $1.46 billion in investments from venture capitalists. Male-led companies, on the other hand, received $58.2 billion
In 2018, the revenue of General Dynamics amounted to nearly 36.2 billion U.S. dollars.
There are 9.6 million websites that use e-commerce technologies
The median Customer Acquisition Cost (CAC) for upsells is just $0.28 per $1, less than a quarter of the $1.18 spent to acquire $1 of revenue from a new customer
As with unit churn, companies with longer contracts (2+ years) tend to report lower annual dollar churn
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.
SaaS, and other recurring revenue businesses are different because the revenue for the service comes over an extended period of time (the customer lifetime)
At Twitter, 10 percent of tech roles are staffed by women
At Facebook, 15 percent of tech roles are staffed by women
The best SAAS businesses have a LTV to CAC ratio that is higher than 3, sometimes as high as 7 or 8
Women in western countries use the internet 17 percent more than their male counterparts
The 2015 median revenue growth rate was 44%, while the median projected growth rate for 2016 is 48%
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.