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

Statistic Info

Volume of U.S. imports of advanced technology products in 2018, by group (in billion U.S. dollars)

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As with unit churn, companies with longer contracts (2+ years) tend to report lower annual dollar churn

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

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

SaaS IPOs have more than doubled over the last 12 years

Gross dollar churn among companies with an internet go-to-market strategy saw a meaningful increase, up from 8% in 2015

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

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

Google only has a 30 percent female workforce

SAAS companies that are focused mainly on enterprise sales have higher levels of professional services

Sony’s PlayStation brand had accumulated approximately 38.57 million fans on the social network

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SaaS solutions have the highest security features with 95% security failures due to human error

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

The best SAAS businesses have a LTV to CAC ratio that is higher than 3, sometimes as high as 7 or 8

Even if a software company is growing at 60% annually, its chances of becoming a multibillion-dollar giant are no better than 50/50

Internet sales-driven companies have a much greater reliance on marketing, with 65% of the median company’s CAC budget devoted to marketing

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

The median startup spends 92% of first year revenue on customer acquisition, taking 11-months to payback their Customer Acquisition Cost

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

Increases in revenue growth rates drive twice as much market-capitalisation gain as margin improvements for companies with less than $4 billion in revenues

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