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The financial sector has been one of the quickest to invest in blockchain, with over 60 percent of the technology’s market value concentrated in this field.
How is blockchain used?

Given its nature as a tamper-evident distributed ledger, the technology offers many possible uses to business ventures spanning across different industries. As of 2018, the most common use cases for blockchain within organizations include supply chain management and Internet of Things (IoT). The technology has also proven itself to have great promise in the field of digital currency and payments, with the most successful cryptocurrencies in the world built using the platform and many businesses using some type of blockchain system for inter-company transactions.

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More Tech Services Stats

If your Net Revenue Churn is high (above 2% per month) it is an indicator that there is something wrong in your business

Companies with longer contracts (2+ years) reported the lowest annual unit churn

Internet sales strategies are the only sales method to see a decline in CAC, dropping from $0.54 to $0.42 between 2014 and 2015

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

70% Say Presentation Skills Are Critical For Career Success

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

56% treat “Existing Customer Renewals” as high priority

The fastest growing SaaS companies raise an average of $9.5M in Series A funding

The average Quick Ratio of fastest growing SaaS companies (those with a CAGR of over 50%) is 3.9: generating $3.9 in revenue for every $1 lost to revenue churn

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

More Growth Strategy Stats

Google only has a 30 percent female workforce

To establish a revenue or lead-commitment based on your funnel metrics and revenue-growth goals, work backward from the gross revenue amount that marketing is responsible for generating (generally around 40%)

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”

The very best SaaS businesses have a negative revenue churn rate and will have a Revenue Retention Rate of greater than 100%

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

As of December 2018, there were total 105,000 employees in Lockheed Martin, as compared to 126,000 employees in 2015.

Is your SaaS business viable?

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

The largest SaaS companies (>$75million yearly revenue) attribute 2.5x as much new revenue to upselling than the smallest SaaS companies (<$1.25million): 28% versus 11%

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