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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.

Statista

More Tech Services Stats

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

All types of investment have grown, year-on-year, with the biggest growth during the seed stage of financing

Three uses for the SaaS Guidelines

Cloud application services (SaaS) to reach $126 billions by the end of 2021

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 market size of information technology outsourcing amounted to 62 billion U.S. dollars.

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

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

If your Net Revenue Churn is high (above 2% per month) it is an indicator that there is something wrong in your business; which may have a dramatically negative effect on your company’s growth. Source: Mckinsey

Only 8% of large companies use internet sales strategies. The proportion of companies relying on internet sales increases as company size decreases

More Growth Strategy Stats

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

SaaS IPOs have more than doubled over the last 12 years

Growing faster has twice as much impact on share price as improving margins

At Twitter, 10 percent of tech roles are staffed by women

Smaller SAAS companies reported more frequent use of third-party providers as their primary application delivery method, while the largest companies were more likely to use self-managed servers

At Facebook, 15 percent of tech roles are staffed by women

While field sales remains the most popular way to sell for companies >$2.5MM revenue, companies with <$2.5MM revenue tended to use inside sales as their primary mode of distribution

Women in western countries use the internet 17 percent more than their male counterparts

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

47% of millennials want to work at diverse companies, according to a recent study.