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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

The median annual contract value (ACV) was $25K, $21K, $21K, $20K in 2016, 2015, 2014 and 2013

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

Customer Acquisition Cost (CAC) = sum of all sales & marketing expenses/ number of new customers added

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%

If a software company grows at 20% annually, it has a 92% chance of ceasing to exist within a few years

Since churn is so important, wouldn’t it be useful if we could predict in advance which customers were most likely to churn?

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

At a 35% CAGR, it takes 10 years for a SaaS company to grow from $5M to $100M in ARR

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

Agile projects are twice as likely to succeed as projects run with traditional project management

More Growth Strategy Stats

At a 35% CAGR, it takes 10 years for a SaaS company to grow from $5M to $100M in ARR

Internet Sales strategies have a significantly lower CAC of just $0.42

Customer’s lifetime value (LTV)= average revenue per user (ARPU) / monthly churn rate

Publicly-traded SaaS companies have an average Revenue Per Employee of $200,000

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

Because of the losses in the early days, which get bigger the more successful the company is at acquiring customers, it is much harder for management and investors to figure out whether a SaaS business is financially viable.

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

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

26% of SAAS companies with at least $15MM in 2015 GAAP revenue had a revenue growth rate + EBITDA margin of 40% or higher

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