Statistic Info

Technology brands with the most Facebook fans as of April 2018 (in millions)

Number of fans in millions
Facebook208.14
Facebook for Every Phone208.14
Samsung Mobile USA156.25
Instagram54.31
Microsoft Windows47.15
Netflix44.57
Samsung Mobile43.48
Intel38.88
PlayStation38.57
iTunes30.46
Statista

More Tech Services Stats

Companies that spend more on sales and marketing (as a % of revenue) generally grew at a faster rate than those that spent less

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

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

80% of marketers report that their departments are understaffed, making them feel overloaded

The median average contract length is 1.3 years and the average billing term is seven months in advance in 2016. Comparable to 2015, with average contract length shortening from 1.5 to 1.3 years and average billing period increasing by one month from 2015 to 7 months

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.

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

In 2017, IBM generated 37.8 billion U.S. dollars in global IT services revenue, making it the largest IT services company in the world in terms of net sales

The metrics that matter for each sales funnel, vary from one company to the next depending on the steps involved in the funnel

The average SaaS company spends just 6 hours determining their pricing strategy

More Growth Strategy Stats

In 2018, the market size of information technology outsourcing amounted to 62 billion U.S. dollars.

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

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”

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

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

The median SaaS business loses about 10% of its revenue to churn each year and that works out to about 0.83% revenue churn a month

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

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

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

In 2018, the revenue of General Dynamics amounted to nearly 36.2 billion U.S. dollars.

September 19, 2019 Seminar

Driving Traffic To Generate Leads: Content Marketing, Paid Ads & SEO

If your business if starving for new leads but struggling with all of the noise, rising costs, and a rapidly changing landscape of the digital marketing world, this seminar will equip you with what you need to gain momentum and leave with an actionable gameplan.


Details + Registration