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

Statistic Info

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

More Tech Services Stats

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.

High-growth companies offer a return to shareholders 5 times greater than medium-growth companies

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

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”

In 2017, the global adoption rate for biotech soybean amounted to 77 percent.

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

51% of large (revenue >$2.5million) SaaS companies use field sales as their primary method of distribution

Non-renewal rates are higher than gross dollar churn rates and higher for shorter duration contracts. Source: ForEntrepreneurs

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

The median Customer Acquisition Cost (CAC) for upsells is just $0.28 per $1, less than a quarter of the $1.18 spent to acquire $1 of revenue from a new customer

More Growth Strategy Stats

Revenue per employee has been steadily increasing in SAAS companies. It serves as a great longitudinal measuring stick to understand the increasing or decreasing efficiency of the business

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

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

SaaS companies in the $7.5MM-$15MM range are among the fastest growers

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

A 1% increase in pricing strategy yields an average 11% increase in profit

The boom in the industry is creating more jobs for techies. Data reveals there were 627,000 unfilled positions in tech in April 2017

Between the SMB and Enterprise customer types, the top-quartile performers not only have net-revenue churn that is 14% to 23% percentage less than the average performers but also have net-revenue churn that is negative in an absolute sense

SaaS businesses face significant losses in the early years (and often an associated cash flow problem)

SaaS IPOs have more than doubled over the last 12 years