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

More Tech Services Stats

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

How To Make Pricing A Constant Process In Your Organization

36% of SaaS businesses managed to reduce their revenue churn over the last 12-months

High-growth companies generate 60% fewer sales opportunities than low-growth companies

In contrast, only 8% of large companies use internet sales strategies. The proportion of companies relying on internet sales increases as company size decreases

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.

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

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

More Growth Strategy Stats

Five critical enablers of growth in act one

More than 1/2 of SAAS companies increased their spending on customer retention last year

The average company gets 16% of new ACV sales from up-sells and expansions, though companies with revenue between $10MM-$40MM are relying more heavily on up-sell and expansions

The very best SAAS business has a negative churn rate and will have a Dollar Retention Rate of greater than 100%

In all SaaS businesses there will likely come a moment where they realize that not all customers are created equal

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

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

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

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

Growth trumps all

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