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

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Software, cybersecurity and cloud computing professionals, in particular, are in high demand. As a result, techies are making more money than most professionals. In 2016, tech workers received an average annual salary of $108,900 compared to the national average of $53,040.

More Tech Services Stats

13.7% of sales are online

The median annual unit churn for SAAS companies was 10% in 2016

93% of CMOs who employ Agile practices say their speed to market for ideas, campaigns, and products has improved93% of CMOs who employ Agile practices say their speed to market for ideas, campaigns, and products has improved

High-growth companies are 8X more likely to reach $1 billion in revenues than those growing less than 20%.

There are 9.6 million websites that use e-commerce technologies

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

It’s 9x cheaper to retain existing customers than acquire new customers: costing $0.13 to acquire any additional dollar of revenue

For SaaS companies valued at over $1billion, the median amount of financing raised is $206million

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

How to Reduce Churn

More Culture Stats

A University of Texas study showed that women ask for $7,000 less than their male counterparts in job interviews

It’s been reported that women who work in computer and mathematical fields earn 80 cents to the dollar that men earn doing the same job

Google only has a 30 percent female workforce

The venture-backed companies that were acquired most often had a 7 percent share of female execs, as opposed to 3 percent at unsuccessful (unacquired) firms

Women-led companies have historically performed three times better than those with male CEOs

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

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

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

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

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