Quote Info

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.

Small Business Trends

More Tech Services Stats

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

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

The top 50% of the fastest growing SaaS businesses generate much higher upsells than their competitors. The larger the business, the greater the impact of upselling

How To Make Pricing A Constant Process In Your Organization

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

Growth rate accelerates in the expansion stage ($2.5M – $10M ARR)

More than two thirds of SAAS companies experienced annual churn rates of 5% or higher

The fastest growing SAAS companies averaged $250k in MRR and were only losing around 3.2% of that revenue each month to churn

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

Even if a software company is growing at 60% annually, its chances of becoming a multibillion-dollar giant are no better than 50/50

More Culture Stats

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

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

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

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

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

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

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