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

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

SAAS companies with >$250K median ACV book nearly 25% of their contracts at 3 years or longer

If the numerator of your quick ratio is growing that means your revenue is growing. It’s important to keep increasing revenue to counter any MRR (Monthly Recurring Revenue) that is lost to churn

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

70% Say Presentation Skills Are Critical For Career Success

Non-renewal rates are higher than gross dollar churn rates and higher for shorter duration contracts

To establish a revenue or lead-commitment based on your funnel metrics and revenue-growth goals, work backward from the gross revenue amount that marketing is responsible for generating (generally around 40%)

In 2018, the global tech spending is forecast to amount to 3,212 billion U.S. dollars.

While field sales remains the most popular way to sell for companies >$2.5MM revenue, companies with <$2.5MM revenue tended to use inside sales as their primary mode of distribution

The best SAAS businesses have a LTV to CAC ratio that is higher than 3, sometimes as high as 7 or 8

More Culture Stats

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

Google only has a 30 percent female workforce

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

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

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

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

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

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

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

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