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

Tech Services
Quote in Growth Strategy

Quote Info

If you’re a man between the ages of 18 and 35, you used to be tech industry’s most coveted prize. You were the one who decided what products failed and what products succeeded. That’s why companies like Asus tweet ridiculous, sexist stuff. That’s one reason why less than 10 percent of venture capital-backed companies have female founders and there is a massive gender gap in tech. The technology industry’s focus on men is reflexive and all too intuitive to the men who run the companies. And it’s built on a plain wrong reading of the reality of the market.

The Atlantic

More Tech Services Stats

The statistic shows the worldwide IT spending on enterprise software from 2009 to 2020.

How Often Should The Pricing Committee Be Meeting And Making Changes?

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

Gross dollar churn among companies with an internet go-to-market strategy saw a meaningful increase, up from 8% in 2015

Software and online services are in a period of dizzying growth

In 2018, the revenue of General Dynamics amounted to nearly 36.2 billion U.S. dollars.

Investment in marketing automation tools is expected to reach $25 billion by the year 2023

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

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

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

More Growth Strategy Stats

The median annual contract value (ACV) was $25K, $21K, $21K, $20K in 2016, 2015, 2014 and 2013

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

Companies that spend more on sales and marketing (as a % of revenue) generally grew at a faster rate than those that spent less

How Often Should The Pricing Committee Be Meeting And Making Changes?

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

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

Analysed by contract value, field sales are primarily evident for companies with median deals over $25K. Inside sales strategies are most popular for companies with $1K-$25K median deal sizes

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

They may forget what you said, but they will never forget how you made them feel.

The median monthly revenue churn for large SaaS companies is 0.75%, translating into an annual revenue churn rate of 10%

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