Growth Metrics for Software Companies
Interest by entrepreneurs in scaling up has increased dramatically over the last few years, particularly in the software sector. Revenue growth is critical to achieving scale, and regardless of sector, entrepreneurs work hard to grow their businesses. But how do we measure success in scaling, and what is the secret to growth?
To answer these questions, we partnered with Openview, a venture capital firm and Communitech, an innovation centre. We looked at thousands of software companies to uncover their secrets to driving growth. The attached report sets out important growth metrics, particularly for those selling Software as a Service (SaaS).
Below you will also see an interactive tool to enable software companies to look into the data we uncovered and to enable companies to compare their results with hundreds of other companies.