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The latest Standish Group Chaos Study results show Waterfall and Agile project success and failure rates. It should come as no surprise that Agile projects are statistically 2X more likely to succeed, and 1/3 less likely to fail than waterfall projects.

Initially, the statistics were really bad with IT project success rates measured at less than 20%. Thankfully things have improved, with the most recent report from the Standish Group showing technology project success rates at 36%.

Vitalty Chicago

More Tech Services Stats

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

Unlike many other industries, if a software company grows at only 20%, it has a 92% chance of ceasing to exist within a few years

High-growth companies offer a return to shareholders 5 times greater than medium-growth companies

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

The very best SAAS companies keep monthly revenue churn at around 0.58%, that’s only about 7% revenue churn a year

Non-renewal rates are higher than gross dollar churn rates and higher for shorter duration contracts. Source: ForEntrepreneurs

Smaller SAAS companies reported more frequent use of third-party providers as their primary application delivery method, while the largest companies were more likely to use self-managed servers

The median cost for a SaaS company to acquire a dollar of new customer revenue is $1.18

It’s common for startups to grow rapidly, doubling or tripling in size year over year, until they hit $5M in ARR

Software and online services are in a period of dizzying growth

More Agile Marketing Stats

Finding new ways, more clever ways to interrupt people doesn’t work.

53% of marketers say “no” to projects never or just a few times a year, while another 26% simply don’t have the authority to say “no” at all

The best place to hide a dead body is page 2 of Google search results.

Social Media is about the people! Not about your business. Provide for the people and the people will provide for you.

can’t just keep talking and saying the same old things. They need to listen, interact, and be somewhat interesting, just like any person who wants to be taken seriously.

‘Build it, and they will come’ only works in the movies. Social Media is a build it, nurture it, engage them, and they may come and stay.

Nothing draws a crowd like a crowd.

Many a small thing has been made large by the right kind of advertising.

Content marketing is a commitment, not a campaign.

Over 25% of millennials use a mobile phone as their primary source for content compared with 17% of Gen Xers and 7% of baby boomers.