| 2010 Software Benchmarking Industry Report - Now Available |
View Press Release here
Key findings from the 2010 Software Benchmarking Industry Report include:
• Operating income averaged 8 percent in 2009 – up from negative 25 percent in 2008.
• On average, revenues grew by about 15 percent from 2008 to 2009.
• SaaS firms less than $25M improved revenues by an average of 21 percent from 2008 to 2009.
• Almost 75 percent of software companies expect even stronger revenues in 2010.
“Since the recession, small and mid-sized software firms have focused on extensive expense and cash management, and now that revenue is improving, those decisions are really paying off,” said Lauren Kelley, CEO of OPEXEngine.
Conducted in partnership with the SIIA, the 2010 Software Benchmarking Industry Report provides extensive financial and operating metrics for companies ranging from start-ups, to those with revenues of up to $300 million. Benchmarks cover key financials, including detailed expense ratios, revenue and profit metrics, geographic break-outs, employee statistics, as well as customer and sales model comparisons. The report also looks specifically at Software as a Service (SaaS) vendors and breaks out all the benchmarks for smaller, private SaaS companies as well as for larger, typically public, SaaS companies. The 2010 report is the fourth annual benchmarking of the software industry conducted by OPEXEngine, and contains both historical data and trend analysis based on previous reports.
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| "I highly recommend OPEXEngine's operating benchmarks to any software executive fo a large or small company." Charles Gerlach, Director, Business Operations, Software Practice, Sun Microsystems
“This is our second year using OPEX. It is a valuable benchmarking tool that I use with our Executive Team and the Board to validate or adjust our operating plan and budget.” CFO of participating private software company
“We’ve participated in OPEXEngine’s software benchmarking for 3 years now and use it extensively in management and board decision-making.” CFO of a participating public software company
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| We will open the 2011 software benchmarking to participants in April 2011. Be sure to sign up for our email notification.
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OPEXEngine delivers best-in-class, without exception, financial and operating benchmarks to tech companies to drive profitability and revenue growth. OPEXEngine's products
> automate data collection for the planning and strategic process
> help executive teams and boards get on the same page around
expense and profitability metrics
> define business plans and strategic models
OPEXEngine was founded by senior operating executives with decades of experience building successful, high growth, profitable tech companies.
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