Breaking Through Growth PLateaus

Stuck in a growth plateau? - Tercera 

  • In analysis of CEO profiles of more than 100 services firms, spanning $1 million to $200 million in revenue, we found that 80% of companies in plateaus 1 and 2 were led by the original founding CEO. That number dropped to 70% for companies bringing in over $25 million in revenue, and it continued to drop as the companies got larger. 

The Tercera 30 2023 - Tercera 

  • Components of a Great Partner Ecosystem are market size and potential,  brand and growth potential, partner support and collaborations, and potential for external services 

  • 31% of executives frustrated with their partner relationships citing poor partner support, lack of leads, partner saturation, and channel conflict 

From scrappy sales reps to buttoned-up account management - Tercera 

  • The mature sales team is led by an experienced Chief Revenue Officer with multiple functions reporting in 

  • Focus is global expansion, scalable processes, predictability and account expansion 

  • Managed through a data-driven RevOps stack tightly integrated with marketing and finance 

IT Services Market Size (mordorintelligence.com) 

  • The IT Services market is projected to grow from $1.2 trillion in 2024 to $1.81 trillion in 2029 

Canalys Resources - Global systems integrators look to react to changing cloud landscape 

  • GSI and SI have driven multiplier revenues led by cloud deployments 

Leadership Vision for 2024: Chief Sales Officer | Gartner 

  • Since the second half of 2022, the majority of enterprise buyers have indicated a ‘recession feels like it is always around the corner’ 

  • 76% of buyers are concerned about potential economic recession