Annual Software and SaaS Benchmarking
Since 2007, OPEXEngine, in partnership with the SIIA, has conducted its annual benchmarking study of the small and mid-sized software industry. Hundreds of private and public software and SaaS companies participate in the OPEXEngine benchmarking which gives participating companies the opportunity to compare their performance with their closest peers, industry leaders and the most profitable companies.
The survey and metrics are developed and refined each year through extensive consultation with a group of leading software CEOs and CFOs as well as with the SIIA’s software advisory board. The benchmarking data is focused on metrics that drive revenue and customer growth, and expenses that contribute to productivity and profitability. In addition, the benchmarking collects data about software business models and how those models are changing in this fast paced digital world.
85% of the companies and finance execs who participate in the annual Software and SaaS benchmarking have participated previously. The benchmarking is a paid service to cover the cost of data security, normalization, accounting and statistical analysis and development of the benchmarks. Fees are tiered by company revenue size.
The annual software and SaaS survey is now closed for 2013 and will open again for the 2014 benchmarking in early 2014.
Participants in the Software and SaaS Financial Benchmarking Survey input their data directly into OPEXEngine’s secure, on-line survey form where industry data is aggregated and blinded. No individual company data is ever made public and strict confidentiality is maintained.
The benchmarking covers:
- Comprehensive financial ratios and operating metrics benchmarking of private and public software firms with revenues from $1M -$450M
- 7 years of software industry financial benchmarks and a database of 50,000+ datapoints
- Hundreds of software companies’ aggregated data
Participating companies access their own secure portal where they receive Individual Company Benchmarking Reports showing over 150 critical revenue, expense, profitability, balance sheet, financial ratio, and customer benchmarks for their closest peers. New, interactive tools and functionality is now available to customize benchmark reports to show growth trends, and benchmarks for different business models.