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Gartner: Business Software Spend Still Forecast to Rise 11.3% to $880 Billion in 2023

SaaStr

They aren’t perfect, but given how many CIOs they interview — over 2,200 for this survey — they’re one of my favorite sources for what’s happening in 2023. And they say 2023 will be a banner year for enterprise software spend at least — growing a stunning 11% to $880 Billion. That’s not 100%.

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Gartner: SaaS Spending Is Going to Grow Even Faster Than We Expected in 2023

SaaStr

In 2023, it will be $750B. The latest Gartner data backs that up: The big takeways: Gartner is predicting acceleration of business software spend in 2023, up to 11.8% That’s just jaw-dropping acceleration in enterprise spend for SaaS and business software. in 2023 and an OK rate of 4.0% growth from 9.8%

SaaS 71
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The Typical Startup Saw a 24% Increase in Sales Cycle in 2023

Tom Tunguz

Sales cycles shifted dramatically in 2023. The average startup saw a 24% increase in sales cycle from early 2022 to 2023. Mid-market & SMB distributions skew left with up to 10% of businesses reporting a decrease in sales cycle during the period. The data analysis uses the results from the 2023 GTM Survey.

Startup 350
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Expensify Joins 2023 SaaStr Annual as Unicorn Sponsor!

SaaStr

We’re SUPER excited to announced that Expensify has returned as a second-time SaaStr Annual sponsor for 2023 Annual on September 6-8, this time as a Unicorn Sponsor! We’ll see you, Expensify, and 12,000+ of the Best in SaaS and Cloud at 2023 SaaStr Annual in the SF Bay Area, Sep 6-8!! It’s free to get going!

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Cloud-Based Solutions: The Sky Is the Limit for Retail Success

Speaker: Ryan Bryers, SVP of Global Engineering

While many businesses still rely on store-level infrastructure, it's time to embrace the unlimited potential of the cloud! It's about unlocking unparalleled flexibility and driving business agility. July 26th, 2023 at 9:30am PDT, 12:30pm EDT, 5:30pm BST Save your seat today!

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Gartner: Software Spend Will Still Grow by $100 Billion in 2023. To a Stunning $900 Billion.

SaaStr

Gartner: businesses will spend $100,000,000,000 more on software in 2023 than 2022. Yes, $100B more in 2023. As of July 2022, Gartner predicts: Overall business software spend will still grow a stunning 11.8% in 2023, up from 9.6% That means $100 Billion more software spend in 2023 than 2022.

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Why 2024 May Be Tougher on Venture Capital Than 2023

SaaStr

And 2023 was the year of the Work Out in venture. It got real in 2023, and that realness got normalized. And public SaaS stocks in many cases did really, really well in 2023. But the reality is I’m a bit more worried the venture drama in 2024 will be bigger than 2023. The drama mostly was behind us. So I thought.

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2 Retail Sectors That Are Completely Changing the Game: FMCG & Q-Commerce

Speaker: Joe Heather, Deliverect GM (UK&I) & Noah Hayes, Deliverect GM (US&CA)

October 26th, 2023 at 9:30am PDT, 12:30pm EDT, 5:30pm BST Save your seat today and elevate your understanding of the evolving consumer landscape and the future of commerce!

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Retail Tech: Empower Associates, Optimize CX, and Boost Productivity

Speaker: Andrew Regan, Managing Partner at BlueSeed Retail Ltd.

June 14th, 2023 at 9:30am PDT, 12:30pm EDT, 5:30pm BST

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Navigating the Product Tightrope: Balancing Innovation and Current User Demands

Speaker: Jason Brett - Founder & Chief Product Officer, Product Coffee

Through real-world examples and expert guidance, you will gain valuable insights into effectively managing the tension between innovation and current user demands, ultimately leading to the development of products that delight customers while driving business growth.

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Top Fraud and Payment Trends for 2023: What SaaS Pros Need to Know

This report outlines the most common types of fraud to look out for in 2023 and offers merchant-reported preferred best practices to help minimize fraud losses. How fraud changes based on the size of business. In the report, you’ll find: The scale and type of fraud seen in the global marketplace.

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10 Keys to AI Success in 2023

An organization’s path to AI success can be full of obstacles, from a proper assessment of its own AI maturity, to a better alignment between business and technical teams, many factors can influence the outcomes. While AI progress is hard, companies don’t have to get stuck in an endless loop of inertia on their path to value-driven AI.

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Retail Reimagined: What It Means To Be An Innovative Retailer

Speaker: DeAnna McIntosh, Retail Growth Strategist

In 2023, we are navigating inflation and its impact on consumer spending, various lasting side effects from the pandemic, and a looming recession in the back half of the year. Join DeAnna McIntosh, Retail Growth Strategist, for this idea-sparking session on how to reimagine and reinvigorate the retail business model.

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When Customers Win, You Win: How to Deliver Value That Transforms Your Customer Experience

Speaker: Donna Weber - Customer Onboarding Expert

This valuable session will help you: Learn what neuroscience has to do with customer onboarding Move from a transactional focus to partnering with new customers Deliver customer value to transform their business and yours July 19, 2023 at 9:30am PST, 12:30pm EST, 5:30pm GMT

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Mastering Intent Data: Understanding its Importance & Best Practices

Speaker: Joe Apfelbaum, CEO of Ajax Union

In this webinar, Joe Apfelbaum, CEO of Ajax Union and business strategist, will take you through the ABCs of intent data. You'll learn how to effectively use it to drive business results, with practical tips on how to leverage both company and contact intent data to maximize your marketing efforts.