Sboll is Your Go-to Source for the Latest Finance News, Covering Markets, Banking, Investments, Economy and Stocks.
⎯ 《 Sboll • Com 》

State of B2B Revenue Report: AI Shifts from Novelty to Necessity to Accelerate Revenue Growth with 123% Less Effort

2023-06-20 20:57
SAN FRANCISCO--(BUSINESS WIRE)--Jun 20, 2023--
State of B2B Revenue Report: AI Shifts from Novelty to Necessity to Accelerate Revenue Growth with 123% Less Effort

SAN FRANCISCO--(BUSINESS WIRE)--Jun 20, 2023--

6sense, the leading platform to revolutionize the way B2B organizations create, manage and convert pipeline to revenue, today announced its The State of B2B Revenue in the Age of Intelligence report highlighting the impact AI has on B2B company revenue growth. The report's findings demonstrate how AI provides tangible bottom-line benefits to B2B revenue teams, including:

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230620461710/en/

6sense State of B2B Revenue Report Key Findings (Graphic: Business Wire)

  • 123.6% less effort required to make $1M in revenue
  • Deal sizes twice as large
  • Deal velocity 91.3% faster
  • Increased deal size and velocity for jumbo B2B deals ($150K+) by 1.9x and 230%, respectively.

“Ten years ago, our founders believed that AI had the potential to change how B2B companies go to market. This report not only reveals the remarkable results our customers achieve leveraging AI, but also provides real-world examples and case studies we can all learn from and take action on,” said Latane Contant, CMO at 6sense.

To understand the true impact of AI on revenue teams, 6sense analyzed the performance of 420 customers who use AI, data and machine learning across their go to market strategy. These customers ranged from early-stage startups to Fortune 100 companies that had their models running on the 6sense Revenue AI™ platform for a minimum of four consecutive quarters between July 2021 and December 2022.

"The research data in this report further confirm that AI is a necessity for B2B companies seeking to boost revenue growth," states Kerry Cunningham, 6sense Head of Research. "Virtually every B2B organization has access to reams of data about their buyers, but it takes AI to unlock the intelligence hidden within that data. AI allows organizations to create better buying experiences and to unlock a level of revenue productivity that was previously almost unachievable."

Historically, revenue teams have gathered massive amounts of information available on their prospects, yet are drowning in data, face low-quality pipeline and continue to miss revenue targets. With AI, organizations can capture and make sense of the ever-growing universe of buying signals, allowing them to transform the vast amount of information available into actionable intelligence that reveals accounts with the highest propensity to buy.

Moreover, by utilizing AI to enhance revenue team intelligence, companies can reduce waste across their go to market efforts to overcome an increasingly complex B2B buying process where a growing number of contacts on the buying committee conduct research anonymously online.

Learn more:

About 6sense

6sense is on a mission to revolutionize the way B2B organizations create revenue by predicting customers most likely to buy and recommending the best course of action to engage anonymous buying teams. 6sense Revenue AI™ is the only sales and marketing platform to unlock the ability to create, manage and convert high-quality pipeline to revenue. Customers report 2X increases in average contract value, 4X increases in win rate and a 20-40% reduction in time to close deals. Know everything. Do anything Ⓡ, with 6sense.

View source version on businesswire.com:https://www.businesswire.com/news/home/20230620461710/en/

CONTACT: Gina Rau

Global Head of PR and Communications, 6sense

Gina.Rau@6sense.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: DATA ANALYTICS DATA MANAGEMENT PROFESSIONAL SERVICES TECHNOLOGY ARTIFICIAL INTELLIGENCE

SOURCE: 6sense

Copyright Business Wire 2023.

PUB: 06/20/2023 08:31 AM/DISC: 06/20/2023 08:31 AM

http://www.businesswire.com/news/home/20230620461710/en