Ray Rike, CEO of Benchmarkit, discusses the challenges faced by small and medium (SMB) B2B technology companies over the last few quarters.
Many have seen significant downturns, with the survival rate among SaaS businesses over $10 million sharply declining, doubling year-over-year since 2022. ⬇️
Yet, it’s not all gloom. Industries like cybersecurity and cloud infrastructure continue to perform well, largely due to the critical nature of the services they provide.
