Business & Work
Concepts used to describe how technology businesses operate, grow, measure performance, and deliver products or services to customers.
3 terms
Business & Work includes the commercial models, metrics, and workplace concepts people encounter when discussing modern technology companies and subscription businesses.
Terms in Business & Work
3 terms
Business & Work
ARR
Annual recurring revenue: the recurring subscription revenue a business expects from active customer contracts normalized to a one-year period.
Business & Work
Churn
The loss of customers, subscribers, or recurring revenue over a given period.
Business & Work
SaaS
Software as a service: a cloud service model in which customers use software applications operated by a provider rather than managing the underlying infrastructure themselves.