images-1Leadership is about getting results so it’s nice to be able to see an industry mature and the growing leadership skills begin to bring better results and in particular, better productivity.

Foosball and free food still exist but long gone are the days of mindless spending and large losses in the software industry. The post-bubble era is seeing dramatic increases in productivity for software companies. It looks like the industry is really maturing.  Our little baby is growing up.

  • Average revenue per employee has increased to $287,000 from $195,000 in 2003.
  • Average net income per employee is now $3,700 (which sounds anemic but represents huge improvement over the average net loss of $61,600 per employee back in 2003.)
  • 62% of the companies are now profitable versus only 46% back in 2003.
  • The average market cap per employee increased from $600,000 to $1,129,000.

You can get a full copy of the report here.