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The Williamson L2O Benchmark
Cybersecurity Edition · Q2 2026

14 pages of cybersecurity-specific benchmarks across six revenue process dimensions for companies in the $5M–$50M ARR band. The first benchmark of its kind to map POC contamination, multi-stakeholder close rates, and platform consolidation economics.

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1,200+ Companies benchmarked
7 Primary sources
14 Pages
6 L2O dimensions
$84B M&A activity covered

How to Get the Most from This Report

Three things to do in the next 48 hours to turn benchmarks into action.

1

Read the Key Findings first

Page 3 gives you six headline findings in under two minutes — from POC contamination rates to the platform consolidation premium. Start here before reading the dimension slides so every data point lands in context.

2

Complete the Self-Assessment

Page 12 contains the full scoring framework calibrated for cybersecurity sales motions — not generic SaaS. Score each dimension 1–5. Most companies in the $5M–$50M ARR band score 12–18. Be honest — this is designed to reveal gaps, not confirm assumptions.

3

Identify your first structural break

Your lowest-scoring dimension is rarely the root cause — it is usually a symptom of a break upstream. Page 10 traces the dependency chain using a real $14M ARR cloud security case study. Win rate collapsed from 22% to 11%. The fix was not more SEs.

Free · 10 Minutes

Scored below 20 out of 30?

Email your six dimension scores to Michael with subject line 'L2O Self-Assessment — Cybersecurity'. You will receive a complimentary Dimension Dependency Brief within 48 hours — identifying which dimension is most likely causing the others to underperform.

25–30Strong L2O process
18–24Functional with gaps
12–17Significant structural issues
6–11L2O process failure
___/30 Your L2O Score

Score each of 6 dimensions 1–5 on page 12

The Six L2O Dimensions

Each dimension benchmarked with cybersecurity-specific data. They form a causal chain — a failure in one compounds through every dimension downstream.

1
Signal Architecture
2
Pipeline Structure
3
Conversion Mechanics
4
Pricing Realisation
5
Retention & Expansion
6
Process Discipline

What the Data Shows

Five benchmark numbers every cybersecurity CEO and CRO should know before setting 2026 targets.

54% of active POCs are structurally unclosable No budget authority, no timeline, no intent to purchase — draining SE capacity for zero return
42% breach-triggered conversion rate 3x the rate of outbound — but represents only 8% of total pipeline. The highest-converting signal is the least scalable
10.4x EV/Revenue for platform companies vs 5.1x for point players. The premium is expansion architecture, not product breadth
58% median quota attainment 12 points below horizontal SaaS — and structural, not a sales execution failure. Setting teams against SaaS norms is setting them up to fail
±32% average forecast variance Nearly double SaaS at ±18% — driven by long cycles, POC uncertainty, and multi-stakeholder decision timelines
“In cybersecurity, the symptom is always the win rate. The cause is almost always upstream.”
— Michael Williamson, The Williamson Verdict

This report provides the market benchmarks. Identifying which structural dependencies are creating drag in your specific company — whether it is POC contamination, signal architecture, or pricing model misalignment — requires tracing the causal chain through your own dimensions. That is the work of the Structural Assessment.

Learn About the Structural Assessment →

Michael Williamson

Founder, TechGrowth Strategy & Insights

25 years building and fixing revenue processes across technology companies — from O2/Telefónica and Vodafone, to Symantec, Equifax, and Helvar. Direct commercial leadership in security-adjacent markets. Operator, not analyst.