FRESNO, Calif. – September is . Rail Safety month and the High-Speed Rail Program is using it as an opportunity to take a closer look at how we are helping to increase rail safety statewide. According to Operation Lifesaver , the number of highway-rail crossing collisions, deaths and injuries has dropped over the past five decades, but that about every three hours in the ., a person or vehicle is hit by a train. In the two videos above, we highlight two safety improvements features of the high-speed rail system. You can also read more about our projects in the October Construction Update .
In case it isn’t obvious: SPENDING THIS MUCH OF TOP LINE REVENUE ON SALES AND MARKETING IS NEW . This is not business as usual. The higher gross margins generated by software and SaaS are enabling unprecedented spending on sales and marketing below the gross margin line. I read a study recently in which two economists tried to advance their preferred narrative by citing high gross margins that can exist in business today. Yes they are high in SaaS. No, that is not the whole story. Spending below the gross margin line on sales and marketing is far higher.