San Francisco, CA. November 11, 2015 – Aria Systems, which helps enterprises grow recurring revenue, today announced it has been selected as a leader in The Forrester Wave™: Subscription Billing Platforms, Q4 2015 report. Forrester Research selected eight companies to evaluate, including Aria Systems, out of a field of 42 companies originally identified in the growing category. The report scores vendors in the category according to strategy, current offering and market presence, using 40 different assessment criteria. With the Forrester Wave Leader designation, Aria Systems adds this latest recognition to a year marked by high achievement, including its previous top cloud billing vendor designation by MGI Research.
In the report’s vendor profiles, Aria is recognized for its focus “on helping large enterprises enable disruptive business models and transform existing models to take advantage of new recurring revenue market opportunities.” The Forrester Wave report cited that “the platform is well suited to support consumption/usage-based billing, multidimensional product/service structures, and complex B2B environments that have multilayered account structures and hierarchies. The platform provides a high degree of flexibility for complex, hybrid subscription configurations and approvals via its embedded workflow tools…”
“We are very proud of being named a leader in Forrester’s Wave for Subscription Billing Platforms. We believe the Forrester Wave on the subscription billing platforms category stands to be an essential guide for enterprises looking to accelerate growth of recurring revenue via subscription, consumption or a combination of the two,” said Tom Dibble, CEO of Aria Systems. “In our opinion, the report is reflective of our team’s commitment to product excellence and customer success, validating our enterprise-grade cloud billing and monetization platform that is uniquely capable of supporting multiple monetization models, channels and geographies, as well as proven integrations with our customers’ incumbent legacy systems.”
The Forrester Wave™: Subscription Billing Platforms, Q4 2015 report also noted that customers cite Aria’s core “billing and invoicing capabilities as being very strong with good business intelligence tools and a robust set of web services to allow complex integrations…” “Rapid time to market, intuitive business user tools and a culture of transparency via the account managers” were cited as positives.
Aria looks at The Forrester Wave™ Research as indicative of why large enterprises have chosen Aria, which also maintains 98% enterprise retention rate. It also highlights why Aria closed a record-setting quarter – tallying new enterprise customers across a diverse set of industries including: CCP Games, Edmunds.com, Fastly, FreshBooks, LogMeIn, and Zipcar.
The full Forrester Wave™: Subscription Billing Platforms, Q4 2015 report is available for download at www.ariasystems.com/forrester-wave.
Aria, the number one ranked cloud billing provider, helps enterprises monetize and grow recurring revenue at scale. Proven by the world's most demanding businesses, including AAA NCNU, Constant Contact, Falck, Hootsuite, Pitney Bowes, TDC, and VMware, Aria's billing and active monetization platform helps enterprises modernize their revenue operations with a better way to manage offers, customer accounts, billing and financial processes. With Aria, enterprises get to market faster with a wider variety of products and services, retaining more customers and maximizing lifetime value. To learn more, visit www.ariasystems.com.
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