Leading Analyst Firm Highlights Need for Subscription Billing Platform as Global 2000 Companies Embrace the Cloud
451 Group Cites Billing Software as a Standout Sector
San Mateo, CA, April 11, 2011 – Aria Systems (www.AriaSystems.com), the leading provider of cloud billing and subscription management solutions, has been featured in a recent report by independent IT analyst firm The 451 Group, highlighting the continued adoption of cloud-based billing as more companies seek new ways to monetize products and services. The increase in subscription and recurring models are key market drivers for billing software vendors, according to the report, with SaaS, consumer devices and cloud computing all driving wider adoption.
According to The 451 Group, Global 2000 companies embraced the cloud in 2010 as awareness increased of how they can support faster time-to-market, lower costs and greater flexibility. As companies work to get new products to market, Aria Systems, with its granular billing capabilities, can support increased monetization for users in the widest range of monetization models.
“The continuing shift to subscriptions and recurring models are the key market drivers and opportunity for companies in the billing software sector,” said William Fellows, principal analyst at The 451 Group. “Vendors such as Aria Systems should be able to take advantage of this shift with products that meet this growing demand.”
For reference, the full 451 Group report can be downloaded here. (http://www.ariasystems.com/marketing/451-cloud-opportunities/)
About Aria Systems
Aria Systems is the leader in subscription billing and subscription management solutions. As the SaaS billing pioneer founded in 2003, Aria has grown rapidly to manage millions of subscription accounts in every country in the world for companies that span a wide range of industries, including telecommunications, SaaS, new media, gaming, entertainment and cloud infrastructure. The Aria Billing and Subscription Management Platform is the industry’s most reliable, flexible and scalable on-demand platform for capturing recurring revenues. Aria Systems leads the market in security and compliance as the only vendor to have achieved both SAS 70 Type II certification as well as PCI DSS Level 1 compliance for the entire billing management process. Aria’s billing expertise comes from industry veterans that have managed multi-billion dollar billing operations supporting millions of end user subscribers. For more information, visit www.AriaSystems.com or call 1-877-755-2370.
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