Aria Systems, the leader in helping enterprises grow subscription and usage-based revenue, announced that the company has been named a Leader in the IDC MarketScape: Worldwide Enterprise-Focused Subscription and Usage Management Applications 2022 Vendor Assessment (Doc # US48786022, September 2022). Aria Systems has now been positioned in the Leaders category in all three of the IDC MarketScape reports focused on subscription billing and management.1 This latest recognition follows a thorough evaluation of Aria’s corporate strategy and platform capabilities.
“It is an honor to be named a Leader by the IDC MarketScape in the areas of billing and subscription management”
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According to the report, “Customers praised the maturity and flexibility of Aria Systems’ platform (e.g., monetization models, integrations, user personas) to work in their complex enterprise environment along with the close services/support relationship to ensure the platform addresses the customer’s current and near-future needs. One customer said that Aria Systems is like its business bloodstream, a critical partner in its business.”
The report also noted, “Customers cited several attributes that enabled business model agility, including industry-focused solutions that bundle necessary capabilities, attribute-based pricing catalog, no-code workflow automation, prepaid credit support, real-time rating and mediation, and professional services that understand their industry.”
Finally, the report noted, “Aria Systems has the trust of its customers and several capabilities that make it a platform for their future, including dunning, data streaming, online learning, marketplace support, wide variety of integrations, microservices-based architecture, no-code workflow tool, and the support of Aria Systems’ deployment on Amazon AWS, Microsoft Azure, or Google Cloud Network platforms.”
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Vendors included in this IDC MarketScape are those targeting enterprises with complex billing needs, more than half of whom are still using legacy ERP, spreadsheets, and outdated manual processes. As these enterprises adopt recurring business models, they not only require enhanced billing capabilities but also the ability to efficiently manage the entire lifecycle process to ensure customer happiness. Since its inception, Aria has been providing Active Orchestration as an underpinning of its technology for customers spanning multiple industries, elevating the role of a billing system to that of a central hub in customer ecosystems.
“It is an honor to be named a Leader by the IDC MarketScape in the areas of billing and subscription management,” said Tom Dibble, President & CEO, Aria Systems. “We believe this latest IDC MarketScape report reaffirms the power of Aria’s cloud-native SaaS subscription and usage billing platform to support large B2B, B2C, or B2B2X companies that have complex business models and need a robust, scalable, and resilient solution that can monetize those models at scale, no matter what the future brings. Our positioning confirms that Aria continues to serve as a critical business partner to our clients, prepared to help accelerate recurring revenue growth and meet all current and future billing needs.”