Aria Systems Recognized in 2021 Gartner® Market Guide for CSP Revenue Management and Monetization Solutions
Communications Service Providers benefit from Aria’s cross-industry agility and best-of-breed expertise in billing and subscription management
Aria Systems, the leader in helping enterprises grow subscription and usage-based revenue, today announced it has been identified in the 2021 Gartner Market Guide for CSP Revenue Management and Monetization Solutions (RM&M)1, a market guide that helps CSPs define the landscape for RM&M solutions. Aria was one of 14 Representative Vendors selected by Gartner based on its competitiveness as seen by competitors, product portfolio, geographic spread and progress made in the last year.
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“We are proud to be profiled as a Representative Vendor in the Gartner Market Guide that offers CSPs a public and cloud-native SaaS/PaaS monetization platform.”
In the key findings, Gartner states that “communications service providers’ (CSPs’) existing revenue management and monetization (RM&M) application portfolios lack ample capabilities to support a number of objectives. These include new business models and monetization approaches, improving data monetization, cloud-native architecture adoption and technology upgrade for 5G use cases.”
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Gartner goes on to recommend that CSP CIOs “include new and emerging suppliers (with low-code/no-code solutions, and/or strong SaaS offerings) in the sourcing strategy, particularly for specific LOB requirements.”
Aria’s cross-industry experience and inherent agility have been winning ingredients for CSPs as they look beyond connectivity to monetize newly co-created and self-configurable products. In addition, there is a growing need to support new business opportunities created by 5G and software-defined networking (SDN). CIOs and CTOs are actively shifting course to adopt best-of-breed and cloud-native strategies with vendors like Aria to build a more flexible architectural foundation.
“We believe Aria’s inclusion in the Gartner Market Guide further validates that our solution is very well suited to support the product innovation and accelerated go to market strategies of CSPs pursuing higher growth,” said Tom Dibble, President and CEO, Aria Systems. “We are proud to be profiled as a Representative Vendor in the Gartner Market Guide that offers CSPs a public and cloud-native SaaS/PaaS monetization platform.”
