SAN FRANCISCO, Nov. 28, 2017 (GLOBE NEWSWIRE) -- Aria Systems, the leader in helping enterprises grow subscription- and usage-based revenue, today announced that it has been named a Global Leader in the IDC MarketScape: Worldwide Subscription Relationship Management (SRM) 2017 Vendor Assessment1.
This is the second time this year that a prominent analyst firm has named Aria a Leader in its market space. Earlier in 2017, Forrester Research named Aria a leader in The Forrester Wave™: Recurring Customer and Billing Management, Q3 2017 report.
The publication of the IDC MarketScape report and the Forrester Wave: Recurring Customer and Billing Management, Q3 2017 report are indicative of the increasing interest in — and growth of — subscription services and the role of billing to support them. For many companies, the shift from physical products to digital services is “make or break.”
The IDC MarketScape study assesses the capability and business strategy of the most prominent SRM software providers. The report is a quantitative and qualitative assessment of vendor characteristics and their current and future success worldwide. The study’s inclusion criteria favored production-ready software versus heavily customized solutions.
“The IDC MarketScape report provides continued validation of Aria’s leadership position in the subscription and recurring revenue market,” said Tom Dibble, President & CEO, Aria Systems. “We are honored to once again be positioned as a Leader and believe it reflects our platform’s ability to move enterprises beyond simple subscriptions to more sophisticated billing options."
About IDC MarketScape
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.
About Aria Systems
Aria Systems’ cloud-based monetization platform is the analysts’ choice, top ranked by leading research firms. Innovative enterprises like Adobe, Philips, and Pitney Bowes depend on Aria to accelerate time to market and increase flexibility, enabling them to maximize customer value and grow recurring revenue through subscription- and usage-based offerings. For more information, visit www.ariasystems.com.
Aria Systems and the Aria logo are trademarks of Aria Systems, Inc. All other trademarks are the property of their respective owners.
1 Doc #US43172417, November 2017
Source: Aria Systems