We’re proud to announce that Constellation Research once again named Zuora to the Constellation ShortList™ for Smart Services Digital Monetization Platforms in Q3 2020, marking its fourth consecutive year of recognition on the list. Zuora was previously recognized in Q3 2019, Q1 2019, Q3 2018, Q1 2018, Q3 2017, Q1 2017, and Q3 2016.
The technology vendors and service providers included in this program deliver critical transformation initiative requirements for early adopter and fast follower organizations.
The emergence of the Subscription Economy coupled with digital business models is driving the creation of a new type of solution known as Smart Services Digital Monetization Platforms. Legacy monetization systems lack the ability to support subscriptions, consumption-based models and one-time transactions. Smart Services Digital Monetization Platforms provide a monetization solution for organizations operating untraditional business models, supporting business models built on smart services for the Internet of Things, blockchain consensus and sharing economies.
Products and services must meet the threshold criteria for this category:
- Account management
- Alerts and notifications
- Billing
- Complex event processing/workflows
- Configure, price, quote (CPQ)
- Contracts
- Financials
- Invoicing
- Integration and orchestration
- Partner platforms
- Pricing
- Product catalog and product information management’
- Reporting and analytics
- Marketplace or trading network support
“In an era of rapidly changing technology, pay to play research, and paywall required rankings, The Constellation ShortList portfolio gives prospects and customers an easy to use list and criteria to build their own vendor selection short list,” said R “Ray” Wang, chairman and founder at Constellation Research. “The vendors on this list represent the best of the best for their category. We’ve identified the top vendors to consider based on technology investment, use cases, strategic vision, customer value, executive leadership and price.”
Constellation Research advises leaders on leveraging disruptive technologies to achieve business model transformation and streamline business processes. Products and services named to the Constellation ShortList meet the threshold criteria for this category as determined through client inquiries, partner conversations, customer references, vendor selection projects, market share and internal research. The portfolio is updated at least once per year as the analyst team deems necessary based on market conditions.
View the entire shortlist for Smart Services Digital Monetization platforms here.
Learn more about Zuora Central, The Subscription Economy® Platform.
Disclaimer: Constellation Research does not endorse any solution or service named in its research.