Constellation Shortlists BillingPlatform for Digital Monetization

August 23, 2019
Posted on: August 23rd, 2019 by Tomasz
Multiple Charging Models

We are very happy to announce that BillingPlatform has again been named to the Constellation ShortList™ for Smart Services Digital Monetization Platforms for Q3 2019.

For us, the Constellation ShortList affirms BillingPlatform’s prominence in digital transformation and recurring revenue business models. But many readers may be asking “what is a digital monetization platform?” 

"The emergence of a subscription economy coupled with digital business models drives the creation of a new type of solution known as Smart Services Digital Monetization

Platforms.” According to Constellation Research, “legacy monetization systems lack the ability to support subscriptions, consumption based models, and one time transactions. Smart Services Digital Monetization Platforms provides a monetization solution for organizations operating untraditional business models.” 

In short, you can rely on BillingPlatform to support innovative product ideas, such as the Internet of Things and smart devices. Additionally, we accept more innovative payment models like cryptocurrencies, and drive new modes of business like the sharing economy.

About the ShortList

Constellation evaluated over 25 solutions categorized in this market. The ShortList is determined by client inquiries, partner conversations, customer references, vendor selection projects, market share, and internal research. BillingPlatform and other shortlisted Smart Services Digital Monetization Platforms support at least 10 out of the 14 following criteria.

  • 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 PIM
  • Reporting and analytics
  • Marketplace or trading network support

View the full Constellation Shortlist Portfolio here.

To learn more about BillingPlatform’s agile solution, speak with an expert today.

About Constellation Research

As an award-winning Silicon Valley-based strategic advisory and futurist analyst firm, Constellation Research serves leaders and organizations navigating the challenges of digital strategy, business-model disruption and digital transformation. Constellation works closely with solution providers, partners, C-suite executives, board of directors, and its Constellation Executive Network of buy-side leaders to lead the way in research coverage and advise clients how to achieve valuable business results.