We are very happy to announce that BillingPlatform has again been named to the Constellation ShortList™ for Smart Services Digital Monetization Platforms for Q1 2019.
The prominence of digital transformation and subscription business models coupled with digital business models has driven the creation of a new type of solution that Constellation has named Smart Services Digital Billing.
Legacy billing systems often lack the ability to support subscriptions, consumption-based models, and one-time transactions. Smart Services Digital Billing provides a billing solution for organizations that are operating nontraditional business models. Expect Smart Services Digital Billing to support business models built on smart services for IoT, blockchain consensus, and sharing economies.
“The Post-Digital era has arrived. In a world of winner-takes-all markets, digital leaders seek clarity on what exponential technologies will support their new business models. This Constellation ShortList filters the signal from the noise and highlights the key technologies our analysts recommend to our clients,” said R “Ray” Wang, chairman and founder at Constellation Research.
Constellation advises leaders on leveraging disruptive technologies to achieve business model transformation. 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 Constellation ShortList is frequently updated as market conditions change.
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.