MGI Research, an independent research and advisory firm, released updated ratings for Agile Monetization Platform vendors. We are thrilled that MGI recognized all the hard work and progress that we made in 2018 by raising their rating of BillingPlatform to 57. MGI increased BillingPlatform’s score in four categories (product, management, channel and strategy). The firm cited strong product enhancements around BillingPlatform v8 and our ability to solve a variety of billing problems as key reasons for our rating increase.
Report Highlights
Highlights from BillingPlatform’s updated ratings report are provided here.
“Product score improved from 12.76 to 13.45 reflecting a steady stream of functional enhancements culminating in Version 8 of BillingPlatform” – MGI Research
The recognition of our product and development teams’ achievements are well-deserved. The enhancements in Version 8 include improved monetization options, boosted security for system/compliance and a smoother customer experience. You can read more about Version 8 in this blog post.
“The company growth accelerated above the prior benchmark of 65%+ per year.” – MGI Research
And as our projected growth indicates, the market is recognizing the potential of our solution too. Personally, I have been working hard to lead our product team to create the best solution in the market. As a company, BillingPlatform continues to exceed expectations. Although 2018 was an incredible year, we anticipate even more product innovation and company growth in 2019.
“Use Case: The company solution has a particular sweet spot in the monetizing complex hybrid (physical and digital) assets across a spectrum of industries such as in ports, logistics, transport, and energy.” – MGI Research
The agile monetization platform vendor area is another exciting area of growth highlighted in the MGI report. Digital transformation continues to bring sweeping changes to every industry–see Ford’s purchase of Spin, an electric scooter company, for $40M. This example highlights how a century old motor company has begun to rethink its business model–Ford is becoming a personal transportation company. BillingPlatform is poised to support the transformation of every industry. We make any pricing model simple to support. Just ask our customers like Zerto (high tech), Cengage Learning (education) and more.
And we’re not done. If you believe as strongly as we do that agile monetization is a critical component to enabling digital transformation, then please contact us to learn more.
Download BillingPlatform’s MGI 360 Rating today.
About MGI 360 Ratings
MGI 360 Ratings is a comprehensive system for evaluating technology companies. Business, Finance and IT leaders use MGI 360 to track suppliers, assess purchasing risks and identify promising new vendors.
MGI Research is an independent industry research and advisory firm focused on disruptive trends in the technology industry.