Revenera Announces New Monetization Analytics Dashboard
Summary
“Understanding software consumption and customer adoption is critical to any successful monetization initiative. As a leader in the space, we enable software suppliers to innovate and make future packaging and pricing decisions based on data,” said Nicole Segerer, SVP and General Manager at Revenera. “The analytics capability offers easy-to-use insights for suppliers, and notifications and alerting based on monetization and usage events.” Revenera has modernized its data warehouse based on Snowflake technology and a new reporting framework to deliver more out-of-the-box reports focused on customer KPIs. First reports and visualizations include: • High Water Mark: Showing consumption of licensable features by applications over time “From a 2023 IDC survey, 53% of companies that have a recurring business model need better insights from usage data to understand customer value,” said Mark Thomason, Research Director for Digital Business Models and Monetization at IDC. Software and technology companies that monetize their solutions based on Revenera also benefit from an enhanced notification mechanism that enables them to react to usage events quickly and effectively.