IDC MarketScape Names Aria Systems a Worldwide Leader for Subscription Management Applications
Summary
The vendors covered in the IDC MarketScape report represent the front-runners in the marketplace, processing $112 billion of recurring revenue annually and growing at an average of 54 percent in 2019. “We are honored to once again be named a Leader in the IDC MarketScape, the latest significant accolade for our cloud billing platform,” said Tom Dibble, President & CEO, Aria Systems. “It is evident that analysts and our customers alike recognize the value of our platform and understand the direct connection between a modern, flexible and scalable billing system and the ability to accelerate growth through recurring revenue business models. Innovative enterprises like Adobe, Audi, Allstate, Comcast and Telstra depend on Aria to accelerate time to market and increase flexibility, enabling them to maximize customer value and grow recurring revenue through subscription- and usage-based offerings. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared.