OPINION: This rating update takes into account a new CEO (Dennis Wall), an $18 million funding commitment from Columbia Capital, uptick in strategy and marketing execution, significantly increased brand visibility, and a number of competitive wins and production roll outs. BillingPlatform’s Channels score had minimal change as its partner ecosystem and direct sales are going through a build-out. Its Finance score reflects the new funding as well as increased sales and marketing investment. The company continues to grow at 65%+ per year. The detailed score and ranking is available in the full research note attached.

USE CASE: BillingPlatform solutions have a particular sweet spot in monetizing complex hybrid (physical and digital) assets such as in ports, logistics, transportation, and energy (among others) across a spectrum of company sizes and geographies.

COMPETITORS: Aria Systems, Ericsson, goTransverse, Oracle, SAP, Zuora

About MGI 360 Ratings: MGI 360 Ratings score is a uniform 0 to 100 supplier rating system comprised of 149 unique data points. The scores condense hundreds of hours of research into simple, easy to understand ratings and recommendations to clearly demonstrate differences amongst software vendors. The overall score is comprised of five equally weighted major categories that account for up to 20 points in Product, Management, Channels, Strategy, and Finance. Learn more about MGI 360 Ratings.