Summary: We raise the MGI 360 Rating of BillingPlatform in Agile Billing from 60 to 61 and maintain a POSITIVE Analyst Outlook. Company continues steady investment into product R&D, expanding use cases for its core billing engine and gaining traction with its collection solution and automated revenue management software. Company has broadened its customer base and set of use cases, including significant recent traction with large global financial services organizations. Management and channel execution has improved, while mid-to-high double-digit revenue growth continues. Management score increased from 13.46 to 13.51. Strategy score grew markedly from 12.95 to 13.74. Finance rating grew from 12.07 to 12.23. BillingPlatform scores above peer group average in all but one category – Channels – and that area is evolving rapidly as well.
Ideal Use Case: The BillingPlatform solution has a sweet spot in monetizing complex hybrid (physical and digital) assets across a spectrum of industries, such as SaaS, high-tech, financial services, communications, and media – often in large, global companies with a complex intersection of pricing, product, channel, and organizational complexity that require high agility.
Primary Competitors: Aria Systems, BluLogix, Gotransverse, LogiSense, Oracle, RecVue, SAP, Zuora