Aria Systems, the leader in helping enterprises grow subscription- and usage-based revenue, today released the results of a commissioned Total Economic Impact (TEI) study, conducted by Forrester Consulting on behalf of Aria Systems, quantifying the value and benefits of the company’s cloud-based billing and monetization platform.
The study revealed that, over three years, organizations experienced a return on investment (ROI) of 118 percent after moving to Aria. It also found that Aria’s solution successfully helps companies boost revenue, rapidly introduce new services, enhance customer care and significantly reduce revenue leakage, all while offering better security, compliance, performance and scalability.
“Companies across multiple industries continue to adopt recurring revenue strategies and, as they do so, quickly realize they need a modern and flexible billing and monetization platform,” said Tom Dibble, President and CEO, Aria Systems. “We believe the Forrester TEI study clearly validates the value of our platform and demonstrates Aria’s ability to lift subscription revenue and provide a host of benefits for organizations seeking a secure, scalable and robust recurring revenue management solution.”
The Forrester TEI study helps companies demonstrate, justify and realize the tangible value of IT initiatives for senior management and business stakeholders. The results of the study were generated based on interviews with Aria customers and stakeholders and analysis of data by Forrester.
Key benefits discovered in the study include:
- 19% uplift in revenue
- 70% improvement in revenue recovery
- 90% reduction in revenue leakage
- 20% increase in billing efficiency
As the movement to recurring revenue and subscription-based services continues across multiple industries, Aria’s cloud-based billing and monetization platform helps companies transition to new business models, quickly bring new services to market, and improve customer experience and brand loyalty.
To learn more about the Forrester Total Economic Impact study of Aria or to download a copy, visit ariasystems.com.
About Aria Systems
Aria Systems’ cloud-based monetization platform is the analysts’ choice, top ranked by leading research firms. 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. For more information, visit www.ariasystems.com.