3rd Party Report
Zuora named a leader in IDC MarketScape: Enterprise Solution Management Applications
In the IDC MarketScape: Worldwide Enterprise-focused Subscription and Usage Management Applications 2022 Vendor Assessment, Zuora’s strategies and capabilities were evaluated, and the company was positioned in the Leaders Category for the third time. *
The IDC MarketScape report profiled Zuora’s strengths, including its platform maturity and business model agility; strong pricing capabilities; and customers interviewed were confident that Zuora would be their subscription and usage management vendor of choice for the future. From the point-of-view of customers interviewed for the IDC MarketScape, Zuora’s customers were “…impressed at the momentum of innovation (AI capabilities) and enterprise scaling capabilities to help them manage recurring revenue in enterprises. They liked that Zuora listens well to their needs and responds quickly. …”
The IDC MarketScape also noted Zuora’s acquisitions of Live Objects and Zephr. Both acquisitions were noted as providing additional capabilities for Zuora’s comprehensive monetization platform for medium- to enterprise-sized companies. For example, the IDC MarketScape commented that the Zephr “… acquisition will enable Zuora’s customers to understand the subscriber journey and provide data-driven personalized actions at scale to their customers leveraging an easy-to-use rules engine. …”
The IDC MarketScape noted companies should: “Consider Zuora if you need a comprehensive and enterprise-grade subscription and usage revenue management solution to intelligently automate the quote-to-revenue process.”
Download this report excerpt to learn:
- How the IDC MarketScape assesses the Subscription and Usage Management market
- Zuora’s comprehensive subscription and usage management portfolio, as well as its strengths
- What areas of Zuora’s offering were recognized by customers
The IDC MarketScape report also provides information, insights, and advice on:
- Trends in the subscription and usage management market
- Insights into the rapid adoption of recurring revenue business models
- The importance of orchestrating the recurring revenue life cycle – it’s more about happy customers than just billing customers
- How to run a Subscription and Usage Management application procurement project including game plan and critical functions to evaluate (11 categories with 44 items, which is a handy way to jump start creating a request for information from vendors)
* IDC MarketScape: Worldwide Subscription Relationship Management 2017 Vendor Assessment (Doc #US43172417, November 2017); IDC MarketScape: Worldwide Subscription Management 2019-2020 Vendor Assessment (Doc #US44867519, January 2020)
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