MEDIA, Pa.--(http://www.AriaSystems.com) the leading provider of on-demand billing and subscription management solutions, today announced that from October 2008 to October 2009, subscription revenues grew more than 72 percent for Aria Billing customers. The incredible growth of sustainable, subscription revenues was enabled and supported by the capability and flexibility of the Aria Billing and Subscription Management Platform, and achieved during a time of profound weakening of the global economy.)--Aria Systems, Inc., (
“Aria Systems’ success is really measured by the success of our customers; not just their satisfaction with our products and services, but the real subscription revenue streams that they’re able to develop and manage using our platform”
“Aria Systems’ success is really measured by the success of our customers; not just their satisfaction with our products and services, but the real subscription revenue streams that they’re able to develop and manage using our platform,” said Ed Sullivan, CEO at Aria Systems. “We’ve put years of investment into enabling subscription revenue growth for companies large and small, and we’re proud to see our customers delivering such incredible results.”
From a macroeconomic perspective, the last 12 months have been among the most challenging in a generation. The International Monetary Fund is projecting a 1.3 percent decrease in global GDP for 2009, and the U.S. Department of Labor recently reported that U.S. unemployment rose from 6.7 percent a year ago to 10.2 percent, the highest rate in more than 25 years.
Over the same time period, monthly subscription revenues billed by deployed Aria Systems customers from October 2008 through October 2009 grew by a stunning 72 percent. The customers who achieved such incredible subscription growth over the last 12 months span a wide range of business-to-business (B2B) and business-to-consumer (B2C) industries including:
Aria delivers success both for larger, more established subscription businesses as well as smaller startups, with more than 30 percent of these customers now billing in excess of $750,000 per month through the Aria Billing and Subscription Management Platform, while another 30 percent are billing less than $20,000 per month.
The Aria Billing and Subscription Management Platform makes results like these possible by enabling faster delivery of new products and subscription services to market, reducing operational costs associated with billing processes, and giving customers flexibility in how they monetize their subscribers. For example, Aria allows customers to charge subscribers based on any metric of usage including contacts accessed, calls, bandwidth, consumption of virtual goods, and more. Usage-based billing can be combined with traditional flat-rate subscription models, aggregated into tiers, or billed across more than one usage metric, to drive subscription revenue based on the real value provided to subscribers.
To find out how Aria Systems can help your company rapidly develop and grow its subscription revenue streams, please contact us at http://www.ariasystems.com/contact/.
About Aria Systems
Aria Systems is the leader in on-demand billing and subscription management solutions. Since its inception in 2003 as the pioneer is SaaS billing, Aria has grown rapidly to manage millions of accounts in more than 195 countries and spanning a wide range of industries. The Aria Billing and Subscription Management Platform is the industry’s most reliable, flexible and scalable on-demand platform for organizations looking to accelerate revenue capture while significantly reducing operating costs. Aria Systems also leads the market in security and compliance as the only vendor to have achieved both SAS 70 Type II certification as well as PCI Level 1 compliance for the entire billing management process. Aria’s team is comprised of industry veterans that have managed multi-billion dollar billing operations supporting millions of end user subscribers. For more information about Aria Systems, visit http://www.AriaSystems.com or call 1-866-933-ARIA.