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Zuora Receives $115 Million Investment as Subscription Economy Goes Mainstream - Seite 3
"Companies are embracing the shift to subscription because they understand they must innovate or risk obsolescence," said R. 'Ray' Wang, principal analyst and CEO, Constellation Research. "While SaaS companies showed the way, this is just the beginning as every company now faces business model disruption. In a post-sales economy, the focus is not on selling products or services but on managing relationships and keeping the brand promise."
"Across many industries, the business of enabling experiences and nurturing relationships is augmenting or replacing product catalogs, shopping carts, and ownership," said Amy Konary, research vice president at IDC. "Success in this new world requires monetizing relationships instead of simply selling units. Zuora is playing a key role in enabling the shift to relationship business models."
Additional Resources
"The Subscription Economy: A Business Transformation" by Tien Tzuo, CEO of Zuora
SlideShare: "Drivers of Success in the Subscription Economy"
Follow us online:
- Facebook.com/zuora
- @Zuora
- #SubscriptionEconomy
About Zuora Inc.
Zuora's solution allows any business in any industry to launch or shift products to subscription, implement
new pay-as-you-go pricing and packaging models, gain new insights into subscriber behavior, open new revenue streams, and disrupt market segments to gain competitive advantage. Headquartered in
Silicon Valley, Zuora also operates offices in Atlanta, London, Paris, Munich, Beijing, Amsterdam, Vienna, Sydney, Copenhagen and Stockholm. Zuora clients come from a wide range of industries,
including media, travel services, consumer packaged goods, cloud services, and telecommunications. Clients include Financial Times, Schneider Electric, Box, Honeywell, NCR, RTL, lynda.com, The
Guardian, YP.com, BlueJeans, Shutterfly, TripAdvisor, Vivint and Trulia. To learn more about Zuora, please visit www.zuora.com.
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Media Contact:
Jayne Scuncio
Zuora@eastwick.com
415-820-4164