Recurring revenue models such as subscriptions, tiered services and usage pricing have exploded and are now estimated to be a $300 billion market. From software to digital entertainment to multi-million dollar capital equipment to baby supplies, companies are using recurring revenue to expand their markets and retain valuable customers. At the same time, consumers are embracing recurring payment options because of their convenience and added value.
Aria provides one of the key components for managing recurring revenue, a sophisticated multi-service commerce hub in the cloud. With Aria, a business can offer its customers many ways to connect with its products and services including by subscription, usage, prepaid, tier or freemium. Aria’s extensible services support the entire customer relationship and can be easily accessed through popular business applications from Salesforce.com, NetSuite, SAP, Oracle and others. In addition, Aria gathers critical business intelligence on customers' service usage to help spot trends and uncover new opportunities.