OPINION: This rating update takes into account a new CEO (Dennis Wall), an $18 million funding commitment from Columbia Capital, uptick in strategy and marketing execution, significantly increased brand visibility, and a number of competitive wins and production roll outs. BillingPlatform’s Channels score had minimal change as its partner ecosystem and direct sales are going through a build-out. Its Finance score reflects the new funding as well as increased sales and marketing investment. The company continues to grow at 65%+ per year. The detailed score and ranking is available in the full research note attached.
USE CASE: BillingPlatform solutions have a particular sweet spot in monetizing complex hybrid (physical and digital) assets such as in ports, logistics, transportation, and energy (among others) across a spectrum of company sizes and geographies.
COMPETITORS: Aria Systems, Ericsson, goTransverse, Oracle, SAP, Zuora