DUBLIN, September 30, 2013 /PRNewswire/ --
Research and Markets
( http://www.researchandmarkets.com/research/h9t8g9/cloud_billing) has announced the addition of the "Cloud Billing Market by Solution, Delivery & Users: Global Advancements, Market Forecasts & Analysis (2013-2018)" report to their offering.
(Logo: http://photos.prnewswire.com/prnh/20130307/600769 )
It is expected that the cloud billing market will grow from $2.4 billion in 2013 to $9.58 billion in 2018, at a CAGR of 31.9% during the forecast period.
Cloud billing refers to billing solutions for digital as well as non-digital services. The flexibility of using cloud services such as Software as a Service (SaaS), Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) anytime and anywhere has created business opportunities across various verticals but at the same time proper monetization of these services is critical so as to avoid revenue leakage and survive the intense competition. Cloud billing solutions provide organizations with several advantages including increased transparency in the charging and billing processes, virtualized workplaces, flexibility to up-scale with increase in customers, and simplified operations along with accelerated performance.
As businesses realize the impact of billing processes on customer satisfaction and retention, and partner relationships they strive to deliver greater flexibility to customers by deploying cost effective billing processes. While organizations across verticals look to integrate cloud billing solutions into their mainstream work scenarios, the billing solution providers aim to gain competitive advantage in the emerging market by designing feature rich solutions and better visibility by undertaking innovative marketing strategies such as referral programs and free trials.
This report indicates that the need to increase business agility, along with cost control measures is playing a key role in strengthening the cloud billing market. Though the adoption of these solutions is gradual due to concerns of loss of data and third party dependence, these solutions are expected to experience a tremendous growth, owing to the evolution of cloud and growing demand for automation of billing processes as a result of pricing intricacies. The assimilation of cloud billing solutions within the existing organizational framework will further amplify the growth of businesses by embedding best practices for consistency and accuracy of operations.
Key Topics Covered:
2 Executive Summary
3 Market Ecosystem And Dynamics
4 Cloud Billing: Market Size And Forecast For Billing Of Cloud Services
5 Cloud Billing: Market Size And Forecast For Billing Services On Cloud
6 Cloud Billing: Market Size And Forecast For Services
7 Cloud Billing: Market Size And Forecast For Regions
8 Cloud Billing: Market Analysis, Trends And Insights
9 Cloud Billing: Competitive Landscape
10 Company Profiles (Overview, Products & Services, Financials, SWOT And Strategy & Insights)*
- Amazon Web Services (AWS)
- Aria Systems
- Bmc Software
- CGI Group
- Csg International
- NEC Corporation
For more information visit http://www.researchandmarkets.com/research/h9t8g9/cloud_billing
SOURCE Research and Markets